THE ASME FOUNDATION, INC. THROUGH GENEROUS SUPPORT OF THE ENGINEERING COMMUNITY, FUNDS PROGRAMS IN K-12 STEM EDUCATION, STUDENT AND EARLY CAREER DEVELOPMENT, ENGINEERING FOR GLOBAL DEVELOPMENT, AND PUBLIC POLICY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.8M
+5.1% YoY
Annual Giving
$1.3M
-2.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
-2.5% YoY
About The Asme Foundation Inc
Based on IRS filings
The Asme Foundation Inc 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 $37.8M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $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 | $37,755,783 | $35,928,467 | $32,698,395 |
| Revenue | $6,198,250 | $4,680,772 | $6,696,684 |
| Expenses | $4,451,276 | $3,882,309 | $2,717,248 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,461,441 | $966,303 | $2,247,348 |
| 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
4 grants across all recorded years
Open Grants
1 open opportunity from The Asme Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The American Society of Mechanical Engineers ($1,337,787).
| Recipient | Purpose | Amount |
|---|---|---|
| THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS NEW YORK, NY | VARIOUS PROGRAM SUPPORT | $1,337,787 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS COSTABILE | DIRECTOR, EX-OFFICIO | 2.5 | — |
| THOMAS MEEHAN | TREASURER | 2.5 | — |
| STEPHANIE VIOLA | EXECUTIVE DIRECTOR | 2.5 | — |
| COLUMBIA MISHRA | DIRECTOR | 2 | — |
| KAREN OHLAND | DIRECTOR | 2 | — |
| OSCAR BARTON | DIRECTOR | 2 | — |
| SONYA SMITH | CHAIR | 2 | — |
| GRETCHEN CRUTCHFIELD | SECRETARY | 2.5 | — |
| ANAND SETHUPATHY | FORMER INTERIM EXEC. DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Asme Foundation Inc?
The Asme Foundation Inc is a nonprofit organization focused on Science & Technology, based in NEW YORK, NY. It holds $37.8M in total assets as of 2024.
How large is The Asme Foundation Inc?
As of 2024, The Asme Foundation Inc holds $37.8M in total assets with $6.2M in annual revenue. It awarded 1 grants totaling $1.3M in 2024.
Where does The Asme Foundation Inc operate?
The Asme Foundation Inc has awarded grants in New York.
What size grants does The Asme Foundation Inc award?
In 2024, The Asme Foundation Inc awarded 1 grants totaling $1.3M — an average of about $1.3M per grant, based on its IRS Form 990 filings.
What is The Asme Foundation Inc's EIN?
The Asme Foundation Inc's EIN (Employer Identification Number) is 13-3372934. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Asme Foundation Inc'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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