Fong & Lee Foundation Inc
- Assets
- $41.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- Data as of
- 12/2023
- EIN
- 88-3052875
Organization Overview
Fong & Lee Foundation Inc is located in Bonita Springs, FL. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fong & 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 12/2023, Fong & Lee Foundation Inc generated $52.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $31.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR ACCOMPLISHMENTS FOR 2023 INCLUDED:- FONG & LEE FOUNDATION INC. PROVIDED $10,000.00 TO BROOKLYN TECHNICAL HIGH SCHOOL ALUMNI FOUNDATION AS RESEARCH STIPENDS TO 4 FEMALE STUDENTS OF ASIAN DESCENT IN STEM RESEARCH- FONG & LEE FOUNDATION INC. PROVIDED $10,000.00 TO CHINESE AMERICAN PLANNING COUNCIL TO FUND 4 FEMALE STUDENTS OF ASIAN DESCENT AS STIPENDS FOR HIGH SCHOOL SENIORS WHO ARE FIRST TO ATTEND COLLEGE AND PURSUING EDUCATIONAL GOALS IN SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS, MEDICINE/HEALTH, LAW AND BUSINESS- FONG & LEE FOUNDATION INC. PROVIDED $10,560.00 TO CHINATOWN HEALTH CLINIC FOUNDATION TO SUPPORT 2 WOMEN OF CHINESE DESCENT WHO ARE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE AND WHO ARE PURSUING THEIR EDUCATIONAL GOALS IN MEDICINE AND HEALTH RELATED FIELDS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean K Fong President, Dir | 4 | $0 | |
Linda J Lee Director | 2 | $0 | |
Yvette Weir Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,103 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $265 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $440 |
| Total expenses | $31,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,348 |
| Other assets | $0 |
| Total assets | $41,348 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,348 |