HOUSTON, TX

Eog Scholarship Fund

Quick Facts

EIN: 760479501
Location: HOUSTON, TX
Category: Education
Total Assets: $1.2M
Annual Income: $197K
IRS Ruling Year: 1995
Organization Type: Non-Operating Foundation
Principal Officer: % Michele L Hatz
Tax Deductibility: Contributions are deductible

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About This Foundation

Eog Scholarship Fund is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1995. The principal officer is % Michele L Hatz. It holds total assets of $1.2M. Annual income is reported at $197K. SCHOLARSHIPS AWARDED TO 15 RECIPIENTS BASED ON SCHOLASTIC ACHIEVEMENT FINANCIAL NEED WRITING SKILLS COMMUNITY SERVICE AND DEMONSTRATED LEADERSHIP. According to available records, Eog Scholarship Fund has made 62 grants totaling $349K, with a median grant of $5K. The foundation has distributed between $80K and $98K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $98K distributed across 15 grants. Individual grants have ranged from $5K to $7K, with an average award of $6K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.

Application Information

Deadline

FEB 1 THROUGH MARCH 31, ANNUALLY

Restrictions

Applicants must be an unmarried and a natural or legally adopted child (including any stepchild or foster child living in the employee's home) of an employee or retiree of EOG Resources, Inc. or its subsidiary. Additionally, the child must be a high school graduate and must be accepted for the coming year as an undergraduate at an accredited college or university, excluding military academies. Scholarship recipients are selected based on financial need, scholastic achievement, writing skills, demonstrated leadership and community service. The number of scholarships depends on the number of completed applications received. In accordance with the Determination Letter issued by the Internal Revenue Service and dated February 28, 2002, no more than 25% of the total applicants can be awarded scholarships for a given academic year.

Programs & Activities

SCHOLARSHIPS AWARDED TO 16 RECIPIENTS BASED ON SCHOLASTIC ACHIEVEMENT, FINANCIAL NEED, WRITING SKILLS, COMMUNITY SERVICE, AND DEMONSTRATED LEADERSHIP.

Expenses: $82K

HONORARIUMS PAID TO SELECTION COMMITTEE MEMBERS.

Expenses: $2K

Frequently Asked Questions

What does Eog Scholarship Fund fund?

SCHOLARSHIPS AWARDED TO 15 RECIPIENTS BASED ON SCHOLASTIC ACHIEVEMENT FINANCIAL NEED WRITING SKILLS COMMUNITY SERVICE AND DEMONSTRATED LEADERSHIP. Based on available records, the foundation has funded 62 grants. Its grantmaking reaches organizations primarily in TX.

How much does Eog Scholarship Fund give in grants?

Eog Scholarship Fund has distributed a total of $349K across 62 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $5K to $7K.

How do I apply for a grant from Eog Scholarship Fund?

The application deadline is FEB 1 THROUGH MARCH 31, ANNUALLY. Applicants must be an unmarried and a natural or legally adopted child (including any stepchild or foster child living in the employee's home) of an employee or retiree of EOG Resources, Inc. or its subsidiary. Additionally, the child must be a high school graduate and must be accepted for the coming year as an undergraduate at an accredited college or university, excluding military academies. Scholarship recipients are selected based on financial need, scholastic achievement, writing skills, demonstrated leadership and community service. The number of scholarships depends on the number of completed applications received. In accordance with the Determination Letter issued by the Internal Revenue Service and dated February 28, 2002, no more than 25% of the total applicants can be awarded scholarships for a given academic year.

Where is Eog Scholarship Fund located?

Eog Scholarship Fund is headquartered in HOUSTON, TX.

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$93K

2023-17%

Total Assets

$1.2M

2023+2%

Fair Market Value

$1.6M

2023

Net Worth

$1.2M

2023

Grants Paid

$80K

2023

Contributions

2023

Net Investment Income

$106K

2023

Distribution Amount

$74K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Revenue Sources (2023)

Capital Gains (Net): $76K
Dividends: $39K
Interest: $2K

Financial Details (2023)

Total Revenue: $117K
Total Expenses: $93K
Exempt Purpose Expenses: $82K
Required Distribution: $74K
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $1K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$349K

Average Grant

$6K

Median Grant

$5K

Unique Recipients

Most Common Grant

$5K

Grant Disbursements by Year

Grant Range

Min$5K

Max$7K

Median: $5K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

TX$349K (62)

Past Grantees

Recipient	Location	Amount	Year
Recipient OneSCHOLARSHIP FOR COLLEGE EDUCATION	Houston, TX	$5K	2023
Recipient TwoSCHOLARSHIP FOR COLLEGE EDUCATION	Houston, TX	$5K	2023
Recipient ThreeSCHOLARSHIP FOR COLLEGE EDUCATION	Houston, TX	$5K	2023
Recipient FourSCHOLARSHIP FOR COLLEGE EDUCATION	Houston, TX	$5K	2023
Recipient FiveSCHOLARSHIP FOR COLLEGE EDUCATION	Houston, TX	$5K	2023