2014-08-14T12:41:37-05:00 2013-12-31 731413977 HOGANTAYLOR LLP 2222 S UTICA PL SUITE 200 TULSA OK 741147002 990 2013-01-01 731329755 SEG FOUNDATION SEGF 9184975520 8801 SOUTH YALE AVENUE NO 500 TULSA OK 74137 STEVEN DAVIS SECRETARY 9184975500 2014-08-13 1 W LYNDEL LACKEY P00234298 9187452333 2013 2015-11-30 17:44:51Z STEVEN DAVIS 8801 SOUTH YALE AVENUE NO 500 TULSA OK 74137 7865223 0 X WWW.SEG.ORG/WEB/FOUNDATION X 1987 OK ADVANCES GEOPHYSICS TODAY AND INSPIRES FUTURE GEOSCIENTISTS THROUGH FUNDING INNOVATIVE ACTIVITIES. 13 13 0 55 0 0 4719691 4387051 0 0 186752 763294 0 0 4906443 5150345 1852445 2211519 0 0 0 0 0 0 408414 761638 1341580 2614083 3553099 2292360 1597246 21721609 24877566 230597 366782 21491012 24510784 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 488172 447867 MERIT BASED SCHOLARSHIPS ARE AWARDED FROM VARIOUS FOUNDATION FUNDS TO STUDENTS DEMONSTRATING EXCELLENCE IN THEIR PURSUIT OF GEOSCIENCE MAJORS. 817071 765418 STUDENT (YOUTH) OUTREACH THROUGH PROGRAMS SUCH AS THE INTERNATIONAL SCIENCE AND ENGINEERING FAIR (ISEF), GEOSCIENCE SUMMER FIELD CAMPS, UNIVERSITY AND STUDENT PROGRAMS (MEMBERSHIP, REFERENCE LIBRARY, TRAVEL AND EDUCATIONAL OPPORTUNITIES). 1144088 998234 PROFESSIONAL DEVELOPMENT THROUGH CONFERENCES AND CLASSES FOR THE STUDY OF GEOPHYSICS. INCLUDES THE DEVELOPMENT OF A INTERNET WEBSITE FOR INFORMATION, PUBLICATIONS AND TRAINING IN THE GEOPHYSICS. 2449331 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 1 0 1 1 1 1 1 1 0 0 0 OK X DANA FALLETTI 9184975520 8801 SOUTH YALE AVENUE SUITE 500 TULSA OK 74137 DR THOMAS A SMITH CHAIRMAN 1.00 X 0 0 0 DOMINIQUE ROBERT VICE CHAIRMAN 1.00 X 0 0 0 FRANK D BROWN TREASURER 1.00 X 0 0 0 STEVEN DAVIS SECRETARY 0.10 39.90 X X 0 248346 22654 JEFF SPRINGMEYER DIRECTOR 1.00 X 0 0 0 MICHAEL C FORREST DIRECTOR 1.00 X 0 0 0 HANK HAMILTON DIRECTOR 1.00 X 0 0 0 DR ARTHUR C H CHENG DIRECTOR 1.00 X 0 0 0 DR PETER M DUNCAN DIRECTOR 1.00 X 0 0 0 ROBERT TALLEY DIRECTOR 1.00 X 0 0 0 SALLY GRIFFITHS ZINKE DIRECTOR 1.00 X 0 0 0 MIKE LOUDIN DIRECTOR 1.00 X 0 0 0 DR CUNG VU DIRECTOR 1.00 X 0 0 0 MAGNE REIERSGARD DIRECTOR 1.00 X 0 0 0 RICHARD BAILE DIRECTOR- EMERITUS 1.00 X 0 0 0 PETER PANGMAN DIRECTOR OF FOUNDATION 13.70 26.30 X 0 211598 10659 DANA FALLETTI DIRECTOR OF FINANCE 1.20 38.80 X 0 115838 0 PAUL ALLISON DEVELOPMENT DIRECTOR 39.20 0.90 X 0 131618 0 0 707400 33313 0 0 1 0 0 4387051 36047 4387051 292984 292984 3185188 2714878 470310 470310 470310 5150345 0 0 763294 1616389 1616389 247369 247369 347761 