Spe Foundation
SUPPORT THE MEMBER PROGRAMS OF THE SOCIETY OF PETROLEUM ENGINEERS AND PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING AN EDUCATION IN PETROLEUM ENGINEERING.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.3M
+10.9% YoY
Annual Giving
$325K
-60.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$325K
-60.9% YoY
About Spe Foundation
Based on IRS filings
Spe Foundation is a nonprofit organization, 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 grants totaling $325K. Net investment income was $559K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,322,862 | $10,206,766 | $10,541,618 |
| Revenue | $660,300 | $719,076 | $535,963 |
| Expenses | $606,620 | $1,083,862 | $908,360 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $558,774 | $615,524 | $417,638 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Society of Petroleum Engineers ($325,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOCIETY OF PETROLEUM ENGINEERS RICHARDSON, TX | MEMBER PROGRAM SUPPORT | $325,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MS JANEEN JUDAH | PRESIDENT | 1 | — |
| DR EGBERT IMOMOH | PAST PRESIDENT | 1 | — |
| MR DARCY SPADY | TREASURER | 1 | — |
| DR SAMI ABDUL AZIZ ALNUAIM | SECRETARY | 1 | — |
| MR BRUCE E BERNARD | VICE PRESIDENT | 1 | — |
| MR TERRY PALISCH | 2024 SPE PRESIDENT (9/2024) | 1 | — |
| DR MEDHAT KAMAL | 2023 SPE PRESIDENT (THRU 9/2024) | 1 | — |
| MR ROGER ABEL | TRUSTEE | 1 | — |
| DR ABDUL JALEEL AL-KHALIFA | TRUSTEE | 1 | — |
| DR LYN ARSCOTT | TRUSTEE | 1 | — |
| DR KATE HADLEY BAKER | TRUSTEE | 1 | — |
| MR W C BARTON JR | TRUSTEE | 1 | — |
| DR JEFFREY SPATH | TRUSTEE | 1 | — |
| DR TOM BLASINGAME | TRUSTEE | 1 | — |
| DR WILLIAM M COBB | TRUSTEE | 1 | — |
| MR JOHN A COLLIGAN | TRUSTEE | 1 | — |
| DR BEHROOZ FATTAHI | TRUSTEE | 1 | — |
| MR PETER D GAFFNEY | TRUSTEE | 1 | — |
| MR DENNIS E GREGG | TRUSTEE | 1 | — |
| MR HELGE H HALDORSEN | TRUSTEE | 1 | — |
| MR T SCOTT HICKMAN | TRUSTEE | 1 | — |
| MR JAMES R JORDEN | TRUSTEE | 1 | — |
| MR ROY H KOERNER | TRUSTEE | 1 | — |
| MR ALAIN LABASTIE | TRUSTEE | 1 | — |
| DR D NATHAN MEEHAN | TRUSTEE | 1 | — |
| MS SHAUNA NOONAN | TRUSTEE | 1 | — |
| DR LEO ROODHART | TRUSTEE | 1 | — |
| MR EDWARD E RUNYAN | TRUSTEE | 1 | — |
| DR KAMEL BEN-NACEUR | TRUSTEE | 1 | — |
| DR EVE SPRUNT | TRUSTEE | 1 | — |
| MR ANDREW A YOUNG | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Spe Foundation?
As of 2024, Spe Foundation holds $11.3M in total assets with $660K in annual revenue. It awarded 1 grants totaling $325K in 2024.
Where does Spe Foundation operate?
Spe Foundation has awarded grants in Texas.
What size grants does Spe Foundation award?
In 2024, Spe Foundation awarded 1 grants totaling $325K — an average of about $325K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Spe Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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