Schlumberger Foundation Inc
Schlumberger Foundation Inc. is a New York, NY-based private foundation that supports education in science, technology, engineering and mathematics (STEM). The Foundation says it operates educational development programs, makes grants to external organizations and co-funds eligible SLB outreach programs.
Schlumberger Foundation Inc at a glance
In short: Schlumberger Foundation Inc gave $1.4M across 33 grants in 2024 (avg $43K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,407,948
- +7.8% vs 2023
- Grants made (2024)
- 33
- +17.9% vs 2023
- Average grant
- $42,665
- -8.5% vs 2023
- Median grant
- $49,440
- Total assets
- $29,083,096
- +7.9% vs 2023
- Primary geography
- California (15% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Schlumberger Foundation Inc
- How to Apply
-
The Foundation’s website says applications for new Faculty for the Future fellowships are submitted through its online system. The application period for the 2027–2028 cycle runs from September 1 to November 7, 2026. Applicants must meet the program’s eligibility criteria and provide application materials, including references; the website advises applicants to follow the application instructions and disclose other funding. Eligibility includes being a woman and a citizen of an eligible low- or middle-income country, pursuing PhD or postdoctoral STEM research at a host institution abroad, having an excellent academic record, and demonstrating a commitment to contributing to the home country or region and encouraging women and girls in STEM. The 2024 filing directs applicants to Faculty for the Future program information for forms, materials and award restrictions.
- Contact
Application contact: Capella Festa
Mailing address: 5599 San Felipe Street Suite 1700, Houston, TX 77056
Phone: (212) 885-8000
Email: future@slb.com
Website: https://schlumbergerfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Schlumberger Foundation Inc
Who Schlumberger Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Charity Kgotlaebonywe ($50K).
Organizations only. It also paid 32 grants to individuals ($1,357,948), which are not listed by name.
Grant Size Distribution
122 grants across all recorded years
The most common grant size was under $50K: 69 grants of 122 (57%).
Geographic Focus
Where this funder awards grants
The Foundation’s website describes Faculty for the Future as supporting women from developing and emerging economies. For its 2024 grants, the largest shares of grant dollars went to recipients in California (15%), Texas (13%), Massachusetts (9%), Michigan (9%) and Colorado (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
States
Cities
How Schlumberger Foundation Inc gives
- Giving grew 40% from 2021 to 2024. Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $717K (2022) to $1.4M (2024). In 2024 it made 33 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 32 grants to individuals Recipients not named | — | $1,357,948 |
| Charity Kgotlaebonywe Grand Prairie, TX | Educational/Research Grant | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $29,083,096 | $1,367,308 | $1,418,407 | $1,407,948 | 33 | $1,369,922 | $1,335,211 | $1,382,890 |
| 2023 | $26,962,862 | $1,867,525 | $1,663,252 | $1,305,833 | 28 | $1,270,732 | $429,876 | $1,275,635 |
| 2022 | $25,080,630 | $1,363,820 | $948,533 | $716,533 | 16 | $719,937 | $972,229 | $1,280,380 |
| 2021 | $29,197,918 | $2,296,728 | $1,446,335 | $1,002,131 | 22 | $1,007,769 | $1,397,491 | $1,344,417 |
| 2020 | $25,868,072 | $777,452 | $1,024,988 | $1,009,029 | 23 | — | $634,897 | $1,155,981 |
Under IRS private-foundation payout rules, Schlumberger Foundation Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The Foundation’s mission is to educate and connect women leaders in STEM, advancing education, innovation and thought leadership for a balanced planet. Its focus includes accelerating the impact of STEM education, supporting research and ideas with potential for value creation, and strengthening the network of Faculty for the Future fellows.
Its flagship Faculty for the Future program supports women pursuing PhD or postdoctoral research in STEM abroad. The program aims to advance gender equality in STEM and encourages fellows to return to their home country or region and contribute to its socioeconomic development. The Foundation also says it extends grants to external organizations, though the available information does not specify those organizations’ missions.
Grantmaking
In filing year 2024, the Foundation reported 33 grants totaling $1,407,948. Individual awards ranged from $1,572 to $53,000, with a median of $49,440. The largest listed award was $53,000 to an individual recipient in Colorado for an educational/research grant. Other listed awards included $50,000 to Charity Kgotlaebonywe in Grand Prairie, Texas, for an educational/research grant, and awards of $50,000 to individual recipients in several states.
The Faculty for the Future program offers awards of up to $50,000 for PhD candidates and $40,000 for postdoctoral researchers, according to the program information last updated in July 2025.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gerard Martellozo as chairman. Roseline Chapel served as president through October 2024 and as treasurer; Capella Festa became president as of October 2024. Listed board members were Vicki Colvin, Robert Onyejekwe (through June 2024), Aparna Raman, Wallace Pescarini, Ranaa Riyamy (through March 2024), Tore Sandvold (through March 2024) and Joanna Todd.
Schlumberger Foundation Inc is led by Capella Festa, President since 2024 (on filings since 2020); none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Capella Festa
President
Board Member → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Roseline Chapel
President
President, Treasurer & Manager → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Gerard Martellozo
Chairman
On filings since 2020
1 hr/week
No compensation reported
Ranaa Riyamy
Board Member
On filings since 2020
1 hr/week
No compensation reported
Tore Sandvold
Board Member
On filings since 2020
1 hr/week
No compensation reported
Vicki Colvin
Board Member
On filings since 2020
1 hr/week
No compensation reported
Joanna Todd
Board Member
On filings since 2022
1 hr/week
No compensation reported
Robert Onyejekwe
Board Member
On filings since 2022
1 hr/week
No compensation reported
Wallace Pescarini
Board Member
On filings since 2022
1 hr/week
No compensation reported
Aparna Raman
Board Member
On filings since 2023
1 hr/week
No compensation reported
Olivier Peyret
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Samba Ba
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Sola Oyinlol (2020–2022) — Board Member
- Former: Stephanie Cox (2020–2021) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Schlumberger Foundation Inc
How much does Schlumberger Foundation Inc give each year?
Schlumberger Foundation Inc gave $1.4M across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 28 grants.
What is Schlumberger Foundation Inc's typical grant size?
Schlumberger Foundation Inc's median grant in 2024 was $49,440, and its average grant was $42,665, across 33 grants on its 2024 IRS Form 990-PF.
Where does Schlumberger Foundation Inc give grants?
Schlumberger Foundation Inc's top state is California, with 15% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Texas (13%) and Massachusetts (9%).
Does Schlumberger Foundation Inc give general operating support?
Not in 2024: none of the 33 grants with a stated purpose on Schlumberger Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational/Research Grant" (33 grants).
How large is Schlumberger Foundation Inc?
Schlumberger Foundation Inc reported $29.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Schlumberger Foundation Inc fund?
The Foundation’s mission is to educate and connect women leaders in STEM, advancing education, innovation and thought leadership for a balanced planet. See mission & focus areas ↑
How do I apply for a grant from Schlumberger Foundation Inc?
The Foundation’s website says applications for new Faculty for the Future fellowships are submitted through its online system. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Schlumberger Foundation Inc's EIN?
Schlumberger Foundation Inc's EIN (Employer Identification Number) is 23-7033142. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Schlumberger Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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