347761 410435 129647 280788 32000 32000 104203 104203 9999 7894 2105 27639 22293 580 4766 21434 7792 13642 36383 12504 569 23310 76389 18901 145 57343 1316 1316 1495 1283 212 BAD DEBT EXPENSE 575000 575000 STAFF RECRUITMENT 17100 17100 DUES & SUBSCRIPTIONS 12615 4053 110 8452 MISCELLANEOUS EXPENSES 10980 10980 4592 1445 2239 908 3553099 2449331 695354 408414 266162 91144 2563526 3848266 6641781 6646018 83419 16588 5333 3106 146302 14500 133117 131802 10502863 12778398 1525408 1362244 21721609 24877566 1013 17201 229584 349581 230597 366782 X 2219655 3861432 9059705 9412218 10211652 11237134 21491012 24510784 21721609 24877566 1597246 1422526 0 X 0 1 X 1 0 X X X X 0 0 0 SOC OF EXPL GEO 730555125 501(C)(6) 1 1 1 1289067 1 1289067 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131736 X X X 0 12609407 1063059 2458286 289358 565744 15275650 11326878 183746 1334934 236151 12609407 11544181 637262 -796639 57926 11326878 10853482 533469 378268 221038 11544181 10443862 230702 474666 295748 10853482 0.18200 0.73560 0.08240 1 0 14566 14500 66 131736 131736 131802 ALTERNATIVE INVESTMENTS 1332686 OTHER ASSETS 29558 1362244 FOUNDATION PAYABLE TO SEG 349581 349581 7062277 1422526 489406 1911932 5150345 0 5150345 4042505 489406 489406 3553099 0 3553099 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. 1 EUROPE 0 0 GRANTMAKING GWB 45000 EUROPE 0 0 GRANTMAKING FIELD CAMP 7077 EUROPE 0 0 GRANTMAKING SEP TRAVEL GRANTS 12519 EUROPE 0 0 GRANTMAKING SCHOLARSHIPS 35000 EUROPE 0 0 GRANTMAKING SLS TRAVEL GRANTS 16804 EUROPE 0 0 GRANTMAKING FOUNDATION TRAVEL GRANTS 14305 E. ASIA & PACIFIC 0 0 GRANTMAKING GWB 9260 E. ASIA & PACIFIC 0 0 GRANTMAKING FIELD CAMP 5416 E. ASIA & PACIFIC 0 0 GRANTMAKING CHALLENGE BOWL TRAVEL GRANTS 3052 E. ASIA & PACIFIC 0 0 GRANTMAKING SLS TRAVEL GRANTS 34531 E. ASIA & PACIFIC 0 0 GRANTMAKING FOUNDATION TRAVEL GRANTS 2630 AFRICA 0 0 GRANTMAKING FIELD CAMP 25000 N. AMERICA 0 1 GRANTMAKING FIELD CAMP 7077 N. AMERICA 0 1 SCHOLARSHIPS SEP TRAVEL GRANTS 3699 N. AMERICA 0 1 GRANTMAKING SCHOLARSHIPS 22000 N. AMERICA 0 1 GRANTMAKING SLS TRAVEL GRANTS 3344 N. AMERICA 0 1 GRANTMAKING FOUNDATION TRAVEL GRANTS 2689 RUSSIA 0 0 GRANTMAKING SEP TRAVEL GRANTS 14900 RUSSIA 0 0 GRANTMAKING SLS TRAVEL GRANTS 11823 SOUTH AMERICA 0 0 GRANTMAKING SEP TRAVEL GRANTS 45098 SOUTH AMERICA 0 0 GRANTMAKING SLS TRAVEL GRANTS 5469 SOUTH AMERICA 0 0 GRANTMAKING FOUNDATION TRAVEL GRANTS 2451 SUB-SAHARA AFRICA 0 0 GRANTMAKING CHALLENGE BOWL TRAVEL GRANTS 3691 SUB-SAHARA AFRICA 0 0 