Skc Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 9 grants totaling $26K. Net investment income was $6.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12K
-44.4% YoY
Annual Giving
$26K
+206.1% YoY
Grant Count
9
+350.0% YoY
Avg Grant Size
$3K
-32.0% YoY
Under IRS private-foundation payout rules, Skc Foundation Inc reported a distributable amount of $982 for 2024 — the minimum it must pay out in qualifying distributions.
About Skc Foundation Inc
Based on IRS filings
Skc Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 9 grants totaling $26K. Net investment income was $6.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,493 | $22,470 | $19,589 |
| Revenue | $25,471 | $13,282 | $11,497 |
| Expenses | $35,448 | $10,401 | $9,445 |
| Qualifying Distributions | $26,017 | $8,500 | $8,845 |
| Net Investment Income | $6 | $3 | — |
| Distributable Amount | $982 | $1,114 | $789 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Child & Family Resources Inc ($10,000), Various Scholarships - Details Available on Request ($7,500), Miriam's Heart ($2,370).
| Recipient | Purpose | Amount |
|---|---|---|
| TUNNELS TO TOWERS FOUNDATION STATEN ISLAND, NY | TO FULFILL THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $860 |
| VARIOUS SCHOLARSHIPS - DETAILS AVAILABLE ON REQUEST BOONTON, NJ | TO FUTHER EDUCATIONAL PURSUITS. | $7,500 |
| ST JUDE'S RESEARCH HOSPITAL MEMPHIS, TN | TO FURTHER THE ORGANIZATION'S CHARITABLE PURPOSES. | $1,697 |
| CHILD & FAMILY RESOURCES INC MT ARLINGTON, NJ | TO FURTHER THE CHARITABLE ENDEAVORS OF THE ORGANIZATION. | $10,000 |
| HIS LITTLE FEET INC LONG BEACH, CA | TO FURTHER THE CHARITABLE ENDEAVORS OF THE ORGANIZATION. | $900 |
| PROJECT SELF SUFFICIENCY NEWTON, NJ | TO FURTHER THE CHARITABLE ENDEAVORS OF THE ORGANIZATION. | $1,400 |
| JBWS MORRISTOWN, NJ | TO FURTHER THE CHARITABLE ENDEAVORS OF THE ORGANIZATION. | $500 |
| GREATER GOOD CHARITIES SEATTLE, WA | TO FURTHER THE CHARTIABLE ENDEAVORS OF THE ORGANIZATION. | $790 |
| MIRIAM'S HEART BOUND BROOK, NJ | TO FURTHER THE CHARITABLE ENDEAVORS OF THE ORGANIZATION. | $2,370 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH KROM | TRUSTEE | 2 | — |
| CAITLIN SMITH | TRUSTEE | 2 | — |
| ANDREA DIAZ | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Skc Foundation Inc?
Skc Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONTON, NJ. It holds $12K in total assets as of 2024.
How large is Skc Foundation Inc?
As of 2024, Skc Foundation Inc holds $12K in total assets with $25K in annual revenue. It awarded 9 grants totaling $26K in 2024.
Where does Skc Foundation Inc operate?
Skc Foundation Inc has awarded grants in California, Colorado, Kentucky, New Jersey, New York, Tennessee, Washington.
What size grants does Skc Foundation Inc award?
In 2024, Skc Foundation Inc awarded 9 grants totaling $26K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Skc Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Skc Foundation Inc reported a distributable amount of $982 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Skc Foundation Inc's EIN?
Skc Foundation Inc's EIN (Employer Identification Number) is 81-4776088. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Skc Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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