Public Charity

SK FOUNDATION USA INC

SK FOUNDATION USA INC, of CHATTANOOGA, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $377K in revenue, $497K in expenses, $9.8M in total assets. 2 publicly reported grants to this organization, totaling roughly $10.0M, appear in IRS filings.

EIN: 842344419 CHATTANOOGA, TN Latest filing: 2024
Total Revenue$377K
Total Expenses$497K
Total Assets$9.8M
Grant Records2
Funding Total$10.0M
Filing Years2022–2024

Mission

SK FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT FOR HUMANITARIAN AID AND RELATED WORK PROVIDED BY OTHERS ABROAD. THE FOUNDATION ADOPTS THESE PRINCIPLES AND GUIDELINES TO ASSIST IT TO EXERCISE NECESSARY CONTROL OVER SUPPORT PROVIDED FOR SUCH WORK.

Sample Grants Received

2023
COMMUNITY DEVELOPMENT
$5,000,000
2021
COMMUNITY DEVELOPMENT
$5,000,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

CHAIRMAN OF THE BOARD Darlene Ankerberg
SECRETARY Debbie Parsons
MEMBER Dr John Ankerberg
MEMBER Jeffrey Pallansch
PRESIDENT/FOUNDER Satish Kumar

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY DEVELOPMENT
$10,000,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $377K $497K $9.8M
2023 $5.3M $768K $10.0M
2022 $1K $1.4M $4.4M

Between 2022 and 2024, reported annual revenue grew from $1K to $377K (+37625%), with total assets most recently reported at $9.8M.

Interactive year-over-year charts and full filing details available with membership.

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