2013-05-14T12:54:42-05:00 2012-06-30 221478099 COHNREZNICK LLP 1212 6TH AVENUE NEW YORK NY 10036 990 2011-07-01 133372934 THE ASME FOUNDATION INC ASME 2027857393 1828 L STREET NW NO 810 WASHINGTON DC 200365104 MATTHEW SCHATZLE 2027857393 2013-05-10 1 THOMAS LANNING P00851654 2122970400 2011 2016-02-24 21:20:13Z MATTHEW SCHATZLE 1828 L STREET NW NO 810 WASHINGTON DC 200365104 8322175 0 X HTTP://WWW.ASME.ORG/ABOUT-ASME/ASME-FOUNDATION X 1986 NY FUNDS AND DEVELOPS PROGRAMS THAT SUPPORT, CREATE, AND ADVANCE THE FIELD OF ENGINEERING. 11 9 0 60 0 0 385683 605672 0 0 935192 1006007 0 0 1320875 1611679 367032 910200 0 0 0 0 0 247715 383790 434917 1332933 801949 2490848 518926 -879169 23782816 22469751 353495 481756 23429321 21987995 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 410752 410752 ASME 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. 499448 499448 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. 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). 83912 ASME 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. 432756 IN 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. 432756 1426868 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NJ NY X JOHN DYS ACCOUNTING MANAGER 9732442247 ASME FOUNDATION 22 LAW DRIVE FAIRFIELD NJ 07004 CHARLA WISE 1.50 X 0 0 0 HARRY ARMEN 1.50 X 0 0 0 JAMES COAKER 1.50 X 0 0 0 JOHN VOELLER 1.50 X 0 0 0 LORETTA C MCHUGH 1.50 X 0 0 0 LYDEN F DAVIS PE 1.50 X 0 0 0 MARC W GOLDSMITH 1.50 X 0 0 0 MICHAEL K WEISS 0.50 X X 0 344606 122442 SUSAN H SKEMP 5.00 X X 0 0 0 THOMAS LOUGHLIN 0.50 X 0 526039 318398 THOMAS PESTORIUS 1.50 X 0 0 0 DORA NAGY 40.00 X 0 45855 7542 MATTHEW SCHATZLE 40.00 X 0 195213 25192 JUDITH KEARNEY 40.00 X 0 42554 1231 WARREN LEONARD 40.00 X 0 185060 149071 0 1339327 623876 0 1 1 0 0 39000 566672 605672 650701 650701 7065802 6710496 355306 355306 355306 1611679 0 0 1006007 499448 499448 410752 410752 307946 230958 30796 46192 26270 26270 19605 14000 5605 247715 247715 47655 47655 270439 33074 234115 3250 34746 10000 24746 275359 14838 243774 16747 46634 2000 558 44076 68775 27592 21142 20041 31204 31204 CERTIFICATES,PLAQUES,ME 84202 83912 290 SPONSORSHIP 72500 72500 BAD DEBTS 27414 27414 OTHER 20184 14380 5640 164 2490848 1426868 680190 383790 44060 124579 605542 368417 54650 92471 7718 43044 890388 674295 162320 194072 22018138 20972873 23782816 22469751 353495 481756 353495 481756 X 9150132 7823624 9147097 8931942 5132092 5232429 23429321 21987995 23782816 22469751 X -879169 -562157 X X 0 1 1 X 0 X X 0 0 0 THE AMERICAN SOCIETY MECHANICAL 131623899 9 1 1 1 499448 1 499448 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18965757 99835 360248 739210 18686630 16300228 207855 2990159 304532 190453 37500 18965757 14176235 610063 1746001 221650 10421 16300228 17264628 476871 -2874438 346750 344076 14176235 0.24210 0.28010 0.47780 0 0 0 1611679 2490848 -879169 -562157 -562157 -1441326 1001867 -562157 -562157 1564024 47655 47655 1611679 2443193 0 2443193 47655 47655 2490848 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. X X X 1 CAMPBELL & COMPANY ONE EAST WACKER DR SUITE 3350 CHICAGO IL 60601 COUNSEL FUNDRAISING 0 0 28832 -28832 GM MANAGEMENT LLC 8213 JUMPERS HOLE RD MILLERSVILLE MD 21108 MARKETING DEVELOPING FUNDRAISING STRATEGY 0 0 36778 -36778 HARRIS CONNECT 1511 ROUTE 22 SUITE C-25 BREWSTER NY 10509 MAIL AND PHONE FUNDRAISING SOLICITATIONS 0 0 97450 -97450 PAUL D HENDLEY 501 CLARA AVE 702 ST LOUS MO 63112 CONSULTANT DEVELOPING FUNDRAISING STRATEGY 0 0 13950 -13950 PETR SPURNEY JR 425 MASSACHUSETTS AVE NW WASHINGTON DC 20001 CONSULTANT DEVELOPING FUNDRAISING STRATEGY 0 0 58205 -58205 WILLIAM K STULB 801 GENERAL PICKETT DR SUFFOLK VA 23434 CONSULTANT DEVELOPING FUNDRAISING STRATEGY 0 0 12500 -12500 247715 -247715 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) 499448 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 STEM CELL, 7)MECHANICAL ENGINEERING A-Z ENHANCEMENT. 1 SCHOLARSHIPS 2 13000 AWARDS/HONORS 171 397752 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 MICHAEL K WEISS 0 279994 0 63136 0 1476 0 96879 0 25563 0 467048 0 0 THOMAS LOUGHLIN 0 406469 0 98640 0 20930 0 291826 0 26572 0 844437 0 0 MATTHEW SCHATZLE 0 169643 0 25025 0 545 0 5288 0 19904 0 220405 0 0 JUDITH KEARNEY 0 0 0 0 0 42554 0 1231 0 0 0 43785 0 0 WARREN LEONARD 0 145207 0 0 0 39853 0 137004 0 12067 0 334131 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 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 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -562,157. FORM 990, PART XII, LINE 2C: THE SELECTION AND OVERSIGHT PROCESS DID NOT CHANGE FROM PRIOR YEAR. AMERICAN SOCIETY OF MECHANICAL ENGINEERS THREE PARK AVE 23RD FLOOR NEW YORK NY 10016 131623899 ENGINEERING ASSOCIATION NY 501(C)(3) LINE 9 N/A 0 ASME AUXILIARY INC THREE PARK AVE 23RD FLOOR NEW YORK NY 10016 136128507 ENGINEERING ASSOCIATION NY 501(C)(3) LINE 11B, II ASME 0 THE ASME MINING & EXCAVATION RESEARCH INSTITUTE THREE PARK AVE 23RD FLOOR NEW YORK NY 10016 521582156 ENGINEERING ASSOCIATION NY 501(C)(3) LINE 11B, II ASME 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0