Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
SK2 Fund Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 45334
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boise, ID83711
A Employer identification number

27-3247230
B Telephone number (see instructions)

(208) 602-8923
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$27,825,933J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 13,821,467
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,708 6,708 6,708
4 Dividends and interest from securities... 360,524 360,524 360,524
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,410,368
b Gross sales price for all assets on line 6a 10,814,665
7 Capital gain net income (from Part IV, line 2)... 2,410,368
8 Net short-term capital gain......... 2,123,281
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 129,165 129,165 129,165
12 Total. Add lines 1 through 11........ 16,728,232 2,906,765 2,619,678
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 268,000 24,188 24,188 243,812
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 70,720 5,237 5,237 65,483
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 30,000     30,000
c Other professional fees (attach schedule).... Click to see attachment 134,828 134,328 134,328 500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 24,449 2,861 1,023 18,588
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,635     6,635
22 Printing and publications.......... 745     745
23 Other expenses (attach schedule)....... Click to see attachment 591,088 107,839 104,748 483,249
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,126,465 274,453 269,524 849,012
25 Contributions, gifts, grants paid....... 166,188 166,188
26 Total expenses and disbursements. Add lines 24 and 25 1,292,653 274,453 269,524 1,015,200
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,435,579
b Net investment income (if negative, enter -0-) 2,632,312
c Adjusted net income (if negative, enter -0-)... 2,350,154
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,996,312 1,688,784 1,688,784
2 Savings and temporary cash investments......... 50,595 802,954 802,954
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,684,912 Click to see attachment15,193,677 18,239,990
c Investments—corporate bonds (attach schedule)....... 792,099 Click to see attachment2,891,595 2,756,616
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,729,467 Click to see attachment4,162,630 4,162,630
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment98,489 Click to see attachment174,959 Click to see attachment174,959
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,351,874 24,914,599 27,825,933
Liabilities 17 Accounts payable and accrued expenses.......... 18,128 1,124
18 Grants payable................. 10,000 6,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment148,075
23 Total liabilities (add lines 17 through 22)......... 28,128 155,199
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 9,323,746 24,759,400
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 9,323,746 24,759,400
30 Total liabilities and net assets/fund balances (see instructions). 9,351,874 24,914,599
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
9,323,746
2
Enter amount from Part I, line 27a .....................
2
15,435,579
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
75
4
Add lines 1, 2, and 3 ..........................
4
24,759,400
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,759,400
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities LT P 2020-08-19 2021-12-31
b ST Capital Gains Distributions P 2021-01-01 2021-12-31
c LT Capital Gains Distributions P 2020-08-19 2021-12-31
d Publicly Traded Securities ST P 2021-01-01 2021-12-31
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,000,000   781,127 218,873
b 60,727     60,727
c 68,214     68,214
d 9,685,724   7,623,170 2,062,554
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       218,873
b       60,727
c       68,214
d       2,062,554
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,410,368
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 2,123,281
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 36,589
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 36,589
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 33,930
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 43930 7 43,930
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,341
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,341 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletID
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.sk2fund.org
    14
    The books are in care ofbullet3rd Creek Accounting Telephone no.bullet (775) 832-9222

