American Technion Society

American Technion Society

The American Technion Society was established in 1940 to channel private support to the Technion-Israel Institute of Technology. Michael Waxman-Lenz is chief executive; Steve Berger chairs the board and Mark Gaines serves as national president. The entity operates as a 501(c)(3) that raises funds and manages an endowment whose returns underwrite academic programs. ATS allocates across public securities, hedge funds, private equity, and venture vehicles. An 8.37 percent allocation to private equity is documented in internal records. Confirmed holdings include positions in Aleph Farms, Metabomed, and Mana.bio through the Technion Research & Development Foundation. Capital is deployed in both Israel and the United States, with additional exposure via the Jacobs Technion-Cornell Institute on Roosevelt Island. The organization maintains 51 professionals and regional offices in Chicago. It sponsors annual events including the 2024 Technion Centennial series in New York, Los Angeles, and Boston. Grant Thornton LLP has served as auditor since 2023. Adjacent vehicles include the American Society for Technion-Israel Institute of Technology, Inc. ATS maintains a direct relationship with the Technion Research & Development Foundation that channels capital into early-stage companies originating from Technion laboratories. This structure creates a closed loop between endowment returns and technology commercialization without an external fund-of-funds intermediary.