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About ASTM InternationalASTM International is a globally recognized leader in the development and delivery of international voluntary consensus standards and related products and services. Today, some 12,000 ASTM standards are used around the world to improve product quality, enhance safety, facilitate market access and trade, and build consumer confidence.

ASTM’s leadership in international standards development is driven by the contributions of its members: more than 30,000 of the world’s top technical experts and business professionals representing more than 140 countries. ASTM members deliver standard test methods, specifications, guides and practices that support industries and governments worldwide through ASTM’s open and transparent standards development process.

ASTM standards are the tools of customer satisfaction and competitiveness for companies across a wide range of markets. Through 143 technical standards-writing committees, ASTM serves diverse industries ranging from metals to construction, petroleum to consumer products, and many more. When new industries look to advance the growth of cutting-edge technologies such as nanotechnology and additive manufacturing they come together under the ASTM International umbrella to achieve their standardization goals.

In the arena of global commerce, ASTM International standards are the passports to a successful trading strategy. High-quality, market-relevant ASTM standards, developed in accordance with the guiding principles of the World Trade Organization, fuel trade by opening new markets and creating new trading partners for enterprises everywhere. From Fortune 500 leaders to emerging start-ups, ASTM standards help level the playing field, so companies of all sizes can better compete in the global economy.

Beyond its leadership in the area of standards development, ASTM International offers technical training programs for industry and government, as well as proficiency testing, interlaboratory crosscheck programs, certification and environmental product declarations programs that support manufacturers, users, researchers and laboratories worldwide.

ASTM INTERNATIONAL ANNUAL REPORT

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2 2013 ASTM International Annual Report 2013 ASTM International Annual Report 3

Message from the Chairman of the Board & the President

James A. Thomas President

Contents

4 Leadership & Learning

6 Leading the Way to Sustainability

10 Leading Health & Safety

14 Standards Development Leader

16 Global Leadership

20 A Leading Technical Resource

22 Financials

34 2013 ASTM International Board of Directors

Mary C. McKiel, Ph.D.2013 Chairman of the Board

As we reflect on 2013, we do so with a great deal of enthusiasm.

In the pages that follow, we feature highlights of the year that make us proud – and above all – grateful to the dedicated network of volunteer members whose technical contributions set ASTM apart as a leader in global standardization.

And our network keeps growing. Membership numbers for 2013 indicate that participation in ASTM has never been stronger, and if we look back a little further to 2005, we find that membership has increased 21 percent since then. Today, members residing outside the United States exceed 6,000 individuals. Participation from this particular group within our network brings valuable technical input from more than 140 different countries to the ASTM standards development table.

This international growth is fueled in large part by two ASTM programs: the Memorandum of Understanding (MOU) program and the Standards Expert Program (SEP). The MOU program – which establishes relationships with national standards bodies (NSB) around the world – welcomed new partners in 2013 from Antigua and Barbuda, Bhutan, Cameroon, Haiti and Sierra Leone, bringing the total number of participating NSBs to 85. Through the ASTM SEP program, we sponsor and host standards experts from NSBs who spend time at ASTM headquarters, attend ASTM events and witness standardization theories and practices first-hand. In 2013, we were pleased to have standards experts from Egypt, the Philippines and Trinidad and Tobago. In addition, ASTM’s physical presence and global reach expanded with the addition of two outreach offices in Brussels and Ottawa, thus better serving our international members.

As we focus on 2013 and beyond, ASTM is leading the way in many important sectors. For example, in the area of sustainability, ASTM provides standards, training, information and other programs that align technical knowledge with the environmental values and strategies of our stakeholders and customers. This benefits all of us. One of the many environmental accomplishments in 2013 was the successful launch of the ASTM Water Portal, a comprehensive online source for standards information and research on water quality, extraction, preservation, recycling and usage. ASTM further expanded its environmental offerings by collaborating with industry partners such as the Adhesive and Sealant Council and the Single Ply Roofing Industry to develop Environmental Product Declarations (EPD) and Product Category Rules (PCR) that provide quantifiable environmental data to assess and compare products for the marketplace. Finally, we were pleased to host executives from the Gulf Cooperation Council Standardization Organization (GSO) for a workshop on Sustainability in Construction at ASTM headquarters — an issue of growing interest in the Middle East and around the world.

Providing standards and technical solutions that advance health and safety are paramount to the mission of ASTM. Our leadership in product safety was recognized again this year when ASTM Subcommittee F15.22 on Toy Safety received the U.S. Consumer Product Safety Commission’s 2013 Chairman’s Circle of Commendation Award for its development and ongoing maintenance of ASTM F963, Standard Consumer Safety Specification for Toy Safety. Similarly, other new ASTM standards in 2013 address potential hazards in glass furniture, lead and mechanical hazards in jewelry, and consistent labeling of devices implanted during orthopedic surgeries. In the occupational environment, a new ASTM standard will help workers in heavy manufacturing and the electric utility industries to protect their hands from potential electrical arc hazards. We take great pride in these accomplishments and wish to thank the technical experts who collaborated in their development.

During the 2013 “Year of the Leader” campaign, we engaged our members to promote the professional development opportunities resulting from their involvement in standards development work and provided educational resources that support the many skills acquired by engaging in ASTM technical committee activities. We believe that these leadership initiatives – including the mentoring and professional development of up and coming ASTM members – will better position ASTM for continued success while raising a deeper awareness and appreciation of standards development in the business and corporate environment for years to come.

Looking beyond standards, ASTM continues to be a leading technical resource in the global marketplace. We experienced continued growth in 2013 for both our Proficiency Testing Program (PTP) and Interlaboratory Study (ILS) Program. The ILS Program – which assists ASTM technical committees in fulfilling the requirement that every test method be accompanied by a precision and bias statement – registered 107 new and revised studies, bringing the total number of active studies to 332 by year’s end. And two new PTPs were launched – Diesel Exhaust Fluid Testing and Octane Testing, increasing the number to 46 different PTPs across numerous industrial sectors with global participation from 95 countries.

ASTM continuously invests in technology and solution expertise to further deliver innovation to our members and customers. In 2013, we launched ASTM Compass – a subscription-based platform for viewing and using ASTM content including standards, training, engineering publications, translations and more. Accessing ASTM information is now easier and more efficient than ever before.

As we turn the page and look to the future, ASTM is committed to continuing to advance as a global leader in its field. We will do so with a focus on creating progress for tomorrow by delivering world-class standards and technical resources, supporting the professional development of our members, meeting the evolving needs of our customers and stakeholders, and further strengthening our global standing.

Thank you for sharing in our enthusiasm.

Sincerely,

Mary C. McKiel, Ph.D.2013 Chairman of the Board

James A. Thomas President


University Radio InterviewIn October, ASTM member Angelo Lampousis, Ph.D., conducted a live radio interview with ASTM President James A. Thomas at the campus radio station of the City College of New York (CUNY). Professor Lampousis, who teaches an environmental site assessment course based on ASTM standards at CUNY, posed questions regarding standardization as part of the radio show “Innovation Unedited.” The radio interview, which included students from the Macaulay Honors College, was audio- and video-streamed and is available on the ASTM YouTube channel. Earlier in the year, ASTM Chairman of the Board Mary C. McKiel attended an informational day organized by the CUNY alumni group.

Recognizing Academic LibrariansTo honor the contributions of academic librarians and to provide resources to help them in their work, ASTM International launched its Recognizing Librarians campaign in 2013. Academic librarians are responsible for the technical knowledge base of colleges and universities, including the ASTM Standards and Engineering Digital Library (SEDL), to which some 1,000 academic libraries around the world provide subscription access to their users. As part of the campaign, ASTM sponsored the American Society for Engineering Education’s Homer I. Bernhardt Distinguished Service Award, which recognizes excellence in engineering libraries.

ASTM committees operate with a harmonious balance of regulation, due process, staff involvement and flexibility…Of paramount importance to the cultivation of leadership is learning how to appreciate the political and technical aspects of any given initiative while still operating within a fair and balanced framework.”ASTM Standardization News, September/October 2013

William C. Griese, Tile Council of North America, and recipient of the 2013 ASTM President’s Leadership Award

The Leadership Connection ASTM International launched the Leadership Connection program in 2013 to support the many leadership skills acquired by engaging in ASTM technical committee activities. A central component of the Leadership Connection campaign is the ASTM Mentoring Program, which pairs a new ASTM member with a seasoned one for personalized instruction on the inner

workings of ASTM technical committees to more quickly involve new members in standards development activities. Leadership modules were held at Committee Week meetings in 2013.

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Leadership & Learning

Jim Thomas at CUNY.

Intensive Training Program (ITP)Standard ITPs are specially formulated training programs developed at the request of an industry sector or foreign government to provide delegates with working knowledge of and hands-on experience relating to ASTM. In September, 13 executives from SINOPEC Energy of China participated in a weeklong ITP at ASTM headquarters, and in November, 14 delegates from Zhejiang province in China took part in an ITP relating to renewable energy and roofing.

Technical Training and e-LearningA new Learning Management System (LMS) was deployed in October with all of ASTM’s online learning content. More than 66 petroleum and six asphalt videos were loaded on the LMS, along with 19 construction materials training courses on concrete and aggregates. These self-study training courses include videos, as well as key concept presentations, checklists, data sheets, glossaries and quizzes.

Executives from SINOPEC, the main oil and gas provider in China, visited ASTM International headquarters for a week of intensive training on standardization in the energy field.


