American Society For Engineering Education

Organization Overview

American Society For Engineering Education is located in Washington, DC. The organization was established in 1950. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 09/2021, American Society For Engineering Education employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Engineering Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, American Society For Engineering Education generated $18.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $18.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (22.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ASEE ADVANCES INNOVATION, EXCELLENCE, AND ACCESS AT ALL LEVELS OF EDUCATION FOR THE ENGINEERING PROFESSION.

Describe the Organization's Program Activity:

FELLOWSHIPS - MANAGE DOD AND NSF FELLOWSHIP PROGRAM ACTIVTIES INCLUDING PROMOTIONS, PROCESSING APPLICATIONS, REVIEWING APPLICATIONS, MAKING AWARDS, AND PAYING STIPENDS AND TRAVEL AND TUITION COSTS DEPENDING ON THE PROGRAMS.


NON-GOVERNMENT PROGRAMS - ASEE MANAGES AND ADMINISTERS PROGRAMS FUNDED BY DIFFERENT ORGANIZATIONS AND INSTITUTIONS.


MEETINGS & CONFERENCES - THE ORGANIZATION PROVIDES ENGINEERING AND ENGINEERING TECHNOLOGY EDUCATORS THE ARENA TO EXCHANGE IDEAS, AFFECT CURRICULUM, ENHANCE TEACHING METHODS, AND NETWORK WITH PEERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Intellect Business Solutions
It Services
$312,982
Joy Riot
Advertising Agency
$140,982
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,026,414
Fundraising events$0
Related organizations$0
Government grants $10,149,082
All other contributions, gifts, grants, and similar amounts not included above$3,323,387
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$15,498,883
Total Program Service Revenue$2,596,957
Investment income $291,378
Tax Exempt Bond Proceeds $0
Royalties $99,399
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,727,509

Grants Recieved

Over the last fiscal year, we have identified 4 grants that American Society For Engineering Education has recieved totaling $660,013.

Awarding OrganizationAmount
The Robert D And Patricia E Kern Family Foundation Inc

Waukesha, WI

PURPOSE: SUPPORT PROGRAM ACTIVITIES TO ADVANCE EM RESOURCES FOR ASEE MEMBERS

$400,000
The Robert D And Patricia E Kern Family Foundation Inc

Waukesha, WI

PURPOSE: SUPPORT PROGRAM ACTIVITIES TO ADVANCE EM RESOURCES FOR ASEE MEMBERS

$250,000
Samueli Foundation

Corona Del Mar, CA

PURPOSE: GENERAL SUPPORT

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$13
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,573,974
Earnings$597,909
Ending Balance$4,171,883

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