Spe Foundation
Support the member programs of the society of petroleum engineers and provide scholarships to students pursuing an education in petroleum engineering.
Spe Foundation at a glance
In short: Spe Foundation gave $325K across 1 grant in 2024 (avg $325K), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $325,000
- -60.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $325,000
- -60.9% vs 2023
- Median grant
- $325,000
- Total assets
- $11,322,862
- +10.9% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Spe Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Society of Petroleum Engineers ($325K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Spe Foundation gives
- Giving fell 63% from 2021 to 2024. Method
From the foundation's IRS Form 990 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 $325K (2024) to $1.1M (2020). In 2024 it made 1 grant totaling $325K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Society of Petroleum Engineers Richardson, TX | Member Program Support | $325,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $11,322,862 | $660,300 | $606,620 | $325,000 | 1 | $558,774 |
| 2023 | $10,206,766 | $719,076 | $1,083,862 | $831,309 | 1 | $615,524 |
| 2022 | $10,541,618 | $535,963 | $908,360 | $658,235 | 1 | $417,638 |
| 2021 | $12,383,266 | $634,754 | $1,079,005 | $867,000 | 1 | $470,695 |
| 2020 | $11,468,575 | $902,905 | $1,354,182 | $1,136,500 | 1 | $745,915 |
About Spe Foundation
Based on IRS filings
Spe Foundation is a public charity, based in Richardson, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.3M in total assets. In 2024, it awarded 1 grant totaling $325K. Net investment income was $559K.
Leadership & Key People
Officers and directors from IRS filings
Spe Foundation is led by Janeen Judah, President since 2024 (on filings since 2020); none of the 31 officers listed in 2024 report compensation.
Officers on the 2024 filing
Janeen Judah
President
Vice President → Treasurer, 2021
Treasurer → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Medhat M. Kamal
Spe President
On filings since 2023
1 hr/week
No compensation reported
Terry Palisch
Spe President
New on the 2024 filing
1 hr/week
No compensation reported
Alain Labastie
Trustee
On filings since 2020
1 hr/week
No compensation reported
Andrew A. Young
Trustee
On filings since 2020
1 hr/week
No compensation reported
Behrooz Fattahi
Trustee
On filings since 2020
1 hr/week
No compensation reported
Dennis E. Gregg
Trustee
On filings since 2020
1 hr/week
No compensation reported
Edward E. Runyan
Trustee
On filings since 2020
1 hr/week
No compensation reported
Eve S. Sprunt
Trustee
On filings since 2020
1 hr/week
No compensation reported
Helge H. Haldorsen
Trustee
Secretary → Trustee, 2021
On filings since 2020
1 hr/week
No compensation reported
James R. Jorden
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jeffrey B. Spath
Trustee
Trustee → Vice President, 2021
Vice President → Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
John A. Colligan
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kate Hadley Baker
Trustee
On filings since 2020
1 hr/week
No compensation reported
Leo Roodhart
Trustee
On filings since 2020
1 hr/week
No compensation reported
Lyn Arscott
Trustee
On filings since 2020
1 hr/week
No compensation reported
Peter D. Gaffney
Trustee
On filings since 2020
1 hr/week
No compensation reported
Roger Abel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Roy H. Koerner
Trustee
On filings since 2020
1 hr/week
No compensation reported
Shauna Noonan
Trustee
Spe President → Trustee, 2021
On filings since 2020
1 hr/week
No compensation reported
T. Scott Hickman
Trustee
On filings since 2020
1 hr/week
No compensation reported
W. C. Barton Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
William M. Cobb
Trustee
Past-President → Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Kamel Ben-Naceur
Trustee
Spe President → Trustee, 2024
On filings since 2021
1 hr/week
No compensation reported
Tom Blasingame
Trustee
Spe President → Trustee, 2023
On filings since 2021
1 hr/week
No compensation reported
Abdul Jaleel Al-Khalifa
Trustee
On filings since 2022
1 hr/week
No compensation reported
D. Nathan Meehan
Trustee
On filings since 2022
1 hr/week
No compensation reported
Bruce E. Bernard
Vice President
Trustee → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Darcy Spady
Treasurer
Secretary → Trustee, 2023
Trustee → Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Egbert Imomoh
Past President
Treasurer → President, 2021
President → Past President, 2024
On filings since 2020
1 hr/week
No compensation reported
Sami Abdul Aziz Alnuaim
Secretary
Spe President → Trustee, 2021
Trustee → Secretary, 2023
On filings since 2020
1 hr/week
No compensation reported
Former officers (8)
- Former: E. A. Breitenbach (2020–2023) — Trustee
- Former: Ganesh Thakur (2020–2023) — Past President
- Former: Arlan Edgar (2020–2021) — Trustee
- Former: Jaleel Al-Khalifa (2020–2021) — Trustee
- Former: Nathan Meehan (2020–2021) — Trustee
- Former: Charles L. Bare (2020) — Trustee
- Former: Giovanni Paccaloni (2020) — Trustee
- Former: Jacques Bosio (2020) — Trustee
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 Spe Foundation
How much does Spe Foundation give each year?
Spe Foundation gave $325K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $831K across 1 grant.
How large is Spe Foundation?
Spe Foundation reported $11.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $660K.
Where does Spe Foundation operate?
Spe Foundation has awarded grants in Texas.
What is Spe Foundation's EIN?
Spe Foundation's EIN (Employer Identification Number) is 75-1575590. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 15, 2025)
- IRS filings on file for fiscal years 2020–2024
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