2024-08-13T14:31:45-05:00 2023-09-30 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2022-10-01 841175450 SME FOUNDATION SMEF 3039484277 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 DAVID L KANAGY SECRETARY/TREASURER 3039484277 2024-08-12 1 1 STEVEN TALBOT P01695427 5058787200 2024-08-12 2022 2024-08-08 14:25:15Z DAVID L KANAGY 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 1655122 0 X SMEFOUNDATION.ORG X 1991 CO SUPPORT OF SCIENTIFIC, TECHNICAL AND EDUCATIONAL ACTIVITIES THAT FOSTER INTERCHANGE. 28 27 1 40 0 0 1329663 1281227 59050 0 128099 156135 60930 5379 1577742 1442741 899201 876700 0 0 388409 414677 0 0 0 278560 269294 1566170 1560671 11572 -117930 5661329 5923677 97151 79630 5564178 5844047 X THE MISSION OF THE SME FOUNDATION IS TO BE THE SOURCE OF FUNDING FOR EDUCATION AND OUTREACH OF THE SOCIETY FOR MINING, METALLURGY, AND EXPLORATION (SME) AND THE COMMUNITY IT SERVES. THE SME FOUNDATION FULFILLS ITS MISSION BY SUPPORTING PROJECTS THAT DISSEMINATE MINING/MINERAL INFORMATION AND TECHNOLOGY WORLDWIDE; ENCOURAGE PROFESSIONAL DEVELOPMENT; EDUCATE CHILDREN, TEACHERS, AND THE PUBLIC ABOUT THE SIGNIFICANT ROLE THAT THE MINERALS INDUSTRY PLAYS IN THEIR EVERYDAY LIVES; BUILD CONSENSUS FOR A STRONG, ENVIRONMENTALLY SOUND MINERALS INDUSTRY IN THE UNITED STATES AND THE WORLD; AND SUPPORT COLLEGE-LEVEL STUDENTS AND PROGRAMS MEETING INDUSTRY DEMANDS FOR ENGINEERS AND RESEARCHERS IN THE FUTURE. 0 0 780754 780000 THE PHD-FELLOWSHIP PROGRAM FOCUSES ON PROVIDING FINANCIAL SUPPORT TO QUALIFIED CANDIDATES WITH INDUSTRY EXPERIENCE AND A DESIRE TO PURSUE AN ACADEMIC CAREER, WHO ARE CURRENTLY ENROLLED OR HAVE BEEN FORMALLY ACCEPTED IN A U.S. ACADEMIC INSTITUTION, WITH THE MEANS OF ACQUIRING A DOCTORAL DEGREE IN THE FIELD OF MINING OR EXTRACTIVE METALLURGY/MINERAL PROCESSING AT A U.S. ACRREDITED UNIVERSITY. SME HAS IMPLEMENTED THESE PROGRAMS TO ADDRESS THE LONG-TERM CHALLENGES THAT THREATEN THE SUBSTAINABILITY OF U.S. MINING AND MINERAL PROCESSING/EXTRACTIVE METALLURGY ACADEMIC DEGREE GRANTING PROGRAMS, AS WELL AS THE LOOMING FUTURE LABOR DEFICIENCIES WITH RETIREMENT OVER THE NEXT TWO DECADES. 248432 1200 13586 THE MINERAL EDUCATION COALITION (MEC) IS THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION FOUNDATION'S DESIGNATED PROGRAM TO DEVELOP AND DELIVER ACCURATE AND TIMELY K-12 EDUCATION MATERIALS AND ACTIVITIES AND CONDUCT PUBLIC AWARENESS OUTREACH ABOUT MINING AND MINERALS. THE MEC IS THE SUCCESSOR ENTITY OF THE MINERAL INFORMATION INSTITUTE (MII) WHICH WAS MERGED AS OF NOVEMBER 1, 2008 AND SME'S GOVERNMENT, EDUCATION AND MINING (GEM) PROGRAM. 66586 60000 THE PENG GROUND CONTROL MINING AWARD IS GIVEN IN RECOGNITION OF INDIVIDUALS THAT HAVE DEMONSTRATED TECHNICAL AND SCIENTIFIC EXCELLENCE IN ADVANCING THE UNDERSTANDING OF GROUND CONTROL TECHNOLOGIES OR APPROACHES BY EITHER PUBLICATION OR DIRECT APPLICATIONS IN THE MINING INDUSTRY. THE ANNUAL AWARD WILL BE GIVEN TO AN INDIVIDUAL OR GROUP THAT: (1) HAS SHOWN INSIGHT AND UNDERSTANDING OF GROUND CONTROL ISSUES BY DEVELOPING CONCEPTS, THEORIES OR TECHNOLOGIES THAT HAVE BEEN ADOPTED BY THE MINING COMMUNITY, OR (2) HAS SUCCESSFULLY IMPLEMENTED A GROUND CONTROL DESIGN OR DESIGNS OR PRACTICES. THE AWARD WILL BE AVAILABLE TO INDIVIDUALS/GROUPS THAT HAVE MADE SUCH CONTRIBUTIONS TO GROUND CONTROL RELATED TO COAL AND/OR NONCOAL (METALS, COMMODITIES, ETC.) OR AGGREGATE MINES. IN ADDITION, IN 2009, THE SYD S. PENG FUND ADDED TWO GROUND CONTROL IN MINING SCHOLARSHIPS TO PROMOTE THE SCIENCE OF GROUND CONTROL. RECENT TRENDS IN MINING ENGINEERING PROFESSIONALS INDICATE A SHORTAGE OF COMPETENT GROUND CONTROL ENGINEERS. TO HELP REMEDY THIS SITUATION AND PROMOTE THE GROUND CONTROL ENGINEERING DISCIPLINE, AN UNDERGRADUATE AND/OR GRADUATE SCHOLARSHIP(S) WILL BE AWARDED ANNUALLY TO ENCOURAGE THE DEVELOPMENT OF GROUND CONTROL ENGINEERS. 