The Schlumberger Foundation is a non-profit organization overseen by a Board of Directors and managed and administered by Schlumberger employees. It operates under two legal entities, the Schlumberger Foundation Inc., registered in 1954 in the United States and the Schlumberger Stichting Fund registered in 1985 in the Netherlands.
The first reference to a Foundation created in the United States was in the 1954 Schlumberger Annual Report as follows: “Through the years we have relied heavily on our universities as the source of the technical personnel to whom so much of our progress is due. As an acknowledgement of the essential role that these universities have played in our past growth and will play in our future, your Board of Directors has created the Schlumberger Foundation for the purpose of establishing scholarships and fellowships for scientific studies.”
Since its inception the Foundation has focused on funding a variety of programs in scientific education all over the world: