Edwin and Margaret Lee Foundation

Private foundation · Grantmaker Merrimack, NH EIN: 81-0548702

Edwin and Margaret Lee Foundation is a private foundation, based in Merrimack, NH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $953K in total assets. In 2025, it awarded 2 grants totaling $51K. Net investment income was $182K.

Key facts about Edwin and Margaret Lee Foundation

In short: Edwin and Margaret Lee Foundation gave $51K across 2 grants in 2025 (avg $26K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
81-0548702
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$51,300
Grants made (2025)
2
Average grant
$25,650
Median grant
$25,650
Total assets
$953,483
Primary geography
California (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

$953K

+15.1% YoY

Annual Giving

$51K

+370.6% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$26K

+135.3% YoY

Under IRS private-foundation payout rules, Edwin and Margaret Lee Foundation reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.

How Edwin and Margaret Lee Foundation gives

  • Giving grew 97% from 2022 to 2025. Method
  • In 2025 it paid out 117% of its IRS minimum distribution (the 5% rule). 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

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

San FranciscoHonoluluCupertinoBerkeleySan Jose

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2020 5 grants2021 3 grants2022 1 grant2023 1 grant2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $1K (2023) to $51K (2025). In 2025 it made 2 grants totaling $51K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Chinatown YMCA: $34KChinatown YMCA$34KSelf Help for the Elderly: $17KSelf Help for the Elderly$17K

The largest 2025 recipient was Chinatown YMCA ($34K). Together the top 2 received $51K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Chinatown YMCA San Francisco, CASupport Local Community$34,000
Self Help for the Elderly San Francisco, CASupport Local Community$17,300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$953,483$828,355$721,144
Revenue$181,698$139,347$94,621
Expenses$56,571$15,545$4,913
Qualifying Distributions$55,674$15,155$4,686
Net Investment Income$181,514$38,065$24,877
Distributable Amount$47,730$42,814$30,730

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

Edwin and Margaret Lee Foundation is led by Edwin Lee, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Edwin Lee

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jeffrey Lee

    Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Margaret Lee

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Philip Lee

    Treasurer

    On filings since 2020

    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 Edwin and Margaret Lee Foundation

How much does Edwin and Margaret Lee Foundation give each year?

Edwin and Margaret Lee Foundation gave $51K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 1 grant.

How large is Edwin and Margaret Lee Foundation?

Edwin and Margaret Lee Foundation reported $953K in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).

Where does Edwin and Margaret Lee Foundation operate?

Edwin and Margaret Lee Foundation has awarded grants in California, Hawaii.

What is Edwin and Margaret Lee Foundation's EIN?

Edwin and Margaret Lee Foundation's EIN (Employer Identification Number) is 81-0548702. 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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