Jeong Lee Family Foundation
Jeong Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOBRA LINDA, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it made $75 in qualifying distributions. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$296K
+99.9% YoY
Revenue
$18K
-84.7% YoY
Qualifying Distributions
$75
-97.5% YoY
Expenses
$3K
+122.3% YoY
Under IRS private-foundation payout rules, Jeong Lee Family Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Jeong Lee Family Foundation
Based on IRS filings
Jeong Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOBRA LINDA, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it made $75 in qualifying distributions. Net investment income was $8K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $295,843 | $148,001 | $30,087 |
| Revenue | $18,305 | $119,414 | $30,087 |
| Expenses | $3,335 | $1,500 | — |
| Qualifying Distributions | $75 | $3,000 | — |
| Net Investment Income | $7,972 | — | — |
| Distributable Amount | $13,990 | $1,760 | $62 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEONG LEE | CEO | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jeong Lee Family Foundation?
Jeong Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YOBRA LINDA, CA. It holds $296K in total assets as of 2024.
How large is Jeong Lee Family Foundation?
As of 2024, Jeong Lee Family Foundation holds $296K in total assets with $18K in annual revenue.
How much is Jeong Lee Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jeong Lee Family Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jeong Lee Family Foundation's EIN?
Jeong Lee Family Foundation's EIN (Employer Identification Number) is 88-4195294. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.