H S Lee Family Foundation

Private foundation · Grantmaker Santa Rosa Beach, FL EIN: 82-3635509

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

7states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

AnchorageBethlehemIrvineNew YorkBethesdaChevy ChaseFort LeeFrederickHuntsvillePorter RanchPotomac

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M2 grants2019 3 grants2020 0 grants2021 1 grant2022 6 grants2023 5 grants2024 4 grants2025

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

Lehigh University: $1.7MLehigh University$1.7MSeoul National University Foundation Inc: $1.0MSeoul National UniversityFoundation Inc$1.0MSurgical Education International: $300KSurgical EducationInternational$300KCalista Education and Culture Inc: $25KCalista Education and CultureInc$25K

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

8<$50K$50–100K1$100–250K2$250–500K$500K–1M5$1–5M$5M+

The most common grant size was under $50K: 8 grants of 16 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lehigh University Bethlehem, PAGeneral Operating Support$1,720,000
Seoul National University Foundation Inc Fort Lee, NJGeneral Operating Support$1,000,000
Surgical Education International Irvine, CAGeneral Operating Support$300,000
Calista Education and Culture Inc Anchorage, AKGeneral Operating Support$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. 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.

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