Arthur Lee Private Foundation Charitable Trust is located in Brookhaven, NY. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthur Lee Private Foundation Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARTHUR LEE PRIVATE FOUNDATION CHARITABLE TRUST WAS BORNE OUT OF THE DESIRE FOR ARTHUR LEE'S GRANDSON TO CARRY ON HIS GRANDFATHER'S NAME AS A WELL KNOWN SCULPTOR. T IS THE DESIRE OF THIS FOUNDATION TO ENHANCE RECOGNITION OF THE WORKS OF ARTHUR LEE FOR THE PUBLIC BENEFIT. TO ACHIEVE THIS GOAL, THE FOUNDATION WILL SPONSOR EXHIBITIONS OF SCULPTURES AT TRAVELING SHOWS, STUDENT ART LEAGUES, ART SCHOOLS AND UNIVERSITIES, MUSEUMS AND GALLERIES. THE FOUNDATION WILL OVERSEE THE PRODUCTION AND SALE OF A LIMITED NUMBER OF CASTS MADE FROM PLASTERS OF SCULPTURES CREATED BY LEE. THE FOUNDATION WILL EXPAND AND STRENGTHEN HIS CONNECTION WITH THE PUBLIC, THROUGH LOANS, GIFTS AND SALES OF HIS ART. ADDITIONALLY, THE FOUNDATION WILL MAINTAIN AN ARCHIVE OF BROCHURES, PUBLICATIONS AND A WEBSITE CONCERNING LEE, HIS WORKS AND CAREER.IT IS A UNIQUE ORGANIZATION AND FILLS A NICHE OF EXPOSING THE PUBLIC TO THE WORK OF AN AMAZING SCULPTOR AS WELL AS BRINGING BENEFITS TO THE COMMUNITY AT LARGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julia Lee-Carlson Trustee | 10 | $0 | |
Robin Lee Trustee | 20 | $0 | |
Robert Mueller Trustee | 10 | $0 | |
Monica Digilio Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,500 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $2,500 |
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 | $185 |
Total operating and administrative expenses | $380 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $380 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,363 |
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 | $6,363 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $9,273 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,273 |
Organization Name | Assets | Revenue |
---|---|---|
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |
Birthright Israel North America Inc New York, NY | $2,756,137 | $5,688,766 |
Soros Economic Development Fund New York, NY | $190,503,205 | $61,273,314 |
Willem De Kooning Foundation New York, NY | $89,591,494 | $5,032,918 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |
Planning And Art Resources For Communities Inc New York, NY | $52,479,102 | $4,125,701 |