2024-11-14T10:21:54-00:00 2023-12-31 834701792 Lewis Sharpstone & Co 5074 Tendilla Ave Woodland Hills CA 91364 990 2023-01-01 273158320 SKECHERS FOUNDATION SKEC 3103183100 228 MANHATTAN BEACH BLVD MANHATTAN BEACH CA 90266 ROBIN CURREN TREASURER 3103183100 2024-11-14 true LEWIS SHARPSTONE P02256953 8185701960 2024-11-14 X 2023 2024-10-15 13:58:12Z ROBIN CURREN 228 MANHATTAN BEACH BLVD MANHATTAN BEACH CA 90266 5769890 false X X 2010 CA TO SUPPORT PROGRAMS THAT PROVIDE THE GENERAL PUBLIC WITH EDUCATION, JOB TRAINING, FITNESS, HEALTH AND NUTRITION GUIDANCE, AS WELL AS SHOES AND CLOTHING. 4 0 0 193 0 4288922 5763410 0 1848 6480 -288786 -331500 4001984 5438390 2794448 4695980 0 15625 75000 0 7500 67008 41775 2877081 4812755 1124903 625635 4611104 5489103 3195216 3447580 1415888 2041523 X TO SUPPORT PROGRAMS THAT PROVIDE THE GENERAL PUBLIC WITH EDUCATION, JOB TRAINING, FITNESS, HEALTH AND NUTRITION GUIDANCE, AS WELL AS SHOES AND CLOTHING. false false 4755980 4595980 VARIOUS GRANTS FOR PROGRAMS SUPPORTING EDUCATION, JOB TRAINING, FITNESS, HEALTH AND NUTRITION GUIDANCE, AS WELL AS SHOES AND CLOTHING TOTALING 4,595,980. THE ORGANIZATION HAS A SCHOLARSHIP PROGRAM IN WHICH ALL CHILDREN WHO ARE HIGH SCHOOL SENIORS OF SKECHERS USA EMPLOYEES ARE ELIGIBLE TO PARTICIPATE. DURING THE YEAR, 13 INDIVIDUAL SCHOLARSHIPS WERE AWARDED TOTALING 63,700. 4755980 true true false false false false false false false false false false false false true true true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 24 0 0 false false false false false false false false false false false false X 4 0 true false false false false false false true false false false true true true true false false false false false CA X X SKECHERS USA INC 3103183100 228 MANHATTAN BEACH BLVD MANHATTAN BEACH CA 90266 ROBIN CURREN TREASURER 015.00 025.00 X 75000 402954 16895 DAVID WEINBERG DIRECTOR/PRESIDENT 001.00 X X 0 0 0 SEAN GALLIHER DIRECTOR/SECRETARY 001.00 X X 0 0 0 MICHAEL GREENBURG DIRECTOR 001.00 X 0 0 0 MARCEE MACKEY DIRECTOR 002.00 X 0 0 0 75000 402954 16895 1 false true false 2674516 3088878 16 1088878 5763410 6480 6480 2674516 331500 -331500 -331500 5438390 -325020 4632280 4632280 63700 63700 0 0 75000 60000 7500 7500 0 0 0 0 0 0 0 33714 33714 0 0 5712 5712 0 0 0 0 0 0 0 0 0 0 0 0 TAXES AND LICENSE 2025 2025 BANK CHARGES 324 324 0 4812755 4755980 49275 7500 3459256 4345775 1001848 1008328 150000 135000 4611104 5489103 62997 20439 2510911 2687920 621308 739221 3195216 3447580 X 1415888 2041523 1415888 2041523 4611104 5489103 625635 X false true X true false X 2882976 4113012 5943239 4288922 5763410 22991559 2882976 4113012 5943239 4288922 5763410 22991559 11171480 