THE ASME FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE ASME FOUNDATION INC (EIN 13-3372934)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-05-14
IRS object ID
201341349349303439
Schema version
2011v1.5
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)
Timestamp2013-05-14T12:54:42-05:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

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 6TH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10036ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

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)
NameMATTHEW SCHATZLEName
TitleEXECUTIVE DIRECTORTitle
Phone2027857393Phone
Date Signed2013-05-10DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameTHOMAS LANNINGName
PTINP00851654PTIN
Phone2122970400Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

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 Receipts8322175GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteHTTP://WWW.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 Body11NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers60TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year385683ContributionsGrantsPriorYear
Contributions Grants Current Year605672ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year935192InvestmentIncomePriorYear
Investment Income Current Year1006007InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1320875TotalRevenuePriorYear
Total Revenue Current Year1611679TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year367032GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY910200GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY247715TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year383790TotalFundrsngExpCurrentYear
Other Expense Prior Year434917OtherExpensePriorYear
Other Expenses Current Year1332933OtherExpensesCurrentYear
Total Expenses Prior Year801949TotalExpensesPriorYear
Total Expenses Current Year2490848TotalExpensesCurrentYear
Revenues Less Expenses Prior Year518926RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-879169RevenuesLessExpensesCY
Total Assets BOY23782816TotalAssetsBOY
Total Assets EOY22469751TotalAssetsEOY
Total Liabilities BOY353495TotalLiabilitiesBOY
Total Liabilities EOY481756TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY23429321NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY21987995NetAssetsOrFundBalancesEOY
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
Expense410752Expense
Grants410752Grants
DescriptionASME FOUNDATION ANNUALLY SUPPORTS OUTSTANDING ACHIEVEMENTS AND CONTRIBUTIONS TO THE ART AND SCIENCE OF MECHANICAL ENGINEERING, AND THE RELATED ENGINEERING DISCIPLINES. THE FOUNDATION AWARDS SCHOLARSHIPS TO THE BRIGHTEST, AND MOST TALENTED, MECHANICAL ENGINEERING STUDENTS WHO HAVE A DEMONSTRATED FINANCIAL NEED, AND ARE ACTIVE IN ASME. IN 2012, WE AWARDED OVER $170,000 TO 61 STUDENTS. WE ARE COMMITTED TO CONTINUE OUR SUPPORT OF THE EDUCATION OF FUTURE ENGINEERING LEADERS. IN ADDITION, THE HIGHLY RESPECTED HONORS & AWARDS PROGRAM AT ASME ALLOWS THE PUBLIC TO WITNESS THE VITAL ROLE OF THE ENGINEER IN TODAY'S MODERN SOCIETY. IN 2012, WE AWARDED OVER 70 AWARDS AND HONORS TO ENGINEERS FROM ACADEMIA, INDUSTRY, AND GOVERNMENT.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense499448Expense
Grants499448Grants
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. IN 2012, THE FOUNDATION SUPPORTED 10 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)
Expense83912Expense
DescriptionASME FOUNDATION SUPPORTED THE RECOGNITION OF ENGINEERING ACHIEVEMENT BY AWARDING OVER 200 MEDALS, PLAQUES AND CERTIFICATES TO WORTHY RECIPIENTS. THESE AWARDS INSPIRE CURRENT AND FUTURE ENGINEERS TO NEW HEIGHTS.THE RECIPIENTS EITHER EXHIBITED A LIFETIME OF ACHIEVMENT IN SCIENCE AND ENGINEERING OR RECENTLY CELEBRATED A GREAT ACCOMPLISHMENT OR A BREAKTHROUGH IN SCIENCE AND ENGINEERING.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense432756Expense
DescriptionIN 2012, ASME FOUNDATION SUPPORTED THE EXPANSION AND GROWTH OF ASME INTO MANY NEW AND IMPORTANT AREAS. FOUNDATION SUPPORT AND RESOURCES ALLOWED ASME TO ENGAGE NEW AUDIENCES AND ACTIVATE NEW CONSTITUENTS WITHIN OUR ASME MEMBERSHIP BASE. SUPPORT ALLOWED THE STAFF TO TRAVEL TO IMPORTANT CONFERENCES AND TO ENGAGE IN A COMPREHENSIVE STRATEGIC PLANNING PROCESS THAT IDENTIFIED KEY AREAS WHERE THE FOUNDATION AND ASME CAN HAVE STRONG AND IMPORTANT IMPACT.Description
