THE ASME FOUNDATION INC

As filed

Subsection

03

NTEE code

U40

Classification

1000

Street

TWO PARK AVENUE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• AMERICAN SOCIETY OF MECHANICAL ENGINEERS AUXILIARY INC

  EIN 13-6128507

Mission and programs · 2023

• SCHOLARSHIPS AND AWARDS: ASME IS COMMITED TO ENSURING THAT TOMORROW'S ENGINEERING LEADERS HAVE THE TALENT AND EDUCATION TO SOLVE THE UNIQUE CHALLENGES OF TOMORROW. BY AWARDING SCHOLARSHIPS TO THE BRIGHTEST, MOST PROMISING MECHANICAL ENGINEERING STUDENTS IN NEED, THE ASME FOUNDATION, INC. IS WORKING TOWARDS A FUTURE WHERE ENGINEERING CHANGEMAKERS CAN TRANSFORM THEIR COMMUNITIES THROUGH INNOVATION. IN FISCAL YEAR 2024 WE AWARDED OVER $479,000 TO 147 DESERVING STUDENTS.

  Expenses $1,124,232 · Grants $694,937

• FEDERAL FELLOWS AND GLOBAL DEVELOPMENT: AS PART OF A CONTINUED EFFORT TO HELP ENGINEERS PLAY CRITICAL ROLES AS ADVISORS, RESEARCHERS, AND TEACHERS, THE ASME FOUNDATION, INC. SUPPORTED 8 FELLOWSHIPS. INCLUDED ARE: GRADUATE TEACHING FELLOWS WHO ARE OUTSTANDING DOCTORAL CANDIDATES IN MECHANICAL ENGINEERING EDUCATION, AND FEDERAL FELLOWS WHO SERVED IN EXECUTIVE AND LEGISLATIVE BRANCHES OF THE FEDERAL GOVERNMENT AND ADVISE ON ENERGY, MANUFACTURING, INFRASTRUCTURE, AND TECHNOLOGY.

  Expenses $1,155,771 · Grants $480,417

• STEM: IN ORDER TO SPARK A PASSION FOR STEM IN YOUTH, PROVIDING STUDENTS WITH A DYNAMIC LOOK AT THE WORLD OF ENGINEERING INNOVATION IS A CRITICAL FIRST STEP TO A REWARDING, FULLFILLING CAREER IN THE FIELD. THE ASME FOUNDATION, INC. SUPPORTS INITIATIVES IN K-12 SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM); UNIVERSITY STUDENT & EARLY CAREER DEVELOPMENT; INCLUDING INSPIRE. INSPIRE IS A UNIQUE DIGITAL PLATFORM THAT UTILIZES DIGITAL TOOLS LIKE GAMING AND VIRTUAL SIMULATIONS TO TEACH CRITICAL, CAREER-FOCUSED TECHNOLOGY AND CODING SKILLS WHILE EXPOSING STUDENTS TO STEM OPPORTUNITIES THAT THEY MIGHT NEVER HAVE DREAMED WERE WITHIN THEIR REACH. DURING ITS TENTH YEAR, THE ASME'S FOUNDATION'S K-12 PROGRAMS WERE AVAILABLE TO SCHOOLS IN ALL 50 STATES, REACHING OVER 70,000 STUDENTS.

  Expenses $2,056,478 · Grants $1,067,083

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $6,198,250

  Expenses

  $4,451,276

  Contributions

  $3,607,914

  Grants paid

  $2,242,437

• 2022

  Revenue

  $4,680,772

  Expenses

  $3,882,309

  Contributions

  $3,655,294

  Grants paid

  $2,295,326

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $6,696,684

  Expenses

  $2,717,248

  Assets (EOY)

  $32,698,395

• 2020 · 990

  Revenue

  $3,028,197

  Expenses

  $2,092,793

  Assets (EOY)

  $33,818,246

• 2019 · 990

  Revenue

  $1,897,480

  Expenses

  $1,596,002

  Assets (EOY)

  $26,496,154

• 2018 · 990

  Revenue

  $3,044,921

  Expenses

  $2,654,667

  Assets (EOY)

  $26,225,168

• 2017 · 990

  Revenue

  $5,441,199

  Expenses

  $2,607,474

  Assets (EOY)

  $25,335,656

• 2016 · 990

  Revenue

  $2,209,263

  Expenses

  $2,535,088

  Assets (EOY)

  $21,820,700

• 2015 · 990

  Revenue

  $2,131,257

  Expenses

  $2,746,305

  Assets (EOY)

  $21,045,866

• 2014 · 990

  Revenue

  $4,228,915

  Expenses

  $3,566,395

  Assets (EOY)

  $22,836,620

• 2013 · 990

  Revenue

  $2,124,331

  Expenses

  $3,516,104

  Assets (EOY)

  $26,543,146

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $2,760,200

  Assets (EOY)

  $22,834,389

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS

  $1,372,517

  2022 · VARIOUS PROGRAM SUPPORT

• THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS

  $1,337,787

  2023 · VARIOUS PROGRAM SUPPORT

Where these grants went next →

Grants received

• AMERICAN SOCIETY OF MECHANICAL ENGINEERS

  $1,286,500

  2022 · MISSION-DRIVEN PROGRAMS

• ECMC FOUNDATION

  $800,000

  2023 · WORK BASED LEARNING

• IMPACTASSETS INC

  $240,000

  2022 · GENERAL SUPPORT

• TULSA COMMUNITY FOUNDATION

  $20,000

  2024 · GENERAL OPERATIONS

• JEWISH COMMUNITY FOUNDATION OF SAN DIEGO

  $20,000

  2024 · GENERAL

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $7,050

  2022 · For grant recipient's exempt purposes

• AMERICAN ONLINE GIVING FOUNDATION INC

  $6,583

  2024 · GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $6,000

  2023 · For grant recipient's exempt purposes

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files