H S Lee Family Foundation
H S Lee Family Foundation is a private foundation, based in Santa Rosa Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 4 grants totaling $3.0M. Net investment income was $588K.
Key facts about H S Lee Family Foundation
In short: H S Lee Family Foundation gave $3.0M across 4 grants in 2025 (avg $761K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- EIN
- 82-3635509
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $3,045,000
- Grants made (2025)
- 4
- Average grant
- $761,250
- Median grant
- $650,000
- Total assets
- $1,485,262
- Primary geography
- Pennsylvania (56% 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
$1.5M
-62.4% YoY
Annual Giving
$3.0M
+110.0% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$761K
+162.5% YoY
Under IRS private-foundation payout rules, H S Lee Family Foundation reported a distributable amount of $185K for 2025 — the minimum it must pay out in qualifying distributions.
How H S Lee Family Foundation gives
- Giving grew 20200% from 2022 to 2025. Method
- In 2025 it paid out well above 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
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $15K (2022) to $3.0M (2025). In 2025 it made 4 grants totaling $3.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Lehigh University ($1.7M). Together the top 4 received $3.0M.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 8 grants of 16 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lehigh University Bethlehem, PA | General Operating Support | $1,720,000 |
| Seoul National University Foundation Inc Fort Lee, NJ | General Operating Support | $1,000,000 |
| Surgical Education International Irvine, CA | General Operating Support | $300,000 |
| Calista Education and Culture Inc Anchorage, AK | General Operating Support | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,485,262 | $3,949,538 | $4,691,642 |
| Revenue | $588,275 | $724,485 | $730,008 |
| Expenses | $3,055,400 | $1,466,589 | $3,060,588 |
| Qualifying Distributions | $3,045,000 | $1,450,000 | $3,024,000 |
| Net Investment Income | $588,275 | $724,485 | $730,008 |
| Distributable Amount | $185,325 | $237,421 | $334,828 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
H S Lee Family Foundation is led by Hyo Sang Lee, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Hyo Sang Lee
President
On filings since 2019
No compensation reported
Arnold H. Lee
Treasurer
On filings since 2019
No compensation reported
Soo Lee
Vice President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 H S Lee Family Foundation
How much does H S Lee Family Foundation give each year?
H S Lee Family Foundation gave $3.0M across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.4M across 5 grants.
What is H S Lee Family Foundation's typical grant size?
H S Lee Family Foundation's median grant in 2025 was $650,000, and its average grant was $761,250, across 4 grants on its 2025 IRS Form 990-PF.
Where does H S Lee Family Foundation give grants?
H S Lee Family Foundation gives mostly in Pennsylvania: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (33%) and California (10%).
Does H S Lee Family Foundation give general operating support?
Yes: 100% of H S Lee Family Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is H S Lee Family Foundation?
H S Lee Family Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $185K (roughly 5% of its investment assets).
What is H S Lee Family Foundation's EIN?
H S Lee Family Foundation's EIN (Employer Identification Number) is 82-3635509. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching H S Lee Family Foundation by hand.
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