K2 Charitable Foundation
K2 Charitable Foundation is a private foundation based in Urbandale, Iowa. Its 2025 grants supported organizations working in areas including poverty and community development, services for children and youth, pregnancy counseling, homelessness, education, refugee support, and Christian ministry.
K2 Charitable Foundation at a glance
In short: K2 Charitable Foundation gave $2.1M across 16 grants in 2025 (avg $134K), top state Florida. 31% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,138,500
- +38.8% vs 2024
- Grants made (2025)
- 16
- +0.0% vs 2024
- Average grant
- $133,656
- +38.8% vs 2024
- Median grant
- $30,000
- Total assets
- $4,378,516
- +3.5% vs 2024
- New grantees (estimate)
- 31% first-time grantees (5 of 16, 2025; small sample)
- Primary geography
- Florida (49% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to K2 Charitable Foundation
- How to Apply
-
The foundation’s 2025 filing names Kenneth L Smith as the contact and says the board is developing a grant application program to evaluate applicants. The filing says award restrictions are still being determined.
- Review Cycle
- Submission deadlines had not yet been determined, according to the 2025 filing.
- Deadline
- Submission deadlines had not yet been determined, according to the 2025 filing.
- Contact
Application contact: Kenneth L Smith
Mailing address: 10021 Hickman Road, Urbandale, IA 50322
Phone: (515) 276-3456
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who K2 Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Haiti Christian Development Fund ($1.0M). Together the top 10 received $2.1M.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 51 grants of 73 (70%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in Florida (49%), Iowa (26%), Colorado (19%), Mississippi (4%), and Indiana (2%). Iowa recipients included organizations in Des Moines and elsewhere in the state.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
Is K2 Charitable Foundation open to new grantees?
31%
first-time grantees, 2025
In 2025, 5 of 16 grantees (31%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $13K; repeat grants $189K. How we count
Medians: $2K first-time, $68K repeat.
- 63% of 2025 grantees were also funded in 2024. Method
- Giving grew 80% from 2022 to 2025. Method
- In 2025 it paid out 371% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $732K (2021) to $2.1M (2025). In 2025 it made 16 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Haiti Christian Development Fund Margate, FL | Relocation and Redistribution of the Poor in Haiti | $1,032,500 |
| New Horizons Ministries Cancon City, CO | Incarceration Counseling | $407,500 |
| Freedom for Youth Des Moines, IA | Assist lost and hurting kids who are without a home in Iowa | $269,000 |
| Agape Pregnancy Resource Center Des Moines, IA | Pregnancy Counseling | $150,000 |
| Open Bible Church Des Moines, IA | Association of Churches and Ministers | $82,000 |
| John & Vera Mae Perkins Foundation Jackson, MS | Christian Community Development | $67,500 |
| Joppa Des Moines, IA | Homeless Outreach | $40,000 |
| Leader Source Elkhart, IN | Education | $35,000 |
| The Mendenhall Ministries Mendenhall, MS | Christian Community Development | $25,000 |
| Scalpel at the Cross Miami, FL | Medical Ministry | $20,000 |
Ready to take the next step with K2 Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,378,516 | $2,800,497 | $2,228,958 | $2,138,500 | 16 | $2,138,500 | $2,278,793 | $576,962 |
| 2024 | $4,228,671 | $2,176,633 | $1,655,117 | $1,540,884 | 16 | $1,540,884 | $1,250,998 | $551,991 |
| 2023 | $4,693,148 | $1,232,527 | $1,598,116 | $1,506,650 | 13 | $1,506,650 | $848,708 | $531,981 |
| 2022 | $5,024,524 | $855,044 | $1,270,054 | $1,187,503 | 15 | $1,187,503 | $788,493 | $550,056 |
| 2021 | $5,452,316 | $242,661 | $791,404 | $731,500 | 13 | $731,500 | $206,087 | $580,056 |
| 2020 | $5,967,767 | $287,043 | $852,538 | $787,000 | 12 | — | $250,469 | $476,904 |
| 2019 | $6,532,540 | $2,145,791 | $1,062,529 | $999,630 | 11 | — | $212,810 | $430,723 |
Under IRS private-foundation payout rules, K2 Charitable Foundation reported a distributable amount of $577K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. For example, Haiti Christian Development Fund describes its mission as proclaiming the gospel of Jesus Christ to the poor and promoting dignity and mutual respect; New Horizons Ministries says it provides Christ-centered care for children and families in need and reaches incarcerated youths and adults. JOPPA describes its work as homeless services, housing, education, and thrift stores, while Des Moines Refugee Support says it identifies and bridges gaps for refugee families, particularly children.
