EIN 75-1575590

Spe Foundation

Name: Spe Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Richardson

State

Texas

Year formed

1977

Most recent tax filings

2022-11-01

NTEE code, primary

U11: Science and Technology Single Organization Support

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

$535,963

2022

Total expenses

$908,360

2022

Total assets

$10,541,618

2022

Num. employees

2022

Program areas at Spe Foundation

Contributions to the society of petroleum engineers to support member programs for the distinguished lecturer series and sponsoring technical webinars.

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

Grantee	Grant description	Grant year	Amount
Society of Petroleum Engineers	Member Program Support	2022-11	$658,235

Who funds Spe Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Celanese Foundation	2022-12	Charitable Contribution	$80,000
Celanese Foundation	2022-12	Charitable Contribution	$80,000
Aesc Scholarship and Charitable Fund	2022-12	Operational Support	$24,442
...and 1 more grant received

Personnel at Spe Foundation

Name	Title	Date of data
Mark A. Rubin	Chief Executive Officer and Executive Vice President	2023-02-14
Steve Byrne	Chief Financial Officer	2023-10-10
Michelle Boyd	Chief Global Events Officer	2023-02-14
Glenda Smith	Vice President, Communications	2023-02-14
John Boden	Vice President, Information and Member Services	2023-02-14
...and 13 more key personnel

Financials for Spe Foundation

Revenues	FYE 11/2022	FYE 11/2021	% Change
Total grants, contributions, etc.	$118,325	$164,059	-27.9%
Program services	$0	$0	-
Investment income and dividends	$424,919	$378,963	12.1%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-7,281	$91,732	-107.9%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$535,963	$634,754	-15.6%

Form 990s for Spe Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-11	2024-10-14	990	View PDF
2022-11	2023-10-10	990	View PDF
2021-11	2022-04-14	990	View PDF
2020-11	2021-04-21	990	View PDF
2019-11	2021-02-19	990	View PDF
...and 9 more Form 990s

Organizations like Spe Foundation

Organization	Type	Location	Revenue
Mote Marine Foundation	501(c)(3)	Sarasota, FL	$569,929
Alcor Care Trust Supporting Organization	501(c)(3)	Scottsdale, AZ	$253,255
COMMS vNEXT	501(c)(3)	Lafayette, CO	$143,163
cagc Foundation	501(c)(3)	Charlotte, NC	$1,757,836
Sally K Ride Pto	501(c)(3)	The Woodlands, TX	$146,992
ICPI Foundation for Education and Research	501(c)(3)	Herndon, VA	$155,870
Hartland Robotics	501(c)(3)	Howell, MI	$146,369
Virginia Institute of Marine Science Foundation	501(c)(3)	Gloucester Point, VA	$1,978,461
Lamar Research Foundation	501(c)(3)	Beaumont, TX	$273,501
Reloop Americas Research Institute	501(c)(3)	Stanfordville, NY	$767,663

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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Spe Foundation

Program areas at Spe Foundation

Grants made by Spe Foundation

Who funds Spe Foundation

Personnel at Spe Foundation

Financials for Spe Foundation

Form 990s for Spe Foundation

Organizations like Spe Foundation

Nonprofits

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