Annual Report 2001-2002.

THE ASME FOUNDATION 2001-2002

The ASME Foundation received generous support from individuals, corporations, and foundations. These contributions resulted in the enhancement of grants, scholarships and loans, honors and awards, and educational programs that are helping shape the future

We are pleased to welcome to the Foundation as a trustee George Paczkowski, president, RMST Technology, Conoco, which was a major contributor to the capital campaign. James Wood, president and CEO of Babcock Borsig Capital Corporation and currently a Foundation trustee, will also serve as a director. David Belden, who retired as ASME executive director, will continue on the Foundation boards in his new role as a volunteer.

New Grants

The Foundation sought proposals in three areas of greatest need for the profession. The focus was on scientific, mathematical and technical literacy beginning in grades K-12, career planning and skills development for engineers, and technologically sound public policy. The grant program is supported by funds from the World Class ... By Design capital campaign endowment and the Leighton and Margaret Orr Fund. Four grants totaling $200,000 were awarded in 2001:

* $30,000 for six $5,000 ASME FIRST (For the Inspiration and Recognition of Science and Technology) Scholarships for high school seniors participating in the FIRST robotics competition and entering college mechanical engineering programs in fall 2002.

* $95,000 for the first year of a 3-year project to develop a Web-based professional practice curriculum that will better prepare engineering students to assume a responsible role in the profession.

* $25,000 for a Web-based learning module on intellectual property that will foster better understanding of patents, copyrights, trademarks and trade secrets as they relate to the practice of engineering.

* $50,000 to place an engineering fellow, who will provide valuable public service to the United States by making available much needed engineering expertise, in the White House Office of Science and Technology Policy.

Grants Update

Engineering Magic, a 2-year Web project that received a 1999 grant, has been completed with six modules consisting of videos, instructions, lesson plans and student guides demonstrating a variety of science concepts.