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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Asme Foundation Inc ($2,467,295).
| Recipient | Purpose | Amount |
|---|---|---|
| THE ASME FOUNDATION INC NEW YORK, NY | MISSION-DRIVEN PROGRAMS | $2,467,295 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALMA FALLON | MEMBER AT LARGE (START 7/1/23) | 4 | — |
| ANDREW BICOS | MEMBER AT LARGE (END 6/3/24) | 4 | — |
| DAVID SCHLESINGER | MEMBER AT LARGE | 4 | — |
| JANIS TERPENNY | MEMBER AT LARGE (START 6/3/24) | 4 | — |
| JARED OEHRING | MEMBER AT LARGE | 4 | — |
| KATHRYN JABLOKOW | MEMBER AT LARGE | 4 | — |
| LESTER SU | MEMBER AT LARGE (START 6/3/24) | 4 | — |
| MONICA MOMAN-SAUNDERS | MEMBER AT LARGE | 4 | — |
| NICOLE DYESS | MEMBER AT LARGE (START 6/3/24) | 4 | — |
| PATRICK VIETH | MEMBER AT LARGE | 4 | — |
| SAMUEL KORELLIS | MEMBER AT LARGE (END 6/3/24) | 4 | — |
| SUSAN IPRI-BROWN | PRESIDENT (INCUMBENT)/MEMBER | 4 | — |
| THOMAS GARDNER | MEMBER AT LARGE (END 6/3/24) | 4 | — |
| THOMAS R KURFESS | PRESIDENT (EXITING)/MEMBER | 4 | — |
| WILLIAM KING | MEMBER AT LARGE (START 6/3/24) | 4 | — |
| WOLF YEIGH | MEMBER AT LARGE (END 6/3/24) | 4 | — |
| THOMAS COSTABILE | EXECUTIVE DIRECTOR/CEO | 40 | $1,452,049 |
| WILLIAM GAROFALO | CHIEF FINANCIAL OFFICER | 40 | $981,550 |
| JOHN DELLI VENNERI | GENERAL COUNSEL | 40 | $809,120 |
| TARA MCMAHAN | SECRETARY/TREASURER (START 10/11/23) | 4 | — |
| MICHAEL JOHNSON | CHIEF STRATEGY OFFICER | 40 | $945,215 |
| JEFFREY PATTERSON | CHIEF OPERATING OFFICER | 40 | $727,109 |
| CHANDRA CLOUDEN | CHIEF HR OFFICER | 40 | $641,818 |
| ALLIAN PRATT | CHIEF LEADERSHIP ENGAGEMENT OFFICER | 40 | $614,440 |
| STEVE PAPAGANERES | MANAGING DIRECTOR, FINANCE | 40 | $430,425 |
| THOMAS MEEHAN | CONTROLLER | 40 | $416,004 |
| JOSH HEITSENRETHER | SR. MANAGING DIRECTOR | 40 | $442,356 |
| KEITH BLOESCH | SR. MANAGING DIRECTOR | 40 | $454,385 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The American Society of Mechanical?
The American Society of Mechanical is a nonprofit organization focused on Science & Technology, based in NEW YORK, NY. It holds $226.6M in total assets as of 2024.
How large is The American Society of Mechanical?
As of 2024, The American Society of Mechanical holds $226.6M in total assets with $136.7M in annual revenue. It awarded 1 grants totaling $2.5M in 2024.
Where does The American Society of Mechanical operate?
The American Society of Mechanical has awarded grants in New York.
What size grants does The American Society of Mechanical award?
In 2024, The American Society of Mechanical awarded 1 grants totaling $2.5M — an average of about $2.5M per grant, based on its IRS Form 990 filings.
What is The American Society of Mechanical's EIN?
The American Society of Mechanical's EIN (Employer Identification Number) is 13-1623899. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The American Society of Mechanical's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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