| ASME Development Fund |
Included, but not limited to:
Feasability Studies
Experimental, Embryonic or Prototype Programs |
Feasibility Studies: Up to $25,000 ED & Pres
Over $25,000 ED, COFI & BOG
Projects/Programs: Up to $50,000 ED & Pres
Over $50,000 ED, COFI & BOG |
Development Fund Request Form |
Out of traditional budget cycle |
Industry and voluntary contributions from the membership |
| ASME Foundation Grants |
Included but not limited to:
Technical Literacy
Career Planning & Skills Development
Technologically Sound Public Policy
|
Minimum: $20,000
BOG responsible for recommending categorized list; categorization is delegated by BOG to SMC.
SMC provides recommendation to Foundation Board of Trustees.
Foundation Board of Trustees recommend to Foundation Board of Directors.
Final Decision: Foundation Board of Directors |
See Page (3)
P-2.11
|
June —November |
ASME Foundation Capital Campaign; Corporate and individual contributions |
| Strategic Priorities Grant Fund (SPGF) |
Strategic Initiatives identified by the BOG to ensure annual new program development; broad- based cross sector proposals
|
Up to $50,000: Grant Management Committee (GMC) Recommends to President & Executive Director
Over $50,000: GMC recommends to ASME BOG
|
SPGF Application Form
Submission Calendar / Upcoming Deadline Date:
Aug. 4, 2008
(pending approved available funding) |
On-going; Considered quarterly
|
Surplus in fund balance — percentage of previous years operating budget, set by the BOG |