SAE Annual Report 2012 - 48

SAE INTERNATIONAL AND SUBSIDIARIES
Notes to the Consolidated Financial Statements (Continued)
Note 4 - Pledges Receivable
Pledges receivable consist of the following at December 31:
2012
Unrestricted pledges
Temporarily restricted pledges
Permanently restricted pledges
Gross receivables
Less: Unamortized discount
Less: Allowance for doubtful accounts
Net pledges receivable
Amounts due in
Less than one year
One to five years
2011
$ 546,741 $ 364,850
1,488,186
17,500
2,052,427
22,702
159,035
$1,870,690
571,792
1,729,654
20,000
2,114,504
25,326
159,035
$1,930,143
$1,298,898 $1,246,171
683,972
$1,870,690
$1,930,143
Unconditional promises to give due in more than one year are reflected at the present value
of estimated future cash flows using discount rates ranging from 1.7% to 4%.
Pledges from two organizations represent 89% of total pledge income in 2012. Pledges
receivable from these two donors comprise 35% of total pledges receivable at December 31,
2012.
Pledges receivable from a third organization comprise 32% of pledges receivable at
December 31, 2012 and 46% of pledges receivable at December 31, 2011.
Contributions from one donor accounted for 34% of 2012 total contributions.
Conditional pledges receivable consist of the following at December 31:
2012
Conditioned upon
Matching funds
Annual review and approval
2011
$ 44,500 $ 44,500
149,000
$ 193,500 $
150,000
194,500
48
Page 22

SAE Annual Report 2012

Table of Contents for the Digital Edition of SAE Annual Report 2012

SAE Annual Report 2012
Contents
Executive Message
Aerospace Sector
Automotive Sector
Commercial Vehicle Sector
Membership
Publishing
Aerospace Standards
Ground Vehicle Standards
Magazines and Books
Engineering Events and Meetings
Professional Development
Pre-professional Education
SAE Foundation
Performance Review Institute
Financial
Information
The Financial Message
Supplementary Information
2013 SAE International Board of Directors
Board of Directors
Executive Management Council
Affiliates and Sections
SAE International Business Partners
SAE Annual Report 2012 - SAE Annual Report 2012
SAE Annual Report 2012 - Cover2
SAE Annual Report 2012 - Contents
SAE Annual Report 2012 - 2
SAE Annual Report 2012 - Executive Message
SAE Annual Report 2012 - Aerospace Sector
SAE Annual Report 2012 - Automotive Sector
SAE Annual Report 2012 - Commercial Vehicle Sector
SAE Annual Report 2012 - Membership
SAE Annual Report 2012 - Publishing
SAE Annual Report 2012 - Aerospace Standards
SAE Annual Report 2012 - 10
SAE Annual Report 2012 - Ground Vehicle Standards
SAE Annual Report 2012 - Magazines and Books
SAE Annual Report 2012 - 13
SAE Annual Report 2012 - Engineering Events and Meetings
SAE Annual Report 2012 - Professional Development
SAE Annual Report 2012 - Pre-professional Education
SAE Annual Report 2012 - SAE Foundation
SAE Annual Report 2012 - Performance Review Institute
SAE Annual Report 2012 - Information
SAE Annual Report 2012 - The Financial Message
SAE Annual Report 2012 - 21
SAE Annual Report 2012 - 22
SAE Annual Report 2012 - 23
SAE Annual Report 2012 - 24
SAE Annual Report 2012 - 25
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SAE Annual Report 2012 - 60
SAE Annual Report 2012 - 61
SAE Annual Report 2012 - 62
SAE Annual Report 2012 - Supplementary Information
SAE Annual Report 2012 - 64
SAE Annual Report 2012 - 2013 SAE International Board of Directors
SAE Annual Report 2012 - Executive Management Council
SAE Annual Report 2012 - Affiliates and Sections
SAE Annual Report 2012 - SAE International Business Partners
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