Form 990 for tax year 2024

Filed by SKECHERS FOUNDATION.

Totals

Total revenue: $4,534,029
Total expenses: $3,851,939
Contributions and grants received: $4,890,594
Grants paid: $3,565,080
Program service revenue: $0
Investment income: $6,582
Other revenue: -$363,147
Total assets, end of year: $4,722,228
Total liabilities, end of year: $1,998,615
Net assets or fund balances, end of year: $2,723,613
Program services expenses (Part IX): $3,625,080
Management and general expenses: $213,621
Fundraising expenses: $13,238
Program service expenses (Part III): $3,625,080

Program services were 94.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$2,446,437
1d · Related organizations

$2,429,323
1f · All other contributions, gifts and grants

$14,834
1g · Noncash contributions included above

$14,324
3 · Investment income

total $6,582 · excluded $6,582
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$2,446,437
8b · Fundraising events: direct expenses

$363,147
8c · Net income from fundraising events

total -$363,147 · excluded -$363,147

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $3,172,255 · program services $3,172,255
2 · Grants to domestic individuals

total $362,825 · program services $362,825
3 · Grants to foreign organizations and individuals

total $30,000 · program services $30,000
5 · Compensation of officers, directors and key employees

total $75,000 · program services $60,000 · management and general $7,500 · fundraising $7,500
11b · Fees: legal

total $40,149 · management and general $40,149
11c · Fees: accounting

total $154,148 · management and general $154,148
11g · Fees: other

total $11,592 · management and general $11,592
24a · Other expenses: TAXES AND LICENSES FEES

total $5,738 · fundraising $5,738
24b · Other expenses: BANK CHARGES

total $232 · management and general $232

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $4,345,775 · end of year $3,416,481
2 · Savings and temporary cash investments

beginning of year $1,008,328 · end of year $1,014,910
3 · Pledges and grants receivable

beginning of year $135,000 · end of year $290,837
17 · Accounts payable and accrued expenses

beginning of year $20,439 · end of year $58,243
18 · Grants payable

beginning of year $2,687,920 · end of year $1,232,218
25 · Other liabilities

beginning of year $739,221 · end of year $708,154
27 · Net assets without donor restrictions

beginning of year $2,041,523 · end of year $2,723,613

Mission and programs · 2024

Mission

TO SUPPORT PROGRAMS THAT PROVIDE THE GENERAL PUBLIC WITH EDUCATION, CHILDREN WITH SPECIAL NEEDS, YOUTH EMPOWERING PROGRAMS, JOB TRAINING, FITNESS, HEALTH AND NUTRITION GUIDANCE, AS WELL AS SHOES AND CLOTHING.

Activities or mission (Part I)

TO SUPPORT PROGRAMS THAT PROVIDE THE GENERAL PUBLIC WITH EDUCATION, CHILDREN WITH (CONT. ON SCH. O) SPECIAL NEEDS, YOUTH EMPOWERING PROGRAMS, JOB TRAINING, FITNESS, HEALTH AND NUTRITION GUIDANCE, AS WELL AS SHOES AND CLOTHING.

VARIOUS GRANTS FOR PROGRAMS SUPPORTING EDUCATION, CHILDREN WITH SPECIAL NEEDS, YOUTH EMPOWERING PROGRAMS, JOB TRAINING, FITNESS, HEALTH AND NUTRITION GUIDANCE, AS WELL AS SHOES AND CLOTHING TOTALING $3,172,255. GRANTS WERE MADE TO ONE ORGANIZATION FOR GENERAL SUPPORT IN UNITED KINGDOM TOTALING $30,000. 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, 60 INDIVIDUAL SCHOLARSHIPS WERE AWARDED TOTALING $348,500.

Expenses $3,625,080 · Grants $3,565,080

As filed on the 2024 return.

