What began as a round of golf before the 2005 Subsea Tieback (SSTB) Forum became the spark that ignited the creation of the Subsea Tieback Foundation. Sixteen industry professionals stopped at Magnolia Creek on the way to Galveston with the intention of simply playing golf and throwing some money into a hat for the winner.
Instead, the group decided to use the money to fund a scholarship that supported a degree and a career in the subsea business.
The idea grew rapidly, and in 2006, a board of directors was formed and established as a separate legal entity under the official name Subsea Tieback Scholarship Fund. Funds were raised through annual golf, sporting clays and 3-gun shoot tournaments scheduled to coincide with the SSTB Forum that were used to support a number of annual scholarships in the industry.
The Subsea Tieback Foundation is a domestic non-profit corporation organized to perform charitable activities within the meaning of Internal Revenue Code Section 501(c) (3). In 2014, to more closely represent the mission, the organization assumed the name Subsea Tieback Foundation.
Over the last 19 years, the Foundation has delivered on its mission by:
Providing scholarships to students in numerous engineering disciplines
Sponsorship of College Engineering Design Projects
Sponsorship of High School Design Projects
Taught classes and delivered presentations to numerous College Programs and Student Organizations
Supported numerous educational activities and opportunities with the SEATIGER ROV (See Educational Outreach page)
Provided representation on several University Engineering Advisory Boards
Sponsored and organized the annual Student Design Competition at the annual Subsea Tieback Forum
Our promise is to ensure the funds are used appropriately. There are no salaries or profits taken from the proceeds. All private donors will receive a receipt for donations and the accompanying 501(c) (3) paperwork for tax purposes. If you would like to donate directly, please feel free to contact Don Wells.