EIN 73-1298684

American Association of Petroleum Geologists Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1986
Most recent tax filings
2023-06-01
Description
The American Association of Petroleum Geologists Foundation disseminates scientific knowledge in the field of geology. Its student scholarship program provides financial assistance to graduate students whose thesis research has application to the search for and development of petroleum and energy-min. The L. Austin Weeks Memorial Fund supports programs and projects that advance the science of petroleum geology, including the Geolegends video project and Geoscientists Without Borders. The foundation is located in Tulsa, OK.
Related structure
American Association of Petroleum Geologists Foundation is a subordinate organization under American Association of Petroleum Geologists.
Total revenues
$4,467,614
2023
Total expenses
$2,248,063
2023
Total assets
$62,354,420
2023
Num. employees
0
2023

Program areas at American Association of Petroleum Geologists Foundation

The l. austin weeks memorial fund is utilized to support programs and projects as determined by the Foundation trustees which advance the science of Petroleum geology. During the year, this fund supports the geolegends video project, geoscientists without borders, supplemental grant to distinguished lecturer activities, pioneering women geoscientist project, as well as geoforce and a digital immersive geology project.
The bulletin is the flagship technical journal of the American Association of Petroleum Geologists. Aapg Foundation provides funding to help support publishing the monthly issues of the bulletin.
The student scholarship program includes grants-in-aid providing financial assistance to graduate students (currently enrolled in masters or ph.d. programs) whose thesis research has application to the search for and development of Petroleum and energy-mineral resources and/or related to environmental geology issues. Additionally, the student scholarship program supports educational expenses of undergraduate geoscience students and the departments of their school or university through the l. austin weeks undergraduate program.
The aapg Foundation supports a diverse group of other programs including scholarships for military veterans to pursue an undergraduate degree in geology, support for the boy and girl scouts of america including the boy scout jamboree and merit badge program, award recognition for outstanding geoscientists, and subscriptions for certain universities to have electronic access to the datapages digital archives.
The distinguished lecture program reaches affiliated societies and universities around the world. The program assists with the expenses involved with providing distinguished geoscience lectures to speak before geological societies and university groups.

Grants made by American Association of Petroleum Geologists Foundation

GranteeGrant descriptionAmount
American Association of Petroleum GeologistsSupport of Aapg Bulletin$141,000
Seg FoundationGeoscientists Without Borders 2022 &$65,000
American Association of Petroleum GeologistsSupport of the Distinguished Lecturer Program$47,607
...and 6 more grants made

Who funds American Association of Petroleum Geologists Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$11,050

Personnel at American Association of Petroleum Geologists Foundation

NameTitleCompensation
David CurtissExecutive Director$0
David LangeDeputy Excutive Director$0

Financials for American Association of Petroleum Geologists Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,190,098
Program services$0
Investment income and dividends$2,310,711
Tax-exempt bond proceeds$0
Royalty revenue$52,925
Net rental income$-143,431
Net gain from sale of non-inventory assets$1,395,644
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-338,333
Total revenues$4,467,614

Form 990s for American Association of Petroleum Geologists Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-04-14990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 9, 2024
Updated personnel
Identified 21 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technologyEducationCommunity improvementBusiness and industry
Characteristics
Provides grantsConducts researchOperates internationallyState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 979
Tulsa, OK 74101
Metro area
Tulsa, OK
County
Tulsa County, OK
Website URL
foundation.aapg.org 
Phone
(918) 584-2555
IRS details
EIN
73-1298684
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U03: Science and Technology Professional Societies and Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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