SK2 Fund
SK2 Fund is a private foundation based in Boise, Idaho. Its mission is to accelerate the transition to a more equitable and sustainable world through grants, investments, programs, and advocacy. Its grantmaking includes support for women’s entrepreneurship and sustainable agriculture, alongside work on social and environmental challenges.
SK2 Fund at a glance
In short: SK2 Fund gave $195K across 19 grants in 2024 (avg $10K), top state California. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $195,000
- -21.7% vs 2023
- Grants made (2024)
- 19
- -40.6% vs 2023
- Average grant
- $10,263
- +31.8% vs 2023
- Median grant
- $10,000
- Total assets
- $24,528,353
- -0.7% vs 2023
- New grantees (estimate)
- 44% first-time grantees (8 of 18, 2024; small sample)
- Primary geography
- California (35% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to SK2 Fund
- How to Apply
-
SK2 Fund does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Its website says it is currently unable to accept unsolicited grant proposals.
- Contact
Mailing address: 803 N Clover Dr, Boise, ID 83703
Phone: (208) 602-8923
Website: https://www.sk2fund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who SK2 Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Just Economy Institute ($50K). Together the top 10 received $168K.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was under $50K: 98 grants of 100 (98%).
Geographic Focus
Where this funder awards grants
SK2 Fund is based in Boise. Its 2024 grants included recipients in California, Idaho, New York, and Washington, as well as organizations whose locations are not specified in the grant list. The funder’s website describes its small-business investments as supporting businesses in emerging economies; its 2024 filing also describes programs and financing activities in several countries. These investment and program activities are separate from the grants listed above.
Grant Distribution by State
Share of 2024 grant dollars across all 19 itemized grants.
States
Cities
Is SK2 Fund open to new grantees?
44%
first-time grantees, 2024
In 2024, 8 of 18 grantees (44%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $12K; repeat grants $10K. How we count
Medians: $8K first-time, $10K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 179% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $35K (2020) to $249K (2023). In 2024 it made 19 grants totaling $195K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Just Economy Institute San Francisco, CA | provide assistance to creative capital projects to solve social and environmental problems | $50,000 |
| Posibility Labs San Francisco, CA | help mobilize capital in support of social and environmental justice | $15,000 |
| Black Farmer Fund New York, NY | support organization to run programs financing community farmers and food entrepreneurs and strengthen local food systems. | $15,000 |
| Advocates for the West Boise, ID | Protect the West's most treasured natural landscapes & native wildlife | $15,000 |
| Idaho Conservation League Boise, ID | Protect clean air, clean water, and special places in Idaho | $15,000 |
| Andean Alliance for Sustainable Dev | support community led sustainable agriculture projects that drive economic growth for small farmers and help protect land | $15,000 |
| Lady Saving Group | to provide funding for training and mentoring of women street vendors and LSGs members with inclusive access to finance, capacity development on business and life skills and long term networks | $10,000 |
| Senka Hill | to provide funding for improving and expanding agroforestry/ sustainable agriculture practices and training for poor smallholder farmers | $10,000 |
| Peaceful Bamboo Family | to provide funding for improving and expanding biodynamic/ sustainable agriculture training and practices in Vietnam | $10,000 |
| De La Gente | to provide funding for improve women's coffee production practices and processes through improved equipment and training | $10,000 |
Ready to take the next step with SK2 Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $24,528,353 | $1,571,854 | $1,744,100 | $195,000 | 19 | $2,089,642 | $981,529 | $1,167,966 |
| 2023 | $24,694,594 | $953,763 | $1,573,892 | $249,145 | 32 | $3,223,932 | $323,109 | $1,163,879 |
| 2022 | $25,424,361 | $1,908,542 | $1,409,569 | $173,000 | 22 | $2,180,414 | $608,250 | $1,134,613 |
| 2021 | $24,914,599 | $16,728,232 | $1,292,653 | $166,188 | 21 | $2,185,200 | $2,632,312 | — |
| 2020 | $9,351,874 | $4,917,818 | $852,311 | $35,018 | 6 | — | $41,027 | — |
| 2019 | $5,274,961 | $4,309,909 | $869,989 | — | — | — | $20,507 | — |
Under IRS private-foundation payout rules, SK2 Fund reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
SK2 Fund says it uses “creative capital”—coordinated forms of funding—to help socially and environmentally committed small businesses and related initiatives succeed. Its website identifies women’s entrepreneurship and sustainable agriculture as grant priorities. For women’s entrepreneurship, it describes support for grassroots training, mentorship, technical assistance, affordable investment capital, and women-led community initiatives. Its sustainable agriculture priorities include smallholder farms, women-led enterprise, Indigenous and people-of-color leadership, knowledge sharing, ecosystem resilience, and improved land, soil, and water quality.
The funder’s 2024 filing also describes loans and direct charitable activities related to clean energy, small-business finance, dignified jobs, sustainable land stewardship, organic farming, and small-business equipment and technical assistance. These program activities are distinct from grants to outside organizations.
Grantmaking
In filing year 2024, SK2 Fund gave 19 grants totaling $195,000. Grants ranged from $1,000 to $50,000, with a median grant of $10,000.
