The American Society of Mechanical Engineers logo

The American Society of Mechanical Engineers

Public charity · Grantmaker New York, NY EIN: 13-1623899 Website

The mission of the American Society of Mechanical Engineers ("asme") is to advance engineering for the benefit of humanity.

Key facts about The American Society of Mechanical Engineers

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.

EIN
13-1623899
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,850,185
Grants made (2025)
1
Average grant
$1,850,185
Median grant
$1,850,185
Total assets
$227,895,489
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$227.9M

+0.6% YoY

Annual Giving

$1.9M

-25.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.9M

-25.0% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

New York

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $307K (2020) to $2.5M (2024). In 2025 it made 1 grant totaling $1.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Asme Foundation Inc: $1.9MThe Asme Foundation Inc$1.9M

The largest 2025 recipient was The Asme Foundation Inc ($1.9M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

The most common grant size was in the $1–5M range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Asme Foundation Inc New York, NYMission-Driven Programs$1,850,185

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50M$100M$150M$200M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$227,895,489$226,598,178$250,705,240
Revenue$136,989,570$136,701,086$160,466,638
Expenses$124,281,041$152,496,058$130,099,497
Net Investment Income$10,302,774$-5,026,644$46,705,606

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  3. Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
  4. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  5. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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

Thomas Costabile — Executive Director/CEO: $1.5MThomas CostabileExecutive Director/CEO$1.5MWilliam Garofalo — Chief Financial Officer: $1.0MWilliam GarofaloChief Financial Officer$1.0MMichael Johnson — Chief Strategy Officer: $950KMichael JohnsonChief Strategy Officer$950KJohn Delli Venneri — Asst Secretary (Exiting)/Gen Counsel: $837KJohn Delli VenneriAsst Secretary (Exiting)/Gen…$837KJeffrey Patterson — Chief Operating Officer: $752KJeffrey PattersonChief Operating Officer$752KChandra Clouden — Chief HR Officer: $672KChandra CloudenChief HR Officer$672KAllian Pratt — Asst Sec (Incumb)/CHF Lead Engag Off: $637KAllian PrattAsst Sec (Incumb)/CHF Lead…$637KKeith Bloesch — Chief Information Officer: $508KKeith BloeschChief Information Officer$508KJosh Heitsenrether — Sr. MD, Marketing & Digital Strategy: $457KJosh HeitsenretherSr. MD, Marketing & Digital…$457KSteve Papaganeres — Managing Director, Finance: $447KSteve PapaganeresManaging Director, Finance$447KThomas Meehan — Controller: $441KThomas MeehanController$441KAnand Sethupathy — Chief Strategy Officer: $438KAnand SethupathyChief Strategy Officer$438KChristopher Cantrell — Sr. MD, Standards Engineering Svcs: $390KChristopher CantrellSr. MD, Standards Engineering…$390KRobert Karmelich — Sr. MD, Corp Sales & Customer Care: $388KRobert KarmelichSr. MD, Corp Sales & Customer…$388K

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.

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