2013-11-11T17:10:37-06:00 2012-12-31 731413977 HOGANTAYLOR LLP 2222 S UTICA PL SUITE 200 TULSA OK 741147002 990 2012-01-01 731329755 SEG FOUNDATION SEGF 9184875500 8801 SOUTH YALE AVENUE NO 500 TULSA OK 74137 STEVEN DAVIS 9184975500 2013-10-17 1 ALAN R SCHMITZ P00168987 9187452333 2012 2016-03-07 17:11:31Z STEVEN DAVIS 8801 S YALE AVE STE 500 TULSA OK 74137 10211058 0 X WWW.SEG.ORG/WEB/FOUNDATION X 1987 OK ADVANCES GEOPHYSICS TODAY AND INSPIRES FUTURE GEOSCIENTISTS THROUGH FUNDING INNOVATIVE ACTIVITIES. 12 12 0 51 0 0 3358953 4719691 0 0 258118 186752 0 0 3617071 4906443 2127001 1852445 0 0 0 0 0 0 237800 609904 761638 2736905 2614083 880166 2292360 19369630 21721609 1365573 230597 18004057 21491012 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 355655 355655 MERIT BASED SCHOLARSHIPS ARE AWARDED FROM VARIOUS FOUNDATION FUNDS TO STUDENTS DEMONSTRATING EXCELLENCE IN THEIR PURSUIT OF GEOSCIENCE MAJORS. 664904 664904 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). 831886 831886 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. 1852445 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 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 1.00 0.00 X X 0 0 0 DOMINIQUE ROBER 1.00 0.00 X X 0 0 0 FRANK D BROWN 1.00 0.00 X X 0 0 0 STEVEN DAVIS 1.00 39.00 X X 0 262068 22099 JEFF SPRINGMEYER 1.00 0.00 X 0 0 0 MICHAEL C FORREST 1.00 0.00 X 0 0 0 HANK HAMILTON 1.00 0.00 X 0 0 0 DR ARTHUR C H CHENG 1.00 0.00 X 0 0 0 DR PETER M DUNCAN 1.00 0.00 X 0 0 0 ROBERT TALLEY 1.00 0.00 X 0 0 0 SALLY GRIFFITHS ZINKE 1.00 0.00 X 0 0 0 MIKE LOUDIN 1.00 0.00 X 0 0 0 DR CUNG VU 1.00 0.00 X 0 0 0 RICHARD BAILE 1.00 0.00 X 0 0 0 PETER PANGMAN 10.00 30.00 X 0 183026 16369 NANCY CARTER 10.00 30.00 X 0 178848 10488 0 623942 48956 0 1 1 0 0 4719691 11029 4719691 268906 268906 5222461 5304615 -82154 -82154 -82154 4906443 -82154 0 268906 1052838 1052838 593842 593842 205765 205765 305395 130738 174657 10757 8156 2601 82039 82039 55312 52262 3050 19986 17330 2656 14551 7388 7163 39451 25347 14104 60624 33276 27348 2253 2253 BAD DEBT EXPENSE 151000 151000 DUES & SUBSCRIPTIONS 10415 4194 6221 9855 9855 2614083 1852445 523838 237800 3365891 2829688 6162511 6641781 139470 83419 2409 5333 146302 13185 134758 133117 8118609 10502863 1445982 1525408 19369630 21721609 210114 1013 1155459 229584 1365573 230597 X 1514368 2219655 6522147 9059705 9967542 10211652 18004057 21491012 19369630 21721609 2292360 1194595 0 X X 0 1 X 1 0 X X X X 0 0 0 SOC OF EXPL GEO 730555125 501(C)(6) 1 1 1 852973 1 852973 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 11326878 183746 1334934 236151 12609407 11544181 637262 -796639 57926 11326878 10853482 533469 378268 221038 11544181 10443862 230702 474666 295748 10853482 9061910 2384735 -671424 331359 10443862 0.14770 0.80980 0.04250 1 0 146302 13185 133117 133117 ALTERNATIVE INVESTMENTS 1494922 OTHER ASSETS 30486 1525408 X 6707955 1194595 606917 1801512 4906443 0 4906443 3221000 606917 606917 2614083 0 2614083 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ACCOUNTING FOR INCOME TAXES MAY, AT TIMES, INVOLVE SOME DEGREE OF UNCERTAINTY AND, AS SUCH, LEAD TO UNCERTAIN TAX POSITIONS HAVING BEEN TAKEN. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 8450 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES- GRANTMAKING GEOSCIENTISTS WITHOUT BORDERS 84600 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES- GRANTMAKING FIELD CAMPS 24700 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 9000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES- GRANTMAKING FIELD CAMPS 11690 RUSSIA & THE NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 9300 RUSSIA & THE NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICES- GRANTMAKING FIELD CAMPS 7050 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 4950 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES- GRANTMAKING FIELD CAMPS 20000 NORTH AMERICA 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 21525 SOUTH ASIA 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 3500 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES- GRANTMAKING SCHOLARSHIPS 1000 0 0 0 0 0 0 159740 46025 205765 SUB-SAHARAN AFRICA FIELD CAMPS 20000 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) FIELD CAMPS 16700 WIRE TRANSFER EAST ASIA AND THE PACIFIC FIELD CAMPS 8350 WIRE TRANSFER 0 3 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 5 8450 WIRE TRANSFER SCHOLARSHIPS RUSSIA & THE NEWLY INDEPENDENT STATES 6 9300 WIRE TRANSFER SCHOLARSHIPS NORTH AMERICA 15 21525 WIRE TRANSFER SCHOLARSHIPS EAST ASIA AND THE PACIFIC 7 9000 WIRE TRANSFER SCHOLARSHIPS SOUTH ASIA 3 3500 WIRE TRANSFER SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 1000 WIRE TRANSFER SCHOLARSHIPS SUB-SAHARAN AFRICA 3 4950 WIRE TRANSFER 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: 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 UNIVERSITY OF HOUSTON 4800 CALHOUN RD HOUSTON TX 77004 746001399 N/A 53200 GEOSCIENTISTS WITHOUT BORDERS GRANT; FIELD CAMP BOISE STATE UNIVERSITY WEST YALE LANE BOISE ID 83706 820290701 N/A 44000 GEOSCIENTISTS WITHOUT BORDERS GRANT SOUTHERN METHODIST UNIVERSITY 6425 BOAZ LANE DALLAS TX 75205 750800689 501(C)(3) 55349 GEOSCIENTISTS WITHOUT BORDERS GRANT COLORADO SCHOOL OF MINES 1500 ILLINOIS STREET GOLDEN CO 80401 840509064 N/A 10000 FIELD CAMP UNIVERSITY OF TEXAS AT AUSTIN 1 UNIVERSITY STATION AUSTIN TX 78712 746000203 N/A 15000 FIELD CAMP PURDUE UNIVERSITY 610 PURDUE MALL WEST LAFAYETTE IN 47907 356002041 N/A 10000 FIELD CAMP NORTHERN ILLINOIS UNIVERSITY 231 N ANNIE GLIDDEN RD DEKALB IL 60115 366086819 N/A 9330 FIELD CAMP SEG DISC PROGRAM 8801 S YALE SUITE 500 TULSA OK 74137 730555125 501(C)(6) 233339 EDUCATION SEG ONLINE PROGRAM 8801 S YALE SUITE 500 TULSA OK 74137 730555125 501(C)(6) 306651 ONLINE MEMBER BENEFITSONLINE MEMBER BENEFITSVARIOUS 7 2 SCHOLARSHIPS 58 295904 ISEF INDIVIDUALS 7 6000 TRAVEL GRANTS SLS 61 22400 TRAVEL GRANTS SEP 78 26015 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 237863 0 24205 0 0 0 22099 0 0 0 284167 0 0 PETER PANGMAN 0 180026 0 3000 0 0 0 16369 0 0 0 199395 0 0 NANCY CARTER 0 111317 0 2000 0 65531 0 10488 0 0 0 189336 0 0 PART I, LINE 4A NANCY CARTER'S SEVERANCE AMOUNT FOR 2012 WAS $65,531. 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 FOUNDATIONS BOARD OF DIRECTORS AND THE SOCIETYS 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 XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. SOCIETY OF EXPLORATION GEOPHYSICISTS 8801 SOUTH YALE TULSA OK 74137 730555125 GEOPHYSICS OK 501(C)(6) N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 SOCIETY OF EXPLORATION GEOPHYSICISTS B 852973 PROGRAM GRANTS BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS M 606917 EFFORT & EXPENSE BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS C 161487 CONTRIBUTIONS BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS P 158025 FUNDRAISING EFFORT/EXP-ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS P 137135 PROGRAM ADMIN BASED ON ACTUAL