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K2 Charitable Foundation is a private corporation based in URBANDALE, IA. The foundation received its IRS ruling in 2013. The principal officer is John Lamale. It holds total assets of $4.2M. Annual income is reported at $2.4M. Total assets have grown from $496K in 2013 to $4.7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Iowa and Mississippi. According to available records, K2 Charitable Foundation has made 69 grants totaling $5.4M, with a median grant of $6K. Annual giving has grown from $786K in 2020 to $1.5M in 2023. Grantmaking activity was highest in 2022 with $2.4M distributed across 30 grants. Individual grants have ranged from $500 to $742K, with an average award of $79K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Florida, Iowa, Colorado, which account for 61% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$66K
Largest Grant
$557K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
K2 Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in FL, IA, CO.
K2 Charitable Foundation has distributed a total of $5.4M across 69 grants. The median grant size is $6K, with an average of $79K. Individual grants have ranged from $500 to $742K.
The application deadline is SUBMISSION DEADLINES HAVE NOT BEEN YET DETERMINED. In process of determinin g any restrictions.
K2 Charitable Foundation is headquartered in URBANDALE, IA. While based in IA, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth L Smith | PRESIDENT | $0 | $0 | N/A |
| Robert Wilson | DIRECTOR | $0 | $0 | N/A |
| John Lamale | TREASURER | $0 | $0 | N/A |
| Barry Luchtel | SECRETARY | $0 | $0 | N/A |
| Landon Luchtel | VICE PRESIDENT | $0 | $0 | N/A |
| Tom Gilbert | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$4.7M
Fair Market Value
$11.3M
Net Worth
$4.7M
Grants Paid
$1.5M
Contributions
$368K
Net Investment Income
$849K
Distribution Amount
$532K
Total: $2.5M
Total Grants
69
Total Giving
$5.4M
Average Grant
$79K
Median Grant
$6K
Unique Recipients
25
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haiti Christian Development FundRELOCATION AND REDISTRIBUTION OF THE POOR IN HAITI | Margate, FL | $650K | 2023 |
| Freedom For YouthASSIST LOST AND HURTING KIDS WHO ARE WITHOUT A HOME IN IOWA | Des Moines, IA | $504K | 2023 |
| New Horizons MinistriesINCARCERATION COUNSELING | Cancon City, CO | $225K | 2023 |
| Creighton Community FoundationEDUCATIONAL SUPPORT | Phoenix, AZ | $56K | 2023 |
| John & Vera Mae Perkins FoundationCHRISTIAN COMMUNITY DEVELOPMENT | Jackson, MS | $41K | 2023 |
| Leader SourceEDUCATION | Elkhart, IN | $10K | 2023 |
| Greater Des Moines Community FoundationSUPPORTS A VARIETY OF IOWA NONPROFITS FOR KIDS | Des Moines, IA | $6K | 2023 |
| Open Bible ChurchASSOCIATION OF CHURCHES AND MINISTERS | Des Moines, IA | $6K | 2023 |
| Easter SealsASSISTING KIDS WITH DISABILITIES | Des Moines, IA | $2K | 2023 |
| Hidden Acres Christian CenterCHRISTIAN SUMMER CAMP PROGRAMS | Dayton, IA | $2K | 2023 |
| Des Moines Refugee SupportREFUGEE FAMILY SUPPORT | Norwalk, IA | $2K | 2023 |
| Agape Pregnancy Resource CenterPREGNANCY COUNSELING | Des Moines, IA | $2K | 2023 |
| Fellowship Of Christian AthletesCHRISTIAN FELLOWSHIPRELIGIOUS TEACHING | Des Moines, IA | $500 | 2023 |
| Not Your Average JoeWORK OPPORTUNITIES FOR THE DEVELOPMENTALLY AND PHYSICALLY DISADVANTEDGED. | Oklahoma City, OK | $50K | 2022 |
| Mendenhall MinistriesRELIGIOUS INSTRUCTION | Mendenhall, MS | $12K | 2022 |
| Valley ChurchCHRISTIAN MINISTRY | West Des Moines, IA | $12K | 2022 |
| Midwest Food BankFOOD DISTRIBUTION TO NEEDY | Peoria, IL | $5K | 2022 |
| Eternal AnchorCOUNSELING | Tacoma, WA | $2K | 2022 |
| Christ Life Ministries IncRELIGIOUS INSTRUCTION | Clive, IA | $2K | 2022 |
| Freedon For YouthASSIST LOST AND HURTING KIDS WHO ARE WITHOUT A HOME IN IOWA | Des Moines, IA | $200K | 2021 |
| Neighborhood MinistriesAID TO DISTRESSED FAMILIES INCLUDING BASIS NEEDS AS FOOD AND CLOTHING | Phoenix, AZ | $25K | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA