Overview
What is Sk Foundation Usa Inc?
Sk Foundation USA Inc is a nonprofit organization situated in Chattanooga, Tennessee. Their primary mission is to offer financial aid for humanitarian services, focusing on supporting the needy, sick, poor, elderly, and those in need overseas. Their work encompasses various initiatives, such as building and maintaining hospitals, pharmacies, assisted living retirement homes, and children's homes. They also provide ambulances, water centers, nutrition, pensions for widows and orphans, and disaster relief. During the recent pandemic, they aided in establishing a hospital in India to help in COVID-19 relief efforts, funding its construction, medical equipment, supplies, ambulances, and staff salaries. The foundation's approach involves adopting principles and guidelines to ensure proper control over the support provided for such humanitarian work.
Is Sk Foundation Usa Inc legitimate?
Sk Foundation Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sk Foundation Usa Inc 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sk Foundation Usa Inc?
Sk Foundation USA Inc's mission is centered around providing financial support for humanitarian aid and related work carried out by other organizations abroad. To ensure effective control over the support provided, the foundation adheres to specific principles and guidelines. The foundation's financial aid primarily focuses on assisting the needy, sick, poor, widowed, and elderly, both domestically and internationally. This includes funding for hospitals, pharmacies, assisted living homes, children's homes, ambulances, water centers, nutrition programs, pensions for widows and orphans, and disaster relief efforts. In the current year, the primary focus was on aiding in the establishment of a hospital in India to contribute to COVID-19 relief efforts, providing funds for construction, medical equipment, ambulances, and staff salaries.
What is the revenue of Sk Foundation Usa Inc?
Sk Foundation Usa Inc's revenue in 2023 was $5,298,338.
Who are the executives of Sk Foundation Usa Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Sk Foundation Usa Inc?
Sk Foundation Usa Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sk Foundation Usa Inc
Sk Foundation USA Inc is committed to providing financial support for humanitarian aid and related work carried out by other organizations abroad. The foundation adheres to certain principles and guidelines to maintain control over the aid it funds. Its mission is to extend financial assistance to initiatives that cater to the needs of the needy, sick, poor, widowed, and elderly individuals, both domestically and internationally. This support encompasses various humanitarian services, including constructing and maintaining hospitals, pharmacies, assisted living retirement homes, children's homes, purchasing ambulances, and providing water centers, nutrition, pensions for widows and orphans, and disaster relief. This year, the primary focus of the foundation was to aid in establishing a hospital in India to contribute to COVID-19 relief efforts. The grant provided funds for the hospital's construction, purchase of medical equipment and supplies, ambulances, and salaries for hospital staff and physicians.
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Impact
October, 2024
Sk Foundation USA Inc significantly impacts global humanitarian efforts by providing crucial financial support for various ministries and related work abroad. Its mission focuses on assisting those in dire need, including the sick, poor, widowed, and elderly, not just within the United States but also in international communities.
In recent years, the foundation has channeled resources towards establishing essential healthcare facilities, such as a hospital in India aimed at addressing COVID-19 relief efforts. This initiative included funding for the construction of the hospital, purchasing medical equipment and supplies, and ensuring the salaries of medical staff, thereby enhancing the local healthcare infrastructure.
Beyond healthcare, Sk Foundation USA Inc's contributions extend to purchasing and maintaining ambulances, building and staffing children’s homes, and providing essential services like water centers, nutrition programs, and pensions for widows and orphans. It also plays a critical role in disaster relief efforts, helping communities recover from natural calamities and crises.
Through its targeted support, the foundation ensures that its resources effectively meet the immediate needs of vulnerable populations while also planning for long-term sustainability in healthcare and social services.
This information is meant to be a general summary of Sk Foundation Usa Inc. 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: $297,304
- Gross Receipts: $5,329,456
Assets and Liabilities:
- Total Assets: $4,416,831
- Total Liabilities: $0
- Net Assets: $4,416,831
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Organization Details
Founding Year
2021
Principal Officer
Darlene Ankerberg
NTEE Category
Code: T12 - Philanthropy
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