Ipaa Educational Foundation

Organization Overview

Ipaa Educational Foundation is located in Washington, DC. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ipaa Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Ipaa Educational Foundation generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $89.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT THE OIL AND NATURAL GAS INDUSTRY AND PROVIDES GRANTS TO CHARITABLE AND EDUCATION PROGRAMS, PARTICULARLY RELATED TO ENERGY EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SUPPORTS VARIOUS EDUCATIONAL AND CHARITABLE ACTIVITIES SUCH AS ENERGY CURRICULA, STUDENT COMPETITIONS, AND STUDENT EXTERNSHIPS. THE FOUNDATION PRIMARILY SUPPORTS EDUCATION BY PROVIDING OIL AND GAS INDUSTRY EDUCATION IN THE FOLLOWING AREAS: 1. AWARD-WINNING HIGH SCHOOL PETROLEUM ACADEMIES 2. MIDDLE SCHOOL STEM CAREER EXPLORATION INITIATIVE 3. OIL & GAS COURSES


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Board, Officers & Key Employees

Name (title)Compensation
C Jeffrey Eshelman
President/ce
$0
Daniel Naatz
Treasurer/se
$0
Steven Pruett
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,841
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$22,841
Total Program Service Revenue$0
Investment income $3
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,844

Grants Awarded

Over the last fiscal year, Ipaa Educational Foundation has awarded $26,256 in support to 3 organizations.

Grant RecipientAmount

SOUTHWEST HIGH SCHOOL

PURPOSE: EDUCATION

$6,403

WESTSIDE HIGH SCHOOL

PURPOSE: EDUCATION

$6,507

HOUSTON IND SCHOOL DIST FOUNDATION

PURPOSE: EDUCATION

$13,346
View Grant Profile

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