GRANTMAKING SLS TRAVEL GRANTS 2310 SOUTH ASIA 0 0 GRANTMAKING SLS TRAVEL GRANTS 8653 MIDDLE EAST & AFRICA 0 0 GRANTMAKING SLS TRAVEL GRANTS 3963 0 0 0 5 0 5 145381 202380 347761 EUROPE GWB GRANT 45000 CHECK E. ASIA & PACIFIC GWB GRANT 9260 CHECK N. AMERICA FIELD CAMP 7077 CHECK AFRICA FIELD CAMP 5000 WIRE E. ASIA & PACIFIC FIELD CAMP 5416 WIRE EUROPE FIELD CAMP 7077 WIRE AFRICA FIELD CAMP 20000 WIRE 7 SEP TRAVEL GRANTS RUSSIA 13 14900 WIRE TRANSFER SEP TRAVEL GRANTS EUROPE 14 12519 WIRE TRANSFER SEP TRAVEL GRANTS SOUTH AMERICA 30 45098 WIRE TRANSFER SEP TRAVEL GRANTS NORTH AMERICA 2 3699 WIRE TRANSFER CHALLENGE BOWL TRAVEL GRANTS E. ASIA & PACIFIC 1 3052 WIRE TRANSFER CHALLENGE BOWL TRAVEL GRANTS SUB-SAHARA AFRICA 2 3691 WIRE TRANSFER SCHOLARSHIPS EUROPE 4 35000 WIRE TRANSFER SCHOLARSHIPS N. AMERICA 3 22000 WIRE TRANSFER SLS TRAVEL GRANTS NORTH AMERICA 2 3344 WIRE TRANSFER SLS TRAVEL GRANTS EUROPE 9 16804 WIRE TRANSFER SLS TRAVEL GRANTS E. ASIA & PACIFIC 13 34531 WIRE TRANSFER SLS TRAVEL GRANTS SOUTH AMERICA 2 5469 WIRE TRANSFER SLS TRAVEL GRANTS RUSSIA 5 11823 WIRE TRANSFER SLS TRAVEL GRANTS SOUTH ASIA 4 8653 WIRE TRANSFER SLS TRAVEL GRANTS MIDDLE EAST & AFRICA 2 3963 WIRE TRANSFER SLS TRAVEL GRANTS SUB-SAHARA AFRICA 1 2310 WIRE TRANSFER FOUNDATION TRAVEL GRANTS NORTH AMERICA 3 2689 WIRE TRANSFER FOUNDATION TRAVEL GRANTS EUROPE 6 14305 WIRE TRANSFER FOUNDATION TRAVEL GRANTS E. ASIA & PACIFIC 1 2630 WIRE TRANSFER FOUNDATION TRAVEL GRANTS SOUTH AMERICA 1 2451 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: TRAVEL GRANTS ARE APPLIED TO TRAVEL ARRANGEMENTS COMPLETED BY THE GRANTOR. SCHOLARSHIPS ARE PAID DIRECTLY TO UNITED STATE UNIVERSITIES ON BEHALF OF THE STUDENT RECIPIENTS. FOREIGN RECIPIENTS OF SCHOLARSHIPS AND FIELD CAMPS MAY RECEIVE FUNDS DIRECTLY WHEN DEEMED NECESSARY TO INSURE RECIEPT. 1 LELAND STANFORD JUNIOR UNIVERSITY 3145 PORTER DRIVE PALO ALTO CA 94304 941156365 501(C)(3) 20000 GWB GRANT UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION 453B F PAUL ANDERSON TOWER LEXINGTON KY 40509 616033693 501(C)(3) 25000 GWB GRANT COLORADO SCHOOL OF MINES FOUNDATION 1500 ILLINOIS STREET GOLDEN CO 80401 840509064 501(C)(3) 7078 FIELD CAMP UNIVERSITY OF TEXAS AT AUSTIN 1001 BURNETT ROAD BLDG 196 AUSTIN TX 78758 746000203 N/A 10100 FIELD CAMP PURDUE UNIVERSITY 550 STADIUM MALL DRIVE WEST LAFAYETTE IN 47907 356002041 N/A 20000 FIELD CAMP GEOPHYSICAL SOCIETY OF HOUSTON 14811 ST MARYS LANE SUITE 204 HOUSTON TX 77079 742171855 501(C)(3) 12000 GSH MUSEUM