Swayam Krishi Sangam Foundation
- Assets
- $478.5k
- Revenue
- $400.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Malibu, CA
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 36-4349951
Organization Overview
Swayam Krishi Sangam Foundation is located in Malibu, CA. The organization was established in 2002. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swayam Krishi Sangam Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SKS FOUNDATION'S MISSION IS TO SUPPORT CHARITABLE ENDEAVORS IN A WIDE RANGE OF SECTORS. FOUNDED IN 1999, SKS FOUNDATION'S MISSION IS TO SUPPORT CHARITABLE ENDEAVORS IN A WIDE RANGE OF SECTORS FROM ECONOMIC DEVELOPMENT TO EDUCATION. IN THE PAST, SKS FOUNDATION HAS SUPPORTED MANY CHARITIES, MOST NOTABLY IN THE FIELD OF MICROFINANCE (PROVIDING SMALL LOANS TO LOW-INCOME WOMEN IN INDIA SO THAT THEY CAN START MICRO-ENTERPRISES AND IMPROVE ECONOMIC WELL-BEING.) MORE RECENTLY, SKS FOUNDATION HAS FOCUSED ON YOUTH, PROVIDING FREE TUTORING AND COLLEGE/CAREER COUNSELING AS WELL AS GIVING GRANTS TO SCHOOLS, UNIVERSITIES, AND ORGANIZATIONS THAT SUPPORT YOUTH, BOTH IN THE UNITED STATES AND INTERNATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1999, SKS FOUNDATION'S MISSION IS TO SUPPORT CHARITABLE ENDEAVORS IN A WIDE RANGE OF SECTORS FROM ECONOMIC DEVELOPMENT TO EDUCATION. IN 2023, SKS FOUNDATION DECIDED TO CONTINUE ITS PRIOR YEAR FOCUS ON YOUTH AND AWARDED GRANTS TO TWO ORGANIZATIONS. THE FIRST IS SOS CHILDREN'S VILLAGES, AN INTERNATIONAL CHILDREN'S CHARITY THAT OFFERS SAFE AND NURTURING FAMILY HOMES TO ORPHANED AND ABANDONED CHILDREN AROUND THE WORLD. THE SECOND IS THE CHARTER SCHOOL, THE LOS ANGELES LEADERSHIP ACADEMY, SERVING LOW-INCOME STUDENTS IN INNER-CITY EAST LA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vikram Akula Executive Director | OfficerTrustee | 1 | $0 |
Conrad Larsen Secretary | OfficerTrustee | 1 | $0 |
Dominique Godat Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $382,070 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $382,070 |
| Total Program Service Revenue | $0 |
| Investment income | $19,403 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$809 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $400,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,100 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,001 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,568 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,015 |
| Fees for services: Other | $9,360 |
| Advertising and promotion | $794 |
| Office expenses | $868 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,190 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $105,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,302 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $463,160 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $478,462 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $42,810 |
| Other liabilities | $0 |
| Total liabilities | $42,810 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $435,652 |
| Total liabilities and net assets/fund balances | $478,462 |
Grants Awarded
Over the last fiscal year, Swayam Krishi Sangam Foundation has awarded $25,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES LEADERSHIP ACADEMY PURPOSE: EDUCATION | $10,000 |
SANTA CLARA UNIVERSITY PURPOSE: EDUCATION | $10,000 |
STANFORD PURPOSE: EDUCATION | $5,000 |