Overview
What is Sipes Foundation?
The Sipes Foundation is a nonprofit organization that is dedicated to advancing education in Earth sciences. They achieve this by providing scholarships to promising upper-division and graduate students pursuing studies in Earth sciences or Engineering. Beyond scholarships, their commitment to education extends to maintaining a public Earth science film library. Despite bearing indirect overhead costs of $6,000, the library remains accessible to the public, contributing to the overall goal of fostering knowledge and understanding in this field.
Is Sipes Foundation legitimate?
Sipes Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sipes Foundation submitted a form 990EZ, 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.
What is the mission statement of Sipes Foundation?
The Sipes Foundation's mission is centered around promoting education in the field of Earth sciences. They accomplish this through various initiatives, primarily by granting scholarships to promising university students pursuing studies in Earth sciences or Engineering. Furthermore, the foundation maintains an Earth science film library, making it accessible for public use, despite incurring indirect overhead costs of $6,000.
Who is the CEO of Sipes Foundation?
Neil D Sharp is the President of Sipes Foundation.
What is the revenue of Sipes Foundation?
Sipes Foundation's revenue in 2022 was $73,663.
Who are the executives of Sipes Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Sipes Foundation?
Sipes Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Sipes Foundation
The Sipes Foundation, a dedicated organization, fosters education in the field of Earth sciences. It achieves this mission through various initiatives. One of its key strategies is granting scholarships to university students pursuing higher education in Earth sciences or Engineering. These scholarships are merit-based, recognizing and rewarding the promising talent of recipients in these disciplines.
Beyond scholastic support, the Sipes Foundation also maintains an Earth science film library. This extensive collection is open to the public, serving as a valuable resource for individuals interested in Earth sciences. However, it's important to note that maintaining this library incurs indirect overhead costs of $6,000 annually. Despite these expenses, the Sipes Foundation continues to provide this resource for the broader community's benefit.
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Impact
August, 2024
The Sipes Foundation's impact lies in its promotion of education in Earth sciences through various initiatives. It awards scholarships to upper-division and graduate university students showing promise in the study of Earth sciences or Engineering. Additionally, it maintains an Earth science film library for public use, despite facing indirect overhead costs. This foundation plays a crucial role in supporting and advancing education in these fields, ultimately contributing to the development of future leaders and experts in Earth sciences and engineering.
This information is meant to be a general summary of Sipes Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,458
- Gross Receipts: $73,663
Assets and Liabilities:
- Total Assets: $352,829
- Total Liabilities: $0
- Net Assets: $352,829
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Organization Details
Phone
(214) 363-1780Principal Officer
Neil D Sharp
Main Address
1401 North Central Expressway 105, Richardson, TX, 75080
NTEE Category
Code: T00 - Philanthropy
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