422263 35500 EDUCATION, OUTREACH, AND EVENTS. MOVE MINING IS A DYNAMIC COMPETITION AIMED AT ELEVATING THE PERCEPTION OF MINING. TEAMS PITCH THEIR BEST IDEAS ON HOW TO SHARE THE EVERYDAY IMPORTANCE OF MINING WITH THE PUBLIC. 422263 35500 1518035 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 27 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CO X JOE MOW 3039484218 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 KANAGY DAVID L SECRETARY/TREASURER 5.00 50.00 X X 0 565018 38776 RAUCH THOMAS C SMEF PRESIDENT 2.00 0.00 X X 0 0 0 COLE ANDREW P SMEF PRESIDENT-ELECT 2.00 0.00 X X 0 0 0 HOLMES STEVEN C SMEF PAST PRESIDENT 2.00 0.00 X X 0 0 0 MYERS MICHAEL T IFC CHAIR 2.00 0.00 X X 0 0 0 GRABER SHAUN P CGC CHAIR 2.00 0.00 X X 0 0 0 PARRATT RONALD L SME PAST PRESIDENT 2.00 2.00 X X 0 0 0 DRISCOLL JOSEPH M MEMBER 2.00 0.00 X 0 0 0 ELIFRITS C DALE MEMBER 2.00 0.00 X 0 0 0 LENGERICH MATTHEW D MEMBER 2.00 0.00 X 0 0 0 PATTON MICHAEL W MEMBER 2.00 0.00 X 0 0 0 STURGIS GEORGE A JR MEMBER 2.00 0.00 X 0 0 0 GARDNER J STEVEN MEMBER 2.00 0.00 X 0 0 0 HARALA PETER M MEMBER 2.00 0.00 X 0 0 0 KOHMUENCH JAISEN D MEMBER 2.00 0.00 X 0 0 0 NELSON JILL R MEMBER 2.00 0.00 X 0 0 0 SHEREDA J ERIC MEMBER 2.00 0.00 X 0 0 0 SINGH SUDHANSHU MEMBER 2.00 0.00 X 0 0 0 TEW KATHLEEN M MEMBER 2.00 0.00 X 0 0 0 WASHNOCK ROBERT V MEMBER 2.00 0.00 X 0 0 0 BECKSTROM GREGORY A MEMBER 2.00 0.00 X 0 0 0 HINSHAW GREGORY E MEMBER 2.00 0.00 X 0 0 0 KORPI MARY B MEMBER 2.00 0.00 X 0 0 0 KOSLOSKI KATHRYN F MEMBER 2.00 0.00 X 0 0 0 KOST KURT D MEMBER 2.00 0.00 X 0 0 0 MURPHY JOHN N MEMBER 2.00 0.00 X 0 0 0 OLMSTED JOSHUA F MEMBER 2.00 0.00 X 0 0 0 WILKINSON WILLIAM H MEMBER 2.00 0.00 X 0 0 0 FURNISS MATTHEW MEMBER (THROUGH 02/2023) 2.00 0.00 X 0 0 0 EDGERTON WILLIAM W PAST PRESIDENT (THROUGH 02/2023) 2.00 2.00 X 0 0 0 MURRAY RYAN MEMBER (THROUGH 02/2023) 2.00 0.00 X 0 0 0 MEYER DREW A MEMBER (THROUGH 02/2023) 2.00 0.00 X 0 0 0 MARTIN MEGAN S FOUNDATION MANAGER 40.00 0.00 X 0 79426 28703 0 644444 67479 0 1 1 0 0 97200 128600 1055427 1281227 156135 156135 129 129 203884 97200 212381 -8497 -8497 13457 0 13457 13457 290 290 290 1442741 13586 0 147928 X 1200 1200 875500 875500 108129 108129 246127 246127 39345 39345 21076 21076 3500 3500 39136 39136 13990 13990 15914 15914 22836 22836 69826 69826 18569 18569 43701 43701 PRINTING AND PUBLICATIO 21181 21181 MEMBERSHIP AND SUBSCRIP 19872 19872 769 769 1560671 1518035 42636 0 4174 75571 0 398691 22745 20983 44000 44000 6286 0 5411129 5242274 216995 186158 5661329 5923677 2500 0 94651 79630 97151 79630 X 2429647 2923535 3134531 2920512 5564178 5844047 5661329 5923677 -117930 397799 0 X 0 1 X 1 0 X 947419 726870 1029016 1329663 1281227 5314195 947419 726870 1029016 1329663 1281227 5314195 1152013 4162182 1986 88105 117458 128099 156135 491783 17529 103143 84671 33609 0 238952 19675 1195 16303 290 37463 6082393 352257 0.68430 0.81100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2747719 40645 240446 127601 2901209 2959593 42886 -254760 2747719 2731223 51574 272833 96037 2959593 2706450 80784 95765 151776 2731223 2583486 132857 125726 38000 97490 2706579 0.00000 0.87000 0.13000 0 0 44000 44000 0 0 X PART V, LINE 4: ENDOWMENT FUND PROCEEDS ARE USED FOR VARIOUS STUDENT SCHOLARSHIPS. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX DURING THE YEAR ENDED SEPTEMBER 30, 2023. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES FROM UNRELATED BUSINESS INCOME. AFTER THEY ARE FILED, THE SOCIETY'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY THREE YEARS FOR FEDERAL RETURNS AND FOUR YEARS FOR STATE RETURNS. THE SOCIETY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2023, AND THERE WERE NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIOD REPORTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. GOLF TOURNAMENT 137593 87402 50191 38585 19628 25887 SILENT AUCTION 47181 9798 37383 17800 1 116310 116310 99108 11373 301084 97200 203884 38585 118736 55060 212381 -8497 1 SCHOLARSHIPS 38 875500 PART I, LINE 2: THE ORGANIZATION SELECTS QUALIFYING APPLICANTS PURSUING HIGHER EDUCATION BASED ON THEIR QUALIFICATIONS AND DISBURSES FUNDS DIRECTLY TO THE UNIVERSITY OR COLLEGE. NO CASH CHANGES HANDS. FUNDS ARE MONITORED VIA GRADES AND OTHER FEEDBACK REPORTING FROM EACH SCHOLARSHIP RECIPIENT. 0 0 0 0 0 0 0 0 0 KANAGY DAVID L SECRETARY/TREASURER 0 475467 0 89551 0 0 0 21350 0 17426 0 603794 0 0 FORM 990, PART V, LINE 2A STAFF ARE COMPENSATED BY A RELATED ORGANIZATION, THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION, INC. (SME). SME FILES ALL REQUIRED PAYROLL INFORMATION RETURNS AS REQUIRED BY THE IRS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE FOUNDATION IS THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION INC. (SME). FORM 990, PART VI, SECTION A, LINE 7A PER THE FOUNDATION'S BYLAWS, TRUSTEES ARE ELECTED BY THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION. FORM 990, PART VI, SECTION A, LINE 7B PER THE BYLAWS, CERTAIN GOVERNANCE DECISIONS LIKE REMOVING TRUSTEES AND MAKING CHANGES TO THE BYLAWS MUST HAVE APPROVAL BY THE MEMBER (SME). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND IS REVIEWED BY THE ORGANIZATION'S FINANCE TEAM. THE RETURN IS THEN REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS SIGNED BY EVERY BOARD MEMBER AND IS COLLECTED ANNUALLY. PARTICIPATION IN DISCUSSION IS NOT ALLOWED IF A POTENTIAL CONFLICT IS IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS ARE COMPENSATED BY A RELATED ORGANIZATION (SME.) THE FOUNDATION MANAGER'S COMPENSATION IS DETERMINED BY THE SME EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINES 5-10 SME FOUNDATION SHARED EMPLOYEES WITH SOCIETY FOR MINING, METALLURGY AND EXPLORATION, INC. (SME), A RELATED ORGANIZATION. STAFF ARE COMPENSATED BY SME AND SME FILES ALL REQUIRED PAYROLL INFORMATION RETURNS AS REQUIRED BY THE IRS. SME FOUNDATION REIMBURSES SME FOR THE EMPLOYEES' TIME RELATED TO SME FOUNDATION AND THE REIMBURSEMENTS ARE REPORTED ON PART IX, LINES 5-10. SOCIETY FOR MINING METALLURGY & EXPLORATION INC 12999 E ADAM AIRCRAFT CIRCLE ENGLEWOOD CO 80112 742338444 RESEARCH CO 501(C)(3) LINE 10 N/A 0 ONEMINE INC 12999 E ADAM AIRCRAFT CIRCLE ENGLEWOOD CO 80112 261963151 RESEARCH CO 501(C)(3) LINE 10 SOCIETY FOR MINING METALLURGY & EXPLORATION INC 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 1