The K2 Family Foundation

Foundation · Grantmaker 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.

Key facts about The K2 Family Foundation

EIN
20-7124990
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,131,290
Grants made (2025)
11
Average grant
$193,754
Median grant
$2,500
Primary geography
Maine (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The K2 Family Foundation funds

By grant dollars, the top recipient states for The K2 Family Foundation's 11 itemized 2025 grants were Maine (100%). The most frequent recipient cities were Ellsworth, ME (3 grants) and Decorah, IA (2 grants). 100% of grants with a stated purpose were for general or operating support.

How The K2 Family Foundation gives

  • Giving grew 326% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2.1M

+28.5% YoY

Grant Count

11

-68.6% YoY

Avg Grant Size

$194K

+309.0% 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

16states

Share of all 11 itemized 2025 grant dollars.

Cities

RocklandPortlandTenants HarborSan FranciscoRockportNew YorkBelfastEllsworthAugustaDecorahBangorAlbanyBostonHarborsideUnityAuburnCamdenSt GeorgeTenants HBRAurora

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$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 20, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 20, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$533K$1M$2M$2M30 grants202022 grants202156 grants202240 grants202335 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Maine Community Foundation: $2.0M across 3 grantsMaine Community Foundation$2.0M · 3 grantsMaine Farmland Trust: $100KMaine Farmland Trust$100KMidcoast Music: $3KMidcoast Music$3KThe Good Life Center: $3KThe Good Life Center$3KSt George Volunteer Firefighters: $2KSt George VolunteerFirefighters$2KNational Young Farmers Coalition: $1KNational Young FarmersCoalition$1KMofga: $1KMofga$1KSeed Saver Exchange: $1KSeed Saver Exchange$1KSeed Savers Exchange: $1KSeed Savers Exchange$1K

Grant Size Distribution

164 grants across all recorded years

146<$50K9$50–100K4$100–250K4$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Maine Community Foundation ($2,020,000 across 3 grants), Maine Farmland Trust ($100,000), Midcoast Music ($2,740).

RecipientPurposeAmount
MAINE COMMUNITY FOUNDATION Ellsworth, MEGENERAL$1,600,000
MAINE COMMUNITY FOUNDATION Ellsworth, MEGENERAL$220,000
MAINE COMMUNITY FOUNDATION Ellsworth, MEGENERAL$200,000
MAINE FARMLAND TRUST Belfast, MEGENERAL$100,000
MIDCOAST MUSIC Rockport, MEGENERAL$2,740
THE GOOD LIFE CENTER Harborside, MEGENERAL$2,500
ST GEORGE VOLUNTEER FIREFIGHTERS Eastpoint, FLGENERAL$2,000
NATIONAL YOUNG FARMERS COALITION Albany, NYGENERAL$1,050
MOFGA Unity, MEGENERAL$1,000
SEED SAVER EXCHANGE Decorah, IAGENERAL$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

The Foundation is supported by Robert & Margot Kelley.

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS 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

Frequently Asked Questions

What does The K2 Family Foundation fund?

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 creativi…

How do I apply for a grant from The K2 Family Foundation?

**Grant Activity (2024):** • Total giving: $1,658,040 • Number of grants: 35 • Median grant amount: $2,000 • Grant range: $1,000 - $476,000 • Giving rate: 45.0% of assets **Recent Grantees (2024):** • Maine Community Foundation: $400,000 • Maine Community Foundation: $250,000 • Maine Community Foundation: $225,000 **Application Policy:** The Foundation is not currently accepting unsolicited funding inquiries. Applications are by invitation only.

Where does The K2 Family Foundation make grants?

The Foundation primarily funds organizations in: • Maine • New York • California

What size grants does The K2 Family Foundation award?

In 2025, The K2 Family Foundation awarded 11 grants totaling $2.1M — an average of about $194K per grant, based on its IRS Form 990 filings.

What is The K2 Family Foundation's EIN?

The K2 Family Foundation's EIN (Employer Identification Number) is 20-7124990. IRS Form 990 filing data is available on this page for 2020–2025.

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

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