2013-09-05T12:50:36-05:00 2012-12-31 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2012-01-01 237284092 NATIONAL ACADEMY OF ENGINEERING FUND NATI 2023342281 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20001 C D MOTE JR 2023342281 2013-09-04 1 WILLIAM E TURCO CPA P00369217 3012963600 2012 2016-02-24 21:20:13Z C D MOTE JR 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20001 35357760 0 X WWW.NAE.EDU X 1973 DC NATIONAL ACADEMY OF ENGINEERING FUND (NAEF) SUPPORTS THE ACTIVITIES OF (SEE SCHEDULE O)THE NATIONAL ACADEMY OF ENGINEERING (NAE). 18 13 0 20 0 18983 4428591 5524332 102445 110865 2235477 1192817 0 0 6766513 6828014 4841531 5885178 0 0 0 0 0 0 856313 1946149 1815829 6787680 7701007 -21167 -872993 60896887 64685275 641972 1147645 60254915 63537630 X NAEF SUPPORTS THE ACTIVITIES OF THE NATIONAL ACADEMY OF ENGINEERING (NAE). NAE OPERATES WITHIN THE CHARTER AND FRAMEWORK OF THE NATIONAL ACADEMY OF SCIENCES (NAS) AND ADVISES THE FEDERAL GOVERNMENT ON MATTERS OF SCIENCE AND TECHNOLOGY. NAE ALSO SPONSORS ENGINEERING PROGRAMS AIMED AT MEETING NATIONAL NEEDS, ENCOURAGES EDUCATION AND RESEARCH, AND RECOGNIZES THE SUPERIOR ACHIEVEMENTS OF ENGINEERS. 0 0 3423647 3423647 NAE PROGRAMS THAT ADDRESS RELEVANT ISSUES IN ENGINEERING FIELD INCLUDING, BUT NOT LIMITED TO, EDUCATION, ENGINEERING PRACTICE, AND THE ENGINEERING WORKFORCE, ENGINEERING AND THE ENVIRONMENT, ENGINEERING, THE ECONOMY, AND SOCIETY, INFORMATION TECHNOLOGY AND SOCIETY, NATIONAL SECURITY AND CRIME PREVENTION, AND PUBLIC POLICY AND PROGRAM REVIEWS. 1825597 1825597 NAE PRESENTS FIVE AWARDS THE CHARLES STARK DRAPER PRIZE, THE FRITZ L & DOLORES H RUSS PRIZE, THE BERNARD M GORDON PRIZE FOR INNOVATION IN ENGINEERING AND TECH EDUCATION, THE ARTHUR M BUECHE AWARD & THE SIMON RAMO FOUNDERS AWARD. ACTIVITIES INCLUDE SOLICITING NOMINATIONS,SELECTION OF THE RECIPIENTS, ANNOUNCEMENT OF THE RECIPIENTS & PRESENTATION OF THE PRIZES. 398083 398083 110865 NAE MEMBER PROGRAMS:ORGANIZATION AND ADMINISTRATION OF THE ANNUAL MEETING AND PUBLICATION OF NAE MEMORIAL TRIBUTES. 237851 237851 SUPPORT FOR NRC AND NAS 237851 237851 5885178 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 18 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X MARY RESCH DIRECTOR OF FINANCE 2023342281 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20001 MR CHARLES O HOLLIDAY JR 1.00 X X 0 0 0 DR CHARLES M VEST 1.00 39.00 X X 0 698441 120562 DR MAXINE L SAVITZ 1.00 X X 0 68104 0 DR C D DAN MOTE JR 1.00 X X 0 54483 0 DR THOMAS F BUDINGER 1.00 X X 0 54483 0 DR VENKATESH NARAYANAMURTI 1.00 X X 0 54483 0 DR LINDA M ABRIOLA 1.00 X 0 0 0 DR ALICE M AGOGINO 1.00 X 0 0 0 DR CORALE L BRIERLEY 1.00 X 0 0 0 MR PAUL CITRON 1.00 X 0 0 0 DR G WAYNE CLOUGH 1.00 X 0 0 0 DR RUTH A DAVID 1.00 X 0 0 0 DR CHARLES ELACHI 1.00 X 0 0 0 DR IRWIN M JACOBS 1.00 X 0 0 0 DR ANITA K JONES 1.00 X 0 0 0 DR RICHARD A MESERVE 1.00 X 0 0 0 DR JULIA M PHILLIPS 1.00 X 0 0 0 DR ROBERT F SPROULL 1.00 X 0 0 0 DR ARNOLD F STANCELL 1.00 X 0 0 0 ADMIRAL RICHARD H TRULY 1.00 X 0 0 0 DR PAUL R GRAY 1.00 X 0 0 0 0 929994 120562 0 0 1 0 0 10000 244180 5270152 70429 5524332 NAE ANNUAL MEETING REG 900099 110865 110865 110865 344716 344716 29373598 28525497 848101 848101 848101 4249 4249 0 6828014 110865 0 1192817 5301157 5301157 334021 334021 250000 250000 348326 