Bruce and Laura Lee Family Foundation
- Assets
- $0.0
- Revenue
- $39.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Winnetka, IL
- Founding
- Data as of
- 12/2017
- EIN
- 45-2283760
Organization Overview
Bruce and Laura Lee Family Foundation is located in Winnetka, IL.
For the year ending 12/2017, Bruce and Laura Lee Family Foundation generated $39.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (38.3%) each year. All expenses for the organization totaled $230.0k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE CHARITABLE ACTIVITY OF THE FOUNDATION IS TOMAKE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. THEFOUNDATION DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES.
THE SOLE CHARITABLE ACTIVITY OF THE FOUNDATION IS TOMAKE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. THEFOUNDATION DOES NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce A Lee Chmn, Director | 2 | $0 | |
Laura D Lee Pres, Director | 1 | $0 | |
Michael P Drogin Director | 1 | $0 | |
Bruce A Lee Chmn, Director | 2 | $0 | |
Laura D Lee Pres, Director | 1 | $0 | |
Michael P Drogin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $996 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,490 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,145 |
| Capital Gain Net Income | $56,697 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $526 |
| Total Revenue | $39,157 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $3,399 |
| Contributions, gifts, grants paid | $226,640 |
| Total expenses and disbursements | $230,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bruce and Laura Lee Family Foundation has awarded $453,280 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
LOYOLA ACADEMY PURPOSE: GENERALOPERATING FUND | $25,000 |
LOYOLA ACADEMY PURPOSE: SECOND CENTURYRESERVE FUND | $60,000 |
LOYOLA ACADEMY PURPOSE: SCHOLARSHIPS | $10,000 |
CHRIST THE KING PURPOSE: GENERALOPERATING FUND | $5,000 |
CHICAGO JESUIT ACADEMY PURPOSE: GENERALOPERATING FUND | $17,500 |
LOYOLA ACADEMY PURPOSE: GENERALOPERATING FUND | $10,000 |