EIN 75-1575590

Spe Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1977
Most recent tax filings
2023-11-01
Description
The Spe Foundation's mission is to support member programs and provide scholarships for students pursuing an education in petroleum engineering. The foundation contributes to the society of petroleum engineers by supporting member programs for the distinguished lecturer series and sponsoring technical webinars. In addition, a management fee is paid to Spe inc to handle scholarship committees and various member programs.
Also known as...
Society of Petroleum Engineers Trust
Total revenues
$719,076
2023
Total expenses
$1,083,862
2023
Total assets
$10,206,766
2023
Num. employees
0
2023

Program areas at Spe Foundation

Contributions to the society of petroleum engineers to support member programs for the distinguished lecturer series, long range calendar re-write and technical wbinars
Management fee to Spe inc for providing services in handling the scholarship committees and handling the various member programs.
Scholarships paid from the archie fund, nico van wingen fund, the imomoh fund, and don russell fund.

Grants made by Spe Foundation

GranteeGrant descriptionAmount
Society of Petroleum EngineersMember Program Support$831,309

Who funds Spe Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Celanese FoundationCharitable Contribution$80,000
Celanese FoundationCharitable Contribution$80,000
Aesc Scholarship and Charitable FundOperational Support$24,442
...and 1 more grant received

Personnel at Spe Foundation

NameTitleCompensation
Simon SeatonChief Executive Officer and Executive Vice President
Steve ByrneChief Financial Officer and Director
Michelle BoydChief Global Events Officer
Dana OtillioVice President , Marketing and Communications
John BodenVice President, Information and Member Services
...and 15 more key personnel

Financials for Spe Foundation

RevenuesFYE 11/2023
Total grants, contributions, etc.$103,552
Program services$0
Investment income and dividends$261,637
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$353,887
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$719,076

Form 990s for Spe Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-112024-10-14990View PDF
2022-112023-10-10990View PDF
2021-112022-04-14990View PDF
2020-112021-04-21990View PDF
2019-112021-02-19990View PDF
...and 9 more Form 990s
Data update history
February 4, 2024
Received grants
Identified 2 new grant, including a grant for $80,000 from Celanese Foundation
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $24,442 from Aesc Scholarship and Charitable Fund
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 3, 2023
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technologyEducation
Characteristics
Funds one specific organizationProvides grantsConducts researchEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
222 Palisades Creek Dr
Richardson, TX 75080
Metro area
Dallas-Fort Worth-Arlington, TX
County
Collin County, TX
Website URL
spe.org/en/ 
Phone
(972) 952-9393
IRS details
EIN
75-1575590
Fiscal year end
November
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U11: Science and Technology Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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