Program areas at SK Foundation USA
The Foundation provides funding to support humanitarian services to care for the needy, sick, poor, widowed, and/or elderly persons, including those overseas, which includes, but is not limited to, purchasing property, building, maintaining, and staffing hospitals, pharmacies, assisted living retirement homes, and children's homes; purchasing and maintaining ambulances; and providing water centers, nutrition, pension for widows and orphans, and disaster relief. The current year primary focus was to aid in establishing a hospital in india that would aid in the covid relief efforts. The grant provided funds for the hospital's construction, purchase of medical equipment and supplies, ambulances, and physician and hospital staff salaries.
Personnel at SK Foundation USA
| Name | Title | Compensation | Date of data |
|---|
| Darlene Ankerberg | Chairman of the Board | $0 | 2023-11-09 |
| Satish Kumar | President and Founder | $0 | 2022-12-31 |
| Debbie Parsons | Secretary | $0 | 2022-12-31 |
| Darlene Ankerberg President | Chairman of the Board | | 2022-11-07 |
Financials for SK Foundation USA
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $5,000,000 | $1,000 | - |
| Program services | $0 | $0 | - |
| Investment income and dividends | $297,304 | $0 | 999% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $1,034 | $0 | 999% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $5,298,338 | $1,000 | - |
Organizations like SK Foundation USA
| Organization | Type | Location | Revenue |
|---|
| Meg and Bennett Goodman Family Foundation | 501(c)(3) | Jenkintown, PA | $1,992,775 |
| Columbus Blue Jackets Foundation | 501(c)(3) | Columbus, OH | $1,663,999 |
| Farrr Foundation | 501(c)(3) | Lynchburg, VA | $3,929,554 |
| Milwaukee Center for Independence Foundation | 501(c)(3) | Milwaukee, WI | $14,973,567 |
| Brookwood Endowment | 501(c)(3) | Thomasville, GA | $2,156,766 |
| The VillageCare Foundation | 501(c)(3) | New York, NY | $2,044,442 |
| Penta Cares Foundation | 501(c)(3) | Las Vegas, NV | $2,222,909 |
| Amoud Foundation | 501(c)(3) | Irving, TX | $9,377,665 |
| Kupas Hachesed Skver | 501(c)(3) | Brooklyn, NY | $2,165,912 |
| Us LBM Foundation | 501(c)(3) | Buffalo Grove, IL | $2,388,502 |
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $5,000,000 from The Signatry June 3, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Operates internationallyState / local levelTax deductible donationsNo full-time employees
General information
- Address
- PO Box 8204
- Chattanooga, TN 37414
- Metro area
- Chattanooga, TN-GA
- County
- Hamilton County, TN
- Phone
- (423) 757-0274
IRS details
- EIN
- 84-2344419
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2019
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T12: Philanthropy, Voluntarism and Grantmaking Foundations Fund Raising and Fund Distribution
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Delinquent
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0281975
- FTB Entity ID
- 5092399
- AB 488 data last updated ("as-of") date
- 2024-10-16
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