In determining what you need in order to assess the sustainability of any of your decisions, you need to engage the community — the community of people in your company, the community of people in the surrounding area, the community of experts who can give you information. And that is where organizations like ASTM International offer a tremendous advantage, because ASTM is composed of thousands of high-level experts from around the globe who can help you make those decisions.”ASTM Standardization News, January/February 2013

Mary C. McKiel, Ph.D., standards executive, U.S. EPA, and 2013 ASTM International Chairman of the Board

Environmental Site AssessmentOn Dec. 30, 2013, the U.S. Environmental Protection Agency published a final rule that references the latest version of ASTM E1527, Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, as a way to perform all appropriate inquiries when conducting environmental site assessments. Earlier in the year, the widely used ASTM E1527 was revised to clarify language and strengthen the deliverable that is produced at the end of the Phase I site assessment. Also in 2013, ASTM issued E2893, Standard Guide for Greener Cleanups, to reduce the environmental footprint of activities during all phases of site cleanup, from investigation to long-term monitoring.

Hydraulic FracturingDrinking water utilities, contract laboratories, and others assessing water quality will benefit from the new ASTM Subcommittee D19.09 on Water – Hydraulic Fracturing Fluids, established in 2013. D19.09 maintains liaison with Subcommittee D18.26 on Hydraulic Fracturing.

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New FuelsChanges to the title and scope of ASTM Committee D02 on Petroleum Products and Lubricants were made in 2013 to reflect the evolving fuels and lubricants industry. Newly named Committee D02 on Petroleum Products, Liquid Fuels and Lubricants, the committee’s name and scope reflect its standards work in the areas of ethanol, biodiesel, synthetic jet fuel, and compressed and synthesized liquefied fuels.

Leading the Way to Sustainability

Magazine ColumnA new column on sustainability was launched in the March/April 2013 issue of the ASTM magazine, Standardization News. Aimed at providing readers with a forum on issues that impact sustainability and standardization, initial installments of “GreenScene” covered topics such as sustainable highways, sustainability in university curricula and ASTM’s development of Product Category Rules (PCR) and Environmental Product Declarations (EPD).

Resin Identification The 2013 enhancements made to ASTM D7611, Standard Practice for Coding Plastic Manufactured Articles for Resin Identification, modernizes the recycling of plastics to include new resins and a revised graphic symbol. Now a new solid equilateral triangle surrounding the numeral defines the resin used in packaging. The revised standard lays the groundwork for further improvements in the future.

Greenbuild ExpoASTM participated in the Greenbuild 2013 Conference and Expo held in November in Philadelphia. The ASTM exhibit showcased ASTM’s 2,000 construction standards and 200 sustainability standards as well as new Product Category Rules, Environmental Product Declarations and information portals.

Green AccommodationsASTM’s widely used suite of standards covering environmentally sustainable meetings received an important addition in 2013. ASTM E2772, Standard Specification for Evaluation and Selection of Accommodations for Environmentally Sustainable Meetings, Events, Trade Shows and Conferences, is now a core component of sustainable event planning with regard to accommodations.


Leading the Way to Sustainability

Water PortalIn 2013, ASTM launched an online Water Portal (www.astm.org/waterportals), providing a single, comprehensive source for information and research across a broad range of water-related areas of interest. The portal is a convenient pathway divided into five areas where ASTM offers standards and related products and services: water quality, extraction, preservation, recycling and usage.

Workshop on SustainabilityIn April, executives from the Gulf Cooperation Council Standardization Organization for the Arab States of the Gulf (GSO) attended a two-day workshop on Sustainability in Construction at ASTM headquarters. Members of the ASTM board of directors and representatives from other standards development organizations as well as industry were present to share engineering expertise as it relates to sustainable construction.

Four workshop sessions were attended by senior standardization representatives from the Gulf Region, as well other organizations in the construction field and ASTM board members and staff.

Roofing PCR In 2013, ASTM International and the Single Ply Roofing Industry (SPRI) collaborated to publish Product Category Rules (PCR) for single ply roofing membranes. The new ASTM PCR for Preparing an Environmental Product Declaration for Single Ply Roofing Membranes is a publically available document posted on the ASTM website. ASTM is a global Program Operator for PCR development and EPD verification.

SealantsThe Adhesive and Sealant Council (ASC) entered into a partnership with ASTM International to raise awareness in the sealants industry on the value and development of Environmental Product Declarations (EPD) and Product Category Rules (PCR). Future PCR development for sealants was a focus of the January 2013 meeting of ASTM Committee C24 on Building Seals and Sealants.

Sanitary SewersNew Subcommittee D34.02 on Discharge of Organic Wastes into Sanitary Sewers was formed to develop standards that accurately measure organic compounds in sewers. Future standards will address organic compounds that may cause damage to treatment plants and whether such compounds can harm aquatic species or animals that feed on aquatic species.

Dominic Sims (left), CEO of the International Code Council, spoke of the valued partnership between ICC and ASTM during a luncheon speech to the ASTM board. Also pictured are Mary McKiel, 2013 ASTM chairman of the board, and James A. Thomas, ASTM president.

Sustainable Destination: ChicagoThe October meeting of the ASTM board of directors was held in Chicago, one of the first cities in the United States to achieve certification as a sustainable destination, a rating based on ASTM standards. While in Chicago, the ASTM board and senior staff met with some 400 individuals from various corporations, associations, labs and a university. The Chicago area is home to more than 1,000 active ASTM members representing all of ASTM’s technical committees.


Industry applies resources to initiatives based upon cost/benefit ratios, but the characteristics of standards work – primarily achieving consensus and transparency – usually do not lend themselves to this kind of analysis. Recognizing that industry often operates on timetables where the ROI of new product launches are measured in timespans of one year or less, it is easy to see why industry struggles with understanding the value of standards development.” ASTM Standardization News, November/December 2013 Philip M. Piqueira, global

standards leader, General Electric Industrial Solutions Business

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Leading Health & Safety

CPSC Safety AwardASTM Subcommittee F15.22 on Toy Safety, part of Committee F15 on Consumer Products, received the U.S. Consumer Product Safety Commission’s 2013 Chairman’s Circle of Commendation Award in September. The award recognizes significant, lifesaving contributions to consumer product safety. F15.22 was recognized for its development and ongoing maintenance of ASTM F963, Standard Consumer Safety Specification for Toy Safety.

Glass FurnitureASTM F2813, Standard Specification for Glass Used as a Horizontal Surface in Desks and Tables, is a means of minimizing serious furniture-related injuries. Developed by Subcommittee 15.42 on Furniture Safety, the new standard reduces the likelihood of serious cutting and piercing injuries due to breaking glass on dining, coffee, end, display, outdoor and other types of tables and desks.

CPSC Chairman Inez Tenenbaum (center) presents the Chairman’s Circle of Commendation Award to Len Morrissey, Committee F15 staff manager (second from right) and members of the the subcommittee.

Jewelry SafetyIssued in 2013, ASTM F2999, Standard Consumer Safety Specification for Adult Jewelry, establishes requirements and test methods for specified elements and mechanical hazards in jewelry for consumers over 13 years of age. The new standard, which is a follow-up to the previously released ASTM standard for children’s jewelry, limits lead and other compounds in surface coatings and includes methods to use in the analysis of jewelry.

Implant LabelingThe release of ASTM F2943, Standard Guide for Presentation of End User Labeling Information for Orthopedic Implants Used in Joint Arthroplasty, will benefit patients undergoing orthopedic surgery. The standard helps to ensure the correct implantation of a device for a specific patient through universal label formats.

HEPA FiltrationA new task group was formed to develop proposed standards for high efficiency particulate air filtration, typically known as HEPA. Subcommittee F11.23 on Filtration focuses on standards that will provide both retail buyers and consumers a means of comparing manufacturer filtration claims and benefits for items such as vacuum cleaners.

Phthalates in PlasticsThe new ASTM D7823, Standard Test Method for Determination of Low Level, Regulated Phthalates in Poly (Vinyl Chloride) Plastics by Thermal Desorption—Gas Chromatography/Mass Chromatography, provides a method for the identification of six specific phthalates prohibited under the requirements of Section 108 of the Consumer Product Safety Improvement Act (CPSIA). Children’s toys and child care articles that can be placed in the mouth are among the products covered.


Electrical Arc Flash ProtectionNewly issued ASTM F2675, Standard Test Method for Determining Arc Ratings of Hand Protective Products Developed and Used for Electrical Arc Flash Protection, will help workers in heavy manufacturing and the petrochemical and electric utility industries to protect their hands from potential electrical arc hazards.

Crib MattressesMaking it easier for the general public to choose a safe mattress for infants and toddlers, ASTM F2933, Standard Consumer Safety Specification for Crib Mattresses, covers the gap between a mattress and crib rails and the height of a crib from the top of a mattress as well as mattress thickness. Labels on mattresses are also included for creating a safe sleeping environment.

Leading Health & Safety

Parasailing SafetySubcommittee F24.65 on Parasailing was formed in 2013 to develop standards for crew proficiency, equipment and operations with regard to parasailing. The new subcommittee also developed its first standard, ASTM F2993, Standard Guide for Monitoring Weather Conditions for Safe Parasail Operation, providing safety guidance to commercial parasail operators.

F24.65

Trampoline CourtsCommittee F24 published a new standard that addresses one of the fastest growing segments of the attractions industry, trampoline courts. Developed in response to the deep interest of several stakeholders, ASTM F2970, Standard Practice for Design, Manufacture, Installation, Operation, Maintenance, Inspection and Major Modification of Trampoline Courts, establishes clear guidelines for trampoline court foam pits, frame padding, accessibility, patron education and conduct guidelines.


Standards Development Leader

AdhesivesD7888

Airsoft SafetyF2940 & F2941

Adventure CoursesF2959

Asbestos D7521

BPAD7858

CoatingsD7803

Electrical Steel A1086

Fences F2957 & F3000

Fitness EquipmentF3021 & F3022

FlooringF3008

Fracture MechanicsE2899

Homeland SecurityE2885 & E2933

InsulationC1696

Hip ImplantsF2996

In 2013, ASTM International issued 197 new standards, 11 new subcommittees were formed, and attendance at technical committee meetings was as strong as ever. Here is a sampling of 2013 new ASTM standards:

Non- destructive

TestingE2904

Leachate PipeF2986

Laboratory InformaticsE1578

Paint BrushesD7834

Organic CoatingsD7835/D7835M

Piping A1082/A1082M

Plastic LumberD7568

Protective CoatingsD7868

Quality ControlE2910

Renewable FuelD7862

SteelA1084

Surgical ImplantsF2989

Tensile StrengthB986

Vascular StentsF2942

Wrestling MatsF2983

Soil QualityD7830/D7830M

Road and PavingD7495

Sustainable Laundry D7841

The standards produced by ASTM raise the bar of excellence in many fields and give the global marketplace a vibrancy and balance it would otherwise lack.” ASTM Standardization News, March/April 2013

James A. Thomas, president, ASTM International

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As companies globalize and sell their goods and services around the world, the standards embedded in those goods and services also need to be recognized and accepted around the world. Part of doing that, I believe, is that standards development processes need to be globalized, open to stakeholders around the world. I think ASTM International has done an excellent job in that regard, including using information and communications technology to facilitate remote participation and quick turnarounds in the standards development process.”ASTM Standardization News, March/April 2013

Ambassador Shaun E. Donnelly, vice president, investment and financial services, U.S. Council for International Business, and member of the ASTM board of directors

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Global Leadership

Antigua and BarbudaThe Antigua and Barbuda Bureau of Standards (ABBS) entered into a memorandum of understanding (MOU) with ASTM in 2013. ABBS was established to promote and encourage the maintenance of mandatory and voluntary standards in relation to goods, processes and practices in Antigua and Barbuda.

BhutanIn March, the Bhutan Standards Bureau (BSB) and ASTM International signed a memorandum of understanding. The agreement was signed by Phuntsho Wangdi, director general, Bhutan Standards Bureau, and James A. Thomas, president, ASTM International.

BoliviaAt a seminar on amusement ride safety held in La Paz, Bolivia, in August, IBNORCA, the national standards body of Bolivia, announced the acceptance of amusement ride safety standards developed by ASTM International Committee F24 on Amusement Rides and Devices. ASTM worked closely with IBNORCA to facilitate review of the official Spanish translation of the F24 standards.

ASTM Day at the Austrian Standards Institute in Vienna, from left: Rüdiger Wanzenböck and Karl Grün of ASI; James A. Thomas and Katharine Morgan of ASTM; and Elisabeth Stampfl-Blaha, Wolfgang Steigenberger, Markus Preuner and Andreas Cepnik, ASI.

James Seay, Franceen Gonzales, Gabriela Nino de Guzman, Alvaro del Castillo and Paulina Reyes (left to right) discuss amusement ride safety during a conference held in La Paz, Bolivia, on Aug. 23.

Austria“ASTM Day” was held Nov. 5 at the headquarters of the Austrian Standards Institute (ASI) in Vienna as part of the special event series, “Standards Around the World.” More than 50 ASTM standards are referenced in Austrian regulations and some 40 individuals from Austria participate on 23 different ASTM technical committees.

BrusselsWith ASTM members as well as customers located throughout Europe, ASTM opened a new Office of European Affairs in Brussels, Belgium, in 2013. The primary function of the office is to engage in outreach, raise awareness and connect with stakeholders.

CameroonASTM International signed its 85th memorandum of understanding with the Agence des Normes et de la Qualité (ANOR), the national standards body of Cameroon, on Oct. 30 at ASTM headquarters.

ChinaThe Standardization Administration of the People’s Republic of China (SAC) renewed its memorandum of understanding with ASTM in September at the SAC offices in Beijing.

A 14-member delegation comprising individuals engaged in manufacturing and exporting in the Zhejiang Province of China visited ASTM headquarters for four weeks of intensive training from Nov. 13 to Dec. 11. With a focus on renewable energy, the group attended the ASTM December committee week meetings and visited local corporations as well as a university.

CanadaFurther strengthening its presence in Canada, in 2013 ASTM International achieved accreditation by the Standards Council of Canada (SCC) and opened an office in Ottawa. ASTM has 1,400 members in Canada and 180 ASTM standards are referenced in Canadian federal legislation.

James. A. Thomas (left), ASTM president, introduces Sara Gobbi, ASTM director of European affairs, at the opening ceremony of ASTM’s Brussels office.

Left to right: Xiang Fanghuai, director, division of electrical industry and consumable products, SAC; Liu Fei, chief representative, ASTM China office; Teresa Cendrowska, vice president, global cooperation, ASTM; Yu Xinli, vice administrator, SAC; LI Yubing, deputy director general, SAC; Fan Chunmei, international cooperation, SAC; and Wang Junwei, director, division of transportation and energy resources, SAC.

John Walter (left), CEO of the Standards Council of Canada, presents the certificate of SCC accreditation to Diane Thompson, director of ASTM’s Canada office.

Shown from left to right: Teresa Cendrowska, vice president, global cooperation, ASTM; Charles Booto à Ngon, managing director, ANOR; James A. Thomas, president, ASTM; Guy Aimé Fondja, head of international cooperation, ANOR; and James Olshefsky, director, external relations, ASTM.

EgyptMaha S.E.D. Mohamed, a mechanical engineer and general manager of technical and international relations at the Egyptian Organization for Standardization and Quality (EOS) in Cairo, was one of three standards experts to visit ASTM headquarters in the fall of 2013.


FranceASTM Committee C26 on Nuclear Fuel Cycle held technical committee meetings and a workshop in Avignon, France, in June. In addition to the committee meetings, ASTM member and workshop chair Bertrand Morel led visits to two sites operated by the nuclear energy company AREVA, where he serves as R&D manager. In 2012, ASTM launched a nuclear portal, containing all the latest information relevant to ASTM’s 150 standards covering the field.

GermanyIn April, ASTM held an “Aviation Committee Week” in conjunction with AERO Friedrichshafen 2013, Europe’s largest trade show for general aviation. Meetings and a workshop were held in connection with ASTM technical Committees F37 on Light Sport Aircraft, F39 on Aircraft Systems and F44 on General Aviation Aircraft. In addition, with a strong European presence attending meetings, ASTM Committee D24 on Carbon Black met in Garmisch in January, and Subcommittee D02.J0 on Aviation Fuels held its May meeting in Berlin to coincide with meetings of the International Air Transport Association.

IraqAn Iraqi delegation participating in the Commercial Attaché Training of Trainers Program met with ASTM staff on Nov. 5 in Washington, D.C. More than 75 ASTM International standards have been either referenced or used as the basis of national standards in Iraq. ASTM signed an MOU with the Iraq Central Organization for Standardization and Quality Control (COSQC) in 2005.

Officials from the foreign economic relations department in Iraq’s Ministry of Trade met with James Olshefsky, director, external relations, ASTM (fifth from left), during a training program in Washington, D.C.

MexicoThe Alliance for Training and Research Infrastructure for the Development of Mexico AC (FiiDEM) and ASTM International conducted the workshop, “Improving the Quality and Management of Water Resources,” at the College of Civil Engineers of Mexico in Mexico City on Sept. 25. Attendees represented 12 companies, five government agencies, four colleges and five professional organizations. ASTM’s Mexico representative, Luis Ordonez, met with the U.S. ambassador during July 4 festivities in Mexico City. From left to right are Ordonez, Ambassador E. Anthony Wayne and Lourdes Ordonez.

Global Leadership

KoreaChang-ae Cho, a standards executive from the Korean Agency for Technology and Standards (KATS), spent nine months at ASTM

headquarters as an international staff “attachment” studying the public/private partnership of standards development that exists in the United States. Chang worked closely with several ASTM technical committees and made site visits to companies that use ASTM standards. KATS and ASTM entered into an MOU in 2006.

HaitiIn June, ASTM signed a memorandum of understanding (MOU) with the Haitian Bureau of Standards (BHN). BHN produces and implements Haitian standards, manages quality certifications, and represents Haiti internationally regarding standardization and metrology. The MOU was signed by Michele B. Paultre, director, BHN, and James A. Thomas, president, ASTM International.

PhilippinesEmmaline C. Vitug from Manila spent one month at ASTM headquarters as a visiting standards expert. Vitug is the officer in charge,

Standards Development Division, Bureau of Product Standards, and head of the National WTO-TBT Enquiry Point for the Department of Trade and Industry of the Philippines.

RussiaMore than 900 ASTM standards have either been adopted or referenced in new and revised standards from the Federal Agency on Technical Regulating and Metrology of the Russian Federation (GOST-R) as Russia continues to transition from its previous system of mandatory standards to newly updated regulations and voluntary standards.

QatarThe Qatar National Library (QNL) has entered into the first countrywide license agreement with ASTM International. Through the agreement, employees of all government departments, students and teaching staff of all academic institutions, and the staff of all state-owned and private corporations working in Qatar have access to the ASTM Standards and Engineering Digital Library (SEDL). ASTM standards are used extensively in Qatar within the carbon and construction industries, and they are commonly referenced in academic institutions. At year’s end, 196 companies in Qatar had registered and gained access to the technical information.

Sierra LeoneIn July, ASTM International entered into an MOU with the Sierra Leone Standards Bureau (SLSB). The MOU was signed by James Saio Dumbuya, executive director, SLSB, and James A. Thomas, president. ASTM International.

Trans-Atlantic Business Council (TABC)ASTM joined the TABC to further connect with the business community on transatlantic cooperation and trade issues. TABC is a cross-sectional business association representing 70 global companies, many of which actively participate in ASTM standards development.

Trinidad and TobagoNadita V. Ramachala was one of three visiting standards experts in 2013. Ramachala, an electrical engineer, serves as the acting

head of the Standardization Division of the Trinidad and Tobago Bureau of Standards (TTBS).

TurkeyASTM’s Jeff Grove, vice president, global policy and industry affairs (far right), presented at a November international symposium sponsored by the Turkish Standards Institution (TSI) on the “Effects of Standardization on the Global Economy.” TSI and ASTM are MOU partners, and more than 900 ASTM standards serve as the basis of Turkish national standards or are referenced in regulations. TSI has also participated in the ASTM Standards Expert Program.

United KingdomIn April, ASTM Committee E55 on Manufacture of Pharmaceutical Products held its technical committee meetings in Suffolk, U.K., and in July, Committee F42 on Additive Manufacturing Technologies held its meetings in Nottingham. Also in July, ASTM President James A. Thomas met with Malcolm Harbour, a member of the European Parliament for West Midlands, and chairman of the European Parliament Internal Market and Consumer Protection Committee, during Transatlantic Week 2013 in Washington D.C.

Nick Ecart, ASTM director, international sales, and Claudia Lux, project director, Qatar National Library, sign ASTM-Qatar licensing agreement.

ASTM International Offices:BeijingBrussels*Mexico CityOttawa*Washington, DCW. Conshohocken, PA* New in 2013


Executives have two choices: Position their organization to take a seat at the table and be a part of the standardization process, or let their competitors, both foreign and domestic – the government – dictate the way they will be doing business.” ASTM Standardization News, November/December 2013

James Pauley, senior vice president, external affairs and government relations, Schneider Electric, and ANSI chairman of the board

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Additive ManufacturingASTM and the National Additive Manufacturing Innovation Institute (NAMII) signed an MOU outlining the cooperation between the two organizations for the development of ASTM standards in the area of additive manufacturing. NAMII will participate in and provide technical content to ASTM Committee F42 on Additive Manufacturing Technologies for the development of ASTM standards for additive manufacturing and 3D printing.

Also in 2013, the first two standards approved through a Partner Standards Development Organization agreement between Committee F42 and the International Organization for Standardization (ISO) Technical Committee 261 on Additive Manufacturing were approved. The standards are ISO/ASTM 52921 (terminology) and 52915 (file format). In addition, Committee F42 also issued ASTM F3001, Standard Specification for Additive Manufacturing Titanium-6 Aluminum-4 Vanadium ELI (Extra Low Interstitial) with Powder Bed Fusion.

Proficiency TestingTwo new Proficiency Testing Programs (PTP) were launched in 2013: Diesel Exhaust Fluid Testing (sponsored by Committee D15 on Engine Coolants and Related Fluids) and Octane Testing (sponsored by Committee D02 on Petroleum Products, Liquid Fuels and Lubricants). There were a total of 46 PTPs in 2013, with participation from 95 countries.

Interlaboratory StudiesA total of 107 new and revised studies were registered in 2013 in ASTM’s Interlaboratory Study (ILS) Program, bringing the total number of active studies to 332 by year’s end. The ILS Program assists ASTM technical committees in fulfilling the requirement that every test method be accompanied by a precision and bias statement that is supported by interlaboratory test data and fully documented in a Research Report. In 2013, 61 newly developed precision statements were balloted for inclusion in their respective standards.

A Leading Technical Resource

Aviation Personnel CertificationIn 2013, the National Center for Aerospace and Transportation Technologies (NCATT) became part of ASTM International in providing industry-recognized personnel certifications for aviation and aerospace technicians. The agreement will provide global expansion of NCATT’s seven personnel certification programs, which have resulted in more than 1,200 certifications and endorsements.

The new ASTM Compass provides access to ASTM content in one platform, including standards, training, engineering publications, translations and more. With a subscription, the entire staff of an enterprise or organization can instantly connect to the ASTM informational materials they need. Special features include tools for adding notes, images and attachments; color-coded highlighting that identifies changes to standards; translated standards; work groups; and access to the thousands of papers and books in the ASTM Standards and Engineering Digital Library (SEDL).

Cement and Concrete Reference Laboratory (CCRL) The Cement and Concrete Reference Laboratory (CCRL) was created in 1929 by ASTM Committee C01 on Cement to improve the quality of construction materials testing. CCRL provides programs and services that individual labs can use to differentiate themselves from less qualified competitors and that specifiers can use to find labs that truly provide the testing capabilities they need to support construction projects. There are two core programs:

CCRL Laboratory Inspection Program, which provides direct evidence of a laboratory’s ability to perform ASTM test methods. In 2013, there were 725 laboratories where onsite inspections were performed.

CCRL Proficiency Sample Program, which provides participating labs with the opportunity to compare their results with those of other labs by testing samples of the same material. In 2013, 8,140 samples (approximately 435 tons) were sent to 1,713 laboratories.

Built Environment Advisory CommitteeASTM’s newly formed Built Environment Advisory Committee (BEAC), which comprises members from more than 20 ASTM technical committees related to the built environment, began its work in March 2013 when several projects were identified. Initial efforts may involve collaboration with the American National Standards Institute (ANSI) Energy Efficiency Standardization Coordination Collaborative and the National Institute of Building Sciences (NIBS) proposed National Performance-Based Design Guide for Buildings.

Redesigned WebsiteA new version of the ASTM website debuted in August. The clean and modern redesign features simplified top navigation, reorganized sections, consistent styling and colors, and a new and improved search function.


We have audited the accompanying consolidated financial statements of the American Society for Testing and Materials and subsidiaries (the “Society”), which comprise the consolidated statements of financial position as of December 31, 2013 and 2012 and the related consolidated statements of activities and cash flows for the years then ended, and the related notes to the consolidated financial statements.

Management’s responsibility for the financial statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Society’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Society’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the American Society for Testing and Materials and subsidiaries as of December 31, 2013 and 2012, and the changes in their net assets and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

Report of Independent Certified Public Accountants

Board of Directors American Society for Testing and Materials

Philadelphia, PennsylvaniaApril 1, 2014

Consolidated Statements of Financial PositionDecember 31, 2013 and 2012

2013 2012

ASSETS

Cash and cash equivalents $ 7,129,651 $ 4,791,472

Accounts receivable, less allowance for doubtful accounts of $125,000 in 2013 and 2012 5,664,986 4,823,049

Interest receivable 173,952 144,671

Royalties receivable 5,290,966 5,873,019

Investments

General investment fund 205,846,015 172,655,648

Committee funds 360,532 1,471,334

Other - short-term 21,623,803 13,685,282

Inventories 1,596,502 1,387,301

Property and equipment, net 15,582,622 15,639,161

Prepaid pension asset 22,549,186 -

Other assets 812,516 772,959

Total assets $ 286,630,731 $ 221,243,896

LIABILITIES AND NET ASSETS

Accounts payable and accrued liabilities $ 3,693,209 $ 3,262,952

Deferred income 9,684,875 9,696,055

Pension liability 3,332,340 5,685,389

Postretirement benefit liability 3,578,322 3,698,635

Other liabilities 499,821 579,849

Total liabilities 20,788,567 22,922,880

Net assets

Unrestricted

Undesignated 170,069,788 109,963,674

Designated - general 92,430,500 85,267,700

262,500,288 195,231,374

Temporarily restricted 3,341,876 3,089,642

Total net assets 265,842,164 198,321,016

Total liabilities and net assets $ $286,630,731 $ $221,243,896

The accompanying notes are an integral part of these consolidated financial statements.

24 2013 ASTM International Annual Report 25

Consolidated Statements of ActivitiesYears ended December 31, 2013 and 2012

2013 2012

Changes in unrestricted net assets

Operating revenues

Publication sales $ 43,209,427 $ 39,754,000

Proficiency test program and samples 8,092,796 7,648,708

Interest and dividends 3,125,907 3,991,501

Members’ administrative fees 2,161,727 2,143,384

Inspection fees 3,159,647 2,342,853

Technical and professional training and symposia workshops 1,628,282 1,598,593

Contributions 447,811 191,828

Other 705,819 652,484

62,531,416 58,323,351

Net assets released from restrictions 535,403 530,770

Total operating revenues 63,066,819 58,854,121

Operating expenses

Society office 36,963,731 35,670,428

Cost of publications 4,028,818 4,020,401

Building occupancy 3,825,626 3,309,563

Administrative 1,849,506 2,030,973

Proficiency test program and samples 2,210,247 1,922,812

Technical and professional training and symposia workshops 1,065,365 1,061,756

Awards, contracts and other expenses 685,903 530,770

Total operating expenses 50,629,196 48,546,703

Excess of operating revenues over operating expenses 12,437,623 10,307,418

Other revenues and expenses

Board meeting - outside headquarters expense (148,859) (418,441)

European representation expense - (151,673)

Legal, copyright and strategy (720,399) -

Gain on sale of property 4,855,250 -

Net realized gains on sale of investments 11,482,975 6,074,406

Net unrealized appreciation in fair value of investments 16,007,516 8,358,364

Pension and postretirement benefit changes 23,354,808 (1,036,240)

Total other revenues and expenses 54,831,291 12,826,416

Increase in unrestricted net assets 67,268,914 23,133,834

Changes in temporarily restricted net assets

Contributions 479,408 472,969

Interest and dividends 68,570 39,734

Net unrealized depreciation in fair value of investments (75,750) (7,069)

Other 315,409 466,947

787,637 972,581

Net assets released from restrictions (535,403) (530,770)

Increase in temporarily restricted net assets 252,234 441,811

Changes in net assets 67,521,148 23,575,645

Net assets at beginning of year 198,321,016 174,745,371

Net assets at end of year $ 265,842,164 $ 198,321,016


NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2013 and 2012

NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES1. General DescriptionThe American Society for Testing and Materials, a.k.a. ASTM International, is a nonprofit organization that provides a forum for producers, users, consumers, and other industry representatives to meet and produce standards for materials, products, systems, and services.

ASTM International’s wholly-owned subsidiary, ASTM International LLC (collectively, the “Society”), was formed as a representative office with the Chinese government. ASTM International LLC is organized as a limited liability company under the laws of the State of Delaware, with the Society as the sole member.

2. Principles of Consolidation The consolidated financial statements include the accounts of ASTM International and its wholly-owned subsidiaries, ASTM International LLC and ASTM International EU LLC. All significant intercompany accounts and transactions have been eliminated.

3. Net Assets The majority of the Society’s net assets are unrestricted. As reflected in the accompanying consolidated statements of financial position, the Society’s Board of Directors has designated a portion of the unrestricted net assets (Note F).

Temporarily restricted net assets represent unexpended amounts contributed by donors for specific standard-setting initiatives. As donor restrictions are satisfied (related expenses are incurred), these amounts are reflected in revenue as net assets released from restrictions.

4. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

5. Income Taxes The Society is a tax-exempt entity under the Internal Revenue Code (“IRC”) Section 501(c)(3). Accordingly, the Society does not pay income taxes. The Society is no longer subject to U.S. federal

Consolidated Statements of Cash FlowsYears ended December 31, 2013 and 2012

2013 2012

Cash flows from operating activities

Changes in net assets $ 67,521,148 $ 23,575,645

Adjustments to reconcile changes in net assets to cash and cash equivalents provided by operating activities

Bad debt expense 166,965 197,996

Depreciation and amortization 3,153,037 2,614,435

Gain on sale of property (4,855,250) -

Pension and postretirement benefit changes (23,354,808) 1,036,240

Net realized gains on sale of investments (11,482,975) (6,074,406)

Net unrealized appreciation in fair value of investments (15,931,766) (8,351,301)

Changes in certain assets and liabilities

Accounts receivable (1,008,902) (494,519)

Interest receivable (29,281) 67,867

Royalties receivable 582,053 38,230

Inventories (209,201) (104,855)

Other assets (39,557) (914)

Accounts payable and accrued liabilities 430,257 (220,726)

Deferred income (11,180) 1,225,049

Pension liability (1,757,424) 1,402,920

Postretirement benefit liability 89,684 71,187

Other liabilities (80,028) 112,559

Net cash and cash equivalents provided by operating activities 13,182,772 15,095,407

Cash flows from investing activities

Purchases of investments (88,585,517) (129,700,786)

Proceeds from sale of investments 75,982,172 119,461,286

Capital expenditures (3,979,193) (3,673,120)

Proceeds from sale of property 5,737,945 -

Net cash and cash equivalents used in investing activities (10,844,593) (13,912,620)

Net increase in cash and cash equivalents 2,338,179 1,182,787

Cash and cash equivalents, beginning of year 4,791,472 3,608,685

Cash and cash equivalents, end of year $ 7,129,651 $ 4,791,472



NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continuedand state tax examinations for years prior to 2010.

The Society accounts for the effect of any uncertain tax positions based on a “more likely than not” threshold applied to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. The Society has identified its tax status as a 501(c)(3) tax-exempt entity and as a limited liability company (for ASTM International LLC and ASTM International EU LLC) as tax positions. The Society does not believe its consolidated financial statements include any material uncertain tax positions.

6. Revenue Recognition Revenue is recognized when it is realized or realizable and earned. The Society considers revenue realized or realizable and earned when it has persuasive evidence of an arrangement, delivery has occurred, the sales price is fixed or determinable, and collectability is reasonably assured. Delivery does not occur until products have been shipped or picked up by the customer, risk of loss has transferred to the customer, and either customer acceptance has been obtained, customer provisions have lapsed, or the Society has objective evidence that the criteria specified in the client acceptance provisions have been satisfied. The sales price is not considered to be fixed or determinable until all contingences (if any) related to the sale have been resolved.

Publication sales include sales of publications, publication subscriptions and intellectual property (“IP”). Publication and publication subscription sales are recognized as income when the publications are shipped. Revenue related to web subscription downloads is generally billed in advance, and is deferred and recognized ratably over the term of the subscription. Royalties from the sale of IP are recognized upon receipt or estimate of royalty statements submitted by the IP resellers in accordance with contractual terms. Income from royalties represents 50% and 48% of publication sales for the years ended December 31, 2013 and 2012, respectively. Of the royalties received in 2013 and 2012, 68% and 69%, respectively, were derived from one IP reseller. As of December 31, 2013 and 2012, this IP reseller accounted for 86% of royalties receivable for both years.

Income from the proficiency test program and samples is recognized when the samples are shipped.

Inspection fees are recognized as income when the related inspections are completed.

Members’ administrative fees are recognized as revenues throughout the calendar year. A portion thereof is collected in advance and is reflected in deferred income in the accompanying consolidated statements of financial position.

Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net realized gains and losses on sale of investments and net unrealized depreciation and appreciation in fair value of investments includes the Society’s gains and losses on investments bought and sold, as well as held during the year.

Income from technical or professional training and symposia workshops are recognized upon completion of the course/workshop. The Society records contributions of cash and promises-to-give as revenue, when they are received unconditionally, at their fair value. Conditional promises-to-give are recognized when the conditions are substantially met.

7. Measure of Operations In the consolidated statements of activities, the Society has defined a measure of operations that considers all revenues and expenses that are an integral part of its programs and supporting activities to be related to operations. It is the Society’s policy to budget for and classify interest and dividends as operating income. Net realized gains and losses on sale of investments and net unrealized appreciation and depreciation in fair value of investments is not budgeted and, therefore, not included in operations.

8. Cash Equivalents The Society considers all highly liquid investments, except for those held for long-term investment, with maturities of three months or less when purchased to be cash equivalents.

9. Accounts Receivable Accounts receivable are stated at unpaid balances, less an allowance for doubtful accounts. The Society provides for losses on accounts receivable using the allowance method. The allowance is based on experience and other circumstances, which may affect the ability of customers to meet their obligations. Receivables are considered impaired if full principal payments are not received in accordance with the applicable terms. It is the Society’s policy to charge off uncollectible accounts receivable when management determines the receivable will not be collected. The amount of expected impairment is based on management’s best estimate.

10. Inventories Inventories consist of reference radiographs, five-year adjuncts, and purchased and donated oil, all of which are stated at average cost.

11. Property and Equipment Property and equipment are stated at cost. Depreciation and amortization are determined by the straight-line method. Estimated useful lives for purposes of depreciation and amortization are 25 years for building, 10 years for land and building improvements, 5 to 10 years for furniture and fixtures, and 3 years for equipment and computer software.

Expenditures for maintenance and repairs are charged to expense as incurred. Renewals and betterments are capitalized.

12. Investments Investments are reported at their fair value, as required by U.S. GAAP. Investment income is presented net of custodial and investment counselor fees of approximately $1,088,000 and $889,000 in the years ended December 31, 2013 and 2012, respectively. Realized gains and losses are determined by specific identification of the security sold.

13. Asset Impairment Long-lived assets consist primarily of property and equipment. The recoverability of long-lived assets is evaluated by an analysis of operating results and operations of other significant events or changes in the business environment. If indications exist of asset impairment, the carrying amount of the long-lived assets is reduced to its estimated fair value. There was no impairment loss during the years ended December 31, 2013 and 2012.

14. Shipping and Handling Costs Freight billed to customers is considered publication sales or other revenues, depending on the product. For the years ended December 31, 2013 and 2012, total freight billed to customers amounted to approximately $898,000 and $876,000, respectively, of which approximately $357,000 and $386,000, respectively, is

included in publication sales and approximately $541,000 and $490,000, respectively, is included in revenue from proficiency test program and samples. The related total freight costs for the years ended December 31, 2013 and 2012 amounted to approximately $1,443,000 and $1,679,000, respectively, of which approximately $984,000 and $1,046,000, respectively, is recorded to cost of publications and approximately $459,000 and $633,000, respectively, is recorded to Society office expenses.

15. Committee Members A number of committee members of the Society have made significant investments of time to the development of the Society’s standards. The value of this time, conservatively estimated by management at $61,700,000 for both 2013 and 2012, does not meet the criteria for recognition of contributed services for financial reporting purposes and, accordingly, is not reflected in the accompanying consolidated financial statements.

