Civic Intelligence

Weizmann Chairs and Scholarships

EIN 82-4889212 • 501(c)3 • New York, NY

Profile

The organization was formed exclusively to support the charitable, educational, scientific, and literary activities of the weizmann institute of science ("institute"); see schedule o.

10 East 40th Street 30th FLNew York, NY 10016

www.weizmann-usa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.22x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

9th percentile

$264,355

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

46th percentile

5.3%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

175%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$897,499,602

Up $44,961,209 (+5.3%) from 2023

Liabilities

Up

$9,925,744

Up $452,651 (+4.8%) from 2023

Net Assets

Up

$887,573,858

Up $44,508,558 (+5.3%) from 2023

Revenue

Up

$45,646,642

Up $29,044,601 (+175%) from 2023

Expenses

Up

$39,104,874

Up $1,733,719 (+4.6%) from 2023

Net Income

Up

$6,541,768

Up $27,310,882 (+131%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0B$500M$0Assets 2019: $724,487,722Liabilities 2019: $172,815Net Assets 2019: $724,314,9072019Assets 2020: $730,251,614Liabilities 2020: $824,387Net Assets 2020: $729,427,2272020Assets 2021: $941,131,900Liabilities 2021: $3,571,292Net Assets 2021: $937,560,6082021Assets 2022: $838,525,749Liabilities 2022: $6,681,010Net Assets 2022: $831,844,7392022Assets 2023: $852,538,393Liabilities 2023: $9,473,093Net Assets 2023: $843,065,3002023Assets 2024: $897,499,602Liabilities 2024: $9,925,744Net Assets 2024: $887,573,8582024

Highlighted filing

2024

Assets$897,499,602
Liabilities$9,925,744
Net Assets$887,573,858

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800M$600M$400M$200M$0-$200MRevenue 2019: $702,611,362Expenses 2019: $173,320Net Income 2019: $702,438,0422019Revenue 2020: $15,096,569Expenses 2020: $3,035,095Net Income 2020: $12,061,4742020Revenue 2021: $48,506,702Expenses 2021: $14,135,776Net Income 2021: $34,370,9262021Revenue 2022: $51,139,977Expenses 2022: $26,839,892Net Income 2022: $24,300,0852022Revenue 2023: $16,602,041Expenses 2023: $37,371,155Net Income 2023: -$20,769,1142023Revenue 2024: $45,646,642Expenses 2024: $39,104,874Net Income 2024: $6,541,7682024

Highlighted filing

2024

Revenue$45,646,642
Expenses$39,104,874
Net Income$6,541,768

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$41,156,448
Mission and Program Overview

Mission

The organization makes grants to weizmann institute of science ("institute") in support of the institute's charitable, educational, scientific, and literary activities, particularly, but not exclusively, to fund professional chairs.

The organization benefits the weizmann institute of science ("institute"). See schedule o.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$852,526,994$897,499,602▲ $44,972,608
Prepaid Expenses and Deferred Charges$11,399--
Total Assets$852,538,393$897,499,602▲ $44,961,209
Liabilities
Other Liabilities$9,307,013$9,718,767▲ $411,754
Accounts Payable and Accrued Expenses$166,080$206,977▲ $40,897
Total Liabilities$9,473,093$9,925,744▲ $452,651
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$843,065,300$887,573,858▲ $44,508,558
Total Net Assets Fund Balance$843,065,300$887,573,858▲ $44,508,558
Total Liabilities and Net Assets / Fund Balance$852,538,393$897,499,602▲ $44,961,209

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$897,499,602--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$842,294,559-▲ $44,737,372-$887,032,931
2022$831,430,898-▲ $10,863,661-$842,294,559
2021$936,655,983-▼ $105,225,085-$831,430,898
2020$728,343,486-▲ $208,312,497-$936,655,983
2019$723,088,227-▲ $8,147,415-$728,343,486
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Amy WagnerExec. Director & SecretaryPT$46,944$46,944
Haim HarariDirector-$1,084$1,084

Board Members and Trustees

NameTitle
Daniel HirschChair & Director
Doron CohenDirector
Eric StuppDirector
Julian DwekDirector
Leon GouldDirector
Steven RomickDirector
Zvulun ElazarDirector
Mario FleckDirector (start 07/2023)
Catherine BeckDirector (thru 05/2024)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$45,646,642
Other Revenue
$0
Change in Net Assets
$6,541,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$45,646,642
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$37,966,790
Total Revenue per Audited Statements
$83,613,432
Total Revenue per Form 990
$45,646,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$38,875,060
Other Expenses$181,282
Salaries, Compensation, and Employee Benefits$48,532
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$38,875,060--$38,875,060
Fees for Services Legal-$118,700-$118,700
Other Expenses-$49,267-$49,267
Current Officers, Directors, Trustees, and Key Employees-$48,532-$48,532
Insurance-$13,277-$13,277
All Other Expenses-$38-$38
Total Functional Expenses$38,875,060$229,814$0$39,104,874