    Located atbulletPO Box 5406Incline VillageNV ZIP+4bullet89450
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Erik Schultz Trustee
    040.00     		58,500    
    PO Box 45334
    Boise,ID83711
    Laurel Williams Executive Director
    040.00     		122,250    
    PO Box 45334
    Boise,ID83711
    Kellen Williams Trustee
    040.00     		86,250    
    PO Box 45334
    Boise,ID83711
    Linda Kincannon Trustee
    001.00     		1,000    
    PO Box 45334
    Boise,ID83711
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    3rd Creek Investments Inc Investment Advisory Financial Management 140,000
    PO Box 5406
    Incline Village,NV89450
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 Thriive Cambodia provides capital for production equipment and technical assistants to small businessess, helping them to expand and create new jobs. Loans are repaid through business donation of an equivalent value of in-kind products, services, or job training to impoverished community members. 102,676
    2 Thriive Nicaragua provides capital for production equipment and technical assistants to small businessess, helping them to expand and create new jobs. Loans are repaid through business donation of an equivalent value of in-kind products, services, or job training to impoverished community members. 54,123
    3 Thriive Guatemala provides capital for production equipment and technical assistants to small businessess, helping them to expand and create new jobs. Loans are repaid through business donation of an equivalent value of in-kind products, services, or job training to impoverished community members. 231,905
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 Deetken Ilu Women's Empowerment Fund - the Fund seeks to influence, through its deployment of capital, the growth of businesses that are committed to gender smart business practices while also contributing to employment access to finance, access to clean energy, health, education, equality, and well-being for women & girls. 750,000
    2 Working Capital for Community Needs- The Fund targets root causes of poverty and social injustice by providing low-income Latin Americans with access and fair-trade marketing channels that they can use to gain control over their own lives and communities. 350,000
    All other program-related investments. See instructions.
    3 Click to see attachment 70,000
    Total. Add lines 1 through 3.........................bullet1,170,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    21,744,515
    b
    Average of monthly cash balances.......................
    1b
    2,659,393
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,296,499
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,700,407
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    26,700,407
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    400,506
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    26,299,901
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,314,995
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    10,000
    5
    Add lines 3 and 4............................
    5
    10,000
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    0
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
    2010-11-30
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
    1,314,995   20,507 4,675 1,340,177
    b 85% (0.85) of line 2a ......... 1,117,746   17,431 3,974 1,139,151
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		2,185,200 758,650 867,989 1,234,849 5,046,688
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		1,335,388 35,018     1,370,406
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		849,812 723,632 867,989 1,234,849 3,676,282
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		876,663 111,029 111,671 16,658 1,116,021
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Advocates for the West
    1320 West Franklin St
    Boise,ID83702     		  PC Environmental Conservation 1,000
    Grapevine - Lunar Women's Project
    12651 San Pablo Ave
    Richmond,CA94805     		  PC Empower womens donor circles 2,500
    Idaho Conservation League
    710 N 6th St
    Boise,ID83702     		  PC Environmental Conservation 1,300
    Peregrine Fund
    5668 West Flying Hawk Lane
    Boise,ID83709     		  PC Environmental Conservation 500
    Idaho Conservation League
    710 N 6th St
    Boise,ID83702     		  PC Environmental Conservation 1,000
    Drug Policy Alliance
    131 West 33rd St 15th Floor
    New York,NY10001     		  PC Promote alternatives to the war on drugs 1,000
    Catch Boise
    503 S Americana Blvd
    Boise,ID83702     		  PC Ending homelessness for families by inspiring stable housing, financial independence, and resilience 1,300
    Swift River Farm
    193 Hwy 93 N
    Salmon,ID83467     		  NC Increase organic vegetable output and increase jobs 26,580
    Southern Capital Project
    520 N Tyler St
    Little Rock,AR72205     		  PC Empower women entrepreneurs 20,000
    Nevada Nordic
    PO Box 5406
    Incline Village,NV89450     		  PC Promote community driven cross country skiing 5,000
    Idaho Conservation League
    710 N 6th St
    Boise,ID83702     		  PC Environmental Conservation 5,000
    Trees Water People
    633 Remington St
    Fort Collins,CO80524     		  PC Environmental Conservation 208
    American Rivers
    1101 14th St NW STE 1400
    Washington,DC20005     		  PC Environmental Conservation 5,000
    Advocates for the West
    1320 West Franklin St
    Boise,ID83702     		  PC Environmental Conservation 5,000
    Mekong Quilts
    Bihn Thuam Province
    Ho Chi Minh City    
    VM     		  NC Support artisans to improve livelihoods 10,000
    Women's Resource Center Cambodia
    647 Viheachen V Sangkat Svay D
    Siem Reap    
    CB     		  NC Empower women entrepreneurs 15,000
    Lady Saving Group
    154 Dekcho Damdin St
    Phnom Penh    
    CB     		  NC Help women entrepreneurs access training and financial resources 5,000
    Street Business School
    PO Box 370
    Niwot,CO80544     		  PC womens empowerment through at least 4 entrepreneurial training groups 20,000
    Amigos de Santa Cruz
    2226 Eastlake Ave E 319
    Seattle,WA98102     		  PC empower women with economic opportunities 15,000
    Reciprocity Fund
    6214 S Hood Ave
    Portland,OR97239     		  NC support indigenous systems for resilience and livelihoods to reduce poverty 25,000
    Idahoe Conservation League
    710 N 6th St
    Boise,ID83702     		  PC Environmental Conservation 800
    Total .................................bullet 3a 166,188
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 6,708  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,410,368  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   2,906,765  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,906,765
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
        NA  
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID: 21013554
    Software Version: 21.0.5.0
    Part VI Line 7 - Tax Paid with the Original Return: 43,930


