Sark Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861206065 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Sark Foundation Inc?

Sark Foundation Inc, headquartered under the jurisdiction of state laws, serves as a platform for the Khan family members and other individuals to engage in philanthropic and charitable activities. The organization's mission is multifaceted, encompassing various lawful activities that contribute to their community and beyond. By leveraging its resources, Sark Foundation Inc aims to make a positive impact in line with societal expectations and guidelines.

Is Sark Foundation Inc legitimate?

Sark Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sark Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Sark Foundation Inc?

The Sark Foundation Inc's mission is centered around promoting philanthropic and charitable activities. Under its purpose, it facilitates giving on behalf of various family members and adheres to all legal provisions under the state law. The foundation's activities are geared towards charitable endeavors, providing a platform for such initiatives from the Khan family members.

Who is the CEO of Sark Foundation Inc?

Shamafa L Khan is the President of Sark Foundation Inc.

What is the revenue of Sark Foundation Inc?

Sark Foundation Inc's revenue in 2022 was $98,308.

Who are the executives of Sark Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Shamafa L Khan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raihan U Khan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Ali (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanjida Khan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sark Foundation Inc?

Sark Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sark Foundation Inc

Sark Foundation Inc, led by the Khan family members, is dedicated to promoting philanthropic and charitable activities. Their mission encompasses supporting a wide range of lawful activities, all in accordance with state regulations. The foundation's primary role is to facilitate charitable giving on behalf of its family members, thereby making a positive impact in various communities.

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Impact




October, 2024

Sark Foundation Inc plays a significant role in promoting philanthropic and charitable giving, primarily on behalf of the Khan family members. By facilitating donations and supporting various charitable activities, the foundation contributes to the betterment of the community in Princeton, NJ, and potentially beyond. Its commitment to lawful activities under state law ensures that its efforts align with ethical and legal standards, fostering a culture of generosity and support.

The foundation’s activities not only provide financial assistance to various causes but also inspire others to engage in philanthropy. By championing charitable initiatives, Sark Foundation Inc helps address social needs, support local projects, and improve the quality of life for individuals in the communities it serves. Through these efforts, it has the potential to create a lasting positive impact and encourage a spirit of giving among others.




This information is meant to be a general summary of Sark Foundation 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.

Revenue
$98,308 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $98,308

Assets and Liabilities:

  • Total Assets: $230,544
  • Total Liabilities: $0
  • Net Assets: $230,544

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Organization Details

Principal Officer

Shamafa L Khan

Main Address

42 PETTIT PL SUITE B, PRINCETON, NJ, 08540

NTEE Category

Code: T99 - Philanthropy

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