Listed in Part VII

David WeinbergDAVID WEINBERG

DIRECTOR

Total calculated

$0

Hours/week

1
Sean GalliherSEAN GALLIHER

DIRECTOR/SECRETARY

Total calculated

$0

Hours/week

1
Michael GreenbergMICHAEL GREENBERG

DIRECTOR/PRESIDENT

Total calculated

$0

Hours/week

1
Ted WeitzmanTED WEITZMAN

DIRECTOR

Total calculated

$0

Hours/week

1
Robin CurrenROBIN CURREN

TREASURER

Total calculated

$527,764

From this org

$75,000

From related orgs

$452,764

Other

$0

Hours/week

15 + 25 related

Schedule J breakdown matched by us

Base

$75,000 + $390,244 related

Bonus

$0 + $45,625 related

Other

$0 + $16,895 related

Deferred

$0

Nontaxable benefits

$0

Filer's total

$75,000 + $452,764 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

THE FRIENDSHIP FOUNDATION

$1,002,140

GENERAL SUPPORT
TORRANCE EDUCATION FOUNDATION

$236,740

GENERAL SUPPORT
MANHATTAN BEACH EDUCATION FOUNDATION

$200,816

GENERAL SUPPORT
HERMOSA BEACH EDUCATION FOUNDATION

$187,355

GENERAL SUPPORT
OCEANOGRAPHIC TEACHING STATIONS INC

$180,000

GENERAL SUPPORT
REDONDO BEACH EDUCATION FOUNDATION

$169,852

GENERAL SUPPORT
PENINSULA EDUCATION FOUNDATION

$162,199

GENERAL SUPPORT
EL SEGUNDO EDUCATION FOUNDATION

$143,360

GENERAL SUPPORT
THE HIRSHBERG FOUNDATION

$100,000

GENERAL SUPPORT
SCHOLARSHIP AMERICA

$95,000

GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

SKECHERS INTERNATIONAL II

SALES - FOOTWEAR · JE

Directly controlled by SKECHERS USA INC
SKECHERS SINGAPORE PTE LIMITED

SALES - FOOTWEAR · SN

Directly controlled by SKECHERS USA INC
SKECHERS (THAILAND) LIMITED

SALES - FOOTWEAR · TH

Directly controlled by SKECHERS USA INC
SKECHERS MALAYSIA SDN BHD

SALES - FOOTWEAR · MY

Directly controlled by SKECHERS USA INC
SKECHERS TRADING (SHANGHAI) CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS CHINA LIMITED

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS CHINA E-COMMERCE CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS CHINA HENGQIN CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
LEADTIME CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS QUANZHOU CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS BEIJING I COLTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS BEIJING II COLTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS BEIJING III COLTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
LUENSENG TRADING CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS CHENGDU COLTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS QUSHUI TRADING CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
LEADTIME CHINA LIMITED

SALES - FOOTWEAR · HK

Directly controlled by SKECHERS USA INC
SKECHERS TAICANG TRADING & LOGISTICS COMPANY

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
QUANZHOU LEADTIME COMMERCIAL CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
RELAXEDFIT CHINA LIMITED

SALES - FOOTWEAR · HK

Directly controlled by SKECHERS USA INC
RELAXEDFIT (TIANJIN)TRADING COLTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (TIANJIN) SUPPLY CHAIN MANAGEMENT CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (TAICANG) SUPPLY CHAIN CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (HAINAN) TRADING CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (HAINAN) ENTERPRISE MANAGEMENT CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (QUANZHOU) ENTERPRISE MANAGEMENT CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS HONG KONG LIMITED

SALES - FOOTWEAR · HK

Directly controlled by SKECHERS USA INC
SKECHERS GUANGZHOU CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (SHANGHAI) COMMERCIAL COLTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS (DONGGUAN) TECHNOLOGY CO LTD

