Landman Scholarship Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237122144 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Landman Scholarship Trust?

The Landman Scholarship Trust is a nonprofit organization situated in Fort Worth, Texas, with the postal address 800 Fournier St, 76102. Its primary mission is to offer scholarship grants to students pursuing higher education in petroleum or minerals land management at accredited institutions. The scholarships are merit-based, considering students' academic performance, involvement in school activities, and personal interviews. In the recent fiscal year, the trust awarded 66 scholarships to 12 major universities or colleges. Furthermore, the Landman Scholarship Trust provides AAPL memberships to students and associate members, with 482 such memberships given during the same fiscal year. Overall, the trust aims to support and empower budding professionals in the field of natural resources management.


Official website here: www.landman.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Stars

The Landman Scholarship Trust has achieved a remarkable 100% rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The score is entirely derived from a single beacon focused on financial practices, underscoring the organization's operational integrity. This rating indicates a well-managed nonprofit that prioritizes transparency and responsible stewardship of its resources.

Strengths of the organization include a fully independent board comprised of 12 members and a strong focus on financial accountability, with a minimal liabilities-to-assets ratio of only 0.01%. The trust has also demonstrated diligence in governance by implementing essential policies such as conflict of interest, whistleblower protection, and document retention. High program expense ratios at approximately 80% further illustrate that most of its funding is directed towards fulfilling its mission.

While the Landman Scholarship Trust exhibits many strengths, it is important for potential donors and beneficiaries to stay informed about its ongoing activities and impact. Although the financial metrics are robust, continued engagement and program evaluation will be essential for sustaining this high level of performance and ensuring the organization's long-term effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Landman Scholarship Trust legitimate?

Landman Scholarship Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Landman Scholarship Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.landman.org

What is the mission statement of Landman Scholarship Trust?

The Landman Scholarship Trust's mission is to offer financial aid and assistance to qualified students pursuing higher education in the field of natural resources management. This is achieved by providing scholarships to students enrolled in accredited institutions of higher learning that offer curriculums in petroleum or minerals land management. The scholarships are awarded based on the students' academic performance, school involvement, and a personal interview. Furthermore, the trust also provides memberships to the American Association of Petroleum Landmen (AAPL) to students and associate members. During the fiscal year, a significant number of scholarships were granted to several major universities and colleges. The trust also distributed numerous AAPL memberships.


Official website here: www.landman.org

Who is the CEO of Landman Scholarship Trust?

Dr Greta Zeimetz is the Aapl Executive Vice President of Landman Scholarship Trust.


Official website here: www.landman.org

What is the revenue of Landman Scholarship Trust?

Landman Scholarship Trust's revenue in 2022 was $835,150.


Official website here: www.landman.org

Who are the executives of Landman Scholarship Trust and what are their salaries?

There 14 volunteers at Landman Scholarship Trust.


Here are 15 key members and their salaries:


Greta Zeimetz (Aapl Executive Vice President)
  • Compensation: $0
  • Related: $319,003
  • Other: $62,921
Amanda Johnson (Aapl Chief Accounting Officer)
  • Compensation: $0
  • Related: $169,099
  • Other: $23,409
Nancy Mccaskell (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory M Riedl (Chairman/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kessler (Voting Trustee End: 06/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Spooner (Voting Trustee End: 06/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mona Ables (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefan Keplinger (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rice (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cranford Newell (Aapl Treasurer End: 06/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hamel B Reinmiller (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean W Marshall (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Britney Crookshanks (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt W Smith (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Moran (Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.landman.org

Where can I find the form 990 for Landman Scholarship Trust?

Landman Scholarship Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.landman.org

Learn more at the official website: www.landman.org

Mission Statement of Landman Scholarship Trust

The Landman Scholarship Trust, in its mission, aims to provide financial assistance and scholarships to qualified students pursuing education in the field of Natural Resources Management. By offering scholarships to students attending accredited institutions of higher learning, the Trust seeks to support individuals who are passionate about this field. The scholarships are awarded based on the students' academic performance, their involvement in school activities, and a personal interview. The Trust also extends memberships to the American Association of Petroleum Landmen (AAPL) to these students and associate members, further aiding their journey in Natural Resources Management. During the fiscal year, the Landman Scholarship Trust provided 66 scholarships to 12 major universities or colleges, demonstrating its commitment to fostering talent in this critical field.

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Impact




October, 2024

The Landman Scholarship Trust significantly impacts students pursuing education in natural resources management, particularly in fields such as petroleum or minerals land management. By providing scholarships to qualified students at accredited institutions, the trust helps alleviate the financial burden of higher education, allowing diverse and talented individuals to focus on their academic and professional aspirations.

During the last fiscal year, 66 scholarships were awarded to students at major universities and colleges, highlighting the trust's commitment to supporting academic excellence. Additionally, the provision of 482 memberships to the American Association of Professional Landmen (AAPL) further enhances students' professional development and networking opportunities in their chosen field.

Through these initiatives, the Landman Scholarship Trust not only fosters educational growth but also prepares the next generation of professionals to make meaningful contributions to the management of natural resources.




This information is meant to be a general summary of Landman Scholarship Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$835,150 (2022)
Expenses
$377,012 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $828,395
  • Gross Receipts: $2,794,059

Assets and Liabilities:

  • Total Assets: $8,674,942
  • Total Liabilities: $21,916
  • Net Assets: $8,653,026

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Organization Details

Founding Year

1994

Principal Officer

Dr Greta Zeimetz

Main Address

800 Fournier St, Fort Worth, TX, 76102

NTEE Category

Code: B82 - Education

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