Dana and Gregory Lee Family Foundation

Private foundation · Grantmaker Las Vegas, NV EIN: 82-3722791

Dana and Gregory Lee Family Foundation is a private foundation, based in Las Vegas, NV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10.1M in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $62K.

Key facts about Dana and Gregory Lee Family Foundation

In short: Dana and Gregory Lee Family Foundation gave $5K across 1 grant in 2025 (avg $5K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
82-3722791
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,000
Grants made (2025)
1
Average grant
$5,000
Median grant
$5,000
Total assets
$10,070,922
Primary geography
New York (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

$10.1M

+1.2% YoY

Annual Giving

$5K

-97.8% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$5K

-93.4% YoY

Under IRS private-foundation payout rules, Dana and Gregory Lee Family Foundation reported a distributable amount of $492K for 2025 — the minimum it must pay out in qualifying distributions.

How Dana and Gregory Lee Family Foundation gives

  • Giving fell 98% from 2022 to 2025. Method
  • In 2025 it paid out 1% 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

6states

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

Cities

ProvidenceLos AngelesCambridgeNew York CitySan FranciscoSanta BarbaraCincinnatiLas VegasNew CanaanNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K5 grants2020 5 grants2021 3 grants2022 3 grants2023 3 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $5K (2025) to $451K (2020). In 2025 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Whitney Museum of American Art: $5KWhitney Museum of American Art$5K

The largest 2025 recipient was Whitney Museum of American Art ($5K).

Grant Size Distribution

15 grants across all recorded years

9<$50K$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 15 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Whitney Museum of American Art New York City, NYProgram Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$10,070,922$9,951,060$10,107,520
Revenue$67,305$61,727$113,100
Expenses$12,673$234,349$431,531
Qualifying Distributions$6,425$228,721$425,000
Net Investment Income$62,420$56,899$57,845
Distributable Amount$491,567$491,506$501,529

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Dana and Gregory Lee Family Foundation is led by Gregory T. H. Lee, President, Secretary & Director since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gregory T. H. Lee

    President, Secretary & Director

    Manager → President, Secretary & Director, 2021

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Dana S. Lee

    Director

    Manager → Director, 2021

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • James A. Barrett Jr.

    Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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.

Frequently asked questions about Dana and Gregory Lee Family Foundation

How much does Dana and Gregory Lee Family Foundation give each year?

Dana and Gregory Lee Family Foundation gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $227K across 3 grants.

How large is Dana and Gregory Lee Family Foundation?

Dana and Gregory Lee Family Foundation reported $10.1M in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $492K (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.

Where does Dana and Gregory Lee Family Foundation operate?

Dana and Gregory Lee Family Foundation has awarded grants in California, Connecticut, Nevada, New York, Ohio, Rhode Island.

What is Dana and Gregory Lee Family Foundation's EIN?

Dana and Gregory Lee Family Foundation's EIN (Employer Identification Number) is 82-3722791. 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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