Audrey T Lee Charitable Trust WETS10204

Private foundation · Grantmaker Sioux Falls, SD EIN: 45-6070257

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.

Key facts about Audrey T Lee Charitable Trust WETS10204

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.

EIN
45-6070257
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$60,000
Grants made (2025)
1
Average grant
$60,000
Median grant
$60,000
Total assets
$1,235,271
Primary geography
North Dakota (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.2M

+0.1% YoY

Annual Giving

$60K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$60K

+0.0% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Fargo

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $60K (2023) to $69K (2021). In 2025 it made 1 grant totaling $60K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

First Lutheran Church: $60KFirst Lutheran Church$60K

The largest 2025 recipient was First Lutheran Church ($60K).

Grant Size Distribution

5 grants across all recorded years

<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First Lutheran Church Fargo, NDFor Foreign Mission Support$60,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,235,271$1,233,729$1,234,531
Revenue$78,827$76,405$88,190
Expenses$76,570$77,207$71,656
Qualifying Distributions$60,000$62,957$62,168
Net Investment Income$63,555$62,139$77,675
Distributable Amount$61,751$61,140$58,043

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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 September 2026. Sourced from IRS Form 990-PF filings.

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