FieldValueIRS element (for citing)
Total Of Other Program Service Exp432756TotalOfOtherProgramServiceExp
Total Program Service Expense1426868TotalProgramServiceExpense
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
Transaction Related Entity0TransactionRelatedEntity
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 Members11NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
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
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1JOHN DYS ACCOUNTING MANAGERBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9732442247TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1ASME FOUNDATION 22 LAW DRIVEAddressLine1
CityFAIRFIELDCity
StateNJState
ZIP Code07004ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerFormerFormer
CHARLA WISE
DIRECTOR1.50X000
HARRY ARMEN
DIRECTOR1.50X000
JAMES COAKER
DIRECTOR1.50X000
JOHN VOELLER
DIRECTOR1.50X000
LORETTA C MCHUGH
DIRECTOR1.50X000
LYDEN F DAVIS PE
DIRECTOR1.50X000
MARC W GOLDSMITH
DIRECTOR1.50X000
MICHAEL K WEISS
TREASURER0.50X0344606122442X
SUSAN H SKEMP
VICE CHAIRMAN:5.00X000X
THOMAS LOUGHLIN
DIRECTOR0.50X0526039318398
THOMAS PESTORIUS
DIRECTOR1.50X000
DORA NAGY
SECRETARY40.000458557542X
MATTHEW SCHATZLE
EXECUTIVE DIRECTOR40.00019521325192X
JUDITH KEARNEY
FORMER SECRETARY40.000425541231X
WARREN LEONARD
FORMER EXECUTIVE DIRECTOR40.000185060149071X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs1339327TotalReportableCompFrmRltdOrgs
Total Other Compensation623876TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed1FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Related Organizations39000RelatedOrganizations
All Other Contributions566672AllOtherContributions
Total Contributions605672TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column650701TotalRevenueColumn
Exclusion$650,701ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities7065802Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities6710496Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities355306Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column355306TotalRevenueColumn
Exclusion$355,306ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1611679TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,006,007ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total499448Total
Program Services499448ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total410752Total
Program Services410752ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total307946Total
Program Services230958ProgramServices
Management And General30796ManagementAndGeneral
Fundraising46192Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total26270Total
Management And General26270ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total19605Total
Management And General14000ManagementAndGeneral
Fundraising5605Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total247715Total
Fundraising247715Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total47655Total
Management And General47655ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total270439Total
Program Services33074ProgramServices
Management And General234115ManagementAndGeneral
Fundraising3250Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total34746Total
Program Services10000ProgramServices
Management And General24746ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total275359Total
Program Services14838ProgramServices
Management And General243774ManagementAndGeneral
Fundraising16747Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total46634Total
Program Services2000ProgramServices
Management And General558ManagementAndGeneral
Fundraising44076Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total68775Total
Program Services27592ProgramServices
Management And General21142ManagementAndGeneral
Fundraising20041Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total31204Total
Management And General31204ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
CERTIFICATES,PLAQUES,ME8420283912290
SPONSORSHIP7250072500
BAD DEBTS2741427414
OTHER20184143805640164

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2490848Total
Program Services1426868ProgramServices
Management And General680190ManagementAndGeneral
Fundraising383790Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY44060BOY
EOY124579EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY605542BOY
EOY368417EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY54650BOY
EOY92471EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY7718BOY
EOY43044EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY890388BOY
EOY674295EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY162320BOY
EOY194072EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY22018138BOY
EOY20972873EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY23782816BOY
EOY22469751EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY353495BOY
EOY481756EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY353495BOY
EOY481756EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY9150132BOY
EOY7823624EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY9147097BOY
EOY8931942EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5132092BOY
EOY5232429EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY23429321BOY
EOY21987995EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY23782816BOY
EOY22469751EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-879169ReconcilationRevenueExpenses
Reconcilation Other Changes-562157ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
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$499,448Amount
FieldValueIRS element (for citing)
Total Number Of Supported Orgs1TotalNumberOfSupportedOrgs
Sum Of Amounts499448SumOfAmounts

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 Balance18965757BeginningOfYearBalance
Contributions99835Contributions
Investment Earnings Or Losses360248InvestmentEarningsOrLosses
Grants Or Scholarships739210GrantsOrScholarships
End Of Year Balance18686630EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

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 Minus2 Years CurrentYearMinus2Years

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

Current Year Minus3 Years CurrentYearMinus3Years

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 Balance0.24210BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.28010PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.47780TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings
Total Revenue1611679TotalRevenue
Total Expenses2490848TotalExpenses
Excess Or Deficit For Year-879169ExcessOrDeficitForYear
Net Unrealized GL On Investments-562157NetUnrealizedGLOnInvestments
Total Adjustments-562157TotalAdjustments
Excess Or Deficit Per FS-1441326ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt1001867TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-562157NetUnrealizedGainsInvestments
Revenue Not Rptd F990-562157RevenueNotRptdF990
Revenue Subtotal1564024RevenueSubtotal
Investment Expenses Not Included47655InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt47655RevenueNotRptdOnFinStmt
Total Revenue Per Form9901611679TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2443193TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal2443193ExpensesSubtotal
Investment Expenses Not Included247655InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt47655ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902490848TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (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:THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012 AND 2011 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, 2009 AND PRIOR YEARS.

Schedule G IRS990ScheduleG

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

Fundraiser Activity Information FundraiserActivityInformation (6 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeActivityActivityFundraiser Control Of FundsFundraiserControlOfFundsGross ReceiptsGrossReceiptsAmount Retained By ContractorAmountRetainedByContractorNet To OrganizationNetToOrganizationName Of IndividualNameOfIndividual
CAMPBELL & COMPANY
ONE EAST WACKER DR SUITE 3350CHICAGOIL60601COUNSEL FUNDRAISING0028832-28832
GM MANAGEMENT LLC
8213 JUMPERS HOLE RDMILLERSVILLEMD21108MARKETING DEVELOPING FUNDRAISING STRATEGY0036778-36778
HARRIS CONNECT
1511 ROUTE 22 SUITE C-25BREWSTERNY10509MAIL AND PHONE FUNDRAISING SOLICITATIONS0097450-97450
(no name)
501 CLARA AVE 702ST LOUSMO63112CONSULTANT DEVELOPING FUNDRAISING STRATEGY0013950-13950PAUL D HENDLEY
(no name)
425 MASSACHUSETTS AVE NWWASHINGTONDC20001CONSULTANT DEVELOPING FUNDRAISING STRATEGY0058205-58205PETR SPURNEY JR
(no name)
801 GENERAL PICKETT DRSUFFOLKVA23434CONSULTANT DEVELOPING FUNDRAISING STRATEGY0012500-12500WILLIAM K STULB
FieldValueIRS element (for citing)
Total Retained By Contractors247715TotalRetainedByContractors
Total Net To Organization-247715TotalNetToOrganization
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 Grant499448AmountOfCashGrant
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 STEM CELL, 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
SCHOLARSHIPS213000
AWARDS/HONORS171397752

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 (5 entries)

Base 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
MICHAEL K WEISS
027999406313601476096879025563046704800
THOMAS LOUGHLIN
04064690986400209300291826026572084443700
MATTHEW SCHATZLE
0169643025025054505288019904022040500
JUDITH KEARNEY
0000042554012310004378500
WARREN LEONARD
0145207000398530137004012067033413100

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
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 AUDIT COMMITTEE CHAIR. 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 XI, LINE 5:NET UNREALIZED LOSSES ON INVESTMENTS: -562,157.CHANGES IN NET ASSETS OR FUND BALANCES:
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
THREE PARK AVE 23RD FLOORNEW YORKNY10016131623899ENGINEERING ASSOCIATIONNY501(C)(3)LINE 9N/A0
ASME AUXILIARY INC
THREE PARK AVE 23RD FLOORNEW YORKNY10016136128507ENGINEERING ASSOCIATIONNY501(C)(3)LINE 11B, II0ASME
THE ASME MINING & EXCAVATION RESEARCH INSTITUTE
THREE PARK AVE 23RD FLOORNEW YORKNY10016521582156ENGINEERING ASSOCIATIONNY501(C)(3)LINE 11B, II0ASME
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
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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