Joe R Lee Family Foundation Inc

WILMINGTON, DE EIN: 20-5975648

Joe R Lee Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 8 grants totaling $220K. Net investment income was $187K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-1.4% YoY

Annual Giving

$220K

+2.3% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$28K

-10.5% YoY

Under IRS private-foundation payout rules, Joe R Lee Family Foundation Inc reported a distributable amount of $278K for 2024 — the minimum it must pay out in qualifying distributions.

About Joe R Lee Family Foundation Inc

Based on IRS filings

Joe R Lee Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 8 grants totaling $220K. Net investment income was $187K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

CummingGallowayJacksonvilleLos AngelesOrlandoPonte Vedra BeachRochesterSanta MonicaStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$308K$616K$924K$1M20202021202220232024
Metric202420232022
Total Assets$4,344,673$4,407,982$4,654,463
Revenue$232,738$33,796$116,650
Expenses$296,047$280,277$266,452
Qualifying Distributions$249,317$234,341$211,219
Net Investment Income$186,714$45,103$70,089
Distributable Amount$278,048$247,273$253,359

Giving Over Time

Total grant dollars and number of grants per year

$0$75K$150K$225K$300K5 grants20201 grants20216 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

BOYS & GIRLS CLUBS OF CE…$100KCANINE COMPANIONS FOR IN…$25KK9 WARRIORS INC$25KMAYO CLINIC$25KTHE CHURCH OF ELEVEN22 INC$25KMLC MINISTRIES INC$10KCANINE COMPANIONS FOR IN…$5KMIKEROWEWORKS FOUNDATION$5K

Grant Size Distribution

27 grants across all recorded years

22<$50K$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys & Girls Clubs of Central Florida ($100,000), Canine Companions for Independence ($25,000), K9 Warriors Inc ($25,000).

RecipientPurposeAmount
BOYS & GIRLS CLUBS OF CENTRAL FLORIDA ORLANDO, FLJoe R. Lee Branch in Eatonville, FL FUND$100,000
CANINE COMPANIONS FOR INDEPENDENCE ORLANDO, FLGeneral & Unrestricted$5,000
CANINE COMPANIONS FOR INDEPENDENCE ORLANDO, FLIN SUPPORT OF PURCHASING, TRAINING AND CARE OF A SERVICE DOG$25,000
K9 WARRIORS INC GALLOWAY, NJGeneral & Unrestricted$25,000
MAYO CLINIC ROCHESTER, MNGeneral & Unrestricted$25,000
MIKEROWEWORKS FOUNDATION LOS ANGELES, CAScholarship Fund$5,000
MLC MINISTRIES INC CUMMING, GAGod's Not Done Yet Campaign/Local Church Dawson Fund$10,000
THE CHURCH OF ELEVEN22 INC JACKSONVILLE, FLJacksonville FL/San Pablo Campus "10:10 Life CAMPAIGN$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Carolyn Dale LeeVP1
Joe R LeePres, Dir1
Keena Rene LeeSec1
Michael Frederick LeeTreas1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joe R Lee Family Foundation Inc?

Joe R Lee Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $4.3M in total assets as of 2024.

How large is Joe R Lee Family Foundation Inc?

As of 2024, Joe R Lee Family Foundation Inc holds $4.3M in total assets with $233K in annual revenue. It awarded 8 grants totaling $220K in 2024.

Where does Joe R Lee Family Foundation Inc operate?

Joe R Lee Family Foundation Inc has awarded grants in California, Florida, Georgia, Minnesota, New Jersey, New York.

What size grants does Joe R Lee Family Foundation Inc award?

In 2024, Joe R Lee Family Foundation Inc awarded 8 grants totaling $220K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Joe R Lee Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joe R Lee Family Foundation Inc reported a distributable amount of $278K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joe R Lee Family Foundation Inc's EIN?

Joe R Lee Family Foundation Inc's EIN (Employer Identification Number) is 20-5975648. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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