The K2 Family Foundation

BOSTON, MA EIN: 20-7124990

The K2 Family Foundation is a private non-profit foundation based in Boston, Massachusetts, with operations also noted in Port Clyde, Maine. As a non-operating foundation, it does not fund individuals or their projects, but instead partners with other non-profit organizations to advance its mission.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

-17.8% YoY

Annual Giving

$1.7M

+261.0% YoY

Grant Count

35

-12.5% YoY

Avg Grant Size

$47K

+312.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Foundation grants funds to charitable institutions that strive—through art, education, or action—to promote more creative and sustainable ways of living. The Foundation recognizes that endeavors may directly or indirectly engage notions of sustainable living, while fostering dialogue that honors diversity of opinion and promotes knowledge as a route to understanding. The Foundation acknowledges that there are many paths toward a more sustainable future and seeks to be guided by the creativity of its partner organizations.

Primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The Foundation is not currently accepting unsolicited funding inquiries. Applications are by invitation only.

Grant Range

$1,000 - $476,000

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Geographic Focus

Where this funder awards grants

The Foundation primarily funds organizations in:

  • Maine
  • New York
  • California

Grant Distribution by State

15states
+7 more states

Cities

AlbanyAuburnAugustaAuroraBangorBelfastBostonCamdenColchesterCotatiDecorahEllsworthFalmouthGreenwichHarborsideIndianapolisJamaica PlainLewistonMontgomeryNew York

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $3,687,998
  • Total revenues: $916,988
  • Total expenses: $1,714,668
  • Total giving: $1,658,040
  • Investment income and dividends: $107,291
  • Net gain from sale of non-inventory assets: $333,827

Year Formed: 2007

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$472K$943K$1M$2M20202021202220232024
Metric202420232022
Total Assets$3,687,998$4,485,678$4,724,585
Revenue$916,988$242,557$-4,671
Expenses$1,714,668$507,883$547,309
Qualifying Distributions$1,662,630$463,548$500,976
Net Investment Income$403,704$221,375$88,271
Distributable Amount$277,422$284,332$305,458

Giving Over Time

Total grant dollars and number of grants per year

$0$415K$829K$1M$2M30 grants202022 grants202156 grants202240 grants202335 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAINE COMMUNITY FOUNDATI…$476KMAINE COMMUNITY FOUNDATION$400KMAINE COMMUNITY FOUNDATION$250KMAINE COMMUNITY FOUNDATION$225KACLU OF MAINE$50KACLU OF MAINE$50KMAINE FARMLAND TRUST$50KCENTER FOR ECONOMIC DEMO…$25KST GEORGE HOUSING I LLC$25KTHE JAR$25K

Grant Size Distribution

177 grants across all recorded years

161<$50K11$50–100K1$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The Foundation is supported by Robert & Margot Kelley.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT T KELLEYTRUSTEE0.25
MARGOT ANNE KELLEYTRUSTEE0.25

Contact

For inquiries about the K2 Family Foundation, contact: info (at) k2ff.org

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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