THE ASME FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
THE ASME FOUNDATION INC (EIN 13-3372934)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-05-14
IRS object ID
201401349349305860
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-05-14T14:29:33-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN221478099EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11212 AVENUE OF THE AMERICASAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10036ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133372934EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE ASME FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlASMENameControl
Phone2027857393Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11828 L STREET NW NO 810AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code200365104ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDAVID WEBBERName
TitleTREASURERTitle
Phone2027857393Phone
Date Signed2014-05-13DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameTHOMAS LANNINGName
PTINP00851654PTIN
Phone2122970400Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMATTHEW SCHATZLENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11828 L STREET NW NO 810AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code200365104ZIPCode
FieldValueIRS element (for citing)
Gross Receipts3174831GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.ASME.ORG/ABOUT-ASME/ASME-FOUNDATIONWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1986YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionFUNDS AND DEVELOPS PROGRAMS THAT SUPPORT, CREATE, AND ADVANCE THE FIELD OF ENGINEERING.ActivityOrMissionDescription
Nbr Voting Members Governing Body10NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers60TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year605672ContributionsGrantsPriorYear
Contributions Grants Current Year1044829ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year1006007InvestmentIncomePriorYear
Investment Income Current Year1158149InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1611679TotalRevenuePriorYear
Total Revenue Current Year2202978TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year910200GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY799196GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year247715TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY194322TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year380707TotalFundrsngExpCurrentYear
Other Expense Prior Year1332933OtherExpensePriorYear
Other Expenses Current Year1766682OtherExpensesCurrentYear
Total Expenses Prior Year2490848TotalExpensesPriorYear
Total Expenses Current Year2760200TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-879169RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-557222RevenuesLessExpensesCY
Total Assets BOY22469751TotalAssetsBOY
Total Assets EOY22834389TotalAssetsEOY
Total Liabilities BOY481756TotalLiabilitiesBOY
Total Liabilities EOY471527TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY21987995NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY22362862NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionASME FOUNDATION, THROUGH THE GENEROUS SUPPORT OF THE ENGINEERING COMMUNITY, FUNDS PROGRAMS IN K-12 STEM EDUCATION, STUDENT AND EARLY CAREER DEVELOPMENT, ENGINEERING FOR GLOBAL DEVELOPMENT, AND PUBLIC POLICY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense379750Expense
Grants379750Grants
DescriptionASME FOUNDATION AWARDS SCHOLARSHIPS TO THE BRIGHTEST, AND MOST TALENTED, MECHANICAL ENGINEERING STUDENTS WHO HAVE A DEMONSTRATED FINANCIAL NEED, AND ARE ACTIVE IN ASME. IN 2013, WE AWARDED OVER $379,750 TO OVER 100 DESERVING STUDENTS. WE ARE COMMITTED TO CONTINUE OUR SUPPORT OF THE EDUCATION OF FUTURE ENGINEERING LEADERS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense419446Expense
Grants419446Grants
DescriptionIN 2013, THE FOUNDATION SUPPORTED 2 FEDERAL FELLOWS WHO SERVED IN THE EXECUTIVE AND LEGISLATIVE BRANCHES OF THE FEDERAL GOVERNMENT. THE FOUNDATION ALSO CONTRIBUTED $200,000 TO ASME'S FLAGSHIP HUMANITARIAN ENGINEERING PROGRAM. ENGINEERING FOR CHANGE (E4C).Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense74901Expense
DescriptionTHE FOUNDATION ANNUALLY SUPPORTS OUTSTANDING ACHIEVEMENTS AND CONTRIBUTIONS TO THE ART AND SCIENCE OF MECHANICAL ENGINEERING, AND THE RELATED ENGINEERING DISCIPLINES. IN 2013, THE ASME FOUNDATION SUPPORTED THE RECOGNITION OF ENGINEERING ACHIEVEMENT BY AWARDING OVER 80 MEDALS, PLAQUES AND CERTIFICATES TO WORTHY RECIPIENTS. THESE AWARDS INSPIRE CURRENT AND FUTURE ENGINEERS TO NEW HEIGHTS. THE RECIPIENTS EITHER EXHIBITED A LIFETIME OF ACHIEVEMENT IN SCIENCE AND ENGINEERING OR RECENTLY CELEBRATED A GREAT ACCOMPLISHMENT OR BREAKTHROUGH IN SCIENCE AND ENGINEERING.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense946427Expense
