About the Foundation
Building Financial Resources
- The Foundation works to generate financial resources to support SEPM programs and priorities.
- The Foundation reports to donors and SEPM members to explain how SEPM Foundation programs benefit from endowed funds and strengthen sedimentary geology.
- The Board of Trustees ensures transparent, cost-effective operations and open communication with the Society, as well as prudent management.
Mission & History
- The mission of the SEPM Foundation is to develop and provide funds to support the goals and programs of the Society for Sedimentary Geology (SEPM). These funds are distributed according to the needs of the Society and in a manner consistent with the desire of the donors.
The SEPM Foundation, Inc. was founded in 1983 by then SEPM President John Warme and others interested in providing SEPM, then a 501.c.6 business league through its corporate relationship with AAPG, a 501.c.3 receptacle for tax deductible charitable contributions. In 1984, $31,000 was transferred to the SEPM Foundation, Inc. from the SEPM Fund in the AAPG Foundation. In 1984 fundraising was initiated with solicitations to SEPM members.
In 1988, the Society reincorporated as a 501.c.3 educational, charitable and scientific organization, itself qualified to accept tax deductible charitable contributions. Consideration again was given to the potential for duplication of effort and the possibility of merging the two bodies. It was determined that the Foundation provided the Society and its Council the potentially ideal mechanism for securing financial support. In 1992, the SEPM Foundation, Inc. voted to establish a stronger tie to SEPM by the adoption of policies providing the Society Officers the authority to approve the nominations to the Foundation Board of Directors. In 1993, the President of the Foundation was added to the Council of the Society.
Board of Trustees
Board of Trustee Volunteer Leaders
These dedicated sedimentary geologists govern the SEPM Foundation:
Dr. J. Frederick Sarg, President
Dr. John Snedden, First vice-president
Dr. Donna Anderson, Second vice-president
Dr. John Robinson, Secretary
Dr. Richard Fluegeman, Treasurer