2024-01-17T10:25:04-08:00 2023-06-30 721449713 J HEATH & COMPANY 708 Rosa Ave Metairie LA 70005 990 2022-07-01 721220999 New Orleans Geological Society Memorial Foundation NEWO 5047999938 5500 Prytania St 604 New Orleans LA 70115 Doug Bradford President 2024-01-17 true Doug Bradford 999009999 true Jennifer H Heath CPA P00054420 5048321873 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 5500 Prytania St 604 New Orleans LA 70115 96544 false X N/A X 1992 LA The Foundation's mission is to provide a source of revenue from which income can be derived to be used to provide for any other Earth Science related educational or scientific purpose compatible with the purpose of the Foundation. 6 6 0 0 12276 11180 0 94926 85364 0 107202 96544 32000 37500 0 0 0 0 26523 30535 58523 68035 48679 28509 1291745 1328482 0 1291745 1328482 The Foundation's mission is to provide a source of revenue from which income can be derived to be used to provide for any other Earth Science related educational or scientific purpose compatible with the purpose of the Foundation. false false 27500 27500 The granting of scholarships to outstanding Geology students at the universities in the Southeast Louisiana Region having a comprehensive curriculum and offering a degree in Geology, specifically being Tulane University, University of New Orleans, and Louisiana State University. 10000 10000 Donations to various Science/Geology oriented organizations/programs 37500 true true false false false false false false false false false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true false true false true 0 0 true 0 false false false false false false false 0 false false false false false false false X 6 6 false false false false false false false true true false false false false false false false false false X Christy Himel 5047999938 5500 Prytania St 604 New Orleans LA 70115 X Charles Holman Director 1.00 0.00 X X 0 0 0 Doug Bradford Secretary 1.00 0.00 X X 0 0 0 Bob Meltz President 0.00 0.00 X 0 0 0 Bill Whiting Director 0.00 0.00 X 0 0 0 Mike Fein Director 0.00 0.00 X 0 0 0 Michael Hopkins Director 0.00 0.00 X 0 0 0 Brian Bothner Director 0.00 0.00 X 0 0 0 0 false false false 0 11180 11180 0 85364 85364 0 0 0 0 0 0 0 0 96544 85364 10000 10000 27500 27500 0 0 0 0 0 0 0 0 18217 18217 5670 5670 0 0 0 0 0 0 1594 1594 3470 3470 0 0 0 0 0 0 0 0 1195 1195 Postage and Shipping 389 389 0 68035 37500 30535 0 67505 56138 0 0 0 0 0 0 0 0 0 0 1224240 1272344 0 0 0 1291745 1328482 0 0 X 1291745 1328482 1291745 1328482 1291745 1328482 28509 8228 X false false false X 125 2350 2276 1180 5931 0 0 125 2350 2276 1180 5931 0 5931 68731 35439 61799 94926 85364 346259 0 10000 10000 10000 30000 382190 0.01550 0.05930 X Current Year Facts and Circumstances: The New Orleans Geological Memorial Foundation was founded on January 31, 1992 by the New Orleans Geological Society, a society of geologists working in the New Orleans metropolitan area, at the peak of the oil and gas industry in this area. In the past several years, oil and gas companies have slowly moved their offices out of the area taking the industry's geological jobs with them. Because of this, contributions of public support have also steadily decreased. With the current low price of oil, and due to the longevity and therefore appreciation of the foundation's investments, the investment income of the foundation has increased. The result is that due to the decreased pool of contributors and the increased value of investments, its been harder for the organization to meet the 33-1/3 percent public support test. Now that this has come to the organization's attention, more effort is being made to communicate this information to the society's members as well the oil and gas industry in the area for purposes of seeking an increase in public support. The organization's percentage is currently at 1.55% compared to the most recent prior years percentages of 5.93%, 13.58%, 18.66%, 27.14%, and 27.76%. Please accept these facts and circumstances for purposes of meeting the 10% or greater facts-and-circumstances test on Form 990, Schedule A, Part II, Section C, Line 17. Prior Year Facts and Circumstances: The New Orleans Geological Memorial Foundation was founded on January 31, 1992 by the New Orleans Geological Society, a society of geologists working in the New Orleans metropolitan area, at the peak of the oil and gas industry in this area. In the past several years, oil and gas companies have slowly moved their offices out of the area taking the industry's geological jobs with them. Because of this, contributions of public support have also steadily decreased. With the current low price of oil, and due to the longevity and therefore appreciation of the foundation's investments, the investment income of the foundation has increased. The result is that due to the decreased pool of contributors and the increased value of investments, its been harder for the organization to meet the 33-1/3 percent public support test. Now that this has come to the organization's attention, more effort is being made to communicate this information to the society's members as well the oil and gas industry in the area for purposes of seeking an increase in public support. The organization's percentage is currently at 5.93% compared to the most recent prior years percentages of 13.58%, 18.66%, 27.14%, and 27.76%. Please accept these facts and circumstances for purposes of meeting the 10% or greater facts-and-circumstances test on Form 990, Schedule A, Part II, Section C, Line 17. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1272344 true 0 0 Scholarships 12 27500 Grantmaker's Description of How Grants are Used The society offers scholarships to outstanding Geology students at the universities in the Southeast Louisiana Region having a comprehensive curriculum and offering a degree in Geology, specifically being Tulane University, University of New Orleans, and Louisiana State University. The universities make the decisions and send the nominees to the society. If all qualifications are met, the student is awarded the scholarship. Form 990, Part VI, Section B, Line 11b New Orleans Geological Society's Accountant, Christy Himel, in connection with the accountants at J Heath & Company LLC furnish the members with the tax return when completed. Form 990, Part VI, Section C, Line 19 No documents are available to the public unless requested/required. New Orleans Geological Society 810 Union Street Suite 300 New Orleans LA 70112 721220999 LA 501(c)(6) N/A false false false false false false false false false false false false false false true false true false false false New Orleans Geological Society n 9659 Allocation New Orleans Geological Society p 18217 Allocation