11820079 1848 6480 8328 22999887 0.51390 0.50260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false Financial derivatives and other financial products Closely-held equity interests Federal income taxes FUNDS HELD FOR OTHERS 739221 739221 X 5934676 164786 331500 496286 5438390 5438390 5309041 164786 331500 496286 4812755 4812755 X 2 THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE SERVICE CODE 501C 3 AND CALIFORNIA REVENUE AND TAX CODE 23701D AND THERE IS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL EXCISE TAX AND FOREIGN TAX WITHOLDING BASED ON INVESTMENT INCOME WHEN APPLICABLE. DURING THE YEAR ENDED DECEMBER 31,2023, THE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT IDENTIFY ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. XI 2D THIS AMOUNT REPRESENTS EVENT EXPENSES INCLUDED IN EXPENSES IN THE AUDIT AND NETTED AGAINST EVENT REVENUE IN THIS FORM 990. XII 2D THIS AMOUNT REPRESENTS EVENT EXPENSES INCLUDED IN EXPENSES IN THE AUDIT AND NETTED AGAINST EVENT REVENUE IN THIS FORM 990. PIER FRIENDSHIP WALK 2674516 2674516 71644 22118 237738 2674516 2674516 71644 22118 237738 331500 -331500 true TORRANCE EDUCATION FOUNDATION PO BOX 1397 TORRANCE CA 90505 330506936 501C3 1120660 GENERAL SUPPORT THE FRIENDSHIP FOUNDATION 2108 VAIL AVE REDONDO BEACH CA 90278 208575157 501C3 1010518 GENERAL SUPPORT HAWAII COMMUNITY FOUNDATION (MAUI STRONG FUND) 444 HANA HWY SUITE 201 KAHULUI HI 96732 990261283 501C3 475686 FMV WOMEN AND MEN APPAREL GENERAL SUPPORT SHOES THAT FIT 1420 N CLAREMOUNT BLVD 204A CLAREMONT CA 91711 954425565 501C3 545454 FMV SKECHER SHOES GENERAL SUPPORT HERMOSA BEACH EDUCATION FOUNDATION PO BOX 864 HERMOSA BEACH CA 90254 330522270 501C3 189387 GENERAL SUPPORT MANHATTAN BEACH EDUCATION FOUNDATION PO BOX 1110 MANHATTAN BEACH CA 90266 953881166 501C3 172587 GENERAL SUPPORT REDONDO BEACH EDUCATION FOUNDATION 1401 INGLEWOOD AVE REDONDO BEACH CA 90278 330470935 501C3 164222 GENERAL SUPPORT PENINSULA EDUCATION FOUNDATION PO BOX 2632 PALOS VERDES CA 90274 953498211 501C3 159510 GENERAL SUPPORT EL SEGUNDO EDUCATION FOUNDATION PO BOX 591 EL SEGUNDO CA 90245 953885992 501C3 121258 GENERAL SUPPORT THE HIRSHBERG FOUNDATION 2990 SEPULVEDA BLVD STE 300C LOS ANGELES CA 90064 954640311 501C3 101500 GENERAL SUPPORT BABY2BABY 5830 W JEFFERSON BLVD LOS ANGELES CA 90016 464503539 501C3 67738 FMV SKECHER FOAMIES GENERAL SUPPORT UNIVERSITY OF WASHINGTON BOX 359505 SEATTLE WA 98195 943079432 501C3 25000 GENERAL SUPPORT FULFILLMENT FUND 6100 WILSHIRE BL STE 600 LOS ANGELES CA 90048 953180934 501C3 25000 GENERAL SUPPORT EXCEPTIONAL CHILDRENS FOUNDATION 5350 MACHADO ROAD CULVER CITY CA 90230 951690988 501C3 