Public Charity

SEG FOUNDATION

SEG FOUNDATION is a Public Charity headquartered in TULSA, OK. Financial data from the 2024 filing: $7.4M revenue, $2.0M expenses, $25.8M total assets. 26 publicly reported grants to this organization, totaling roughly $990K, appear in IRS filings.

EIN: 731329755 TULSA, OK Single Organization Support NTEE: U11 Latest filing: 2024
Total Revenue$7.4M
Total Expenses$2.0M
Total Assets$25.8M
Grant Records26
Funding Total$990K
Filing Years2019–2024

Mission

SEG FOUNDATION ADVANCES GEOPHYSICS TODAY AND INSPIRES GEOSCIENTISTS FOR TOMORROW THROUGH FUNDING INNOVATIVE ACTIVITIES AND GRANT PROGRAMS THAT BENEFIT GEOPHYSICISTS, THEIR PROFESSIONAL COMMUNITY AND THE SOCIETY OF EXPLORATION GEOPHYSICISTS AND THE GENERAL PUBLIC. TO PROVIDE SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT AND YOUTH OUTREACH ACTIVITIES THAT ADVANCE GEOPHYSICS, TRAIN GEOSCIENTISTS AND INTEREST YOUTH IN THE STUDY OF THE GEOSCIENCES.

Where $100 goes at Seg Foundation

How Seg Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$72 Programs the work itself
$19 Management running the organization
$9 Fundraising raising the next dollar

Inside the $72 for programs

$72
Seg Foundation funds scholarships, professional development and student and field grant programs through the society of exploration geophysicists that benefit geophysicists, their professional community, and the general public
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alan Huffman
DIRECTOR Alex Biholar
DIRECTOR Alison Small
DIRECTOR Andrea Lovatini
DIRECTOR Arthur Cheng
DIRECTOR Bill Abriel

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$703,992 19 grants
Education
$9,000 1 grant
Unspecified
$277,500 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.4M $2.0M $25.8M
2023 $84K $2.0M $21.2M
2022 $482K $2.2M $19.7M
2020 $2.5M $1.7M $26.4M
2019 $2.7M $2.5M $23.2M

Between 2019 and 2024, reported annual revenue grew from $2.7M to $7.4M (+176%), with total assets most recently reported at $25.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SEG FOUNDATION

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