The K2 Family Foundation
The K2 Family Foundation is a private foundation based in Boston, Massachusetts. Its 2025 filing lists grants to charitable organizations, including Maine-based community, farmland, music, and food and farming organizations.
The K2 Family Foundation at a glance
In short: The K2 Family Foundation gave $2.1M across 11 grants in 2025 (avg $194K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,131,290
- +28.5% vs 2024
- Grants made (2025)
- 11
- -68.6% vs 2024
- Average grant
- $193,754
- +309.0% vs 2024
- Median grant
- $2,500
- Total assets
- $2,613,744
- -29.1% vs 2024
- Primary geography
- Maine (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The K2 Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 125 High Street Oliver St Twr Fl, Boston, MA 02110
Phone: (207) 372-8083
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The K2 Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Maine Community Foundation ($2.0M across 3 grants). Together the top 9 received $2.1M.
Grant Size Distribution
164 grants across all recorded years
The most common grant size was under $50K: 146 grants of 164 (89%).
Geographic Focus
Where this funder awards grants
The 2025 grant list is led by Maine recipients. It also includes listed grants to organizations in Florida, New York, and Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
How The K2 Family Foundation gives
- Giving grew 326% from 2022 to 2025. Method
- In 2025 it paid out 879% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $115K (2021) to $2.1M (2025). In 2025 it made 11 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Community Foundation Ellsworth, ME | General | $1,600,000 |
| Maine Community Foundation Ellsworth, ME | General | $220,000 |
| Maine Community Foundation Ellsworth, ME | General | $200,000 |
| Maine Farmland Trust Belfast, ME | General | $100,000 |
| Midcoast Music Rockport, ME | General | $2,740 |
| The Good Life Center Harborside, ME | General | $2,500 |
| St George Volunteer Firefighters Eastpoint, FL | General | $2,000 |
| National Young Farmers Coalition Albany, NY | General | $1,050 |
| Mofga Unity, ME | General | $1,000 |
| Seed Saver Exchange Decorah, IA | General | $1,000 |
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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 | $2,613,744 | $1,132,261 | $2,206,515 | $2,131,290 | 11 | $2,136,240 | $1,085,330 | $243,055 |
| 2024 | $3,687,998 | $916,988 | $1,714,668 | $1,658,040 | 35 | $1,662,630 | $403,704 | $277,422 |
| 2023 | $4,485,678 | $242,557 | $507,883 | $459,348 | 40 | $463,548 | $221,375 | $284,332 |
| 2022 | $4,724,585 | $-4,671 | $547,309 | $500,691 | 56 | $500,976 | $88,271 | $305,458 |
| 2021 | $5,158,295 | $1,319,317 | $168,363 | $115,454 | 22 | $115,579 | $562,747 | $323,557 |
| 2020 | $4,570,950 | $261,967 | $286,906 | $248,167 | 30 | — | $146,427 | $257,817 |
Under IRS private-foundation payout rules, The K2 Family Foundation reported a distributable amount of $243K 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
The foundation’s stated mission is to support charitable institutions working through art, education, or action to promote creative and sustainable ways of living, while fostering dialogue and knowledge. Its 2025 grants included organizations whose work spans community giving, farmland protection, and farming and seed preservation.
For example, Maine Farmland Trust says it protects farmland, supports farmers, and advances the future of farming. The National Young Farmers Coalition says it works to shift power and change policy to equitably resource a new generation of working farmers. Seed Savers Exchange describes its work as saving seeds of endangered garden and food crops through a grassroots network of gardeners and orchardists.
Grantmaking
In 2025, the foundation made 11 grants totaling $2,131,290. Grant amounts ranged from $1,000 to $1,600,000, with a median of $2,500. The largest listed awards were $1,600,000, $220,000, and $200,000 to Maine Community Foundation, and $100,000 to Maine Farmland Trust. Other listed recipients included Midcoast Music, The Good Life Center, St George Volunteer Firefighters, the National Young Farmers Coalition, MOFGA, and Seed Savers Exchange.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Robert T Kelley and Margot Anne Kelley as trustees.
The K2 Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Margot Anne Kelley
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Robert T. Kelley
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 The K2 Family Foundation
How much does The K2 Family Foundation give each year?
The K2 Family Foundation gave $2.1M across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.7M across 35 grants.
What is The K2 Family Foundation's typical grant size?
The K2 Family Foundation's median grant in 2025 was $2,500, and its average grant was $193,754, across 11 grants on its 2025 IRS Form 990-PF.
Where does The K2 Family Foundation give grants?
The K2 Family Foundation gives mostly in Maine: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Ellsworth, ME (3 grants) and Decorah, IA (2 grants).
Does The K2 Family Foundation give general operating support?
Yes: 100% of The K2 Family Foundation's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The K2 Family Foundation's largest grantees?
The K2 Family Foundation's largest 2025 grantees include Maine Community Foundation ($2,020,000 across 3 grants), Maine Farmland Trust ($100,000) and Midcoast Music ($2,740), according to its 2025 IRS Form 990-PF.
How large is The K2 Family Foundation?
The K2 Family Foundation reported $2.6M 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 $243K (roughly 5% of its investment assets).
What does The K2 Family Foundation fund?
The foundation’s stated mission is to support charitable institutions working through art, education, or action to promote creative and sustainable ways of living, while fostering dialogue and knowledge. See mission & focus areas ↑
How do I apply for a grant from The K2 Family Foundation?
The foundation 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 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.
Does The K2 Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 20, 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 6, 2026)
Live grants for the work The K2 Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The K2 Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The K2 Family Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-k2-family-foundation-morg_bde1deee032a4b64b2646ac3c96e733e
BibTeX
@misc{grantable_207124990_2026,
author = {{Grantable}},
title = {{The K2 Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-k2-family-foundation-morg_bde1deee032a4b64b2646ac3c96e733e},
note = {Accessed 2026-10-17. 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 The K2 Family 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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