The USISTF has been organized to operate exclusively for charitable and educational purposes, including, but not limited to, the following:
- To promote the advancement of science and technology for the benefit of the general public of the United States and Israel and to lessen the burdens of the governments of the U.S. and Israel in providing economic assistance to their economies, in coordination with the United States-Israel Science and Technology Commission (the “Commission”) established on January 18, 1994 by agreement of the U.S. and Israeli governments.
- To encourage scientific exchanges between research institutions in U.S. and Israel.
- To provide information and education materials to private and governmental organizations in the U.S. and Israel on the opportunities for mutually beneficial scientific and technical collaboration.
- To reduce barriers to bi-national cooperation and promote the exchange of information on scientific and technical matters between the U.S. and Israel by conducting outreach and matchmaking activities, establishing electronic databases and sponsoring events such as seminars and conferences.
- To foster the growth of competitive high technology industries in U.S. and Israel, so as to lessen the burdens of the U.S. government and the government of Israel.
- To receive funding from governmental and non-governmental organizations, including but not limited to the U.S. Department of Commerce and the Israeli Ministry of Economy, so as to support activities designed to achieve the purposes set forth.
- To support and cooperate with the Commission and other organizations engaged in promoting scientific and technical collaboration between the U.S. and Israel.