25000 GENERAL SUPPORT ANTI-DEFAMATION LEAGUE LOS ANGELES 605 THIRD AVENUE NEW YORK NY 10158 131818723 501C3 25000 GENERAL SUPPORT OCEANOGRAPHIC TEACHING STATIONS INC PO BOX 1 MANHATTAN BEACH CA 90267 953409019 501C3 25000 GENERAL SUPPORT MANHATTAN BEACH CHAMBER OF COMMERCE 425 15TH ST MANHATTAN BEACH CA 90266 950968754 501C3 17500 GENERAL SUPPORT WAYWARD SONS 1112 MONTANA AVE 231 SANTA MONICA CA 90409 933868372 501C3 12500 GENERAL SUPPORT MATT 28 CHILDRENS FAMILY CORNERSTONE 1307 W ECKERMAN AVE WEST COVINA CA 91790 823915404 501C3 12000 GENERAL SUPPORT RICHSTONE FAMILY CENTER 13634 CORDARY AVE HAWTHORNE CA 90250 237373745 501C3 10000 GENERAL SUPPORT MIDNIGHT MISSION 601 S SAN PEDRO ST LOS ANGELES CA 90014 951691293 501C3 10000 GENERAL SUPPORT THE V FOUNDATION 14600 WESTON PARKWAY CARY NC 27513 133705951 501C3 10000 GENERAL SUPPORT ABILITY FIRST 1301 W MAIN ST DUNCAN OK 73533 731151612 501C3 10000 SCHOLARSHIP PROGRAM GIVSUM FOUNDATION 2070 MEADOW VIEW LANE COSTA MESA CA 92627 273460145 501C3 10000 GENERAL SUPPORT THE SUGAR RAY LEONARD FOUNDATION PO BOX 33007 WOODLAND HILLS CA 91394 263465689 501C3 10000 GENERAL SUPPORT NEXTSTEP FITNESS 4447 REDONDO BEACH BLV LAWNDALE CA 90260 260678238 501C3 10000 GENERAL SUPPORT FIX'N FIDOS 8033 W SUNSET BLVD 906 LOS ANGELES CA 90046 260682852 501C3 10000 GENERAL SUPPORT CITY OF MANHATTAN BEACH 325 S PECK AVE MANHATTAN BEACH CA 90266 953881166 501C3 10000 GENERAL SUPPORT HERMOSA BEACH CHAMBER OF COMMERCE 120 PIER AVE HERMOSA BEACH CA 90254 951450397 501C3 10000 GENERAL SUPPORT PORAC 2940 ADVANTAGE WAY SACRAMENTO CA 95834 237077256 501C3 7725 GENERAL SUPPORT FAMILY SERVICE LEAGUE 790 PARK AVE HUNTINGTON NY 11743 111631827 501C3 7500 GENERAL SUPPORT COOPERATIVE CHRISTIAN MINISTRY PO BOX 1717 MIDDLESBORO KY 40965 610957969 501C3 6350 GENERAL SUPPORT OMAR RAY LENDING HAND FOUNDATION 1739 E FERNROCK ST CARSON CA 90746 921688235 501C3 5500 GENERAL SUPPORT TSC ALLIANCE 8737 COLESVILLE ROAD SUITE 400 SILVER SPRING MD 20910 953018799 501C3 5000 GENERAL SUPPORT THONORG (THON 2023) 227D HETZEL UNION BLDG UNIVERSITY PARK PA 16802 246000376 501C3 5000 GENERAL SUPPORT MBPOA PO BOX 3542 MANHATTAN BEACH CA 90266 952787425 501C3 5000 GENERAL SUPPORT GIVING SPIRIT 11908 MONTANA AVE 205 LOS ANGELES CA 90049 611405121 501C3 5000 GENERAL SUPPORT RBPD UNITY TOUR TEAM 401 DIAMOND STREET REDONDO BEACH CA 90277 223530541 501C3 5000 GENERAL SUPPORT UNCLE KORY FOUNDATION 2121 ROSECRANS AVE STE 4335 WILMINGTON DE 19801 464485313 501C3 5000 GENERAL SUPPORT MANHATTAN BEACH ROTARY CLUB CHARITABLE FOUNDATION 515 N SEPULVEDA BLVD STE A MANHATTAN BEACH CA 90266 954459117 501C3 5000 GENERAL SUPPORT THE JIMMY MILLER MEMORIAL