2025-05-14T14:57:56-05:00 2024-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2023-07-01 824889212 WEIZMANN CHAIRS AND SCHOLARSHIPS ENDOWMENT INC WEIZ 2128673083 10 EAST 40TH STREET 30TH FL NEW YORK NY 10016 AMY M WAGNER EXECUTIVE DIRECTOR 2128673083 2025-05-13 1 0 EVAN W SEEKAMP P01907071 2127589700 2023 2025-03-06 01:10:19Z X AMY M WAGNER 10 EAST 40TH STREET 30TH FL NEW YORK NY 10016 41156448 0 X HTTPS://WWW.WEIZMANN-USA.ORG/ X 2017 DE THE ORGANIZATION BENEFITS THE WEIZMANN INSTITUTE OF SCIENCE ("INSTITUTE"). SEE SCHEDULE O. 9 7 0 9 -863829 0 0 0 0 0 16602041 45646642 0 0 16602041 45646642 37228055 38875060 0 0 70189 48532 0 0 0 72911 181282 37371155 39104874 -20769114 6541768 852538393 897499602 9473093 9925744 843065300 887573858 THE ORGANIZATION WAS FORMED EXCLUSIVELY TO SUPPORT THE CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY ACTIVITIES OF THE WEIZMANN INSTITUTE OF SCIENCE ("INSTITUTE"); SEE SCHEDULE O. 0 0 38875060 38875060 INSTITUTE SUPPORT: THE ORGANIZATION MAKES GRANTS TO THE INSTITUTE IN SUPPORT OF THE INSTITUTE'S CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY ACTIVITIES, PARTICULARLY, BUT NOT EXCLUSIVELY, TO FUND PROFESSIONAL CHAIRS. SEE SCHEDULE O FOR MORE INFORMATION. 38875060 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X AMY M WAGNER 2128673083 10 EAST 40TH ST 30TH FL NEW YORK NY 10016 X ZVULUN ELAZAR DIRECTOR 1.00 40.00 X 0 264355 0 HAIM HARARI DIRECTOR 1.00 1.00 X 0 1084 0 DANIEL HIRSCH CHAIR & DIRECTOR 1.00 0.00 X X 0 0 0 CATHERINE BECK DIRECTOR (THRU 05/2024) 1.00 1.00 X 0 0 0 DORON COHEN DIRECTOR 1.00 1.00 X 0 0 0 JULIAN DWEK DIRECTOR 1.00 1.00 X 0 0 0 MARIO FLECK DIRECTOR (START 07/2023) 1.00 1.00 X 0 0 0 LEON GOULD DIRECTOR 1.00 0.00 X 0 0 0 STEVEN ROMICK DIRECTOR 1.00 1.00 X 0 0 0 ERIC STUPP DIRECTOR 1.00 1.00 X 0 0 0 AMY WAGNER EXEC. DIRECTOR & SECRETARY 10.00 0.00 X 0 43000 3944 0 308439 3944 0 0 1 0 0 2515624 -863829 3379453 38640824 -4490194 43131018 43131018 43131018 45646642 0 -863829 46510471 38875060 38875060 48532 48532 118700 118700 13277 13277 UBIT EXPENSE 49267 49267 38 38 39104874 38875060 229814 0 11399 852526994 897499602 852538393 897499602 166080 206977 9307013 9718767 9473093 9925744 X 843065300 887573858 843065300 887573858 852538393 897499602 6541768 37966790 0 X 0 1 X 1 0 X X 1 THE WEIZMANN INSTITUTE OF SCIENCE 980413360 7 1 38875060 0 1 38875060 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 842294559 44737372 887032931 831430898 10863661 842294559 936655983 -105225085 831430898 728343486 208312497 936655983 723088227 8147415 2892156 728343486 1.00000 0 0 0 W-GEM, L.P. 897499602 F 897499602 DUE TO AFFILIATE 9718767 9718767 X 83613432 37966790 37966790 45646642 0 45646642 39104874 0 39104874 0 39104874 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. 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING SCIENTIFIC RESEARCH 38875060 0 0 0 0 0 0 38875060 0 38875060 MIDDLE EAST/NORTH AFRICA SCIENTIFIC RESEARCH 38875060 TRANSFER 0 FMV 1 1 0 1 1 1 0 PART I, LINE 2 THE 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. 0 0 0 0 0 0 0 0 0 ZVULUN ELAZAR DIRECTOR 0 188251 0 0 0 76104 0 0 0 0 0 264355 0 0 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. 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. WEIZMANN INSTITUTE OF SCIENCE PO BOX 26 REHOVOT IS 7610001 980413360 RESEARCH IS 7 501(C)(3) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 WEIZMANN INSTITUTE OF SCIENCE B 38875060 FMV WEIZMANN GLOBAL ENDOWMENT 405 LEXINGTON AVENUE NEW YORK NY 10174 030498579 INVESTMENT MGMT NY EXCLUDED 0 8826606 718070230 0 -885493 0 0.19300