Mission
SUPPORT THE MEMBER PROGRAMS OF THE SOCIETY OF PETROLEUM ENGINEERS AND PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING AN EDUCATION IN PETROLEUM ENGINEERING.
Public Charity
SPE FOUNDATION
SPE FOUNDATION is a nonprofit organization categorized as Public Charity based in RICHARDSON, TX. Its most recent IRS filing (2024) reports revenue of $660K, expenses of $607K, total assets of $11.3M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $59K.
EIN: 751575590
RICHARDSON, TX
Latest filing: 2024
Total Revenue$660K
Total Expenses$607K
Total Assets$11.3M
Grant Records3
Funding Total$59K
Filing Years2020–2024
Where $100 goes at Spe Foundation
How Spe Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$88
Programs
the work itself
$11
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $88 for programs
$62
Contributions to the society of petroleum engineers to support member programs for the distinguished lecturer series, long range calendar re-write and technical webinars
$15
Management fee to spe inc for providing services in handling the scholarship committees and handling the various member programs
$11
Scholarships paid from the archie fund, nico van wingen fund, the imomoh fund, and don russell fund
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.
Sample Grants Received
GENERAL SUPPORT
$14,152
OPERATIONAL SUPPORT
$24,442
EDUCATION
$20,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
TRUSTEE
Dr Abdul Jaleel Al-Khalifa
TRUSTEE
Dr Behrooz Fattahi
TRUSTEE
Dr D Nathan Meehan
PAST PRESIDENT
Dr Egbert Imomoh
TRUSTEE
Dr Eve Sprunt
TRUSTEE
Dr Jeffrey Spath
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $660K | $607K | $11.3M |
| 2023 | $719K | $1.1M | $10.2M |
| 2022 | $536K | $908K | $10.5M |
| 2021 | $635K | $1.1M | $12.4M |
| 2020 | $903K | $1.4M | $11.5M |
Between 2020 and 2024, reported annual revenue declined from $903K to $660K (-27%), with total assets most recently reported at $11.3M.
Interactive year-over-year charts and full filing details available with membership.