Foundation Gifts Support Programs

American Association of Petroleum Geologists (AAPG)

The AAPG Foundation, which enjoyed a record year of member support in 2007, continues to receive generous gifts from donors.

Gifts to the Foundation – including cash, stocks and other securities, real estate, retirement plan assets and bequests – help fund the Foundation’s mission of supporting educational, charitable and scientific objectives that benefit the geologic profession and general public.

Recent gifts of $50,000 or more to the Foundation by Trustee Associates include:

Larry Funkhouser, an AAPG past president, Sidney Powers medalist and Honorary Member, has provided additional funding to the Lawrence W. Funkhouser Named Grant – which provides an annual $2,000 grant to support a graduate student at Stanford University – and to a yet-to-be designated fund.

Marge Reid, an honorary Trustee Associate, has made a generous memorial gift to the General Fund honoring her husband, the late Eugene F. “Bud” Reid. Gifts to the General Fund support any activity that the Trustees deem worthy and in accord with the Foundation’s mission.

Eddie David, another AAPG past president, recently contributed a generous memorial gift to the Bernold M. “Bruno” Hanson Memorial Environmental Grant-in-Aid that will provide an annual $2,000 grant toward the study of specific environmental issues related to exploration and production of petroleum and energy minerals, or application of technologies developed/employed in petroleum or energy minerals industries to environmental problems.

Additional Trustee Associates’ contributions of $10,000 or more have been received from Richard Baile (General Fund); Pete Rose (Visiting Geoscientist Program); Lewis Burleson (General Fund); Richard Stallings (General Fund); and Jerry Namy (K-12 Education Fund).

The Foundation Trustees recently implemented new grant procedure guidelines, which emphasize the Foundation’s funding process, areas of priority support, restrictions, Letter of Inquiry guidelines and grant application format guidelines. Organizations requesting funding will be asked to follow these procedures.

The next deadline to submit a Letter of Inquiry is March 10. Details are included on the Foundation Web site .

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