SAE Foundation Annual Report 2014 - BDO4


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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, 2014 and 2013, and the changes in its net assets and its cash flows for the years
then ended in conformity with accounting principles generally accepted in the United States of
America.

April 20, 2015

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Table of Contents for the Digital Edition of SAE Foundation Annual Report 2014

SAE Foundation Annual Report 2014 - Cover1
SAE Foundation Annual Report 2014 - Cover2
SAE Foundation Annual Report 2014 - 1
SAE Foundation Annual Report 2014 - 2
SAE Foundation Annual Report 2014 - 3
SAE Foundation Annual Report 2014 - 4
SAE Foundation Annual Report 2014 - 5
SAE Foundation Annual Report 2014 - 6
SAE Foundation Annual Report 2014 - 7
SAE Foundation Annual Report 2014 - 8
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SAE Foundation Annual Report 2014 - BDO1
SAE Foundation Annual Report 2014 - BDO2
SAE Foundation Annual Report 2014 - BDO3
SAE Foundation Annual Report 2014 - BDO4
SAE Foundation Annual Report 2014 - BDO5
SAE Foundation Annual Report 2014 - BDO6
SAE Foundation Annual Report 2014 - BDO7
SAE Foundation Annual Report 2014 - BDO8
SAE Foundation Annual Report 2014 - BDO9
SAE Foundation Annual Report 2014 - BDO10
SAE Foundation Annual Report 2014 - BDO11
SAE Foundation Annual Report 2014 - BDO12
SAE Foundation Annual Report 2014 - BDO13
SAE Foundation Annual Report 2014 - BDO14
SAE Foundation Annual Report 2014 - BDO15
SAE Foundation Annual Report 2014 - BDO16
SAE Foundation Annual Report 2014 - BDO17
SAE Foundation Annual Report 2014 - Cover3
SAE Foundation Annual Report 2014 - Cover4
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