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS SOUTHEAST ASIA LIMITED

SALES - FOOTWEAR · HK

Directly controlled by SKECHERS USA INC
SKECHERS MACAU LIMITED

SALES - FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS FOOTWEAR LTD

SALES - FOOTWEAR · IS

Directly controlled by SKECHERS USA INC
SKECHERS KOREA CO LTD

SALES - FOOTWEAR · KS

Directly controlled by SKECHERS USA INC
MANHATTAN SKMX S DE RL DE CV

SALES - FOOTWEAR · MX

Directly controlled by SKECHERS USA INC
SKECHERS VIETNAM TRADING LIMITED

SALES - FOOTWEAR · VM

Directly controlled by SKECHERS USA INC
HF LOGISTICS-SKX LLC

SALES - FOOTWEAR · FL

Directly controlled by SKECHERS USA INC
HF LOGISTICS-SKX T2 LLC

SALES - FOOTWEAR · FL

Directly controlled by SKECHERS USA INC
HF LOGISTICS-SKX T3 LLC

SALES - FOOTWEAR · FL

Directly controlled by SKECHERS USA INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

SKECHERS USA INC

C · SALES- FOOTWEAR · DE
SKECHERS USA INC II

C · SALES- FOOTWEAR · VA

Directly controlled by SKECHERS USA INC
SKECHERS BY MAIL INC

C · SALES- FOOTWEAR · DE

Directly controlled by SKECHERS USA INC
SKECHERS CEE KFT

C · SALES- FOOTWEAR · DE

Directly controlled by SKECHERS USA INC
SKECHERS HOLDINGS USA 1 LLC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS HOLDINGS USA 2 LLC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS USA RETAIL LLC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS SOURCING USA LLC

C · SALES- FOOTWEAR · CA
SKECHERS HOLDINGS INTERNATIONAL INC

C · SALES- FOOTWEAR · DE

Directly controlled by SKECHERS USA INC
SKECHERS 10 HOLDINGS LLC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS SOURCING INTERNATIONAL LLC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS HOLDINGS SWITZERLAND LLC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS USA LTD

C · SALES- FOOTWEAR · UK

Directly controlled by SKECHERS USA INC
SKECHERS UKDC LIMITED

C · SALES- FOOTWEAR · UK

Directly controlled by SKECHERS USA INC
SKECHERS USA CANADA INC

C · SALES- FOOTWEAR · CA

Directly controlled by SKECHERS USA INC
SKECHERS USA IBERIA SL

C · SALES- FOOTWEAR · SP

Directly controlled by SKECHERS USA INC
SKECHERS USA DEUTSCHLAND GMBH

C · SALES- FOOTWEAR · GM

Directly controlled by SKECHERS USA INC
SKECHERS USA FRANCE SAS

C · SALES- FOOTWEAR · FR

Directly controlled by SKECHERS USA INC
SKECHERS CEE KFT

C · SALES- FOOTWEAR · HU

Directly controlled by SKECHERS USA INC
SKECHERS EDC SPRL

C · SALES- FOOTWEAR · BL

Directly controlled by SKECHERS USA INC
SKECHERS USA BELGIUM BV

C · SALES- FOOTWEAR · BE

Directly controlled by SKECHERS USA INC
SKECHERS USA BENELUX BV

C · SALES- FOOTWEAR · NL

Directly controlled by SKECHERS USA INC
SKECHERS USA ITALIA SRL

C · SALES- FOOTWEAR · IT

Directly controlled by SKECHERS USA INC
SKECHERS BH DOO

C · SALES- FOOTWEAR · BK

Directly controlled by SKECHERS USA INC
SKECHERS USA ROMANIA SRL

C · SALES- FOOTWEAR · RO

Directly controlled by SKECHERS USA INC
SKECHERS POLAND SP Z OO

C · SALES- FOOTWEAR · PL

Directly controlled by SKECHERS USA INC
SKECHERS SARL

C · SALES- FOOTWEAR · SZ

Directly controlled by SKECHERS USA INC
SKECHERS VIETNAM CO LTD

C · SALES- FOOTWEAR · VM

Directly controlled by SKECHERS USA INC
SKECHERS FOOTWEAR (DONGGUAN) CO LTD

C · SALES- FOOTWEAR · CH

Directly controlled by SKECHERS USA INC
SKECHERS HOLDINGS JERSEY LIMITED

C · SALES- FOOTWEAR · JE

Directly controlled by SKECHERS USA INC
SKECHERS HOLDINGS INTERNATIONAL LIMITED

C · SALES- FOOTWEAR · JE

Directly controlled by SKECHERS USA INC
SKECHERS USA MAURITIUS 10

C · SALES- FOOTWEAR · MR

Directly controlled by SKECHERS USA INC
SKECHERS USA MAURITIUS 90

C · SALES- FOOTWEAR · MR

Directly controlled by SKECHERS USA INC
SKECHERS DO BRASIL CALCADOS LTDA

C · SALES- FOOTWEAR · BR

Directly controlled by SKECHERS USA INC
SKECHERS CHINA BUSINESS TRUST

C · SALES- FOOTWEAR · JE

Directly controlled by SKECHERS USA INC
SKECHERS HOLDINGS MAURITIUS

C · SALES- FOOTWEAR · MR

Directly controlled by SKECHERS USA INC
SKECHERS JAPAN GK

C · SALES- FOOTWEAR · JA

Directly controlled by SKECHERS USA INC
COMERCIALIZADORA SKECHERS CHILE LIMITADA

C · SALES- FOOTWEAR · CI

Directly controlled by SKECHERS USA INC
SKECHERS USA PORTUGAL UNIPESSOAL LIMITADA

C · SALES- FOOTWEAR · PO

Directly controlled by SKECHERS USA INC
SKECHERS LATIN AMERICA LLC

C · SALES- FOOTWEAR · PM

Directly controlled by SKECHERS USA INC
SKECHERS PANAMA LLC

C · SALES- FOOTWEAR · PM

Directly controlled by SKECHERS USA INC
SEPULVEDA FOOTWEAR COSTA RICA SRL

C · SALES- FOOTWEAR · CS

Directly controlled by SKECHERS USA INC
SKECHERS PERU SRL

C · SALES- FOOTWEAR · PE

Directly controlled by SKECHERS USA INC
SKECHERS COLOMBIA SAS

C · SALES- FOOTWEAR · CO

Directly controlled by SKECHERS USA INC
SKECHERS (BARBADOS) SRL

C · SALES- FOOTWEAR · BB

Directly controlled by SKECHERS USA INC
SKECHERS FOOTWEAR HONG KONG LIMITED

C · SALES- FOOTWEAR · HK

Directly controlled by SKECHERS USA INC
SKECHERS USA PHILIPPINES INC

C · SALES- FOOTWEAR · RP

Directly controlled by SKECHERS USA INC
SKECHERS SOUTH ASIA PRIVATE LIMITED

C · SALES- FOOTWEAR · IN

Directly controlled by SKECHERS USA INC
SPORTS CONNECTION HOLDING

C · SALES- FOOTWEAR · DA

Directly controlled by SKECHERS USA INC
SPORTS CONNECTION

C · SALES- FOOTWEAR · DA

Directly controlled by SKECHERS USA INC
SPORTS CONNECTION

C · SALES- FOOTWEAR · NO

Directly controlled by SKECHERS USA INC
SPORTS C SVERIGE AB

C · SALES- FOOTWEAR · DA

Directly controlled by SKECHERS USA INC
SKECHERS RETAIL DANMARK APS

C · SALES- FOOTWEAR · DA

Directly controlled by SKECHERS USA INC
SKECHERS RETAIL NORGE AS

C · SALES- FOOTWEAR · NO

Directly controlled by SKECHERS USA INC
SC RETAIL SVERIGE AB

C · SALES- FOOTWEAR · DA

Directly controlled by SKECHERS USA INC
SPORTS CONNECTION

C · SALES- FOOTWEAR · FI

Directly controlled by SKECHERS USA INC
SPORTS CONNECTION RETAIL

C · SALES- FOOTWEAR · GM

Directly controlled by SKECHERS USA INC

Provenance

Return type: form_990
Tax year: 2024
Filed: 24 October 2025
IRS schema version: 2024v5.2
Source object: 202533039349302088

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