James T Lee Foundation Inc
James T Lee Foundation Inc is a private foundation based in Wilmington, Delaware. The foundation was established in 1960 and holds tax-exempt status under Section 501(c)(3).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$750K
-42.2% YoY
Annual Giving
$861K
+996.8% YoY
Grant Count
22
+340.0% YoY
Avg Grant Size
$39K
+149.3% YoY
Under IRS private-foundation payout rules, James T Lee Foundation Inc reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation makes grants with typical award sizes ranging from $5,000 to $75,000. Recent grantmaking activity demonstrates a focus on supporting educational institutions and nonprofit organizations across multiple states.
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Geographic Focus
Where this funder awards grants
The foundation's grant-making priorities include New York, Washington, and Connecticut.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $750,326
- Total Giving: $861,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $750,326 | $1,298,942 | $1,368,037 |
| Revenue | $335,682 | $33,811 | $121,610 |
| Expenses | $884,298 | $102,906 | $202,350 |
| Qualifying Distributions | $873,951 | $97,208 | $195,043 |
| Net Investment Income | $327,882 | $30,013 | $117,297 |
| Distributable Amount | $48,671 | $74,804 | $86,207 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Memorial Sloan-kettering Cancer Center ($75,000), The Young Mens and Young Womens Hebrew Association ($75,000), Guiding Eyes for the Blind Inc ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL HALLOWS INSTITUTE BRONX, NY | All Hallows High School | $15,000 |
| BOROUGH OF MANHATTAN COMMUNITY COLLEGE NEW YORK, NY | General & Unrestricted | $25,000 |
| BROTHERS FOR LIFE SEATTLE, WA | General & Unrestricted | $55,000 |
| BUTTERFLIES FROM JODIE NEW ROCHELLE, NY | General & Unrestricted | $10,000 |
| COLGATE UNIVERSITY HAMILTON, NY | General & Unrestricted | $30,000 |
| COTTAGE IN DARIEN INC DARIEN, CT | General & Unrestricted | $40,000 |
| DEBUTANTE COTILLION AND CHRISTMAS BALL INC NEW YORK, NY | General & Unrestricted | $16,000 |
| FRIENDS OF SCHOOL IN THE SQUARE INC NEW YORK, NY | General & Unrestricted | $5,000 |
| GUIDING EYES FOR THE BLIND INC YORKTOWN HTS, NY | General & Unrestricted | $60,000 |
| LOWER EAST SIDE TENEMENT MUSEUM NEW YORK, NY | General & Unrestricted | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Leelee Brown | Dir, Pres | 1 | — |
| Paul Duffy | Dir, VP | 1 | — |
| Raymond O'Keefe | Dir | 1 | — |
| Delcour Potter | Dir, VP | 1 | — |
| Stephen Siegel | Dir | 1 | — |
| Richard Wheeless | Dir, Treas | 1 | — |
Recent Activity
Recent developments and announcements
Recent grant recipients have included Beacon College and Lee University, which received grants supporting educational initiatives including a civic education initiative.
Beacon College Receives Significant Grant from New York ...Frequently Asked Questions
How do I apply for a grant from James T Lee Foundation Inc?
The foundation makes grants with typical award sizes ranging from $5,000 to $75,000. Recent grantmaking activity demonstrates a focus on supporting educational institutions and nonprofit organizations across multiple states.
Where does James T Lee Foundation Inc make grants?
The foundation's grant-making priorities include New York, Washington, and Connecticut.
What size grants does James T Lee Foundation Inc award?
In 2024, James T Lee Foundation Inc awarded 22 grants totaling $861K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is James T Lee Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, James T Lee Foundation Inc reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is James T Lee Foundation Inc's EIN?
James T Lee Foundation Inc's EIN (Employer Identification Number) is 13-1878496. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in James T Lee Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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