FOUNDATION 2711 N SEPULVEDA BLVD 331 MANHATTAN BEACH CA 90266 201702191 501C3 5000 GENERAL SUPPORT B MOVED FOUNDATION 2317 N SEPULVEDA BLVD COMPTON CA 90266 822416630 501C3 5000 GENERAL SUPPORT MB ROTARY CLUB CHARITABLE FOUNDATION 1400 PARKVIEW AVE MANHATTAN BEACH CA 90266 954459117 501C3 5000 GENERAL SUPPORT HERMOSA BEACH HISTORICAL SOCIETY 710 PIER AVE HERMOSA BEACH CA 90254 330230750 501C3 5000 GENERAL SUPPORT BOYS AND GIRLS CLUBS OF CARSON 1950 E 220TH ST SUITE 207 CARSON CA 90810 330475452 501C3 5000 GENERAL SUPPORT 45 SCHOLARSHIPS 13 63700 Part I Line 2 THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. IS BASED UPON RECOMMENDATIONS BY THE SKECHERS FOUNDATIONS DIRECTORS. THEIR RECOMMENDATIONS ARE BASED UPON PROGRAMS MEETING THE CRITERIA OUTLINES IN SKECHERS FOUNDATIONS MISSION STATEMENT. IN ADDITION, SCHOLARSHIPS FOR INDIVIDUALS ARE PAID TO THE COLLEGE AND UNIVERSITY DIRECTLY. Part II Line 2 THE FAIR MARKET VALUE IS ESTIMATED BASED ON WHOLESALE PRICES OF COMPARABLE ITEMS IN THE UNITED STATES. X false false false false false false false false false ROBIN CURREN TREASURER 75000 357552 45402 16895 75000 419849 X 1088878 SEE PART II false false false Part I Line 5 THE VALUE IS ESTIMATED BASED ON WHOLESALE PRICES OF COMPARABLE ITEMS IN THE UNITED STATES. Form 990, Part III, Section A, Line 2 ALL DIRECTORS AND THE TREASURER ARE EMPLOYED BY SKECHERS USA, INC. IN WHICH TWO ARE OFFICERS AND ONE IS INSIDE COUNSEL. Form 990, Part VI, Section A, Line 8B THIS QUESTION WAS ANSWERED NO AS THERE WERE NO COMMITTEES THAT HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD. Form 990, Part VI, Section B, Line 11B A DRAFT OF FORM 990 WAS REVIEWED BY A MEMBER OF THE SKECHERS USA, INC. TAX DEPARTMENT. COMMENTS ARE DISCUSSED WITH THE OUTSIDE CPA/TAX PREPARER AND ANY NECESSARY CHANGES ARE MADE TO THE RETURN PRIOR TO FILING. Form 990, Part VI, Section B, Line 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REQUIRING ANY INTERESTED PERSONS TO DISCLOSE FINANCIAL INTEREST AND ALL MATERIAL FACTS. AFTER DISCUSSIONS WITH THE INTERESTED PERSONS, THE GOVERNING BOARD WILL MEET AND DISCUSS THE DETERMINATION OF A CONFLICT OF INTEREST AND VOTE UPON THE MATTER. Form 990, Part VI, Section B, Line 15 THE ONLY OFFICER, DIRECTOR, OR KEY EMPLOYEE AS DEFINED IN FORM 990 INSTRUCTIONS BEING COMPENSATED IS TREASURER ROBIN CURREN FOR PRIMARILY GRANT ADMINISTRATIVE SERVICES SHE HAS PROVIDED FOR SEVERAL YEARS AND HAS CONTINUED SUCH SERVICES SINCE SHE BECAME TREASURER IN OCTOBER 2022. SUCH COMPENSATION HAS NOT CHANGED SINCE SHE BECAME AN OFFICER. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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