16. ReclassificationsCertain accounts in the prior year consolidated financial statements have been reclassified for comparative purposes to conform to the presentation in the current year consolidated financial statements. These reclassifications had no impact on total assets, total liabilities or net assets.

NOTE B - INVESTMENTS Investments as of December 31, 2013 and 2012 are as follows:

2013 2012

Money market funds $ 27,313,208 $ 19,884,806

Corporate bonds 440,703 1,180,663

U.S. government and agencies 13,283,592 19,230,226

Mutual funds - fixed income 44,094,709 43,225,563

Common stocks 113,713,802 83,074,476

Alternative investments:

Structured products 23,212,590 14,463,229

Hedge funds 4,537,381 5,258,697

Private equity 1,234,365 1,494,604

$ 227,830,350 $ 187,812,264

The Society’s investment policy targets the following investment allocation: 10-60% fixed income securities, 20-80% equity securities, 0-20% cash equivalents, 0-50% real estate and 0-30% other.

NOTE C - PROPERTY AND EQUIPMENT

December 31,

2013 2012

Land and land improvements $ 3,444,808 $ 4,363,471

Building and building improvements 12,716,558 12,460,145

Furniture and fixtures, equipment and computer software 31,018,602 27,305,246

47,179,968 44,128,862

Less accumulated depreciation and amortization (31,597,346) (28,489,701)

$ 15,582,622 $ 15,639,161

Depreciation and amortization related to the property and equipment was $3,153,037 and $2,614,435 for the years ended December 31, 2013 and 2012, respectively.

NOTE D - PENSION AND OTHER POSTRETIREMENT BENEFITS The Society’s pension plan (“Pension Plan”) is a noncontributory defined benefit pension plan for employees meeting certain age and service criteria. The Society’s policy is to fund, at least, amounts sufficient to meet the minimum funding provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”). Pension benefits are primarily based upon the earnings of the participant over the previous five-year period. Participants are fully vested after five years of service.

Investment allocation decisions are made based on the percentages established in the Pension Plan’s investment policy, which is determined by the Society’s Benefit and Compensation Committee. The Pension Plan’s investment policy targets the following investment allocations: 15-70% fixed income securities, 30-70% equity securities, 0-20% cash and cash equivalents and 0-30% other. The investment policy and strategy for the Pension Plan assets have established guidelines for an asset mix that provides long-term capital appreciation, with a secondary objective of moderate income generation. The guidelines attempt to reduce volatility by allocating assets in varying amounts among investment instruments.

The Society has a Supplemental Executive Retirement Plan (“SERP”) to provide supplemental retirement benefits. This plan is a noncontributory defined benefit plan. Costs are determined by an actuary annually. On a voluntary basis, the Society has set aside a certain amount of investments to informally fund the SERP obligation. As of December 31, 2013 and 2012, approximately $4,076,000 and $3,030,000, respectively, of general investment funds were included in the consolidated statements of financial position to informally fund the SERP obligation.

In addition to providing pension benefits, the Society provides certain postretirement health benefits (“Postretirement Benefits”) for retirees and employees who were employed before May 19, 1993. The premiums for postretirement health benefits for the eligible employees were frozen as of May 31, 1995. The coverage under this plan does not affect Medicare. Medicare will maintain its current share of medical costs under this plan.

The actuarial cost method used to compute funded levels for each plan is the projected unit credit actuarial cost method. The measurement dates for the plans’ respective plan assets and obligations are December 31, 2013 and 2012.

The Financial Accounting Standards Board (“FASB”) requires organizations to: (1) fully recognize, as an asset or liability, the overfunded or underfunded status of defined benefit pension and other postretirement benefit plans; (2) recognize changes in the funded status through other changes in unrestricted net assets in the year in which the changes occur; (3) measure the funded status of defined benefit pension and other postretirement benefit plans as of the date of the organization’s fiscal year-end; and (4) provide enhanced disclosures.


NOTE D - PENSION AND OTHER POSTRETIREMENT BENEFITS - continued The following table summarizes information about the Pension Plan and SERP:

Years ended December 31,

2013 2012

Changes in projected benefit obligation

Benefit obligation, beginning of year $ 85,927,318 $ 75,318,896

Service cost 2,242,238 1,976,412

Interest cost 3,399,754 3,360,741

Plan amendments 218,165 -

Actuarial (gain) loss (12,423,072) 7,235,851

Benefits paid (5,116,395) (1,964,582)

Projected benefit obligation, end of year 74,248,008 85,927,318

Changes in plan assets

Fair value of plan assets, beginning of year 80,241,929 72,081,219

Actual investment return on plan assets 13,550,833 8,231,977

Contributions by the Society 4,862,796 1,968,000

Benefits paid (5,116,395) (1,964,582)

Administrative expenses (74,309) (74,685)

Fair value of plan assets, end of year 93,464,854 80,241,929

Funded status at year-end $ 19,216,846 $ (5,685,389)

Accumulated benefit obligation $ 67,582,697 $ 77,473,986

Amounts recognized in the consolidated statements of financial position consist of:

Prepaid pension asset $ 22,549,186 -

Pension liability $ (3,332,340) $ (5,685,389)

Components of net periodic benefit cost

Service cost $ 2,242,238 $ 1,976,412

Interest cost on projected benefit obligations 3,399,754 3,360,741

Expected return on plan assets (5,530,323) (4,970,799)

Amortization of prior service costs 54,426 25,451

Amortization of net loss 2,939,277 2,979,115

Net periodic benefit cost 3,105,372 3,370,920

Other changes in plan assets and benefit obligations recognized in other changes in unrestricted net assets consist of:

Prior service cost $ 218,165 $ -

Net actuarial (gain) loss (20,369,273) 4,049,358

Amortization of prior service cost (54,426) (25,451)

Amortization of net loss (2,939,277) (2,979,115)

Total recognized in other changes in unrestricted net assets (23,144,811) 1,044,792

Total recognized in net periodic benefit cost and other in unrestricted net assets $ (20,039,439) $ 4,415,712

December 31,

2013 2012

ASSUMPTIONS

Weighted-average assumptions used to determine the benefit obligation

Discount rates 5.00% 4.00%

Rates of increase in future compensation levels (Pension Plan) 3.00% 3.00%

Rates of increase in future compensation levels (SERP) 5.00% 5.00%

Weighted-average assumptions used in the accounting for net periodic benefit cost


Rates of increase in future compensation levels (Pension Plan) 3.00% 3.00%

Rates of increase in future compensation levels (SERP) 5.00% 5.00%

Expected long-term rate of return on plan assets (Pension Plan) 7.00% 7.00%

Expected long-term rate of return on plan assets (SERP) N/A N/A

Pension plan assets, which are measured at fair value, as of December 31, 2013 and 2012, are as follows:

2013 2012

Money market funds $ 2,896,151 $ 1,863,612

Corporate bonds 657,337 1,004,597

U.S. government and agencies 10,225,733 10,944,132

Mortgage-backed securities 215,690 222,343

Mutual funds - fixed income 18,474,700 21,257,482

Common stocks 55,451,893 40,233,948


Structured products 5,543,350 4,715,815

$ 93,464,854 $ 80,241,929

The Society’s expected long-term return on plan assets assumption is based on a periodic review and modeling of the plan’s asset allocation and liability structure over a long-term period. Expectations of returns for each asset class are the most important of the assumptions used in the review and modeling and are based on comprehensive reviews of historical data and economic/financial market theory. The expected long-term rate of return on assets was selected from within the reasonable range of rates determined by (1) historical real returns, net of inflation, for the asset classes covered by the investment policy and (2) projections of inflation over a long-term period, during which benefits are payable to plan participants.

The following table summarizes information about the other postretirement plans:

Years ended December 31,

2013 2012

Changes in projected benefit obligation

Benefit obligation, beginning of year $ 3,698,635 $ 3,636,000

Service cost 36,400 31,774

Interest cost 148,193 150,070

Actuarial (gain) loss (163,548) 16,082

Benefits paid (141,358) (135,291)

Projected benefit obligation, end of year 3,578,322 3,698,635

Changes in plan assets

Fair value of plan assets, beginning of year $ - $ -

Contributions by the Society 141,358 135,291

Benefits paid (141,358) (135,291)

Fair value of plan assets, end of year $ - -

Funded status at year-end $ (3,578,322) $ (3,698,635)

Amounts recognized in the consolidated statements of financial position consist of:

Postretirement benefit liability $ (3,578,322) $ (3,698,635)

Components of net periodic benefit cost

Service cost $ 36,400 $ 31,774

Amortization of net loss 46,449 24,634

Interest cost on projected benefit obligations 148,193 150,070

Net periodic benefit cost 231,042 206,478

Other changes in plan assets and benefit obligations recognized in other changes in unrestricted net assets consist of:

Net actuarial (gain) loss (163,548) 16,082

Amortization of net gain (46,449) (24,634)

Total recognized in other changes in unrestricted net assets (209,997) (8,552)

Total recognized in net periodic benefit cost and other in unrestricted net assets $ 21,045 $ 197,926

December 31,

2013 2012

ASSUMPTIONS

Weighted-average assumptions used to determine the benefit obligation


Weighted-average assumptions used in the accounting for net periodic benefit cost


The following table presents the Society’s expected contributions to be paid during the year ended December 31, 2013:

Pension benefits

Postretirement benefits

Expected contributions to be paid during the year ending December 31, 2014 $ - $ 183,350

The following table presents the estimated future annual benefit payments reflecting expected future service for the years ending December 31:

Pension benefits

Postretirement benefits

2014 $ 2,517,000 $ 183,350

2015 3,050,000 187,000

2016 3,210,000 191,000

2017 3,380,000 194,000

2018 3,613,000 199,000

2019-2023 21,821,000 1,074,000

NOTE E - TAX SHELTERED SAVINGS PLAN The Society maintains a Tax Sheltered Savings Plan (“TSSP”) under IRC Section 403(b) covering substantially all employees from the date of hire. The Society contributes 75% of a participant’s contribution to the TSSP of the first 6% of salary deferral contributions not to exceed 4.5% of gross earnings. The Society’s contribution, net of forfeitures used, to the TSSP for the years ended December 31, 2013 and 2012, was approximately $571,000 and $550,000, respectively, and is included in Society office operating expenses.