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$39,104,874
Total Expenses per Audited Statements$39,104,874
Total Expenses per Form 990$39,104,874
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$38,875,060

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaGrantmakingScientific Research00$38,875,060
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$9,718,767
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee (the 'committee') of the board of directors (the 'board') of the weizmann chairs and scholarships endowment, inc. (the organization') is a standing committee of the board that will have and exercise all power and authority of the board when the board is not in session, except that it will not have power and authority to (a) fill vacancies in the board or in any committee of the organization; or (b) amend or repeal the organization's by-laws or adopt new by-laws for the organization. The committee is comprised of three or more members of the board.

Form 990, Part VI, Section A, Line 6

Member the organization's sole member is the institute. The institute has the power to elect, appoint, and remove any director.

Form 990, Part VI, Section A, Line 7A

See explanation in line 6 above.

Form 990, Part VI, Section A, Line 7B

See explanantion in line 6 above.

Form 990, Part VI, Section B, Line 11B

Form 990 review process the audit committee of the organization reviews the form 990 prior to filing. A complete copy of the form 990 is made available to all board directors prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy compliance the organization has a conflict of interest policy in its by-laws that requires each director, officer, and staff member to furnish an annual disclosure statement to the audit committee for review. Each director, officer, and staff member also receives an annually updated code of conduct.

Form 990, Part VI, Section B, Line 15A

Executive compensation the compensation committee of the board of directors annually evaluates the performance of the executive director and reviews and recommends compensation for the executive director to the board of directors. The compensation committee is comprised of three members of the board of directors.

Form 990, Part VI, Section C, Line 19

Documentation available to public the organization's governing documents and financial statements were available to the public upon request during the tax year.

Form 990, Part VII

Compensation during calendar year 2023, the organization did not pay any compensation. The compensation reported on part ix, line 5 is the fiscal year compensation paid to the executive director by an unrelated tax-exempt organization. This compensation is reported on part vii, section a as required.

Filing and Contact Details

Filer

Filer Name
Weizmann Chairs and Scholarships
EIN
82-4889212
Phone
2128673083
Address
10 EAST 40TH STREET 30TH FL, NEW YORK, NY 10016

Signing Officer

Name
Amy M Wagner
Title
Executive Director
Phone
2128673083
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy M Wagner
Formed
2017
Legal Domicile
De
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
9

Preparer

Firm
Kpmg Llp
Address
345 PARK AVENUE, NEW YORK, NY 10154-0102
Preparer
Evan W Seekamp
Phone
2127589700
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 and Part III, Line 1

The organization was formed exclusively to support the charitable, educational, scientific, and literary activities of the weizmann institute of science ("institute") by making grants to the institute and investing endowment assets for the sole benefit of the institute. Form 990, part v, line 2a form w-3 the organization did not pay any individuals during calendar year 2022. As such, this line is 0.

Financial Statement Notes

PART V, LINE 4:

Intended use of endowment funds the funds of the endowment will be used to further the organization's mission, which is to benefit the institute.

PART X, LINE 2:

