Schlumberger Foundation Inc
The Schlumberger Foundation is an independent non-profit organization based in New York, NY, established in 1969. The Foundation operates as a corporate foundation classified as a 501(c)(3) organization. It supports education in science, technology, engineering, and mathematics (STEM) through its own educational development programs, grants to external organizations, and co-funded initiatives with Schlumberger Limited (SLB) affiliates.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.1M
+7.9% YoY
Annual Giving
$1.4M
+7.8% YoY
Grant Count
33
+17.9% YoY
Avg Grant Size
$43K
-8.5% YoY
Mission & Focus Areas
The Schlumberger Foundation recognizes the link between science, technology, and socio-economic development, with education serving as a key factor in realizing individual potential and enabling nations to address economic and social development challenges.
Primary Focus Areas:
- Science, technology, engineering, and mathematics (STEM) education
- Gender equality in STEM fields
- Educational programs supporting women in scientific careers
Grantmaking
The Foundation's primary initiative is **Faculty for the Future**, launched in 2004. This program is committed to gender parity in science, with the long-term goal of accelerating gender equality in STEM by enabling more women to pursue scientific careers. The program has expanded significantly, with the Foundation awarding over 100 new grants to women pursuing advanced STEM studies in recent grant cycles.
Review Cycle
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Geographic Focus
Where this funder awards grants
The Foundation funds projects across multiple U.S. states including California, Texas, Michigan, Massachusetts, and New York. It also supports initiatives internationally, with documented funding activity in locations including Austin, Addis Ababa, and San Francisco, as well as broader international reach through its Faculty for the Future program supporting women from developing countries.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of December 2024):
- Total assets: $29,083,096
- Total revenues: $1,367,308
- Total expenses: $1,418,407
Revenue Composition (2024):
- Investment income and dividends: $513,236
- Net gain from sale of non-inventory assets: $854,072
- Total grants and contributions: $0
Historical Comparison (2023):
- Total assets: $27,000,000
- Total revenues: $1,867,525
- Total expenses: $1,663,252
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,083,096 | $26,962,862 | $25,080,630 |
| Revenue | $1,367,308 | $1,867,525 | $1,363,820 |
| Expenses | $1,418,407 | $1,663,252 | $948,533 |
| Qualifying Distributions | $1,369,922 | $1,270,732 | $719,937 |
| Net Investment Income | $1,335,211 | $429,876 | $972,229 |
| Distributable Amount | $1,382,890 | $1,275,635 | $1,280,380 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
122 grants across all recorded years
Open Grants
1 open opportunity from Schlumberger Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Current Personnel:
- Eve Millon – Communication and Community Manager
- Aseye Mimi Nutsugah – Program Manager
- Simona Elena Leotescu – Controller
The Foundation is led by a board of uncompensated members.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The Schlumberger Foundation has significantly expanded its Faculty for the Future grant program in recent years. In 2025, the Foundation awarded over 100 new grants to women pursuing advanced STEM studies, with particular emphasis on supporting women from developing countries.
Schlumberger Foundation Awards Over 100 New Grants to WomeThe Foundation is celebrating 70 years of operation and 20 years of the Faculty for the Future program. Looking forward, the Foundation has set an ambitious goal for the next 20 years: empowering women to harness the power of STEM to move the world's economies along the path to net zero, developing approaches that balance sustainable growth with gender equality.
Schlumberger Foundation Awards Over 100 New Grants to WomeThe Foundation recognizes that full access to and participation in STEM curriculum is essential for the empowerment of women and girls.
Schlumberger Foundation Celebrates Women in STEM with 2025 Faculty for theSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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