DescriptionASME FOUNDATION FUNDS PROGRAMS IN K12 SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM): UNIVERSITY STUDENT & EARLY CAREER DEVELOPMENT; GLOBAL DEVELOPMENT & HUMANITARIAN ENGINEERING; AND NONPARTISAN TECHNICALLY SOUND PUBLIC POLICY.Description
FieldValueIRS element (for citing)
Total Of Other Program Service Exp946427TotalOfOtherProgramServiceExp
Total Program Service Expense1820524TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising1ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members10NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledARStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledGAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledHIStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNCStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1THOMAS MEEHANBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9732442255TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line122 LAW DRIVEAddressLine1
CityFAIRFIELDCity
StateNJState
ZIP Code07007ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
DAVID WEBBER
TREASURER1.5040.00XX015201223016
HARRY ARMEN
DIRECTOR1.50X000
JAMES COAKER
DIRECTOR1.50X000
JOHN G VOELLER
DIRECTOR1.50X000
LORETTA C MCHUGH
DIRECTOR1.50X000
LYDEN F DAVIS PE
VICE CHAIRMAN1.50XX000
MARC GOLDSMITH
DIRECTOR1.00X000
SUSAN H SKEMP
CHAIRMAN5.00XX000
THOMAS LOUGHLIN
DIRECTOR1.5041.00X0576000286899
WARD O WINER
CHAIRMAN1.50XX000
DORA NAGY
SECRETARY40.00X05115710597
MATTHEW SCHATZLE
EXECUTIVE DIRECTOR40.00X017527526290
WILLIAM GAROFALO
ASSISTANT TREASURER1.0041.00X01159155425
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs1070359TotalReportableCompFrmRltdOrgs
Total Other Compensation352227TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Related Organizations145388RelatedOrganizations
All Other Contributions899441AllOtherContributions
Total Contributions1044829TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column629020TotalRevenueColumn
Exclusion$629,020ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities1500982Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities971853Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities529129Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column529129TotalRevenueColumn
Exclusion$529,129ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2202978TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,158,149ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total419446Total
Program Services419446ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total379750Total
Program Services379750ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total532681Total
Program Services290121ProgramServices
Management And General97151ManagementAndGeneral
Fundraising145409Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total111202Total
Management And General111202ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total14500Total
Management And General14500ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total194322Total
Fundraising194322Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total51531Total
Management And General51531ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total159424Total
Program Services122446ProgramServices
Management And General36978ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total78673Total
Program Services19752ProgramServices
Management And General58921ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total262078Total
Program Services195483ProgramServices
Management And General66595ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total67012Total
Program Services2450ProgramServices
Management And General55455ManagementAndGeneral
Fundraising9107Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total93423Total
Program Services52584ProgramServices
Management And General9862ManagementAndGeneral
Fundraising30977Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total54605Total
Program Services36177ProgramServices
Management And General18428ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
SPONSORSHIP19588717231723570
CERTIFICATES,PLAQUES,ME8348583485
OTHER412012553314776892
BAD DEBTS2098020980

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2760200Total
Program Services1820524ProgramServices
Management And General558969ManagementAndGeneral
Fundraising380707Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY124579BOY
EOY45739EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY368417BOY
EOY132265EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY92471BOY
EOY96710EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY43044BOY
EOY54020EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY674295BOY
EOY571815EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY194072BOY
EOY202003EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY20972873BOY
EOY21731837EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY22469751BOY
EOY22834389EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY481756BOY
EOY471527EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY481756BOY
EOY471527EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY7823624BOY
EOY7483550EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY8931942BOY
EOY9460222EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5232429BOY
EOY5419090EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY21987995BOY
EOY22362862EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY22469751BOY
EOY22834389EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-557222ReconcilationRevenueExpenses
Reconciliation Unrealized Invest932089ReconciliationUnrealizedInvest
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type2XSupportingOrg509a3Type2
Contrib By Controlling Individual0ContribByControllingIndividual
Contribution By Related Party0ContributionByRelatedParty
Contrib By35 Controlled Entity0ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE AMERICAN SOCIETY MECHANICALBusinessNameLine1
FieldValueIRS element (for citing)
EIN131623899EIN
Type Of Organization9TypeOfOrganization
Listed In Governing Doc1ListedInGoverningDoc
Supported Organization Notified1SupportedOrganizationNotified
Organized In US1OrganizedInUS
Amount$419,446Amount
FieldValueIRS element (for citing)
Total Number Of Supported Orgs1TotalNumberOfSupportedOrgs
Sum Of Amounts419446SumOfAmounts

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance18686630BeginningOfYearBalance
Contributions260576Contributions
Investment Earnings Or Losses1701179InvestmentEarningsOrLosses
Grants Or Scholarships1029376GrantsOrScholarships
End Of Year Balance19619009EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance18965757BeginningOfYearBalance
Contributions99835Contributions
Investment Earnings Or Losses360248InvestmentEarningsOrLosses
Grants Or Scholarships739210GrantsOrScholarships
End Of Year Balance18686630EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance16300228BeginningOfYearBalance
Contributions207855Contributions
Investment Earnings Or Losses2990159InvestmentEarningsOrLosses
Grants Or Scholarships304532GrantsOrScholarships
Other Expenditures190453OtherExpenditures
Administrative Expenses37500AdministrativeExpenses
End Of Year Balance18965757EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance14176235BeginningOfYearBalance
Contributions610063Contributions
Investment Earnings Or Losses1746001InvestmentEarningsOrLosses
Grants Or Scholarships221650GrantsOrScholarships
Other Expenditures10421OtherExpenditures
End Of Year Balance16300228EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance17264628BeginningOfYearBalance
Contributions476871Contributions
Investment Earnings Or Losses-2874438InvestmentEarningsOrLosses
Grants Or Scholarships346750GrantsOrScholarships
Other Expenditures344076OtherExpenditures
End Of Year Balance14176235EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.24160BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.27620PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.48220TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt3083536TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments932089NetUnrealizedGainsInvestments
Revenue Not Rptd F990932089RevenueNotRptdF990
Revenue Subtotal2151447RevenueSubtotal
Investment Expenses Not Included51531InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt51531RevenueNotRptdOnFinStmt
Total Revenue Per Form9902202978TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2708669TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal2708669ExpensesSubtotal
Investment Expenses Not Included251531InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt51531ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902760200TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:PART V, LINE 4:THE FOUNDATION USES ENDOWMENT FUNDS FOR SCHOLARSHIPS, ENGINEERING AWARDS, AND STUDENT FELLOWSHIPS. THE FOUNDATION ALSO USES ENDOWMENT FUNDS FOR INITIATIVES THAT ENCOURAGE MATH, SCIENCE AND ENGINEERING LITERACY, HOST ENGINEERING DESIGN COMPETITIONS FOR COLLEGE STUDENTS, AND FUND PROGRAMS THAT ENCOURAGE THE DEVELOPMENT OF SOUND PUBLIC POLICY.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X, LINE 2:THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEAR ENDED JUNE 30, 2010 AND PRIOR YEARS.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Phone SolicitationsXPhoneSolicitations
Agreement Ref Fundraising1AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeActivityActivityFundraiser Control Of FundsFundraiserControlOfFundsGross ReceiptsGrossReceiptsAmount Retained By ContractorAmountRetainedByContractorNet To OrganizationNetToOrganizationName Of IndividualNameOfIndividual