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    SK2 Fund Inc
     
    Employer identification number

    27-3247230
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    SK2 Fund Inc
          		Employer identification number
    27-3247230
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Estate of Arthur B Schultz
    820 CD Olena
     
    Hailey, ID83333

    		$ 15,653,757


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    Argidius Foundation
    Grafenauweg 10
     
    Zug, ZougCH6301SZ

    		$ 41,760


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    SK2 Fund Inc
          		Employer identification number

    27-3247230
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 Publicly Traded Securities $ 15,203,118 2021-01-25
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 Small business Note Receivable $ 50,000 2022-12-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    SK2 Fund Inc
          		Employer identification number

    27-3247230
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID: 21013554
    Software Version: 21.0.5.0

    TY 2021 AccountingFeesSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Financial Admin 30,000     30,000

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount
    Illumexico 35,000
    Phu Quy Orange 35,000

    TY 2021 GeneralExplanationAttachment
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Identifier Return Reference Explanation
      Expenditure Responsibility Statement Part VIII-B Imara Tech PRI Purpose Support company with RD to s Expenditure Responsibility Statement Part VIIIB Imara Tech PRI Purpose Support company with RD to save smallholder farmers time and cost. PRI Amount 10000 Date of PRI 5/15/20 Date of Repayment 11/03/2021 Final Report 10/2022 No diversions pregrant inquiry 2020 TEMA PRI Purpose Support production of wheelchairs for those in need in local region Date of PRI 6/4/20 Amount 15000 Pregrant inquiry 2020 No diversions Whole Forest PRI Purpose Support sustainable forestry company PRI Amount 25000 Pregrant inquiry 2020 Annual Reports 2021 2022 No diversions Page 3. Part IV. Line 1a and Line 1d Total long term and short term gains from publicly trades securities represent securities purchased by the foundation and donated to the foundation. The correct donor cost basis is reported for all securities that were donated to the foundation. Expenditure Responsibility Statement Part XIV 3a Grantee Womens Resource Center Address647 Viheachen V Sangkat Svay D Siem Reap Cambodia Purpose Empower Women Entrepreneurs Amount 15000 PreGrant Inquiry 45/2021 Date of Grant 6/15/21 Annual Final Report 8/2022 Grantee Mekong Quilts Vietnam Address Bihn Thuam Province Ho Chi Minh City Vietnam Purpose Support artisans to improve livelihoods Amount 10000 PreGrant Inquiry 23/2021 Date of Grant 4/15/2021 Annual Final Report 5/16/2022 Grantee Lady Saving Group Address154 Dekcho Damdin St Phnom Penh Cambodia PurposeHelp Women Entreprenuers access training and financial resources Amount 5000 PreGrant Inquiry 36/2021 Date of Grant 7/15/2021 Annual Final Report 7/15/2022 Expenditure Responsibility Statement Part XIV 3a Grantee Swift River Farm PurposeIncrease organic vegetable output and increase jobs Amount 26580 PreGrant Inquiry 11/20202/2021 Date of Grant 3/5/2021 Annual Report 4/2021 Reciprocity Fund Purpose support indigenous systems for resilience and livelihoods to reduce poverty Grant Amount 25000 Pre grant inquiry 1112/2021 Date of Grant 12/20/21 Annual Report pending No diversions of any grant Expenditure Responsibility Statement Part VIIIB Deetken Ilu Womens Empowerment Fund PRI womens financial inclusion in Latin America 750000 Pregrant inquiry 910/2021 Date of PRI 12/30/2021 Quarterly Reports 3/22 6/22 Working Capital for Community Needs PRI 350000 Pregrant inquiry 101112/2021 Date of PRI 12/30/2021 Annual Report 22 Annual Impact Report 10/22 Financial inclustion via microfinance in Latin America for people experiencing poverty esp women rural Expenditure Responsibility Statement Part VIIIB Illumexico PRI supporting access to clean energy via solar in Mexico 35000 Pregrant inquiry 67/2021 Date of PRI 8/13/21 Annual Report 8/2022 Phu Quy Orange support womanowned organic agriculture and jobs in Vietnam 35000 Pregrant inquiry 12/2022 Date of PRI 7/6/2021 Annual Report 7/2022 No diversions of any PRI.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bonds 2,891,595 2,756,616

