The American Society of Mechanical Engineers
The mission of the American Society of Mechanical Engineers ("asme") is to advance engineering for the benefit of humanity.
The American Society of Mechanical Engineers at a glance
In short: The American Society of Mechanical Engineers gave $1.9M across 1 grant in 2025 (avg $1.9M), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,850,185
- -25.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $1,850,185
- -25.0% vs 2024
- Median grant
- $1,850,185
- Total assets
- $227,895,489
- +0.6% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The American Society of Mechanical Engineers funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Asme Foundation Inc ($1.9M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The American Society of Mechanical Engineers gives
- Giving fell 22% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $307K (2020) to $2.5M (2024). In 2025 it made 1 grant totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Asme Foundation Inc New York, NY | Mission-Driven Programs | $1,850,185 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $227,895,489 | $136,989,570 | $124,281,041 | $1,850,185 | 1 | $10,302,774 |
| 2024 | $226,598,178 | $136,701,086 | $152,496,058 | $2,467,295 | 1 | $-5,026,644 |
| 2023 | $250,705,240 | $160,466,638 | $130,099,497 | $1,286,500 | 1 | $46,705,606 |
| 2022 | $168,830,284 | $115,160,921 | $98,210,814 | $2,378,050 | 1 | $7,209,625 |
| 2021 | $177,574,778 | $95,811,317 | $87,905,307 | $628,200 | 1 | $2,099,150 |
| 2020 | $151,530,711 | $102,366,286 | $108,066,134 | $306,900 | 1 | $4,307,727 |
About The American Society of Mechanical Engineers
Based on IRS filings
The American Society of Mechanical Engineers is a public charity focused on Science & Technology, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $227.9M in total assets. In 2025, it awarded 1 grant totaling $1.9M. Net investment income was $10.3M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The American Society of Mechanical Engineers is led by Thomas Costabile, Executive Director & CEO on every filing since 2020; 14 of 31 officers listed in 2025 are compensated.
Officers on the 2025 filing
Thomas Costabile
Executive Director & CEO
On filings since 2020
40 hrs/week
$860K (2020) → $1.5M (2025)
Susan Ipri-Brown
President & Member
Member at Large → President & Member, 2024
On filings since 2023
4 hrs/week
No compensation reported
Lester Su
President & Member
Member at Large → President & Member, 2025
On filings since 2024
4 hrs/week
No compensation reported
Steve Papaganeres
Managing Director & Finance
On filings since 2024
40 hrs/week
$430K (2024) → $447K (2025)
Jeffrey Patterson
Chief Operating Officer
On filings since 2020
40 hrs/week
$494K (2020) → $752K (2025)
John Delli Venneri
Assistant Secretary & General Counsel
General Counsel → Assistant Secretary & General Counsel, 2025
On filings since 2020
40 hrs/week
$428K (2020) → $837K (2025)
Josh Heitsenrether
Senior Md, Marketing & Digital Strategy
Managing Director → Senior Managing Director, 2023
Senior Managing Director → Senior Md, Marketing & Digital Strategy, 2025
On filings since 2020
40 hrs/week
$286K (2020) → $457K (2025)
Keith Bloesch
Chief Information Officer
Managing Director → Senior Managing Director, 2023
Senior Managing Director → Chief Information Officer, 2025
On filings since 2020
40 hrs/week
$317K (2020) → $508K (2025)
William Garofalo
Chief Financial Officer
On filings since 2020
40 hrs/week
$503K (2020) → $1M (2025)
Michael Johnson
Chief Strategy Officer
On filings since 2021
40 hrs/week
$519K (2021) → $950K (2025)
Allian Pratt
Assistant Secretary & Chf Lead Engag Officer
Managing Director → Chief Leadership Engagement Officer, 2023
Chief Leadership Engagement Officer → Assistant Secretary & Chf Lead Engag Officer, 2025
On filings since 2022
40 hrs/week
$346K (2022) → $637K (2025)
Chandra Clouden
Chief Hr Officer
On filings since 2023
40 hrs/week
$450K (2023) → $672K (2025)
Thomas Meehan
Controller
On filings since 2024
40 hrs/week
$416K (2024) → $441K (2025)
Anand Sethupathy
Chief Strategy Officer
New on the 2025 filing
40 hrs/week
$438K (2025)
Christopher Cantrell
Senior Md & Standards Engineering Svcs
New on the 2025 filing
40 hrs/week
$390K (2025)
Robert Karmelich
Senior Md, Corp Sales & Customer Care
New on the 2025 filing
40 hrs/week
$388K (2025)
Thomas R. Kurfess
Member at Large
President → President & Member, 2024
President & Member → Member at Large, 2025
On filings since 2020
4 hrs/week
No compensation reported
Jared Oehring
Member at Large
Member-At-Large → Member at Large, 2023
On filings since 2022
4 hrs/week
No compensation reported
Patrick Vieth
Member at Large
Member-At-Large → Member at Large, 2023
On filings since 2022
4 hrs/week
No compensation reported
Kathryn Jablokow
Member at Large
On filings since 2023
4 hrs/week
No compensation reported
Monica Moman-Saunders
Member at Large
On filings since 2023
4 hrs/week
No compensation reported
Alma Fallon
Member at Large
On filings since 2024
4 hrs/week
No compensation reported
David Schlesinger
Member at Large
On filings since 2024
4 hrs/week
No compensation reported
Janis Terpenny
Member at Large
On filings since 2024
4 hrs/week
No compensation reported
Nicole Dyess
Member at Large
On filings since 2024
4 hrs/week
No compensation reported
Tara McMahan
Secretary & Treasurer
On filings since 2024
4 hrs/week
No compensation reported
William King
Member at Large
On filings since 2024
4 hrs/week
No compensation reported
Carlos Beatty Jr.