Uncertain tax positions the organization is not subject to united states federal income taxes under the code, though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The organization has processes in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it was nexus; and to identify and evaluate other matters that may be considered tax positions. The organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UBIT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049267
IRS990/OtherExpensesGrp/TotalAmt049267
IRS990/OtherLiabilitiesGrp/BOYAmt09307013
IRS990/OtherLiabilitiesGrp/EOYAmt09718767
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011399
IRS990/PrincipalOfficerNm0AMY M WAGNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt037228055
IRS990/PYInvestmentIncomeAmt016602041
IRS990/PYOtherExpensesAmt072911
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-20769114
IRS990/PYSalariesCompEmpBnftPaidAmt070189
IRS990/PYTotalExpensesAmt037371155
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016602041
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06541768
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlDecidingGrntFrgnOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportForeignOrgNoDetermInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0980413360
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt038875060
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE WEIZMANN INSTITUTE OF SCIENCE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt038875060
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0842294559
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0887032931
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt044737372
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0831430898
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0842294559
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010863661
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0936655983
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0831430898
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-105225085
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0728343486
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0936655983
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0208312497
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0723088227
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0728343486
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt02892156
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08147415
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt039104874
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt037966790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09718767
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0897499602
IRS990ScheduleD/OtherSecuritiesGrp/Desc0W-GEM, L.P.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt037966790
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt045646642
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTENDED USE OF ENDOWMENT FUNDS THE FUNDS OF THE ENDOWMENT WILL BE USED TO FURTHER THE ORGANIZATION'S MISSION, WHICH IS TO BENEFIT THE INSTITUTE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNCERTAIN TAX POSITIONS THE ORGANIZATION IS NOT SUBJECT TO UNITED STATES FEDERAL INCOME TAXES UNDER THE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0897499602
IRS990ScheduleD/TotalExpensesPerForm990Amt039104874
IRS990ScheduleD/TotalLiabilityAmt09718767
IRS990ScheduleD/TotalRevenuePerForm990Amt045646642
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt083613432
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt039104874
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt038875060
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SCIENTIFIC RESEARCH
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTMAKING
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignPartnershipInd01
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt038875060
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SCIENTIFIC RESEARCH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0MIDDLE EAST/NORTH AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd01
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt038875060
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE INSTITUTE IS THE SOLE RECIPIENT OF GRANT FUNDS. THE AMOUNT OF GRANT FUNDS IS EQUAL TO THE AMOUNT OF AN ANNUAL DISTRIBUTION TO THE INSTITUTE CALCULATED BY W-GEM, L.P. IN ACCORDANCE WITH THE RULES OF ITS LIMITED PARTNERSHIP AGREEMENT. THE INSTITUTE PROVIDES AN ANNUAL REPORT ON THE USE OF THE GRANT FUNDS THAT INCLUDES PROGRAM DESCRIPTION AND COSTS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt038875060
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0188251
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt076104
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ZVULUN ELAZAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0264355
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS FORMED EXCLUSIVELY TO SUPPORT THE CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY ACTIVITIES OF THE WEIZMANN INSTITUTE OF SCIENCE ("INSTITUTE") BY MAKING GRANTS TO THE INSTITUTE AND INVESTING ENDOWMENT ASSETS FOR THE SOLE BENEFIT OF THE INSTITUTE. FORM 990, PART V, LINE 2A FORM W-3 THE ORGANIZATION DID NOT PAY ANY INDIVIDUALS DURING CALENDAR YEAR 2022. AS SUCH, THIS LINE IS 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE (THE 'COMMITTEE') OF THE BOARD OF DIRECTORS (THE 'BOARD') OF THE WEIZMANN CHAIRS AND SCHOLARSHIPS ENDOWMENT, INC. (THE ORGANIZATION') IS A STANDING COMMITTEE OF THE BOARD THAT WILL HAVE AND EXERCISE ALL POWER AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, EXCEPT THAT IT WILL NOT HAVE POWER AND AUTHORITY TO (A) FILL VACANCIES IN THE BOARD OR IN ANY COMMITTEE OF THE ORGANIZATION; OR (B) AMEND OR REPEAL THE ORGANIZATION'S BY-LAWS OR ADOPT NEW BY-LAWS FOR THE ORGANIZATION. THE COMMITTEE IS COMPRISED OF THREE OR MORE MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBER THE ORGANIZATION'S SOLE MEMBER IS THE INSTITUTE. THE INSTITUTE HAS THE POWER TO ELECT, APPOINT, AND REMOVE ANY DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE EXPLANATION IN LINE 6 ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE EXPLANANTION IN LINE 6 ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 REVIEW PROCESS THE AUDIT COMMITTEE OF THE ORGANIZATION REVIEWS THE FORM 990 PRIOR TO FILING. A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL BOARD DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONFLICT OF INTEREST POLICY COMPLIANCE THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN ITS BY-LAWS THAT REQUIRES EACH DIRECTOR, OFFICER, AND STAFF MEMBER TO FURNISH AN ANNUAL DISCLOSURE STATEMENT TO THE AUDIT COMMITTEE FOR REVIEW. EACH DIRECTOR, OFFICER, AND STAFF MEMBER ALSO RECEIVES AN ANNUALLY UPDATED CODE OF CONDUCT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EXECUTIVE COMPENSATION THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY EVALUATES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND REVIEWS AND RECOMMENDS COMPENSATION FOR THE EXECUTIVE DIRECTOR TO THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE IS COMPRISED OF THREE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DOCUMENTATION AVAILABLE TO PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS WERE AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COMPENSATION DURING CALENDAR YEAR 2023, THE ORGANIZATION DID NOT PAY ANY COMPENSATION. THE COMPENSATION REPORTED ON PART IX, LINE 5 IS THE FISCAL YEAR COMPENSATION PAID TO THE EXECUTIVE DIRECTOR BY AN UNRELATED TAX-EXEMPT ORGANIZATION. THIS COMPENSATION IS REPORTED ON PART VII, SECTION A AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1 AND PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6

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