Lee Foundation Inc
- Assets
- $2.2m
- Revenue
- $18.0k
- Investments
- $1.9m
- Employees
- 0
- Location
- Mary Esther, FL
- Founding
- 08/2018
- Data as of
- 12/2022
- EIN
- 82-3350398
Organization Overview
Lee Foundation Inc is located in Mary Esther, FL. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lee Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lee Foundation Inc generated $18.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $116.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Lee Foundation Inc has awarded 58 individual grants totaling $421,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Lee President | 1 | $0 | |
Nancy Lee Board Member | 1 | $0 | |
Laura Lee-Anderson Board Member | 1 | $0 | |
Helen Ashley Board Member | 1 | $0 | |
Jamie Thompson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,209 |
| Dividends & Interest | $2,400 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,391 |
| Capital Gain Net Income | $11,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,925 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,480 |
| Total operating and administrative expenses | $9,905 |
| Contributions, gifts, grants paid | $106,300 |
| Total expenses and disbursements | $116,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $225,474 |
| 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 | $2,157,441 |
| 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, Lee Foundation Inc has awarded $106,300 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST BAPTIST CHURCH PURPOSE: OFFERINGS AND MISSIONS | $12,300 |
FLORIDA BAPTIST CHILDREN'S HOMES PURPOSE: MOTHER'S DAY OFFERING | $4,000 |
FRESH START FOR CHILDREN & FAMILIES PURPOSE: OPERATIONAL SUPPORT | $10,000 |
IMPACT 100 OF NW FLORIDA PURPOSE: MEMBERSHIPS | $3,000 |
IMPACT RACING MINISTRIES PURPOSE: OPERATIONAL SUPPORT | $3,000 |
JOURNEY CHURCH PURPOSE: OPERATIONAL SUPPORT | $5,000 |