The American Society of Mechanical logo

The American Society of Mechanical

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$226.6M

-9.6% YoY

Annual Giving

$2.5M

+91.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.5M

+91.8% YoY

About The American Society of Mechanical

Based on IRS filings

The American Society of Mechanical is a nonprofit organization focused on Science & Technology, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $226.6M in total assets. In 2024, it awarded 1 grants totaling $2.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$44M$88M$132M$177M20202021202220232024
Metric202420232022
Total Assets$226,598,178$250,705,240$168,830,284
Revenue$136,701,086$160,466,638$115,160,921
Expenses$152,496,058$130,099,497$98,210,814
Qualifying Distributions
Net Investment Income$-5,026,644$46,705,606$7,209,625
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$617K$1M$2M$2M0 grants20200 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE ASME FOUNDATION INC$2.5M

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS COSTABILEEXECUTIVE DIRECTOR/CEO$1.5MWILLIAM GAROFALOCHIEF FINANCIAL OFFICER$982KMICHAEL JOHNSONCHIEF STRATEGY OFFICER$945KJOHN DELLI VENNERIGENERAL COUNSEL$809KJEFFREY PATTERSONCHIEF OPERATING OFFICER$727KCHANDRA CLOUDENCHIEF HR OFFICER$642KALLIAN PRATTCHIEF LEADERSHIP ENGAGEMENT …$614KKEITH BLOESCHSR. MANAGING DIRECTOR$454KJOSH HEITSENRETHERSR. MANAGING DIRECTOR$442KSTEVE PAPAGANERESMANAGING DIRECTOR, FINANCE$430KTHOMAS MEEHANCONTROLLER$416K

From 2024 filing

NameTitleHoursCompensation
ALMA FALLONMEMBER AT LARGE (START 7/1/23)4
ANDREW BICOSMEMBER AT LARGE (END 6/3/24)4
DAVID SCHLESINGERMEMBER AT LARGE4
JANIS TERPENNYMEMBER AT LARGE (START 6/3/24)4
JARED OEHRINGMEMBER AT LARGE4
KATHRYN JABLOKOWMEMBER AT LARGE4
LESTER SUMEMBER AT LARGE (START 6/3/24)4
MONICA MOMAN-SAUNDERSMEMBER AT LARGE4
NICOLE DYESSMEMBER AT LARGE (START 6/3/24)4
PATRICK VIETHMEMBER AT LARGE4
SAMUEL KORELLISMEMBER AT LARGE (END 6/3/24)4
SUSAN IPRI-BROWNPRESIDENT (INCUMBENT)/MEMBER4
THOMAS GARDNERMEMBER AT LARGE (END 6/3/24)4
THOMAS R KURFESSPRESIDENT (EXITING)/MEMBER4
WILLIAM KINGMEMBER AT LARGE (START 6/3/24)4
WOLF YEIGHMEMBER AT LARGE (END 6/3/24)4
THOMAS COSTABILEEXECUTIVE DIRECTOR/CEO40$1,452,049
WILLIAM GAROFALOCHIEF FINANCIAL OFFICER40$981,550
JOHN DELLI VENNERIGENERAL COUNSEL40$809,120
TARA MCMAHANSECRETARY/TREASURER (START 10/11/23)4
MICHAEL JOHNSONCHIEF STRATEGY OFFICER40$945,215
JEFFREY PATTERSONCHIEF OPERATING OFFICER40$727,109
CHANDRA CLOUDENCHIEF HR OFFICER40$641,818
ALLIAN PRATTCHIEF LEADERSHIP ENGAGEMENT OFFICER40$614,440
STEVE PAPAGANERESMANAGING DIRECTOR, FINANCE40$430,425
THOMAS MEEHANCONTROLLER40$416,004
JOSH HEITSENRETHERSR. MANAGING DIRECTOR40$442,356
KEITH BLOESCHSR. MANAGING DIRECTOR40$454,385

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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