2017-08-09T14:15:09-05:00 2016-12-31 731413977 HOGANTAYLOR LLP 2222 S UTICA PL SUITE 200 TULSA OK 741147002 990 2016-01-01 731329755 SEG FOUNDATION SEGF 9184975520 8801 SOUTH YALE AVENUE NO 500 TULSA OK 74137 DANA FALLETTI CHIEF FINANCIAL OFFICER 9184975500 2017-08-07 1 W LYNDEL LACKEY P00234298 9187452333 2017-08-07 24.249.102.217 2017-08-07 15:42:20 CD P 08C7F7F7F005894621E52F0C2F5F0661C73180F0 2C4F9CAEBFDF971FF7F00391351AF1164FB5E040 2016 2021-01-29 14:40:06Z DORSEY MORROW 8801 SOUTH YALE AVENUE NO 500 TULSA OK 74137 13364625 0 X WWW.SEG.ORG/WEB/FOUNDATION X 1987 OK ADVANCES GEOPHYSICS TODAY AND INSPIRES FUTURE GEOSCIENTISTS THROUGH FUNDING INNOVATIVE ACTIVITIES. 14 14 0 19 0 0 2209764 1134203 0 0 810826 970368 0 0 3020590 2104571 2526182 2111286 0 0 0 0 0 0 163215 750831 455003 3277013 2566289 -256423 -461718 23630084 22316336 476141 404662 23153943 21911674 X 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. 0 0 2111286 2111286 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. 2111286 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OK X X DANA FALLETTI 9184975520 8801 SOUTH YALE AVENUE SUITE 500 TULSA OK 74137 MAGNE REIERSGARD DIRECTOR 1.00 X 0 0 0 GLENN BEAR DIRECTOR 1.00 X 0 0 0 CUNG VU DIRECTOR 1.00 X 0 0 0 MIKE LOUDIN TREASURER 5.00 X X 0 0 0 JULIE HARDIE DIRECTOR 1.00 X 0 0 0 ANNA SHAUGHNESSY DIRECTOR 1.00 X 0 0 0 ROBERT TALLEY DIRECTOR 1.00 X 0 0 0 MIKE FORREST PRESIDENT 6.00 X X 0 0 0 PETER DUNCAN VICE PRESIDENT 1.00 X X 0 0 0 DAVID BARTEL DIRECTOR 1.00 X 0 0 0 CRAIG BEASLEY DIRECTOR 1.00 X 0 0 0 ARTHUR CHENG DIRECTOR 1.00 X 0 0 0 PETE CRAMER DIRECTOR 1.00 X 0 0 0 ERIK FINNSTROM DIRECTOR 1.00 X 0 0 0 DORSEY MORROW SECRETARY 0.50 39.50 X 0 223934 29011 DANA FALLETTI CFO 4.00 36.00 X 0 157284 21460 0 381218 50471 0 0 1 0 0 1134203 23500 1134203 427417 427417 11803005 11260054 542951 542951 542951 2104571 0 0 970368 2111286 2111286 131468 60698 70770 28069 28069 32400 23062 9338 116411 116411 28946 10019 18927 4433 4433 8556 6066 2490 54093 54093 1552 1552 928 928 MISCELLANEOUS 28258 28078 180 FOREIGN TAX 12178 12178 BANK CHARGES 7516 4539 2977 TEMPORARY SERVICES 188 188 7 7 2566289 2111286 291788 163215 375325 874900 3727897 869249 5682604 3485874 31748 14407 13651363 16926174 161147 145732 23630084 22316336 415 6967 475726 397695 476141 404662 X 3782315 4095859 7598479 5565815 11773149 12250000 23153943 21911674 23630084 22316336 X -461718 -30551 -750000 X X 0 1 X 1 0 X X X 1 SOCIETY OF EXPLORATION GEOPHYSICISTS 730555125 10 1 2111286 0 1 2111286 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B PER PAGE 1 OF SCHEDULE A, SOCIETY IS A 501(C)(6). AS STATED ON SCHEDULE O, THE SUPPORTED ORGANIZATION IS THE SOLE MEMBER OF THE SUPPORTING ORGANIZATION. PRACTICALLY, THE EXECUTIVE OFFICER OF BOTH THE SUPPORTED AND SUPPORTING ORGANIZATION IS THE SAME PERSON. AS SUCH, HE HAS ACCESS TO THE SUPPORTED ORGANIZATION'S FORM 990 INCLUDING ITS PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C PER PAGE 1 OF SCHEDULE A, SOCIETY IS A 501(C)(6). AS STATED ON SCHEDULE O, THE SUPPORTED ORGANIZATION IS THE SOLE MEMBER OF THE SUPPORTING ORGANIZATION. PRACTICALLY, THE EXECUTIVE OFFICER OF BOTH THE SUPPORTED AND SUPPORTING ORGANIZATION IS THE SAME PERSON. AS SUCH, HE CAN CONFIRM THAT THE INTERNAL CONTROLS ARE IN PLACE TO ENSURE FOUNDATION SUPPORT IS USED SOLELY FOR CHARITABLE PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131736 X X X 0 14316563 332051 899422 385845 111757 15273948 15271309 317062 -428746 721375 121687 14316563 15275650 265795 517136 698063 89209 15271309 12609407 1063059 2458286 289358 565744 15275650 11326878 183746 1334934 236151 12609407 0.18140 0.80200 0.01660 1 0 0 FOUNDATION PAYABLE TO SEG 397695 397695 1444120 -30551 120100 -750000 -660451 2104571 0 2104571 2686389 120100 120100 2566289 0 2566289 PART III, LINE 4: THE COLLECTIONS OF ART AND MUSEUM ARTIFACTS ARE INTENDED FOR PUBLIC EXHIBITION FOR PATRONS OF ALL AGES, FUTURE GENERATION PRESERVATION AND LOAN/EXCHANGE PROGRAMS, ALL OFFERING AN OPPORTUNITY TO DEVELOP A BETTER UNDERSTANDING AND APPRECIATION FOR GEOSCIENCE HISTORY. THIS COLLECTION WAS TRANSITIONED FROM MAJORITY ON-SITE DISPLAY TO MAJORITY ON-LOAN DISPLAYS DURING 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE PLEDGES -750,000. 