Overview

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Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1993

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

990s

990 file icon
2023
990 file icon
2022
990 file icon
2021
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AI Summary

The IPAA Educational Foundation, with EIN 52-1849282, is dedicated to enhancing public understanding of the oil and natural gas industry through educational programs and grants, particularly in energy education. Operating with a budget of $89.3K and generating total revenue of $22.8K in 2023, the foundation relies on multiple funders, none of which provide 50% or more of its revenue. For more information, visit their website at www.ipaa.org.

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Mission Statement

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.

Cause Areas

1
Education
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Financials

2023
Revenues
$22.8K
Expenses
$89.3K
Net Income:
-$66.4K
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2023
Operating Budget
$89.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
ENERGY WORKFORCE & TECHNOLOGY COUNCIL ASSOCIATION
Houston, TX, US
$950.1K
85%
AAPL EDUCATIONAL FOUNDATION INC
Fort Worth, TX, US
$75K
44%
American Association of Professional Landmen Inc
Fort Worth, TX, US
$75K
9%

Grants Received

2023
Total No. of Grants
1
Median grant size
$12.7K
Largest grant received
$12.7K

Board & Team

S
Steven Pruett
Board Member
C
C Jeffrey Eshelman
Board Member
D
Daniel Naatz
Board Member

Frequently Asked Questions

What is IPAA EDUCATIONAL FOUNDATION’s budget?
In 2023, IPAA EDUCATIONAL FOUNDATION reported an annual operating budget of around $89 thousand. More detailed financial information is available to registered users.
What causes does IPAA EDUCATIONAL FOUNDATION support?
IPAA EDUCATIONAL FOUNDATION supports work in Education.
Where does IPAA EDUCATIONAL FOUNDATION operate?
IPAA EDUCATIONAL FOUNDATION is headquartered in Washington, DC.
Who funded IPAA EDUCATIONAL FOUNDATION recently?
In 2023, IPAA EDUCATIONAL FOUNDATION received grants from INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA, THE BLACKBAUD GIVING FUND, and ENERGY WORKFORCE & TECHNOLOGY COUNCIL ASSOCIATION. More information on this organization’s funders is available to registered users.
What is the largest grant IPAA EDUCATIONAL FOUNDATION received in 2023?
The largest grant to IPAA EDUCATIONAL FOUNDATION in 2023 exceeds $13 thousand.