The largest reported grant was $50,000 to Just Economy Institute for assistance to creative capital projects addressing social and environmental problems. Other notable grants included $15,000 each to Posibility Labs to mobilize capital for social and environmental justice; Black Farmer Fund to finance community farmers and food entrepreneurs and strengthen local food systems; Advocates for the West to protect natural landscapes and native wildlife; and Idaho Conservation League to protect clean air, clean water, and special places in Idaho. Black Farmer Fund describes its mission as building community wealth and health by investing in Black agricultural businesses in the Northeast. Idaho Conservation League says its mission is to create a conservation community and lasting solutions to protect and restore air, water, land, and wildlife. Advocates for the West says it uses law and science to restore streams and watersheds, protect public lands and wildlife, and support sustainable communities in Idaho and other Western states.
SK2 also gave $5,000 to American Rivers, whose stated mission is to protect and restore rivers, and $5,000 to Realize Impact - Beneficial Returns to support lending to high-impact small and medium-sized social enterprises.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Laurel Williams as Executive Director and Erik Schultz and Linda Kincannon as directors.
SK2 Fund is led by Laurel Williams, Executive Director on every filing since 2019; 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Laurel Williams
Executive Director
On filings since 2019
40 hrs/week
$85K (2019) → $168K (2024)
Erik Schultz
Director
Trustee → Director, 2024
On filings since 2019
40 hrs/week
$83K (2019) → $72K (2024)
Linda Kincannon
Director
Trustee → Director, 2024
On filings since 2019
1 hr/week
$30K (2019) → $0 (2024)
Former officers (5)
- Former: Kellen Williams (2021–2022) — Trustee
- Former: Einar Schultz (2019–2020) — Treasurer
- Former: Tae Kim (2019–2020) — Trustee
- Former: Maggie Kamau-Biruri (2019) — Trustee
- Former: Teresa Mei-Yee Orr (2019) — Trustee
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $168K, to Laurel Williams (Executive Dir.). 2 officers or directors reported compensation on that filing.
Frequently asked questions about SK2 Fund
How much does SK2 Fund give each year?
SK2 Fund gave $195K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $249K across 32 grants.
What is SK2 Fund's typical grant size?
SK2 Fund's median grant in 2024 was $10,000, and its average grant was $10,263, across 19 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from SK2 Fund that year got $12K on average.
Where does SK2 Fund give grants?
SK2 Fund's top state is California, with 35% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Idaho (17%) and New York (8%). The most frequent recipient cities were Boise, ID (3 grants), San Francisco, CA (2 grants) and New York, NY (2 grants).
Does SK2 Fund give general operating support?
Not in 2024: none of the 19 grants with a stated purpose on SK2 Fund's 2024 IRS Form 990-PF were described as general or operating support.
Who are SK2 Fund's largest grantees?
SK2 Fund's largest 2024 grantees include Just Economy Institute ($50,000), Advocates for the West ($17,500 across 2 grants) and Posibility Labs ($15,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is SK2 Fund?
SK2 Fund reported $24.5M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).
What does SK2 Fund fund?
SK2 Fund says it uses “creative capital”—coordinated forms of funding—to help socially and environmentally committed small businesses and related initiatives succeed. Its website identifies women’s entrepreneurship and sustainable agriculture as grant priorities. See mission & focus areas ↑
How do I apply for a grant from SK2 Fund?
SK2 Fund does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is SK2 Fund's EIN?
SK2 Fund's EIN (Employer Identification Number) is 27-3247230. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in SK2 Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Idaho
Arthur B Schultz Foundation
Lander, WY
The Arthur B Schultz Foundation funds grassroots organizations advancing opportunities for women and people with physical disabilities, especially through education, leadership, life skills, disability inclusion, and entrepreneurship, primarily in East Africa and Central America. In 2024, grants ranged from $450 to $50,000, with a median of $7,500. It accepts inquiries only with an introduction from a current partner and begins with a Letter of Intent.
Assets
$5.8M
Grants
41
Total Given
$352K
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
RSF Social Finance Inc
San Francisco, CA
RSF Social Finance funds organizations and projects advancing social and environmental change, especially in food and agriculture, climate and energy, education, and community impact. Its 2024 grants had a median of $25,000, with awards ranging from $5,250 to $5.52 million; recipients were primarily in California, Maryland, New York, Georgia, and Pennsylvania. The profile does not state whether RSF accepts unsolicited requests.
Assets
$108.4M
Grants
457
Total Given
$48.2M
Idaho Community Foundation Inc
Boise, ID
The Idaho Community Foundation funds Idaho nonprofits, community organizations, and public entities in areas including health, housing, education, arts and culture, the environment, and community benefit. Its 2024 grants had a median of $14,082; its regional program typically awards $3,000–$8,000, with requests capped at $25,000. It accepts applications through specific programs and its online portal, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$260.6M
Grants
348
Total Given
$12.8M
Blue Cross of Idaho Foundation
Meridian, ID
The Blue Cross of Idaho Foundation for Health funds Idaho programs addressing root causes of health, with a focus on community, education, and healthcare. Its 2024 grants ranged from $250 to $300,000, with a median of $1,000, and its work reaches all 44 Idaho counties. It generally funds preselected organizations and does not accept unsolicited requests.
Assets
$80.7M
Grants
282
Total Given
$4.1M
More similar funders
More Funders in Idaho
Cite this profile
Grantable. (2026). SK2 Fund funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/sk2-fund-morg_c755903125814f5ba9c2239965ea2ef6
BibTeX
@misc{grantable_273247230_2026,
author = {{Grantable}},
title = {{SK2 Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/sk2-fund-morg_c755903125814f5ba9c2239965ea2ef6},
note = {Accessed 2026-10-16. 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 SK2 Fund'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.
SK2 Fund down — hundreds of funders to go?