This National Science Foundation (NSF) report, prepared by NSF's Division of Undergraduate Education (DUE), analyzes the role the Foundation plays in recognizing and supporting the critical function of community colleges in science, mathematics, engineering, and technology (SMET) education. The Foundation aims to improve and strengthen SMET programs for all students. Two-year colleges serve students with varying needs and goals, including: (1) those who intend to transfer to four-year colleges and universities; (2) those enrolled in technical and career-oriented programs; (3) underprepared students enrolled in developmental programs; and (4) students with advanced degrees who desire to change careers or seek professional advancement. The Advanced Technological Education (ATE) program was created primarily to serve two-year colleges and their academic and industrial partners. The ATE program is a major component of the NSF's support of two-year colleges. There are currently 12 ATE Centers of Excellence in the United States. Three of the centers focus on information technology, two on engineering technology, two on environmental technology, and one each on biotechnology, distance learning, marine technology, manufacturing, and microelectronics. The report includes NSF award data, including ATE awards, non-ATE awards, and awards co-funded by ATE. The report also includes selected examples of funded programs. (NB)