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About Our Auction
The AEG Foundation's vision is to create a culture of giving back to the profession, and to instill complete confidence in donors that their money is well-invested and well-spent. Our core programs emphasize scholarship, research, and professional development to improve professional practice. We support outreach to increase the public's appreciation of environmental and engineering geology in geo-hazard evaluation and risk reduction.
One way that you can help support the AEG Foundation is by participating in the Silent Auction. After taking a year off of hosting a Silent Auction, the AEGF is looking forward to making this Silent Auction a success, but we need our help! The AEGF manages 24 funds, which includes 13 scholarship funds, 8 grants, and 3 foundation support programs. To learn more about our funds, please visit https://aegfoundation.org/grant-scholarships/
Last year, the AEGF was able to provide 20 scholarships to students totaling $55,000, and we are hoping to award even more this year. Please take a look through the Silent Auction items and place your bids to help support the AEGF.
Additionally, if you would like to make a donation, please visit https://aegfoundation.app.neoncrm.com/forms/donate . You can make a one-time donation, or get set up to make a monthly donation to your chosen fund(s). The Silent Auction will benefit the Diversity Funds this year.
Factual Information
Our Federal Tax Identification Number is 94-3168991.
Our California Registry of Charitable Trusts number is CT87308.
Our California Corporation number is C1524975.
Eleven-member Board of Directors meets at the table twice a year and by telephone conference several times a year. Directors donate their time and expenses to attend board meetings.
Board governance includes: formal agendas and minutes, annual budget process, annual accounting reviews by a CPA who also prepares tax/information returns, contract part-time Operations Manager, Bylaws, Policies and Fund Charters that set fund operating criteria and goals for every fund. Books are kept on the accrual basis and in accordance with nonprofit accounting standards.
We maintain Directors and Officers insurance, and general liability insurance.
We have and follow Board Policies on Investment, Conflict of Interest, Compliance, Expense Reimbursement, Anti-harassment, Whistleblower, Document Retention, Board Member Expectations, Foundation Gift Acceptance, and Donor Privacy.
Member: California Association of Nonprofits, Member # 7329
We file these tax and information returns:
Federal form 990
California form 199
California form RRF-1, Attorney General's Registry of Charitable Trusts
California Secretary of State form 100
Listed in GuideStar (May be listed under the original name: Engineering Geology Foundation).
About AEG Foundation
The AEG Foundation was founded in 1992 by three past presidents of the Association of Engineering Geologists. Incorporated in California as the Engineering Geology Foundation, the name was changed to AEG Foundation effective October 19, 2004. Since that time, our assets have grown to the current amount of over $1,050,000 at the end of Fiscal Year 2021.
The AEG Foundation Board has adopted governance policies to guide operations. Asset management is guided by an Investment Policy. Directors are bound by a Conflict of Interest Policy. The Foundation has a Compliance Policy that guides the preparation and filing of state and federal tax and information returns, and other regulatory filings. We review all Charters and policies on a regular basis.