348326 TAXES 38101 38101 REIMBURSED EXPENSES 1423353 567040 856313 CREDIT CARD FEES 9840 9840 OTHER EXPENSES 458 458 -4249 -4249 7701007 5885178 959516 856313 532735 9885244 296698 1123534 1321129 51676 23505 3052 73342 59609357 11049364 40689315 403369 519842 60896887 64685275 641972 1147645 641972 1147645 X 22597682 24620450 8447916 9207863 29209317 29709317 60254915 63537630 60896887 64685275 -872993 4155708 0 X 0 1 X 1 0 X X 0 0 0 NATIONAL ACADEMY OF SCIENCES 530196932 7 1 1 1 7701007 1 7701007 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27842765 500000 2597061 1097147 29842679 29536147 -38781 1000000 654601 27842765 27363750 21673 2600795 450071 29536147 25447289 66387 3217640 1000000 367566 27363750 37481418 73376 -10731780 1000000 375725 25447289 0.94330 0.05670 0 0 0 ALTERNATIVE INVESTMENT 40689315 F 40689315 X 6832263 0 6832263 -4249 -4249 6828014 7705256 4249 4249 7701007 0 7701007 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENTS EXIST TO FUND THE ACTIVITIES OF THE NATIONAL ACADEMY OF ENGINEERING. THE ENDOWMENT FUNDS FACILITATE PROGRAMS THAT ADDRESS RELEVANT ISSUES IN THE ENGINEERING FIELD AND ALSO FUND THE DRAPER AND GORDON PRIZES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FUND IS INCORPORATED UNDER THE DISTRICT OF COLUMBIA NON-PROFIT CORPORATION ACT AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FUND HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION. THE FUND IS REQUIRED TO REMIT INCOME TAXES TO THE FEDERAL GOVERNMENT AND THE DISTRICT OF COLUMBIA FOR UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011, THERE WAS UNRELATED BUSINESS INCOME OF $18,983 AND $110,975, RESPECTIVELY. THE FUND COMPLIES WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FUND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION, ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THE FUND HAD NO SUCH POSITIONS RECORDED IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2012 AND 2011. GENERALLY, THE FUND IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX POSITIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII LINE 10B -4,249. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII LINE 10B 4,249. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 250000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 17100000 0 0 0 0 0 0 17350000 0 17350000 2012 CHARLES STARK DRAPER PRIZE EUROPE (INCLUDING ICELAND & GREENLAND) 2 250000 CHECK 1 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: GRANTS ARE FOR AWARDS GIVEN FOR VARIOUS ENGINEERING ACHIEVEMENTS. EACH AWARD HAS ITS OWN CRITERIA, NOMINATING FORM (WHICH IS ON THE WEBSITE), AND SELECTION COMMITTEE. THE COMMITTEE MEETS SEVERAL TIMES AND REVIEWS THE NOMINATIONS AND MAKES THE FINAL DECISION. 1 ESTATE OF T PETER BRODY 6685 SW CANYON DRIVE PORTLAND OR 97225 456497523 125000 16058 FMV GOLD MEDAL 2012 CHARLES STARK DRAPER PRIZE HARVEY MUDD COLLEGE 301 PLATT BOULEVARD CLAREMONT CA 91711 951911219 501(C)(3) 350000 2012 BERNARD M. GORDON PRIZE NATIONAL ACADEMY OF SCIENCES 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20001 530196932 501(C)(3) 4810099 PROGRAM EXPENSE REIMBURSEMENTS 2 1 2012 CHARLES STARK DRAPER PRIZE 1 125000 15835 FMV GOLD MEDAL 2012 BERNARD M. GORDON PRIZE 3 150000 43185 FMV GOLD MEDAL PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANT TO THE NAS IS TO SUPPORT THE PROGRAMS AND ACTIVITIES OF THE NAE, AS WELL AS SUPPORT FOR CERTAIN PROGRAMS OF THE NAS AND NATIONAL RESEARCH COUNCIL. EXPENSES ARE MONITORED AND REVIEWED ON A MONTHLY BASIS AS WELL AS BEING RECONCILED BY BOTH CORPORATIONS AT THE END OF THE YEAR. ADDITIONALLY BOTH CORPORATIONS HAVE EXTERNAL AUDITORS AND THE NAS HAS INTERNAL AND DCAA AUDITORS ON THE PREMISE DURING THE YEAR. AII OTHER GRANTS ARE FOR AWARDS GIVEN FOR VARIOUS ENGINEERING ACHIEVEMENTS. EACH AWARD HAS ITS OWN CRITERIA, NOMINATING FORM (WHICH IS ON THE WEBSITE), AND SELECTION COMMITTEE. THE COMMITTEE MEETS SEVERAL TIMES AND REVIEWS THE NOMINATIONS AND MAKES THE FINAL DECISION. 0 0 0 0 0 0 0 0 0 DR CHARLES M VEST 0 618300 0 0 0 80141 0 46200 0 74362 0 819003 0 0 PART I, LINE 8 SCH J SUPPLEMENTAL INFO PART III THE NATIONAL ACADEMY OF ENGINEERING FUND DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS. ALL OFFICERS SERVE ON THE FUND'S BOARD WITHOUT COMPENSATION. ALL COMPENSATION SHOWN IN PART VII OF THE FORM 990, AND SCHEDULE J, PAGE 2, PART II, IS PAID BY A RELATED ORGANIZATION OF THE FUND, THE NATIONAL ACADEMY OF SCIENCES (NAS). THE COMPENSATION POLICY OF NAS IS AS FOLLOWS: THE COMPENSATION POLICY OF NAS AS IT RELATED TO NAEF PROVIDES THAT COMPENSATION DECISIONS FOR THE NAE PRESIDENT, A DISQUALIFIED PERSON AS DEFINED IN IRC SECTION 4958, IS MADE ANNUALLY BY THE NAS EXECUTIVE COMPENSATION COMMITTEE COMPOSED OF INDEPENDENT DIRECTORS ON THE BASIS COMPATIBILITY DATA, AND THERE IS A RECORD OF ITS DELIBERATIONS AND DECISIONS. X 2 70429 FMV 0 1 0 ESTIMATED UNRELATED BUSINESS TAXABLE INCOME FORM 990, PART I, LINE 7B THE FORM 990-T FOR THE ORGANIZATION HAS NOT YET BEEN FILED WITH THE INTERNAL REVENUE SERVICE. THE AMOUNT PRESENTED ON FORM 990, PAGE 1, PART I, LINE 7B OF $18,983 IS AN ESTIMATE OF THE TAXABLE INCOME THAT WILL BE REPORTED ON THE FORM 990-T WHEN IT IS PREPARED FOR FILING. THE ESTIMATE WAS PROVIDED BY THE ENTITY THAT GENERATES THE UNRELATED BUSINESS TAXABLE INCOME OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF FINANCE, PRESIDENT AND NAS OFFICE OF GENERAL COUNSEL REVIEW A DRAFT FORM 990 AND DISCUSS QUESTIONS WITH THEIR EXTERNAL ACCOUNTANTS PRIOR TO FINALIZING THE RETURN. THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR OFFICERS AND TRUSTEES ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST FORM AND PARTICIPATE IN A BOARD DISCUSSION OF THE NAEF CONFLICT OF INTEREST POLICY AND ANY POTENTIAL CONFLICTS OF AN INDIVIDUAL OFFICERS AND TRUSTEES. IF THERE WAS EVER A CONFLICT, THE BOARD MEMBER WOULD RECUSE HIMSELF. FORM 990, PART VI, SECTION C, LINE 19 AN ANNUAL REPORT CONTAINING THE FINANCIAL STATEMENTS IS POSTED TO THE NAE WEBSITE AND IS MAILED TO THE NAE MEMBERSHIP. THE DEVELOPMENT OFFICE USES IT WHEN FUNDRAISING. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. VOTING MEMBER COUNT FORM 990, PART VI, LINES 1A AND 1B TOTAL VOTING BOARDMEMBERS AT THE END OF THE WAS 18. BOARD TERMS END ON 06/30 AND TERMS BEGIN ON 07/01. NATIONAL ACADEMY OF SCIENCES 2101 CONSTITUTION AVENUE NW WASHIGTON DC 20418 530196932 SCIENCE ADVISORY SERVICE DC 501(C)(3) LINE 7 N/A 0 THE NATIONAL ACADEMIES CORPORATION 100 ACADEMY DRIVE IRVINE CA 92617 942994279 CONFERENCE CENTER CA 501(C)(3) LINE 11A, I N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0