1 SOCIETY OF EXPLORATION GEOPHYSICISTS 8801 SOUTH YALE TULSA OK 74137 730555125 501(C)(6) 2111286 MONETARY SUPPORT TO PROVIDE SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT AND STUDENT PROGRAMS. 0 1 PART I, LINE 2 GRANTS REQUIRE INVOICES FROM THE SUPPORTED ORGANIZATION PROVIDING THE SERVICES TO GRANT RECIPENTS. FOUNDATION PERSONNEL CONFIRM THAT ACTIVITIES ARE IN COMPLIANCE WITH DONOR RESTRICTIONS. 0 0 0 0 0 0 0 0 0 DORSEY MORROW SECRETARY 0 223434 0 500 0 0 0 10891 0 18120 0 252945 0 0 DANA FALLETTI CFO 0 156784 0 500 0 0 0 7972 0 13488 0 178744 0 0 SCHEDULE J, PART II, LINE 1(II), COLUMN (D) DORSEY MORROW LIFE INSURANCE: $360 LTD: $330 SCHEDULE J, PART II, LINE 2(II), COLUMN (D) DANA FALLETTI LIFE INSURANCE: $360 LTD: $356 FORM 990, PART VI, SECTION A, LINE 6 SECTION 3.1 OF THE BYLAWS STATE THAT, "THE SOLE MEMBER OF THE FOUNDATION SHALL BE THE SOCIETY OF EXPLORATION GEOPHYSICISTS, AN OKLAHOMA NOT FOR PROFIT CORPORATION (THE "SOCIETY"). THE SOCIETY SHALL BE REPRESENTED IN ALL MATTERS RELATING TO THE FOUNDATION BY THE PRESIDENT OF THE SOCIETY OR, IF THE PRESIDENT IS NOT AVAILABLE, A PERSON DESIGNATED BY THE EXECUTIVE COMMITTEE OF THE SOCIETY." FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE SOCIETY, WITH THE APPROVAL OF THE SOCIETY BOARD OF DIRECTORS, APPOINTS EACH MEMBER OF THE FOUNDATION BOARD OF DIRECTORS FOR A THREE YEAR TERM FROM A LIST OF THREE CANDIDATES RECOMMENDED BY THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING STAFF WORKING WITH THE AUDITOR PROVIDE AND REVIEW THE FORM 990 DATA AND INFORMATION. THE CHIEF FINANCIAL OFFICER REVIEWS AND APPROVES THE DRAFT 990, THEN PRESENTS IT TO THE AUDIT COMMITTEE FOR REVIEW. FOLLOWING THEIR REVIEW, THE AUDIT COMMITTEE PROVIDES A COPY OF THE DRAFT 990 TO THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ISSUES A WRITTEN CONFLICT OF INTEREST POLICY TO EACH NEW MEMBER ANNUALLY. THE MEMBER SIGNS A STATEMENT HE OR SHE HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS AND AGREES TO THE POLICY, AND UNDERSTANDS THE ACTIVITIES IN WHICH THE FOUNDATION MUST ENGAGE TO MAINTAIN THE ENTITY'S TAX-EXEMPT STATUS. DUE TO THE VOLUNTEER NATURE OF THE FOUNDATION'S GOVERNING BODY, ALL MUST DISCLOSE POTENTIAL CONFLICTS AND THE NATURE OF THE MEMBER'S INTEREST IN POTENTIAL TRANSACTIONS. THE IDENTIFIED CONFLICTS ARE CIRCULATED AMONGST THE BOARD OF DIRECTORS AND STATEMENTS FILED WITH THE EXECUTIVE DIRECTOR. MEMBERS OF THE GOVERNING BODY THAT ARE DETERMINED TO HAVE A CONFLICT OF INTEREST ARE EXCUSED FROM THE DISCUSSION AND PARTICIPATION OF MANAGING THOSE TRANSACTIONS. EMPLOYEES OF THE SOLE CONTROLLING MEMBER REVIEW THE CONFLICT OF INTEREST POLICY UPON HIRE AND MUST SIGN A SIMILAR STATEMENT AT THAT TIME. EMPLOYEES OF THE SOLE CONTROLLING MEMBER MUST IMMEDIATELY DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE IN ACCORDANCE WITH POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S IRS FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND CERTAIN GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSSES ON UNCOLLECTIBLE PLEDGES -750,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SOCIETY OF EXPLORATION GEOPHYSICISTS 8801 SOUTH YALE TULSA OK 74137 730555125 GEOPHYSICS OK 501(C)(6) N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 SOCIETY OF EXPLORATION GEOPHYSICISTS B 2111286 PROGRAM GRANTS BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS M 139892 EFFORT & EXPENSE BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS P 83591 FUNDRAISING EFFORT/EXP ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS P 84710 PROGRAM ADMIN BASED ON ACTUAL