Other 2025 recipients include organizations whose stated work concerns pregnancy counseling, Christian community development, medical ministry, education, and support for children at risk or with special needs.
Grantmaking
In filing year 2025, the foundation reported 16 grants totaling $2,138,500. Grants ranged from $500 to $1,032,500, with a median grant of $30,000.
The largest reported grants were $1,032,500 to Haiti Christian Development Fund for “relocation and redistribution of the poor in Haiti”; $407,500 to New Horizons Ministries for “incarceration counseling”; $269,000 to Freedom for Youth to assist “lost and hurting kids who are without a home in Iowa”; and $150,000 to Agape Pregnancy Resource Center for pregnancy counseling. Other grants included $82,000 to Open Bible Church, $67,500 to John & Vera Mae Perkins Foundation, and $40,000 to JOPPA.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kenneth L Smith as president; Robert Wilson and Tom Gilbert as directors; John Lamale as treasurer; Barry Luchtel as secretary; and Landon Luchtel as vice president.
K2 Charitable Foundation is led by Kenneth L. Smith, President on every filing since 2019; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kenneth L. Smith
President
On filings since 2019
3 hrs/week
No compensation reported
Robert Wilson
Director
On filings since 2019
1 hr/week
No compensation reported
Tom Gilbert
Director
On filings since 2019
1 hr/week
No compensation reported
Barry Luchtel
Secretary
On filings since 2019
1 hr/week
No compensation reported
John Lamale
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Landon Luchtel
Vice President
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about K2 Charitable Foundation
How much does K2 Charitable Foundation give each year?
K2 Charitable Foundation gave $2.1M across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.5M across 16 grants.
What is K2 Charitable Foundation's typical grant size?
K2 Charitable Foundation's median grant in 2025 was $30,000, and its average grant was $133,656, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from K2 Charitable Foundation that year got $13K on average.
Where does K2 Charitable Foundation give grants?
K2 Charitable Foundation's top state is Florida, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Iowa (26%) and Colorado (19%). The most frequent recipient cities were Des Moines, IA (8 grants).
Does K2 Charitable Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on K2 Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Christian Community Development" (3 grants).
Who are K2 Charitable Foundation's largest grantees?
K2 Charitable Foundation's largest 2025 grantees include Haiti Christian Development Fund ($1,032,500), New Horizons Ministries ($407,500) and Freedom for Youth ($269,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is K2 Charitable Foundation?
K2 Charitable Foundation reported $4.4M in total assets on its 2025 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $577K (roughly 5% of its investment assets).
What does K2 Charitable Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from K2 Charitable Foundation?
The foundation’s 2025 filing names Kenneth L Smith as the contact and says the board is developing a grant application program to evaluate applicants. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is K2 Charitable Foundation's EIN?
K2 Charitable Foundation's EIN (Employer Identification Number) is 46-1208733. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 26, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). K2 Charitable Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/k2-charitable-foundation-morg_d9af4edc29f4469daed30d37e20cab74
BibTeX
@misc{grantable_461208733_2026,
author = {{Grantable}},
title = {{K2 Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/k2-charitable-foundation-morg_d9af4edc29f4469daed30d37e20cab74},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from K2 Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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