Public Charity

THE ASME FOUNDATION INC

THE ASME FOUNDATION INC is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2025 filing: $5.2M revenue, $3.8M expenses, $42.2M total assets. 23 publicly reported grants to this organization, totaling roughly $11.4M, appear in IRS filings.

EIN: 133372934 NEW YORK, NY Engineering & Technology NTEE: U40 Latest filing: 2025
Total Revenue$5.2M
Total Expenses$3.8M
Total Assets$42.2M
Grant Records23
Funding Total$11.4M
Filing Years2021–2025

Mission

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.

Where $100 goes at The Asme Foundation Inc

How The Asme Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$11 Management running the organization
$4 Fundraising raising the next dollar

Inside the $85 for programs

$31
Stem
37% of program spending · Reported in the filing: 12 programs; 50,000 students
$28
Scholarships and awards
32% of program spending · Reported in the filing: 139 students
$26
Federal fellows and global development
31% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

FORMER INTERIM EXECUTIVE DIRECTOR Anand Sethupathy
DIRECTOR Columbia Mishra
SECRETARY Gretchen Crutchfield
DIRECTOR Karen Ohland
DIRECTOR Oscar Barton
CHAIR Sonya Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,572,826 22 grants
Unspecified
$800,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.2M $3.8M $42.2M
2024 $6.2M $4.5M $37.8M
2023 $4.7M $3.9M $35.9M
2022 $6.7M $2.7M $32.7M
2021 $3.0M $2.1M $33.8M

Between 2021 and 2025, reported annual revenue grew from $3.0M to $5.2M (+71%), with total assets most recently reported at $42.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE ASME FOUNDATION INC

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