SAE Foundation Annual Report 2017 - SAE-4

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Opinion
In our opinion, the financial statements referred to above present fairly, in all material
respects, the financial position of SAE Foundation (a division of SAE International) as of
December 31, 2017 and 2016, and the changes in its net assets and its cash flows for the years
then ended in accordance with accounting principles generally accepted in the United States of
America.

Pittsburgh, Pennsylvania
April 3, 2018

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SAE Foundation Annual Report 2017

Table of Contents for the Digital Edition of SAE Foundation Annual Report 2017

SAE Foundation Annual Report 2017
Contents
Independent Auditor’s Report
Statements of Financial Position
Statements of Activities and Changes in Net Assets
Statements of Cash Flows
Notes to the Financial Statements
SAE Foundation Annual Report 2017 - SAE Foundation Annual Report 2017
SAE Foundation Annual Report 2017 - 2
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SAE Foundation Annual Report 2017 - SAE-1
SAE Foundation Annual Report 2017 - Contents
SAE Foundation Annual Report 2017 - Independent Auditor’s Report
SAE Foundation Annual Report 2017 - SAE-4
SAE Foundation Annual Report 2017 - Statements of Financial Position
SAE Foundation Annual Report 2017 - SAE-6
SAE Foundation Annual Report 2017 - Statements of Activities and Changes in Net Assets
SAE Foundation Annual Report 2017 - SAE-8
SAE Foundation Annual Report 2017 - Statements of Cash Flows
SAE Foundation Annual Report 2017 - Notes to the Financial Statements
SAE Foundation Annual Report 2017 - SAE-11
SAE Foundation Annual Report 2017 - SAE-12
SAE Foundation Annual Report 2017 - SAE-13
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