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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
177 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT T KELLEY | TRUSTEE | 0.25 | — |
| MARGOT ANNE KELLEY | TRUSTEE | 0.25 | — |
Contact
For inquiries about the K2 Family Foundation, contact: info (at) k2ff.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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