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Stock 15,193,677 18,239,990

    TY 2021 InvestmentsOtherSchedule2
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Kachuwa Equity Fund AT COST 325,000 325,000
    Sarona Emerging Markets Fund AT COST 537,883 537,883
    NDN Fund Covid Relief AT COST 50,000 50,000
    Loan to Swift River Farm AT COST 44,593 44,593
    Triple Net Investment AT COST 1,000,000 1,000,000
    CNote Flagship Fund AT COST 106,773 106,773
    Astia Venture Fund AT COST 216,522 216,522
    Conscious Venture Fund II AT COST 435,394 435,394
    Elevate Capital Fund II AT COST 194,599 194,599
    Illumen Capital II AT COST 32,900 32,900
    Deetken Ilu Womens Empowerment Fund AT COST 750,000 750,000
    Loan to Halogen AT COST 50,500 50,500
    WCCN AT COST 350,000 350,000
    Interest Receivable - Impact Portfolio AT COST 68,466 68,466

    TY 2021 OtherAssetsSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Eco Filtro 38,622 31,802 31,802
    ATEC 17,367    
    Imara Tech 5,127    
    TEMA 15,000 9,738 9,738
    Whole Forest 21,996 15,828 15,828
    Accrued interest 377 377 377
    Something Better Foods   50,000 50,000
    Illumexico   32,214 32,214
    Phu Quy Orange   35,000 35,000


    TY 2021 OtherExpensesSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office Expense Computer Supplies 3,781 756   3,025
    Postage 171 34   137
    Office Expense Office Supplies 173 35   138
    Professional Development 4,618     4,618
    Direct Program Operations 466,408     466,408
    Bank Fees 718 120   598
    Insurance - Workers Comp 975 88   887
    Promotional Materials 451     451
    Online Services 1,786 357   1,429
    Office Expense Internet 2,488 498   1,990
    Website 983 197   786
    Dues and Subscriptions 3,758 1,000   2,758
    Grassroots PRI Investments Bank Fees 90 90 90  
    Grassroots PRI foreign taxes 79 79 79  
    Partnership Fees and Expenses 104,318 104,318 104,318  
    Grassroots PRI Fees Admin 261 261 261  
    Phone 30 6   24


    TY 2021 OtherIncomeSchedule2
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Grassroots PRI Interest Income 3,559 3,559 3,559
    Impact Portfolio Established Co Interest Income 2,000 2,000 2,000
    Peoria Recycling Bldg int income 68,466 68,466 68,466
    Private Equity Partnership Income 55,140 55,140 55,140


    TY 2021 OtherIncreasesSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Amount
    Rounding 75


    TY 2021 OtherLiabilitiesSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Credit Card   2,908
    Direct Program Payable   96,650
    SEP Benefit Payable   40,050
    Payroll Liabilities   8,467


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    3rd Creek Investment Advisory Fee 110,000 110,000 110,000  
    Einar Schultz IC Fee 13,672 13,672 13,672  
    Nia Advisory Fee 5,688 5,688 5,688  
    Boston Common Fee 4,968 4,968 4,968  
    Consultant Fee 500     500


    TY 2021 SubstantialContributorsSch
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name Address
    Arthur B Schultz PO Box 4642
    Incline Village,NV89452
    Kavli Trust Postboks 7360
    Bergen    
    NO
    Peter Kwok 1363 Nanton Ave
    Vancouver,BC  
    CA
    Chris Bunting 3070 Sawmill Rd
    Bozeman,MT59715
    Anne George Bunting 217 International Circle
    Hunt Valley,MD21030
    Teresa Orr 396 Saint Martin Dr
    Redwood City,CA94065
    Mary C Bunting 217 International Circle
    Hunt Valley,MD21030
    Dominic Orr 18933 Star Ridge Court
    Saratoga,CA95070
    3rd Creek Foundation PO Box 5406
    Incline Village,NV89450
    Bunting Family Foundation 217 International Circle
    Hunt Valley,MD21030
    Peco Foundation PO Box 6438
    Ketchum,ID83340
    Don and Marcia Liebich 196 Nex Perce Circle
    Hailey,ID83333


    TY 2021 TaxesSchedule
    Name:
    SK2 Fund Inc
    EIN:
    27-3247230
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll Taxes 20,426 1,838   18,588
    Investment Income Taxes 3,000      
    ADR Fees 1,023 1,023 1,023