Overview
What is Skechers Foundation?
The Skechers Foundation, based in Manhattan Beach, California, is a charitable organization dedicated to supporting programs that foster education, job training, fitness, health, and nutrition guidance, as well as providing shoes and clothing. They have distributed grants totaling $3,709,150 to various organizations, contributing significantly to these initiatives. Moreover, in response to the disaster in Ukraine, the foundation provided relief aid amounting to approximately $370,000. Additionally, Skechers Foundation has an employee scholarship program where eligible high school seniors can apply for financial aid, with 24 scholarships worth $100,000 awarded during the year.
Is Skechers Foundation legitimate?
Skechers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skechers Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Skechers Foundation?
The Skechers Foundation's mission is to support programs that cater to the general public, offering education, job training, fitness, health and nutrition guidance, as well as providing shoes and clothing. This non-profit organization aims to distribute various grants to facilitate these initiatives, totaling over $3,300,000. Additionally, the foundation has provided aid for disaster relief in Ukraine, amounting to approximately $370,000. Moreover, the Skechers Foundation boasts a scholarship program, open to high school seniors of Skechers USA employees. During the year, 24 individual scholarships were awarded, amounting to $100,000.
What is the revenue of Skechers Foundation?
Skechers Foundation's revenue in 2023 was $5,438,390.
Who are the executives of Skechers Foundation and what are their salaries?
There 193 volunteers at Skechers Foundation.
Here are 5 key members and their salaries:
- Compensation: $75,000
- Related: $402,954
- Other: $16,895
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Skechers Foundation?
Skechers Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Skechers Foundation
The Skechers Foundation, as per its mission, is committed to supporting initiatives that cater to the general public's education, job training, fitness, health, and nutrition guidance, alongside providing shoes and clothing. This nonprofit organization aims to enhance the lives of many by funding programs that align with these objectives. The Skechers Foundation's endeavors encompass various grants, amounting to a substantial $3,379,150, which are allocated to programs that enhance education, job training, fitness, health, and nutrition guidance, as well as providing essentials like shoes and clothing. The foundation's generosity extends beyond domestic projects, as it has also provided disaster relief assistance in Ukraine, contributing approximately $370,000 to two organizations. Furthermore, the Skechers Foundation has an employee scholarship program, which invites high school senior children of Skechers USA employees to participate. During the year, this program awarded 24 scholarships, totaling $100,000, demonstrating the organization's commitment to nurturing young talent.
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Impact
October, 2024
The Skechers Foundation significantly impacts communities by funding programs that enhance education, job training, fitness, health, and nutrition. In recent initiatives, the Foundation has allocated over $3.3 million in grants to support various organizations focused on these critical areas. Notably, it has also contributed approximately $370,000 to assist with disaster relief efforts in Ukraine.
In addition to these grants, the Foundation prioritizes education through its scholarship program, which offers high school seniors who are children of Skechers USA employees the opportunity to receive financial assistance for their higher education. This year alone, 24 scholarships were awarded, amounting to $100,000, empowering the next generation to pursue their academic and career goals. By addressing essential needs and providing vital resources, the Skechers Foundation plays a pivotal role in fostering healthier, more educated communities.
This information is meant to be a general summary of Skechers Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,480
- Gross Receipts: $5,769,890
Assets and Liabilities:
- Total Assets: $4,554,384
- Total Liabilities: $630,874
- Net Assets: $3,923,510
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Organization Details
Founding Year
2010
Principal Officer
Robin Curren
NTEE Category
Code: P20 - Human services
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