NOTE F - NET ASSETS AND NET ASSETS RELEASED FROM RESTRICTIONS The Society’s Board of Directors unrestricted, designated - general net assets consist of the following as of December 31, 2013 and 2012:

2013 2012

Legal reserve $ 5,000,000 $ 1,000,000

Capital building fund 25,000,000 25,000,000

Publication technology upgrades reserve 5,000,000 5,000,000

Upgrade of association and business system reserve 3,000,000 3,000,000

Website upgrade reserve 5,000,000 5,000,000

One-year operating expense reserve 49,430,500 46,267,700

$ 92,430,500 $ 85,267,700


NOTE F - NET ASSETS AND NET ASSETS RELEASED FROM RESTRICTIONS - continued

Temporarily restricted net assets are available for the following purposes at December 31, 2013 and 2012:

2013 2012

Scholarship award funds $ 203,332 $ 203,471

Standard-setting initiatives 3,138,544 2,886,171

$ 3,341,876 $ 3,089,642

At December 31, 2013 and 2012, the composition of net assets released from restrictions on the consolidated statements of activities was as follows:

2013 2012

Grants $ - $ 3,704

Scholarship award funds 1,090 1,082

Standard-setting initiatives 534,313 525,984

$ 535,403 $ 530,770

NOTE G - FINANCIAL MARKET AND CREDIT RISK The Society invests in a professionally managed portfolio that contains short-term investments, U.S. government issues, mutual funds (equities and fixed income), equities (U.S. and non-U.S.) and corporate fixed income. Such investments are exposed to various risks such as market and credit. Due to the level of risk associated with such investments, and the level of uncertainty related to changes in value of such investments, it is at least reasonably possible that changes in risk in the near term could materially affect investment balances and the amounts reported in the consolidated financial statements.

NOTE H - FUNCTIONAL EXPENSES The Society provides a variety of services, as described in Note A, related to standard-setting initiatives. Expenses related to providing these services are as follows for the years ended December 31, 2013 and 2012:

2013 2012

Standard-setting initiatives $ 43,783,728 $ 42,075,599

General and administrative 6,845,468 6,471,104

$ 50,629,196 $ 48,546,703

NOTE I - FAIR VALUE MEASUREMENTSFair Value MeasurementsThe Society has categorized its financial instruments, based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy in accordance with U.S. GAAP. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the hierarchy under U.S. GAAP are described below:Level 1

Financial assets and liabilities whose values are based on unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

Level 2 Financial assets and liabilities whose values are based on one or more of the following:1. Quoted prices for similar assets or liabilities in active

markets;

2. Quoted prices for identical or similar assets or liabilities in non-active markets;

3. Pricing models whose inputs are observable for substantially the full term of the asset or liability; or

4. Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full term of the asset or liability.

Level 3Financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable. These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability.

In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Society’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.

The following tables present information about the Society’s assets measured at fair value on a recurring basis as of December 31, 2013 and 2012, and indicate the fair value hierarchy of the valuation techniques utilized by the Society to determine such fair value.

Description

Quoted prices in active markets

(Level 1)

Significant other observable inputs

(Level 2)

Significant unobservable inputs

(Level 3) Total

2013

Assets

Investments

Money market funds $ 27,313,208 $ - $ - $ 27,313,208

Corporate bonds 440,703 - - 440,703

U.S. government and agencies 13,283,592 - - 13,283,592

Mutual funds - fixed income 44,094,709 - - 44,094,709

Common stocks 113,713,802 - - 113,713,802


Structured products - 23,212,590 - 23,212,590

Hedge funds - 4,537,381 - 4,537,381

Private equity - - 1,234,365 1,234,365

Total investments 198,846,014 27,749,971 1,234,365 227,830,350

Pension Plan assets

Money market funds 2,896,151 - - 2,896,151

Corporate bonds 657,337 - - 657,337


Mortgage-backed securities 215,690 - - 215,690


Common stocks 49,652,182 5,799,711 - 55,451,893



Total Pension Plan assets 82,121,793 11,343,061 - 93,464,854

$ 280,967,807 $ 39,093,032 $ 1,234,365 $ 321,295,204

Description

Quoted prices in active markets

(Level 1)

Significant other observable inputs

(Level 2)

Significant unob-servable inputs

(Level 3) Total

2012

Assets

Investments

Money market funds $ 19,884,806 $ - $ - $ 19,884,806

Corporate bonds 1,180,663 - - 1,180,663



Common stocks 83,074,476 - - 83,074,476



Hedge funds - 5,258,697 - 5,258,697

Private equity - - 1,494,604 1,494,604

Total investments 166,595,734 19,721,926 1,494,604 187,812,264

Pension Plan assets

Money market funds 1,863,612 - - 1,863,612

Corporate bonds 1,004,597 - - 1,004,597


Mortgage-backed securities 222,343 - - 222,343


Common stocks 35,405,976 4,827,972 - 40,233,948



Total Pension Plan assets 70,698,142 9,543,787 - 80,241,929

$ 237,293,876 $ 29,265,713 $ 1,494,604 $ 268,054,193


NOTE I - FAIR VALUE MEASUREMENTS - continued A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement.

Certain financial instruments are carried at cost on the consolidated statements of financial position, which approximates fair value due to their highly liquid nature. These instruments include cash equivalents, accounts receivable, interest receivable, royalties receivable, and accounts payable and accrued liabilities.

Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used as of December 31, 2013 and 2012.

Money market funds: Money market funds are valued based on stated values. These funds are valued at Level 1.

Corporate bonds: Corporate bonds are measured using quoted market prices multiplied by the quantity held when quoted market prices are observable. These investments are considered to be Level 1 in the hierarchy. If quoted market prices are not available, fair value is determined by obtaining a bid on the active market and/or using one, or a combination, of the following methods: (1) a matrix pricing for similar bonds; (2) quoted prices for recent trading activity of assets with similar characteristics to the bond; or (3) using an income approach valuation technique that considers, among other things, rates currently observed in publicly traded debt markets for debt of similar terms to companies with comparable credit risk. These investments are considered to be Level 2 in the hierarchy.

U.S. government and agencies: Treasury bonds related to the most recent issue (on-the-run securities) are valued at the issuance price. U.S. government sponsored enterprise (“GSE’s”) bonds are valued by obtaining a bid on the active market and/or using proprietary cash flow valuation models and matrix based on inputs such as live market data, cash settlements, Treasury market yields, and floating rate indices as reported on electronic communication networks or broker feeds. These investments are considered to be Level 1 in the hierarchy.

Mortgage-backed securities: Valued at the closing price reported on the active market on which the individual securities are traded. These investments are considered to be Level 1 in the hierarchy.

Mutual funds - fixed income: Valued at the closing price of the traded fund at the statement of financial position date. They are actively traded and categorized in Level 1 of the fair value hierarchy.

Common stocks: Valued at the closing price reported on the active market on which the individual securities are traded. To the extent these securities are actively traded, they are categorized in Level 1 of the fair value hierarchy. However, certain common stocks do not have quoted prices in active markets and are valued based on the net asset value (“NAV”) of the funds’ underlying assets. These underlying assets are primarily valued using market quotations or prices obtained from independent pricing sources. They are considered to be Level 2 in the hierarchy.

Alternative investments: Alternative investments consist of investments in various funds. These investments are aggregated into private equity, hedge funds and structured products based on their underlying investments. Generally, the fair value of such private equity and hedge fund investments is

determined using the NAV per share as a practical expedient. The structured product investments are valued using models with observable inputs including zero coupon bonds and the price of a commodity, equity or index. Hedge funds and structured notes are considered to be Level 2 in the fair value hierarchy. Private equity investments are considered to be Level 3 in the fair value hierarchy.

The following table is a rollforward of the fair value of the Level 3 investment for the years ended December 31, 2013 and 2012:

2013 2012

Balance, beginning of year $ 1,494,604 $ 1,603,419

Purchases 121,501 100,000

Refund of capital (719,447) (478,416)

Unrealized gains relating to investments still held as of year-end 337,707 269,601

Balance, end of year $ 1,234,365 $ 1,494,604

The Society’s Investment Committee, which consists of members of the Society’s senior management, is responsible for valuation policies and procedures for the Society’s Level 3 investments. They report to the Society’s Finance and Audit Committee, a committee within the Board of Directors. Interaction occurs formally on a biannual basis and informally as needed. The Investment Committee meets at least on a quarterly basis to evaluate the valuation methodology used for the Level 3 investments.

Fair value measurements of investments that calculate NAV, per share, or its equivalent as of December 31, 2013 and 2012 are as follows:

(a) This category includes investments in a 103-12 entity whose investment objective is to seek attractive long-term growth by investing, directly or indirectly, principally in a variety of global exchange-traded equity securities that are judged by the investment manager likely to achieve superior earnings growth and/or judged undervalued relative to intrinsic value. The fair value has been estimated using the NAV per share.