SUPPORT AWARD SEG DISC PROGRAM 8801 S YALE SUITE 500 TULSA OK 74137 730555125 501(C)(6) 376293 EDUCATION SEG ONLINE PROGRAM 8801 S YALE SUITE 500 TULSA OK 74137 730555125 501(C)(6) 380692 ONLINE MEMBER BENEFITS 6 8 SCHOLARSHIPS 34 203182 ISEF INDIVIDUAL 4 3712 TRAVEL GRANTS SEP - HOUSTON 18 24070 TRAVEL GRANTS - SLS 12 15244 TRAVEL GRANTS - FOUNDATION 2 1161 PART I, LINE 2 GRANTS FOR PROJECTS OF MERIT AND FIELD CAMPS REQUIRE INVOICES FROM THE INSTITUTIONS PROVIDING THE SERVICES TO GRANT RECIPIENTS. TRAVEL GRANTS ARE APPLIED TO TRAVEL ARRANGEMENTS COMPLETED BY THE GRANTOR. SCHOLARSHIPS ARE PAID DIRECTLY TO THE UNIVERSITIES ON BEHALF OF THE STUDENT RECIPIENTS. 1 0 0 0 0 0 0 0 0 STEVEN DAVIS SECRETARY 0 248346 0 0 0 0 0 22654 0 0 0 271000 0 0 PETER PANGMAN DIRECTOR OF FOUNDATION 0 116690 0 0 0 94908 0 10659 0 0 0 222257 0 0 PART I, LINE 4A PETER PANGMAN'S SEVERANCE AMOUNT FOR 2013 WAS $94,908. X 3 36047 FAIR MARKET VALUE 0 0 0 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 SECTION 4.1 OF THE BYLAWS STATE THAT, "UPON THE EXPIRATION OF THE TERM OF EACH MEMBER OF THE BOARD OF DIRECTORS, THE PRESIDENT OF THE SOCIETY SHALL APPOINT THE DIRECTORS OF THE FOUNDATION FOR A TERM OF THREE (3) CALENDAR YEARS FROM A LIST OF THREE (3) CANDIDATES RECOMMENDED BY THE FOUNDATION'S BOARD OF DIRECTORS AND THE SOCIETY'S EXECUTIVE COMMITTEE. ANY DIRECTOR OR FORMER DIRECTOR MAY BE REAPPOINTED BY THE PRESIDENT OF THE SOCIETY FOR ANY NUMBER OF CONSECUTIVE TERMS." FORM 990, PART VI, SECTION B, LINE 11 THE ACCOUNTING STAFF WORKING WITH THE AUDITOR PROVIDE AND REVIEW THE FORM 990 DATA AND INFORMATION. THE DIRECTOR, FINANCE 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 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 INTERST ARE EXCUSED FROM THE DISCUSSION AND PARTICIPATION OF MANAGING THOSE TRANSACTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION POSTS ITS ANNUAL AUDITED FINANCIAL STATEMENTS, BYLAWS AND LISTS OF MEMBERS OF THE BOARD OF DIRECTORS AND VARIOUS COMMITTEES ON ITS WEBSITE FOR PUBLIC ACCESS. FORM 990, PART VII PETER PANGMAN - 7434 S. COLLEGE PL, TULSA, OK 74136. 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 0 0 1 0 0 1 0 0 0 SOCIETY OF EXPLORATION GEOPHYSICISTS B 1289067 PROGRAM GRANTS BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS M 489406 EFFORT & EXPENSE BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS P 294430 FUNDRAISING EFFORT/EXP ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS P 169440 PROGRAM ADMIN BASED ON ACTUAL