HARRIS CONNECT
1511 ROUTE 22 SUITE C-25BREWSTERNY10509MAIL AND PHONE FUNDRAISING SOLICITATIONS00101300-101300
(no name)
425 MASSACHUSETTS AVE NWWASHINGTONDC20001CONSULTANT DEVELOPING FUNDRAISING STRATEGY0093022-93022PETR SPURNEY JR
FieldValueIRS element (for citing)
Total Retained By Contractors194322TotalRetainedByContractors
Total Net To Organization-194322TotalNetToOrganization
Licensed StatesNYLicensedStates
Licensed StatesNJLicensedStates

Form990 Schedule G Part IV Form990ScheduleGPartIV

FieldValueIRS element (for citing)
IdentifierEXPLANATION OF FUNDRAISING PAYMENTSIdentifier
Return ReferenceSCHEDULE G, PART I, LINE 2B, COLUMN (V)ReturnReference
ExplanationPAYMENTS WERE MADE TO VARIOUS PROFESSIONAL FUNDRAISING TO HELP DEVELOP AND EXECUTE A FUNDRAISING STRATEGY FOR THE FOUNDATION.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SOCIETY OF MECHANICAL ENGINEERSBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1THREE PARK AVENUE 23RD FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100165990ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient131623899EINOfRecipient
IRC Section501(C)(3)IRCSection
Amount Of Cash Grant419446AmountOfCashGrant
Purpose Of Grant1) FEDERAL GOVERNMENT ASME FELLOW PROGRAM, 2)BEST PRACTICE HIGH SCHOOL DESIGN, 3) E-NANO LIBRARY TOOLS TOMORROW WORKFORCE, 4)MECHANICAL ENGINEERING EDUCATION 2028, 5)ASME HONORS AND AWARDS, 6) PRE-COLLEGE PARTNERSHIP/MIDDLE SCHOOL K-12 STEM 7)MECHANICAL ENGINEERING A-Z ENHANCEMENT.PurposeOfGrant
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
SCHOLARSHIPS36194000
AWARDS/HONORS66185750

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: THE ASME FOUNDATION AWARDS GRANTS TO THE PARENT ORGANIZATION, ASME. THERE ARE MANY DIFFERENT METHODS THAT THE ASME FOUNDATION UTILIZES TO MONITOR THE EFFECTIVE USE OF GRANT FUNDS. THERE IS A COMMITTEE OF VOLUNTEERS THAT PROVIDES OVERSIGHT IN EACH SECTOR WHERE A GRANT HAS BEEN AWARDED. THESE COMMITTEES HAVE STAFF AND VOLUNTEER EXPERTS IN THE FIELD WHERE THE GRANT FUNDS ARE BEING USED. WITH THE RESPECT TO THE FEDERAL FELLOW GRANTS, MEETINGS ARE HELD MONTHLY WITH ASME STAFF TO MONITOR THE PROGRESS OF THE PROGRAM. THE ASME FOUNDATION BOARD OF DIRECTORS ALSO RECEIVE REPORTS FROM ASME LEADERSHIP ON THE EFFECTIVENESS OF PROGRAMS THAT ARE SUPPORTED BY ASME FOUNDATION GRANTS. THE SCHOLARSHIPS ARE AWARDED TO STUDENT ONCE THEY MEET CERTAIN CRITERIA. THEY ARE GIVEN EITHER DIRECTLY TO STUDENT OR THE SCHOOL HE OR SHE ATTENDS. ONCE SCHOLARSHIP IS AWARDED THERE ARE NO PROCEDURES TO MONITOR THE USE OF GRANTS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
DAVID WEBBER
TREASURER015131000070207612015404017502800
THOMAS LOUGHLIN
DIRECTOR04629910108504045050259902026997086289900
MATTHEW SCHATZLE
EXECUTIVE DIRECTOR017471200056305432020858020156500

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11ASME REVIEW PROCESS IRS FORM 990: 1. COHNREZNICK PREPARES THE IRS FORM 990 AND PROVIDES AN ELECTRONIC COPY TO THE ASME FOUNDATION CHAIR, EXECUTIVE DIRECTOR, TREASURER AND THE BOARD, THIS OCCURS APPROXIMATELY THREE WEEKS PRIOR TO THE DATE REQUIRED FOR SUBMISSION TO THE IRS. 2. A TELEPHONE MEETING TO REVIEW THE FORM 990 IS ARRANGED BY THE ASME FOUNDATION EXECUTIVE DIRECTOR TO INCLUDE THE FOUNDATION OFFICERS AND THE ASME MANAGING DIRECTOR OF FINANCE. 3. THE FORM IS THEN DISTRIBUTED TO THE FULL ASME FOUNDATION BOARD OF DIRECTORS AT LEAST TWO WEEKS PRIOR TO THE REQUIRED SUBMISSION DATE TO THE IRS. 4. FORM 990 IS FILED WITH THE IRS ELECTRONICALLY.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST DISCLOSURE FORM IS REQUIRED TO BE COMPLETED BY THE ASME FOUNDATION BOARD MEMBERS ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION C, LINE 19THE ASME FOUNDATION INC. USES ITS FOUNDATION.ASME.ORG WEBSITE TO MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS INCLUDING THE BY-LAWS AND POLICIES AS WELL AS ITS ANNUAL REPORT WITH THE FINANCIAL STATEMENTS. PRINTED COPIES OF THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE SELECTION AND OVERSIGHT PROCESS DID NOT CHANGE FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrgBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
AMERICAN SOCIETY OF MECHANICAL ENGINEERS
TWO PARK AVENUENEW YORKNY10016131623899ENGINEERING ASSOCIATIONNY501(C)(3)LINE 9N/A0
ASME AUXILIARY INC
TWO PARK AVENUENEW YORKNY10016136128507ENGINEERING ASSOCIATIONNY501(C)(3)LINE 11B, II0AMERICAN SOCIETY OF MECHANICAL ENGINEERS
THE ASME MINING & EXCAVATION RESEARCH INSTITUTE
TWO PARK AVENUENEW YORKNY10016521582156ENGINEERING ASSOCIATIONNY501(C)(3)LINE 11B, II0AMERICAN SOCIETY OF MECHANICAL ENGINEERS
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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