Member at Large
New on the 2025 filing
4 hrs/week
No compensation reported
Nelia Mazula
Member at Large
New on the 2025 filing
4 hrs/week
No compensation reported
Parisa Saboori
Member at Large
New on the 2025 filing
4 hrs/week
No compensation reported
Scott Smith
Member at Large
New on the 2025 filing
4 hrs/week
No compensation reported
Former officers (38)
- Former: Andrew Bicos (2021–2024) — Member at Large
- Former: Samuel Korellis (2022–2024) — Member at Large
- Former: Thomas Gardner (2022–2024) — Member at Large
- Former: Wolf Yeigh (2022–2024) — Member at Large
- Former: Philip Divietro (2020–2023) — Managing Director
- Former: Karen J. Ohland (2021–2023) — President · Filing note: From 111421
- Former: Paul D. Stevenson (2021–2023) — Member at Large
- Former: Richard Marboe (2021–2023) — Member at Large
- Former: John Goossen (2022–2023) — Secretary-Treasurer · Filing note: From 62022
- Former: Mahantesh Hiremath (2022–2023) — Past President
- Former: Dave Schlesinger (2023) — Member at Large
- Former: Bryan A. Erler (2020–2022) — Past President
- Former: Laura E. Hitchcock (2020–2022) — Member-At-Large · Filing note: Ended 62022
- Former: Robert N. Pangborn (2020–2022) — Secretary-Treasurer · Filing note: Ended 62022
- Former: Todd R. Allen (2020–2022) — Member-At-Large · Filing note: Ended 6/20/2022
- Former: Kathleen Lobb (2021–2022) — Managing Director
- Former: Susan Ipri Brown (2022) — Member-At-Large · Filing note: From 62022
- Former: Joe R. Fowler (2020–2021) — Member-At-Large · Filing note: Ended 061521
- Former: Karen A. Thole (2020–2021) — Member-At-Large · Filing note: Ended 072220
- Former: Laurel Raso (2020–2021) — Chief Hr Officer · Filing note: Ended 040220
- Former: Michael F. Molnar (2020–2021) — Member-At-Large · Filing note: Ended 061521
- Former: Richard T. Laudenat (2020–2021) — Past President · Filing note: Ended 061521
- Former: Robert E. Grimes (2020–2021) — Member-At-Large · Filing note: Ended 061620
- Former: Elpidio Labrador (2021) — Managing Director · Filing note: Ended 052020
- Former: John Falcioni (2021) — Managing Director · Filing note: Ended 061720
- Former: Mahantesh Hiremath Start (2021) — President Elect
- Former: Samuel Korellis Start (2021) — Member-At-Large
- Former: Thomas Gardner Start (2021) — Member-At-Large
- Former: Wolf Yeigh Start (2021) — Member-At-Large
- Former: Andrew Bicos Start (2020) — Member-At-Large
- Former: Frank Giannelli (2020) — Managing Director · Filing note: Ended 12619
- Former: John Hasselmann (2020) — Managing Director
- Former: Luis Rodriguez (2020) — Associate Executive Director
- Former: Mary Lynn Realff (2020) — Member-At-Large · Filing note: Ended 061620
- Former: Paul Stevenson Start (2020) — Member-At-Large
- Former: Richard Marboe Start (2020) — Member-At-Large
- Former: Said Jahanmir (2020) — Past President · Filing note: Ended 061620
- Former: Stuart W. Cameron (2020) — Member-At-Large · Filing note: Ended 061620
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.5M, to Thomas Costabile (Executive Director/CEO). 14 officers or directors reported compensation on that filing.
Frequently asked questions about The American Society of Mechanical Engineers
How much does The American Society of Mechanical Engineers give each year?
The American Society of Mechanical Engineers gave $1.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.5M across 1 grant.
How large is The American Society of Mechanical Engineers?
The American Society of Mechanical Engineers reported $227.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $137.0M.
What is The American Society of Mechanical Engineers?
The American Society of Mechanical Engineers is a public charity focused on Science & Technology, based in New York, NY. It holds $227.9M in total assets as of 2025.
Where does The American Society of Mechanical Engineers operate?
The American Society of Mechanical Engineers has awarded grants in New York.
What is The American Society of Mechanical Engineers's EIN?
The American Society of Mechanical Engineers's EIN (Employer Identification Number) is 13-1623899. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The American Society of Mechanical Engineers funds
Science & Technology Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The American Society of Mechanical Engineers's focus areas in our free grants database
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The American Society of Mechanical Engineers down — hundreds of funders to go?