Showing Cause: Why the Foundation Matters
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Do you ever wonder why the AAPG Foundation exists?
Most know that it exists to do good things to support the geosciences – but sometimes it’s a good idea to revisit the original intent to make sure we are fulfilling the wishes of the founders.
According to the Bylaws, the specific purposes and objectives of this corporation are:
- To establish a permanent entity to conduct educational, charitable and scientific activities related to or allied with the field of geology.
- To make contributions to any organization described in Section 501(c)(3) of the Internal Revenue Code of 1954, with the exception of organizations testing for public safety.
- To conduct research, both directly and through the promotion, assistance, encouragement, support and furtherance of studies and research, in the field of geology and in sciences related thereto.
- To disseminate information relating to geology and related fields through lectures, seminars, publications, educational courses, teaching aids, and by other means and materials.
- To carry on programs of continuing education in geology and related studies.
- To assist in career guidance to persons interested in the field of geology or related fields.
- To assist public and private schools (elementary and secondary) and colleges and universities and technical schools in teaching and education in the field of geology and related fields.
- To provide scholarships, prizes, awards, gifts, educational loans and other kinds of support to assist or reward persons engaged in the study of and/or pursuit of the science of geology or related fields.
- To establish fellowships or “chairs” in colleges and universities in order to further education and knowledge in the field of geology and related fields.
- To work with and support (including contributions from the corporation) other organizations with similar objectives which are in themselves tax-exempt educational or scientific organizations under the Internal Revenue Code.
- To support activities of other organizations with financial assistance, so long as the activity supported is one in which the corporation, as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1954, may engage and the financial assistance is so utilized.
Our goals are lofty, and our plans are many. To learn more about how the AAPG Foundation is accomplishing these purposes and objectives, or to contribute to our mission, visit foundation.aapg.org.