2014-05-14T14:29:33-05:00 2013-06-30 221478099 COHNREZNICK LLP 1212 AVENUE OF THE AMERICAS NEW YORK NY 10036 990 2012-07-01 133372934 THE ASME FOUNDATION INC ASME 2027857393 1828 L STREET NW NO 810 WASHINGTON DC 200365104 DAVID WEBBER 2027857393 2014-05-13 1 THOMAS LANNING P00851654 2122970400 2012 2015-11-30 17:44:51Z MATTHEW SCHATZLE 1828 L STREET NW NO 810 WASHINGTON DC 200365104 3174831 0 X WWW.ASME.ORG/ABOUT-ASME/ASME-FOUNDATION X 1986 NY FUNDS AND DEVELOPS PROGRAMS THAT SUPPORT, CREATE, AND ADVANCE THE FIELD OF ENGINEERING. 10 8 0 60 0 0 605672 1044829 0 0 1006007 1158149 0 0 1611679 2202978 910200 799196 0 0 0 0 247715 194322 380707 1332933 1766682 2490848 2760200 -879169 -557222 22469751 22834389 481756 471527 21987995 22362862 X ASME 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. 0 0 379750 379750 ASME 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. 419446 419446 IN 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). 74901 THE 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. 946427 ASME 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. 946427 1820524 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NJ NY AR GA HI MD NC X THOMAS MEEHAN 9732442255 22 LAW DRIVE FAIRFIELD NJ 07007 DAVID WEBBER 1.50 40.00 X X 0 152012 23016 HARRY ARMEN 1.50 X 0 0 0 JAMES COAKER 1.50 X 0 0 0 JOHN G VOELLER 1.50 X 0 0 0 LORETTA C MCHUGH 1.50 X 0 0 0 LYDEN F DAVIS PE 1.50 X X 0 0 0 MARC GOLDSMITH 1.00 X 0 0 0 SUSAN H SKEMP 5.00 X X 0 0 0 THOMAS LOUGHLIN 1.50 41.00 X 0 576000 286899 WARD O WINER 1.50 X X 0 0 0 DORA NAGY 40.00 X 0 51157 10597 MATTHEW SCHATZLE 40.00 X 0 175275 26290 WILLIAM GAROFALO 1.00 41.00 X 0 115915 5425 0 1070359 352227 0 0 1 0 0 145388 899441 1044829 629020 629020 1500982 971853 529129 529129 529129 2202978 0 0 1158149 419446 419446 379750 379750 532681 290121 97151 145409 111202 111202 14500 14500 194322 194322 51531 51531 159424 122446 36978 78673 19752 58921 262078 195483 66595 67012 2450 55455 9107 93423 52584 9862 30977 54605 36177 18428 SPONSORSHIP 195887 172317 23570 CERTIFICATES,PLAQUES,ME 83485 83485 OTHER 41201 25533 14776 892 BAD DEBTS 20980 20980 2760200 1820524 558969 380707 124579 45739 368417 132265 92471 96710 43044 54020 674295 571815 194072 202003 20972873 21731837 22469751 22834389 481756 471527 481756 471527 X 7823624 7483550 8931942 9460222 5232429 5419090 21987995 22362862 22469751 22834389 -557222 932089 0 X X 0 1 X 1 0 X X 0 0 0 THE AMERICAN SOCIETY MECHANICAL 131623899 9 1 1 1 419446 1 419446 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18686630 260576 1701179 1029376 19619009 18965757 99835 360248 739210 18686630 16300228 207855 2990159 304532 190453 37500 18965757 14176235 610063 1746001 221650 10421 16300228 17264628 476871 -2874438 346750 344076 14176235 0.24160 0.27620 0.48220 0 0 0 X 3083536 932089 932089 2151447 51531 51531 2202978 2708669 0 2708669 51531 51531 2760200 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. X X X 1 HARRIS CONNECT 1511 ROUTE 22 SUITE C-25 BREWSTER NY 10509 MAIL AND PHONE FUNDRAISING SOLICITATIONS 0 0 101300 -101300 PETR SPURNEY JR 425 MASSACHUSETTS AVE NW WASHINGTON DC 20001 CONSULTANT DEVELOPING FUNDRAISING STRATEGY 0 0 93022 -93022 194322 -194322 NY NJ EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS WERE MADE TO VARIOUS PROFESSIONAL FUNDRAISING TO HELP DEVELOP AND EXECUTE A FUNDRAISING STRATEGY FOR THE FOUNDATION. 1 AMERICAN SOCIETY OF MECHANICAL ENGINEERS THREE PARK AVENUE 23RD FLOOR NEW YORK NY 100165990 131623899 501(C)(3) 419446 1) 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. 1 SCHOLARSHIPS 36 194000 AWARDS/HONORS 66 185750 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE 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. 0 0 0 0 0 0 0 0 0 DAVID WEBBER 0 151310 0 0 0 702 0 7612 0 15404 0 175028 0 0 THOMAS LOUGHLIN 0 462991 0 108504 0 4505 0 259902 0 26997 0 862899 0 0 MATTHEW SCHATZLE 0 174712 0 0 0 563 0 5432 0 20858 0 201565 0 0 FORM 990, PART VI, SECTION B, LINE 11 ASME 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 12C THE 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 19 THE 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. AMERICAN SOCIETY OF MECHANICAL ENGINEERS TWO PARK AVENUE NEW YORK NY 10016 131623899 ENGINEERING ASSOCIATION NY 501(C)(3) LINE 9 N/A 0 ASME AUXILIARY INC TWO PARK AVENUE NEW YORK NY 10016 136128507 ENGINEERING ASSOCIATION NY 501(C)(3) LINE 11B, II AMERICAN SOCIETY OF MECHANICAL ENGINEERS 0 THE ASME MINING & EXCAVATION RESEARCH INSTITUTE TWO PARK AVENUE NEW YORK NY 10016 521582156 ENGINEERING ASSOCIATION NY 501(C)(3) LINE 11B, II AMERICAN SOCIETY OF MECHANICAL ENGINEERS 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0