Audrey T Lee Charitable Trust WETS10204
Audrey T Lee Charitable Trust WETS10204 is a private foundation focused on religion, based in Sioux Falls, SD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $60K. Net investment income was $64K.
Audrey T Lee Charitable Trust WETS10204 at a glance
In short: Audrey T Lee Charitable Trust WETS10204 gave $60K across 1 grant in 2025 (avg $60K), mostly in North Dakota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $60,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $60,000
- +0.0% vs 2024
- Median grant
- $60,000
- Total assets
- $1,235,271
- +0.1% vs 2024
- Primary geography
- North Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Audrey T Lee Charitable Trust WETS10204 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was First Lutheran Church ($60K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Audrey T Lee Charitable Trust WETS10204 gives
- Giving held roughly steady from 2022 to 2025 (−8%). Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $60K (2023) to $69K (2021). In 2025 it made 1 grant totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Lutheran Church Fargo, ND | For Foreign Mission Support | $60,000 |
Ready to take the next step with Audrey T Lee Charitable Trust WETS10204?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,235,271 | $78,827 | $76,570 | $60,000 | 1 | $60,000 | $63,555 | $61,751 |
| 2024 | $1,233,729 | $76,405 | $77,207 | $60,000 | 1 | $62,957 | $62,139 | $61,140 |
| 2023 | $1,234,531 | $88,190 | $71,656 | $60,000 | 1 | $62,168 | $77,675 | $58,043 |
| 2022 | $1,217,997 | $45,382 | $78,826 | $65,297 | 1 | $67,560 | $34,319 | $60,654 |
| 2021 | $1,251,446 | $78,465 | $83,031 | $69,122 | 1 | $71,589 | $64,175 | $67,764 |
| 2020 | $1,256,016 | $83,320 | $80,769 | $66,425 | 1 | — | $15,870 | $69,122 |
Under IRS private-foundation payout rules, Audrey T Lee Charitable Trust WETS10204 reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Audrey T Lee Charitable Trust WETS10204's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
First International Bank AND Trust
Trustee
New on the 2025 filing
1 hr/week
$15K (2025)
Wealth Enhancement Trust Services
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Firsat International Bank & Trust (2021–2024) — Trustee
- Former: 1st International Bank & Trust (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $15K, to First International Bank and Trust (Trustee).
Frequently asked questions about Audrey T Lee Charitable Trust WETS10204
How much does Audrey T Lee Charitable Trust WETS10204 give each year?
Audrey T Lee Charitable Trust WETS10204 gave $60K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 1 grant.
How large is Audrey T Lee Charitable Trust WETS10204?
Audrey T Lee Charitable Trust WETS10204 reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Audrey T Lee Charitable Trust WETS10204?
Audrey T Lee Charitable Trust WETS10204 is a private foundation focused on religion, based in Sioux Falls, SD. It holds $1.2M in total assets as of 2025.
Where does Audrey T Lee Charitable Trust WETS10204 operate?
Audrey T Lee Charitable Trust WETS10204 has awarded grants in North Dakota.
What is Audrey T Lee Charitable Trust WETS10204's EIN?
Audrey T Lee Charitable Trust WETS10204's EIN (Employer Identification Number) is 45-6070257. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Audrey T Lee Charitable Trust WETS10204 funds
Religion Related Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Audrey T Lee Charitable Trust WETS10204's focus areas in our free grants database
Similar Funders
Funders with grantees in common
New Life Charitable Foundation Inc
Bellefontaine, OH
To provide an organization, separate from the First Lutheran Church, for holding contributions on a long-term basis to encourage giving by those who desire to give through this method. To provide services to areas and operations surrounding the church, but not a direct part of it.
Assets
$1.3M
Grants
1
Total Given
$18K
First Lutheran Church Waltz Tuw
Pittsburgh, PA
Assets
$113K
Grants
1
Total Given
$6K
Funding New Beginnings Community Foundation
Prophetstown, IL
Support of community activities
Assets
$6.3M
Grants
2
Total Given
$85K
Timothy a & Mona a Ness
Sioux Falls, SD
Assets
$361K
Grants
3
Total Given
$11K
Leland Stenehjem Family Foundation
Watford City, ND
Assets
$500K
Grants
3
Total Given
$23K
Schaffrick Charitable Foundation Inc CO
Cincinnati, OH
Assets
$1.1M
Grants
5
Total Given
$125K
More similar funders
More Funders in South Dakota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Audrey T Lee Charitable Trust WETS10204's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Audrey T Lee Charitable Trust WETS10204 down — hundreds of funders to go?