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Tennessee · Nonprofit

SK FOUNDATION USA INC

SK FOUNDATION USA INC (Tennessee) receives grants from 1 organization whose IRS filings report $10,000,000 to it, the largest being Servant Foundation ($10,000,000). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$332k
Funders on record
1
Grants received
$10M
Net assets
$9.6M
1/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What Sk Foundation USA Inc does

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.

As stated on its FY2025 Form 990.

Program

  1. The mission of sk foundation usa, inc. Is to advance the gospel of jesus christ through compassionate ministry, humanitarian outreach, and charitable support both in the united states and around the world. The foundation exists to steward its resources faithfully for ministry purposes, travel expenses related to charitable and ministry activities, and intiatives that bring physical, emotional, and spiritual care to those in need.sk foundation usa, inc. Is committed to caring for the needy, sick, poor, widowed, elderly, and orphaned, including individuals and communities overseas. This mission includes, but is not limited to, supporting the purchase, construction, maintenance, staffing, and operation of hospitals, pharmacies, assisted living and retirement homes, and children's homes; purchasing and maintaining ambulances; and providing water centers, nutritional programs, pensions for widows and orphans, and disaster relief efforts.the foundation also seeks to provide aid during times of crisis and humanitarian emergency. A recent primary focus included helping establish a hospital in india to assist with covid-19 relief efforts through funding for construction, medical equipment…

    $520,330 spentof which $520,000 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $520,330.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($6.2M) Expenses 100 ($351k) Net assets 100 ($5.8M)2022 Revenue 0 ($1k) Expenses 395 ($1.4M) Net assets 76 ($4.4M)2023 Revenue 86 ($5.3M) Expenses 219 ($768k) Net assets 172 ($9.9M)2024 Revenue 6 ($377k) Expenses 142 ($497k) Net assets 169 ($9.8M)2025 Revenue 5 ($332k) Expenses 158 ($555k) Net assets 166 ($9.6M)
20212022202320242025
Revenue (5)Expenses (158)Net assets (166)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4.4M to $10.0M (+126%).

$5.8M
$4.4M
$10.0M
$9.8M
$9.6M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of SK FOUNDATION USA INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$5.8M
’21
−$1.4M
’22
$4.5M
’23
−$120k
’24
−$224k
’25
188
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Darlene Ankerberg

Chairman of the board

As listed on its FY2025 Form 990.

20212022202320242025
Listed44445
Joined·+0+0+0+1
No longer listed·0000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
'24*
total
funders
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SK FOUNDATION USA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of SK FOUNDATION USA INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $10M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SK FOUNDATION USA INC holds deeper cash reserves than three-quarters of the 4,237 philanthropy nonprofits its size.

Operating margin−67% · bottom quartile
Months of reserve188.1mo · top quartile
Revenue growth (annualized)−52% · bottom quartile

this organization peer median middle 50% of peers· 4,237 philanthropy nonprofits $100k–$1M, FY2025

Organizations like SK FOUNDATION USA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 3%Fundraising 4%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for SK FOUNDATION USA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SK FOUNDATION USA INC?
SK FOUNDATION USA INC (Tennessee) receives grants from 1 organization whose IRS filings report $10,000,000 to it, the largest being Servant Foundation ($10,000,000). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SK FOUNDATION USA INC have?
IRS filings report 1 organization giving $10,000,000 in grants to SK FOUNDATION USA INC, 1 of which have funded it in more than one year.
Who is the largest funder of SK FOUNDATION USA INC?
Servant Foundation is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
How can an organization like SK FOUNDATION USA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Sk Foundation USA →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing