Allen Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $267K in total assets. In 2024, it made $9K in qualifying distributions. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$267K
+5.5% YoY
Revenue
$23K
+1139.6% YoY
Qualifying Distributions
$9K
+3.6% YoY
Expenses
$9K
+3.8% YoY
Under IRS private-foundation payout rules, Allen Lee Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Allen Lee Foundation
Based on IRS filings
Allen Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $267K in total assets. In 2024, it made $9K in qualifying distributions. Net investment income was $3K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $266,910 | $252,877 | $259,591 |
| Revenue | $22,920 | $1,849 | $70,521 |
| Expenses | $8,887 | $8,563 | $8,237 |
| Qualifying Distributions | $8,864 | $8,553 | $8,237 |
| Net Investment Income | $2,920 | $1,849 | $521 |
| Distributable Amount | $15,751 | $13,266 | $9,630 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Allen Lee | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Allen Lee Foundation?
Allen Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $267K in total assets as of 2024.
How large is Allen Lee Foundation?
As of 2024, Allen Lee Foundation holds $267K in total assets with $23K in annual revenue.
How much is Allen Lee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Allen Lee Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Allen Lee Foundation's EIN?
Allen Lee Foundation's EIN (Employer Identification Number) is 85-3679059. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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