2020-07-06T08:32:01-05:00 2019-06-30 731413977 HOGANTAYLOR LLP 2222 SOUTH UTICA PL SUITE 200 TULSA OK 74114 990 2018-07-01 731298684 AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS FOUNDATION AMER 9185842555 PO BOX 979 TULSA OK 74101 DAVID CURTISS EXECUTIVE DIRECTOR 9185842555 2020-06-12 1 ASHLEY M FOGLE P01258800 9187452333 2020-06-08 4.14.133.138 2020-06-12 15:14:26 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AB9D39DAB8F64CBCBAEF692949137285CA1D49BB 2018 2021-01-29 14:40:06Z JAMES A GIBBS PO BOX 979 TULSA OK 74101 6121737 0 X WWW.AAPG.ORG/FOUNDATION X 1986 OK THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE IN THE FIELD OF GEOLOGY. 6 6 0 36 -17464 -17464 1469631 551767 0 0 7927757 4301821 -87536 -836899 9309852 4016689 1049118 1165895 0 0 0 0 0 0 106820 877437 943460 1926555 2109355 7383297 1907334 51675693 52625666 396977 842653 51278716 51783013 X THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE IN THE FIELD OF GEOLOGY. 0 0 264267 227190 THE L. AUSTIN WEEKS MEMORIAL FUND IS UTILIZED TO SUPPORT PROGRAMS AND PROJECTS AS DETERMINED BY THE FOUNDATION TRUSTEES WHICH ADVANCE THE SCIENCE OF PETROLEUM GEOLOGY. DURING THE YEAR, THIS FUND SUPPORTS THE GEOLEGENDS VIDEO PROJECT, GEOSCIENTISTS WITHOUT BORDERS, SUPPLEMENTAL GRANT TO DISTINGUISHED LECTURER ACTIVITIES, PIONEERING WOMEN GEOSCIENTIST PROJECT, AS WELL AS GEOFORCE AND A DIGITAL IMMERSIVE GEOLOGY PROJECT. 301004 285500 THE STUDENT SCHOLARSHIP PROGRAM INCLUDES GRANTS-IN-AID PROVIDING FINANCIAL ASSISTANCE TO GRADUATE STUDENTS (CURRENTLY ENROLLED IN MASTERS OR PH.D. PROGRAMS) WHOSE THESIS RESEARCH HAS APPLICATION TO THE SEARCH FOR AND DEVELOPMENT OF PETROLEUM AND ENERGY-MINERAL RESOURCES AND/OR RELATED TO ENVIRONMENTAL GEOLOGY ISSUES. ADDITIONALLY, THE STUDENT SCHOLARSHIP PROGRAM SUPPORTS EDUCATIONAL EXPENSES OF UNDERGRADUATE GEOSCIENCE STUDENTS AND THE DEPARTMENTS OF THEIR SCHOOL OR UNIVERSITY THROUGH THE L. AUSTIN WEEKS UNDERGRADTUATE PROGRAM. 147772 141000 THE BULLETIN IS THE FLAGSHIP TECHNICAL JOURNAL OF THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS. AAPG FOUNDATION PROVIDES FUNDING TO HELP SUPPORT PUBLISHING THE MONTHLY ISSUES OF THE BULLETIN. 758305 481173 THE AAPG FOUNDATION SUPPORTS A DIVERSE GROUP OF OTHER PROGRAMS INCLUDING SCHOLARSHIPS FOR MILITARY VETERANS TO PURSUE AN UNDERGRADUATE DEGREE IN GEOLOGY, SUPPORT FOR THE BOY AND GIRL SCOUTS OF AMERICA INCLUDING THE BOY SCOUT JAMBOREE AND MERIT BADGE PROGRAM, AWARD RECOGNITION FOR OUTSTANDING GEOSCIENTISTS, AND SUBSCRIPTIONS FOR CERTAIN UNIVERSITIES TO HAVE ELECTRONIC ACCESS TO THE DATAPAGES DIGITAL ARCHIVES. 36877 31032 THE DISTINGUISHED LECTURE PROGRAM REACHES AFFILIATED SOCIETIES AND UNIVERSITIES AROUND THE WORLD. THE PROGRAM ASSISTS WITH THE EXPENSES INVOLVED WITH PROVIDING DISTINGUISHED GEOSCIENCE LECTURES TO SPEAK BEFORE GEOLOGICAL SOCIETIES AND UNIVERSITY GROUPS. 795182 512205 1508225 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 1 0 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 8 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X BRYAN HAWS 9185602607 1444 S BOULDER AVENUE TULSA OK 74119 JAMES A GIBBS CHAIRMAN 1.00 X 0 0 0 M RAY THOMASSON VICE CHAIRMAN 1.00 X 0 0 0 MICHAEL WISDA SECRETARY 1.00 X 0 0 0 LEE B BACKSEN TREASURER 1.00 X 0 0 0 LARRY L JONES TRUSTEE 1.00 X 0 0 0 JAMES MCGHAY TRUSTEE 1.00 X 0 0 0 DAVID K CURTISS EXECUTIVE DIRECTOR 8.00 32.00 X 0 223650 57631 DAVID E LANGE DEPUTY EXECUTIVE DIRECTOR 6.00 34.00 X 0 223439 57606 0 447089 115237 0 0 1 0 TRUE BLUE 5700 S 107TH E AVENUE TULSA OK 74146 HVAC SERVICES 245614 1 551767 4960 551767 2214028 2214028 41949 41949 304399 540829 -236430 -236430 -236430 3652012 1564219 2087793 2087793 2087793 OTHER INVESTMENT INCOME 900099 -642418 -17464 -624954 -642418 4016689 0 -17464 3482386 777270 777270 256500 256500 132125 132125 279935 104178 171126 4631 58505 58505 88277 88277 16415 1672 14743 88647 10219 78428 23880 20975 2905 708 708 3800 3800 118970 118970 9626 9626 OVERHEAD COSTS 196491 75648 116995 3848 PRINTING 14510 10110 4400 BANK FEES 13863 2179 11684 POSTAGE AND SHIPPING 6600 127 4208 2265 23233 20899 2334 2109355 1508225 494310 106820 213726 201926 929435 518017 10111 8060 5772 21183 8081540 5551939 2288359 2529601 37731076 39372050 9810697 8473496 686517 1501333 51675693 52625666 69650 82763 327327 759890 396977 842653 X 39323372 39644113 1427547 1378521 10527797 10760379 51278716 51783013 51675693 52625666 1907334 -1403037 0 X 0 1 X 1 0 X 1104087 891291 766143 1469631 551767 4782919 1104087 891291 766143 1469631 551767 4782919 377965 4404954 1616024 1395795 1288755 1572885 2560376 8433835 4073 15524 19597 80517 137253 217770 13454121 0.32740 0.40010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARTNERSHIP INCOME - 2016 AMOUNT: $ 80,517. 2017 AMOUNT: $ 137,253. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11225233 232582 51113 118604 11390324 17167081 383732 44286 104024 6265842 11225233 16792091 475836 651498 752344 17167081 17073906 403925 60006 745746 16792091 16791545 387278 100237 205154 17073906 0.00000 0.94470 0.05530 0 0 489346 489346 7551694 5512593 2039101 30217 29065 1152 10283 10281 2 2529601 PARTNERSHIPS & ALTERNATIVE INVESTMENTS 8473496 F 8473496 DUE TO AAPG 759890 759890 2525375 -1403037 -1403037 3928412 88277 88277 4016689 2021078 0 2021078 88277 88277 2109355 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 19 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES OF THE FOUNDATION HAS INTERPRETED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) FOR OKLAHOMA AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, AND (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT. EARNINGS ON THE PERMANENT ENDOWMENT ARE CLASSIFIED AS TEMPORARILY RESTRICTED UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 30125 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 12000 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 6500 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 1000 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 5750 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 20500 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 58750 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES, CONFERENCES CONFERENCE, EDUC PROGRAMS 500 0 0 0 0 0 0 135125 0 135125 GRANTS IN AID AND WEEKS EDUCATION GRANTS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 29 40250 WIRE TRANSFERS AND CHECKS GRANTS IN AID AND WEEKS EDUCATION GRANTS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 31 26125 WIRE TRANSFERS AND CHECKS GRANTS IN AID AND WEEKS EDUCATION GRANTS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 8 6000 WIRE TRANSFERS AND CHECKS GRANTS IN AID AND WEEKS EDUCATION GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 10 12000 WIRE TRANSFERS AND CHECKS GRANTS IN AID AND WEEKS EDUCATION GRANTS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 8 3750 WIRE TRANSFERS AND CHECKS GRANTS IN AID AND WEEKS EDUCATION GRANTS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 63 35500 WIRE TRANSFERS AND CHECKS GRANTS IN AID AND WEEKS EDUCATION GRANTS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 13 8500 WIRE TRANSFERS AND CHECKS 0 0 0 0 0 0 PART I, LINE 2: GRANT PROPOSALS ARE REVIEWED BY THE BOARD OF TRUSTEES. PROPOSALS APPROVED ARE IN THE MINUTES OF THE BOARD OF TRUSTEES, PUBLISHED ON THE WEBSITE AND IN THE AAPG EXPLORER MAGAZINE. 1 TEXAS A&M UNIVERSITY 301 TARROW STREET COLLEGE STATION TX 77840 746000531 501(C)(3) 12900 MICHEL HALBOUTY FUND UNIVERSITY OF COLORADO FOUNDATION 1000 GRANT STREET DENVER CO 80203 846049811 501(C)(3) 150000 L. AUSTIN WEEKS FUND - IGP HARDIN-SIMMONS UNIVERSITY 2200 HICKORY ST ABILENE TX 79601 750808791 501(C)(3) 12700 SCHOLARSHIP OKLAHOMA STATE UNIVERSITY 401 WHITEHURST STILLWATER OK 74078 731383996 501(C)(3) 7677 L. AUSTIN WEEKS FUND STUDENT SUPPORT HOUSTON YMCA PO BOX 3007 HOUSTON TX 77253 741109737 501(C)(3) 65000 GEOLOGY CAMP CULLEN AMERICAN GEOSCIENCES INSTITUTE 4220 KIN ST ALEXANDRIA VA 22302 520786946 501(C)(3) 70000 EARCH SCIENCE WEEK AAPG 1444 S BOULDER AVENUE TULSA OK 74119 730125920 501(C)(6) 141000 SUPPORT OF AAPG BULLETIN AAPG 1444 S BOULDER AVENUE TULSA OK 74119 730125920 501(C)(6) 44334 SUPPORT OF THE VISITING GEOSCIENTISTS PROGRAM AAPG 1444 S BOULDER AVENUE TULSA OK 74119 730125920 501(C)(6) 31032 SUPPORT OF THE DISTINGUISHED LECTURER PROGRAM AAPG 1444 S BOULDER AVENUE TULSA OK 74119 730125920 501(C)(6) 172000 SUPPORT OF THE IMPERIAL BARREL AWARD PROGRAM 6 1 GRANTS IN AID 133 204500 AWARDS - MILITARY VETERANS SCHOLARSHIP 2 2000 WALLACE E. PRATT 6 11500 MILITARY VETERANS SCHOLARSHIP 7 20000 WEEKS UNDERGRADUATE GRANT 37 18500 PART I, LINE 2: THE AAPG ADVISORY COUNCIL HAS ESTABLISHED WRITTEN GUIDELINES AND PROCEDURES FOR SELECTING THE RECIPIENTS OF HONORS AND AWARDS. THE FOUNDATION BOARD OF TRUSTEES GRANT FUNDS FOR VARIOUS PROGRAMS INCLUDING UNIVERSITIES, STUDENT GROUPS, OTHER RELATED GEOLOGICAL SOCIETIES AND ACTIVITIES BASED ON PROPOSALS WHICH INCLUDE INFORMATION ON THE PROGRAM, THE PURPOSE AND USE OF FUNDS. 1 0 0 0 0 0 0 0 0 0 DAVID K CURTISS EXECUTIVE DIRECTOR 0 213650 0 10000 0 0 0 27424 0 30207 0 281281 0 0 DAVID E LANGE DEPUTY EXECUTIVE DIRECTOR 0 217939 0 5500 0 0 0 27399 0 30207 0 281045 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS FORM 990 AFTER WHICH IT IS MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES FOR ITS REVIEW AND COMMENTS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST FORM IS COMPLETED BY EACH TRUSTEE AT THE BEGINNING OF THEIR TERM IN OFFICE. THE FORM IS DESIGNED TO IDENTIFY ANY SPECIFIC CONFLICT OF INTEREST WHICH THE TRUSTEE MAY HAVE IN SERVING ON THE BOARD OF TRUSTEES OF THE ORGANIZATION. ALL EMPLOYEES ARE BOUND BY CONFLICT OF INTEREST POLICIES FOUND IN THE POLICIES AND WORK RULES MANUAL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND ESTABLISHED BY THE EXECUTIVE COMMITTEE WITH CONSULTATION WITH THE TRUSTEES. BACKGROUND INFORMATION FROM NATIONAL AND REGIONAL SALARY SURVEYS ARE PROVIDED TO THE COMMITTEE TO ASSIST THEM IN THEIR REVIEW. THE PROCESS UTILIZED TO DETERMINE THE SALARIES OF KEY STAFF IS SIMILAR TO THE PROCESS USED FOR THE EXECUTIVE DIRECTOR AS BOTH NATIONAL AND LOCAL SALARY STUDIES ARE USED. LOCAL SALARY INFORMATION IS RECEIVED FROM A HUMAN RESOURCES CONSULTANT. THE EXECUTIVE COMMITTEE DOES NOT GENERALLY APPROVE THE SALARIES OF KEY STAFF, BUT THE COMMITTEE IS PROVIDED THE INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONSTITUTION AND BY LAWS ARE PROVIDED ON THE ORGANIZATION'S WEBSITE. THE FINANCIAL STATEMENTS ARE PUBLISHED ANNUALLY IN AN ISSUE OF THE BULLETIN. THE CONFLICT OF INTEREST POLICY IS PUBLISHED IN THE TRUSTEES HANDBOOK, WHICH IS NOT A PUBLICATION AVAILABLE TO THE GENERAL PUBLIC. THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS 1444 S BOULDER AVENUE TULSA OK 74101 730125920 A SCIENTIFIC ORGANIZATION DEDICATED TO THE ADVANCEMENT OF PETROLEUM GEOLOGY CO 501 (C) 6 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS B 388366 JOINT PROGRAM THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS J 1279 LEASE DEPREC. % OF VALUE OF SPACE THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS M 332691 PERFORMANCE OF SERVICES/MEMB. THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS N 188040 % OF VALUE OF SPACE THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS O 279935 EMPLOYEE TIME THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS P 196491 ACTUAL OVERHEAD REIMBURSEMENT