December 31, 2013

Fair value

Unfundedcommitments

Redemption frequency

Redemption notice period

Common stocks (a) $ 5,799,711 $ - monthly 10 days

Hedge funds (b) 4,537,381 - quarterly 90 days

Private equity (c) 1,234,365 1,946,219 none n/a

December 31, 2012

Common stocks (a) $ 4,827,972 - monthly 10 days

Hedge funds (b) 5,258,697 - quarterly 90 days

Private equity (c) 1,494,604 2,067,720 none n/a

League of Leaders(b) This category includes investments focused on multi-disciplinary

investing including, but not limited to, long/short fundamental equity, convertibles, risk arbitrage/special situations, capital structure arbitrage, credit, volatility strategies, distressed securities and private/less liquid investments. Investments are made directly or through fund allocations.

(c) This category includes various private equity funds of funds that invest in underlying limited partnerships. The recorded value represents the Society’s proportionate share of the NAV reported by the fund of funds. Fair values have been estimated using recent observable transaction information for similar transactions. These investments cannot be redeemed. Capital will be returned throughout the life of the funds as investments provide a cash flow stream or are liquidated.

NOTE J - OPERATING LEASE The Society leases space under the terms of an operating lease. The term of the lease is for fifteen years, beginning on November 7, 2011, and ending on November 30, 2026. There is an option to renew for two additional ten-year terms at the end of the fifteen-year period. The Society is a co-tenant with a third party; in the event of default by the third party, the Society could be held responsible for its co-tenant’s respective share of rental payments, which ranges from $146,000 to $201,000 annually over the next fifteen years.

Future annual minimum lease payments under the operating lease as of December 31, 2013 are approximately:

2014 $ 128,000

2015 131,000

2016 134,000

2017 138,000

2018 141,000

Thereafter 1,236,000

$ 1,908,000

The lease provides for the direct payment of taxes, insurance, and certain other expenses by the Society and its co-tenant.

The rent expense for the years ended December 31, 2013 and 2012, was $124,587 and $123,682, respectively.

NOTE K - SUBSEQUENT EVENTSThe Society evaluated its December 31, 2013, consolidated financial statements for subsequent events through April 1, 2014, the date the consolidated financial statements were available to be issued. The Society is not aware of any subsequent events which would require recognition or disclosure in the consolidated financial statements.

2013 W.T. Cavanaugh Memorial Award

In 2013, there were two awardees of the W.T. Cavanaugh Memorial Award, which commemorates W.T. Cavanaugh, chief executive officer of ASTM from 1970 to 1985. Greg B. Hale, P.E., chief safety officer and vice president of worldwide standards and auditing for Walt Disney

Parks and Resorts, received the award for his extraordinary contributions to amusement park safety through the development, promotion, implementation, harmonization and adoption of standards worldwide from ASTM Committee F24 on Amusement Rides and Devices.

Jack E. Parr, chairman and CEO of Extremity Innovations and president of Medical Technology Development, was honored for his longstanding distinguished leadership in promoting national and international standards for medical and surgical implants and materials. Parr chairs ASTM Committee F04

on Medical and Surgical Materials and Devices.

2013 Ronald H. Brown Standards Leadership Award

Catherine (Kitty) Pilarz, senior director of product safety at Mattel/Fisher-Price and 2011 chairman of the ASTM board of directors, received the 2013 Ronald H. Brown Standards Leadership Award. Named after the late U.S. Secretary of Commerce, the Ron Brown Award recognizes leadership in promoting

the important role of standardization in eliminating global barriers to trade. Pilarz was recognized for the outstanding contributions she has made to the development, promulgation and use of standards to ensure toy safety within ASTM Committee F15 on Consumer Products.

2013 Professor of the YearHaibin Ning, Ph.D., research assistant professor in the Department of Materials Science and Engineering at the University of Alabama at Birmingham, was named the 2013 ASTM Professor of the Year. Ning includes ASTM standards in his lectures, assignments and lab work, in addition to using standards in his own research. He is

a member of Committee D30 on Composite Materials.

League of Leaders


League of Leaders

Thomas J. Mach A01 on Steel, Stainless Steel and Related Alloys

Marcia A. DemerestA05 on Metallic-Coated Iron and Steel Products

Ramon OwenB05 on Copper and Copper Alloys

Michael Brandt B07 on Light Metals and Alloys

Paul E. StutzmanC01 on Cement

Michael J. TateC07 on Lime

Dilip C. JainC08 on Refractories

Ara A. JeknavorianC09 on Concrete and Concrete Aggregates

Oliver S. DeleryC13 on Concrete Pipe

Gordon H. HartC16 on Thermal Insulation

Christopher J. SassC24 on Building Seals and Sealants

Sonia S. BainD02 on Petroleum Products, Liquid Fuels and Lubricants

Steve A. HowellD02 on Petroleum Products, Liquid Fuels and Lubricants

Borjen YehD07 on Wood

Fred C. AlversonD15 on Engine Coolants and Related Fluids

Jeffrey A. FarrarD18 on Soil and Rock

Donivan R. PorterfieldD19 on Water

Harold E. YohnD20 on Plastics

2013 ASTM Award of Merit Recipients

The 2013 ASTM International board of directors, seated from left: Taco van der Maten, Steven M. Cramer, Donald L. Mays, Scott A. Colburn, Amy A. Costello, Robin E. Graves, S. Shyam Sunder; second row, from left: Dennis D. Rounds, Catherine H. Pilarz (past chairman), Kenneth F. Yarosh (past chairman), James A. Thomas (president), Mary C. McKiel (chairman), Thomas A. Schwartz (vice chairman), Kaphong Choi, Daniel S. Janikowski, Ralph M. Paroli; top row, from left: Ronald J. Ebelhar (chairman, finance and audit committee), Anthony W. Thornton, Dale F. Bohn, D. Thomas Marsh, Charles B. Sidebottom, Shaun E. Donnelly, Richard A. Peri, and Jeffrey S. Goldfinger.

Chairman of the Board

Mary C. McKiel, Ph.D.Standards Executive, U.S. Environmental Protection Agency

Vice Chairmen of the Board

Thomas A. SchwartzSenior Principal, President and Chairman of the Board, Simpson Gumpertz & Heger Inc.

Michael R. WithersVice President of Ride Engineering, Walt Disney Imagineering

Chairman of the Finance and Audit CommitteeRonald J. Ebelhar, Ph.D.Senior Principal, Terracon

2011-2013 DirectorsAmbassador Shaun E. DonnellyVice President for Investment and Financial Services, U.S. Council for International Business

D. Thomas MarshPresident, Centrotrade Minerals and Metals Inc.

Ralph M. Paroli, Ph.D. Director, National Research Council of Canada

Dennis D. RoundsManager, Multi-Award Task Order Contract, Morris Inc.

S. Shyam Sunder, Sc.D.Director of the Engineering Laboratory, National Institute of Standards and Technology

Anthony W. ThorntonDirector of Product Integrity and Performance and Senior Product Scientist, Micromeritics Instrument Corp.

2012-2014 DirectorsDale F. Bohn Quality Manager, Flint Hills Resources LP

Kaphong Choi President, Korea Testing Certification

Amy A. Costello Environmental Sustainability Manager, Armstrong World Industries Inc.

Steven M. Cramer, Ph.D.Associate Dean for Academic Affairs and Professor of Civil and Environmental Engineering, University of Wisconsin

Donald L. Mays Director of Product Safety, Deloitte & Touche LLP

Charles B. SidebottomPartner, PPO Standards

2013-2015 DirectorsScott A. Colburn, RNDirector of the Standards Program, Center for Devices and Radiological Health, U.S. Food and Drug Administration

Jeffrey S. GoldfingerOwner, Xtra Mile Enterprises

Robin E. Graves, Ph.D.Corporate Manager of Technical Services, Vulcan Materials Co.

Daniel S. JanikowskiTechnical Manager, Plymouth Tube Co.

Richard A. PeriVice President of Government and Industry Affairs, Aircraft Electronics Association

Taco van der MatenProduct Manager for X-ray Fluorescence Spectrometers, PANalytical

Past ChairmenKenneth F. YaroshGlobal Service Line Manager, Dow Corning Corp.

Catherine H. PilarzSenior Director, Mattel/Fisher-Price

PresidentJames A. ThomasASTM International

James A. JahnkeD22 on Air Quality

George A. JoyceD24 on Carbon Black

George R. KoernerD35 on Geosynthetics

Douglas GapenE01 on Analytical Chemistry for Metals, Ores and Related Materials

Bruce S. KaskelE06 on Performance of Buildings

Markus B. HeinimannE08 on Fatigue and Fracture

Mikhail A. Sokolov E10 on Nuclear Technology and Applications

Christopher N. McCowanE28 on Mechanical Testing

Frederick J. PassmanE34 on Occupational Health and Safety

Carlton G. Slough E37 on Thermal Measurements

Dennis D. RoundsE50 on Environmental Assessment, Risk Management and Corrective Action

Warren O. HaggardF04 on Medical and Surgical Materials and Devices

William A. EllsF13 on Pedestrian/Walkway Safety and Footwear

John W. KurtzF16 on Fasteners

Richard W. ConleyF17 on Plastic Piping Systems

Paul D. RomanF30 on Emergency Medical Services

Kevin A. SmithG01 on Corrosion of Metals

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