Skip to content

Texas · Nonprofit

SPE FOUNDATION

SPE FOUNDATION (Texas) receives grants from 5 organizations whose IRS filings report $269,777 to it, the largest being CELANESE FOUNDATION ($225,000). 2 of them have funded it in more than one year.

Revenue FY2024
$660k
Funders on record
5
Grants received
$270k
Net assets
$10M
2/5 repeat funderspeak grant-dependency 15%
01What it does

What Spe Foundation does

Mission

Support the member programs of the society of petroleum engineers and provide scholarships to students pursuing an education in petroleum engineering.

As stated on its FY2024 Form 990.

Programs

  1. Contributions to the society of petroleum engineers to support member programs for the distinguished lecturer series, long range calendar re-write and technical webinars

    $325,000 spentof which $325,000 as grants
    70% of program spending
  2. Scholarships paid from the archie fund, nico van wingen fund, the imomoh fund, and don russell fund.

    $55,000 spentof which $55,000 as grants
    12% of program spending
  3. Management fee to spe inc for providing services in handling the scholarship committees and handling the various member programs.

    $81,100 spent
    18% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $461,100.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.

100 = 20192019 Revenue 100 ($646k) Expenses 100 ($996k) Net assets 100 ($12M)2020 Revenue 140 ($903k) Expenses 136 ($1.4M) Net assets 99 ($11M)2021 Revenue 98 ($635k) Expenses 108 ($1.1M) Net assets 100 ($11M)2022 Revenue 83 ($536k) Expenses 91 ($908k) Net assets 84 ($9.7M)2023 Revenue 111 ($719k) Expenses 109 ($1.1M) Net assets 81 ($9.3M)2024 Revenue 102 ($660k) Expenses 61 ($607k) Net assets 89 ($10M)
201920202021202220232024
Revenue (102)Expenses (61)Net assets (89)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $12M to $11M (−15%).

$12M
$11M
$12M
$11M
$10M
$11M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−$350k
’19
−$451k
’20
−$444k
’21
−$372k
’22
−$365k
’23
$54k
’24
5.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed353331313231
Joined·+1+2+3+1+1
No longer listed·34302
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $20k → $80k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SPE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SPE FOUNDATION leans on a few funders — its largest provides 83% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of SPE FOUNDATION's grant income comes from Texas funders.

OK
TX

In-state vs out-of-state, by year

’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $34k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like SPE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 19%Fundraising 5%

Governance

30
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

28%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for SPE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SPE FOUNDATION?
SPE FOUNDATION (Texas) receives grants from 5 organizations whose IRS filings report $269,777 to it, the largest being CELANESE FOUNDATION ($225,000). 2 of them have funded it in more than one year.
How many funders does SPE FOUNDATION have?
IRS filings report 5 organizations giving $269,777 in grants to SPE FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of SPE FOUNDATION?
CELANESE FOUNDATION is the largest funder on record, with $225,000 in grants. The full list of funders is on this page.
How can an organization like SPE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing