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Sme Foundation

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

EIN: 841175450 ✦ Englewood, CO ✦ Designated as a 501(c)(3)

Overview

What is Sme Foundation?

The Sme Foundation, a nonprofit based in Englewood, Colorado, is committed to advancing the field of mining and mineral processing through education and research. Its primary focus is on offering financial support to qualified individuals seeking doctoral degrees in these areas. By addressing the future labor deficiencies in the sector due to retirements, the Sme Foundation aims to ensure the sustainability of U.S. academic programs in mining and mineral processing. The organization also supports various scientific, technical, and educational activities that foster interchange, and its mission extends to promoting a strong, environmentally sound minerals industry. The Sme Foundation fulfills its mission by funding projects that disseminate mining/mineral information and technology worldwide, encouraging professional development, and educating the public about the role of the minerals industry in everyday life. Despite having a small team of one employee, the Sme Foundation's impact is significant in fostering the growth and development of the mining and mineral processing industry.


Official website here: www.smefoundation.org

Is Sme Foundation legitimate?

Sme Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sme Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $115,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,356

For more financial information, click here


Official website here: www.smefoundation.org

What is the mission statement of Sme Foundation?

The Sme Foundation's mission is centered around funding and promoting educational and outreach activities that align with the Society for Mining, Metallurgy, and Exploration (SME). The foundation achieves this by supporting projects that disseminate mining and mineral-related information and technology globally, fostering professional development, and educating children, teachers, and the public about the importance of the minerals industry in daily life. Additionally, the Sme Foundation works towards building consensus for a strong, environmentally sound minerals industry, both in the United States and internationally. Lastly, the foundation invests in college-level students and programs, aiming to meet industry demands for engineers and researchers in the future.


Official website here: www.smefoundation.org

Who is the CEO of Sme Foundation?

David L Kanagy is the Secretary of Sme Foundation.


Official website here: www.smefoundation.org

What is the revenue of Sme Foundation?

Sme Foundation's revenue in 2022 was $1,577,742.


Official website here: www.smefoundation.org

Who are the executives of Sme Foundation and what are their salaries?

The average compensation at Sme Foundation during 2022 was $341,856. There are 1 employees and 29 volunteers at Sme Foundation.

Here are 31 key members and their salaries:

    David L Kanagy (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $524,713
  • Other: $35,221

    • Megan Martin (Foundation Manager)
  • Compensation: $0
  • Related: $61,718
  • Other: $33,444

    • Steven Holmes (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary B Korpi (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Cole (Vp Of Finance) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas C Rauch (President Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael T Myers (Individual Fundraising Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William W Edgerton (Past President - Sme) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Beckstrom (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph M Driscoll (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Dale Elifrits (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Furniss (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Steven Gardner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter M Harala (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaisen N Kohmuench (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John N Murphy (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill R Nelson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua F Olmsted (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Eric Shereda (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert V Washnock (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Murray (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Hinshaw (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Lengerich (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Patton (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Sturgis (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shaun Graber (Scholarship Rep) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kurt D Kost (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew A Meyer (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sudhanshu Singh (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen M Tew (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William H Wilkinson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smefoundation.org

    Where can I find the form 990 for Sme Foundation?

    The Sme Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.smefoundation.org

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

    Mission Statement of Sme Foundation

    The Sme Foundation, a non-profit organization, is dedicated to the promotion of scientific, technical, and educational activities that foster exchange. The primary mission of the Sme Foundation is to serve as the funding source for the education and outreach of the Society for Mining, Metallurgy, and Exploration (SME) and the community it serves.

    In pursuit of this mission, the Sme Foundation supports projects that disseminate mining and mineral information and technology worldwide. This endeavor is aimed at encouraging professional development, educating various groups about the minerals industry's crucial role in everyday life, building consensus for a strong, environmentally sound minerals industry, and supporting college-level students and programs that meet industry demands for engineers and researchers in the future.

    By fulfilling its mission, the Sme Foundation seeks to empower the community it serves, fostering a better understanding of the mining and minerals industry and its importance. Through its efforts, the organization strives to nurture a strong, sustainable, and environmentally responsible minerals industry for the benefit of all.

    Impact

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




    Tuesday, June 18, 2024

    SME Foundation's impact is evident in its support of scientific, technical, and educational activities that foster interchange within the mining and extractive metallurgy industry. The Foundation's PhD-Fellowship program plays a crucial role in providing financial assistance to qualified candidates with industry experience who are pursuing a doctoral degree in mining or extractive metallurgy/mineral processing at accredited U.S. universities. By addressing long-term challenges facing the industry and supporting the education and professional development of future engineers and researchers, SME Foundation contributes significantly to the sustainability and growth of the mining and mineral processing sector.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $128,099
  • Program Service Revenue: $59,050
  • Gross Receipts: $1,622,900

    • Assets and Liabilities:
  • Total Assets: $5,661,329
  • Total Liabilities: $97,151
  • Net Assets: $5,564,178
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Registration income

    Revenue

    $59,050

    Organization Details

    Founding Year

    1991

    Principal Officer

    David L Kanagy

    Main Address

    12999 E Adam Aircraft Circle, Englewood, CO, 80112

    NTEE Category

    Code: C30Z - Environment

    If you are a representative of Sme Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.