John & Gayle Lee Family Foundation

TARRYTOWN, NY EIN: 26-2420689

John & Gayle Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 16 grants totaling $240K. Net investment income was $190K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+3.4% YoY

Annual Giving

$240K

+9.1% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$15K

+2.3% YoY

Under IRS private-foundation payout rules, John & Gayle Lee Family Foundation reported a distributable amount of $259K for 2024 — the minimum it must pay out in qualifying distributions.

About John & Gayle Lee Family Foundation

Based on IRS filings

John & Gayle Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 16 grants totaling $240K. Net investment income was $190K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

BerkeleyBronxChestnut HillDenverEllsworthFranklin LakesGreenwichMamaroneckNew CanaanNew HavenNew YorkNewingtonPurchaseSan FranciscoSterlingWashingtonWest SimsburyWhite Plains

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$153K$306K$459K$612K20202021202220232024
Metric202420232022
Total Assets$4,464,298$4,316,622$4,019,106
Revenue$394,179$527,256$438,636
Expenses$247,468$226,901$228,722
Qualifying Distributions$243,000$223,000$223,123
Net Investment Income$190,489$177,244$134,821
Distributable Amount$258,843$220,342$203,943

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$120K$180K$240K22 grants202014 grants202114 grants202215 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SMART$60KMAINE COMMUNITY FDTN - S…$45KEPIDEMIC ANSWERS$30KCANCER SUPPORT TEAM$19KST IGNATIUS SCHOOL$19KMAINE COMMUNITY FOUNDATION$15KGEORGETOWN UNIVERSITY$13KPLANNED PARENTHOOD$10KYALE UNIVERSITY$10KBLOSSOM HILL FOUNDATION$5K

Grant Size Distribution

81 grants across all recorded years

76<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Smart ($60,000), Maine Community Fdtn - Speedwell ($45,000), Epidemic Answers ($30,000).

RecipientPurposeAmount
BLOSSOM HILL FOUNDATION NEW CANAAN, CTEDUCATION FUNDING$5,000
CANCER SUPPORT TEAM PURCHASE, NYHEALTH FUNDING$18,500
COLORADO OUTWARD BOUND SCHOOL DENVER, COEDUCATION FUNDING$1,000
EPIDEMIC ANSWERS WEST SIMSBURY, CTHEALTH FUNDING$30,000
FORDHAM PREP BRONX, NYEDUCATION FUNDING$1,000
GEORGETOWN UNIVERSITY WASHINGTON, DCEDUCATION PURPOSE$12,500
MAINE COMMUNITY FDTN - SPEEDWELL ELLSWORTH, MECOMMUNITY DEVELOPMENT$45,000
MAINE COMMUNITY FOUNDATION ELLSWORTH, MECOMMUNITY DEVELOPMENT$15,000
MANHATTANVILLE COLLEGE PURCHASE, NYEDUCATION FUNDING$2,500
PLANNED PARENTHOOD WHITE PLAINS, NYHEALTH FUNDING$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROGER LEEPRESIDENT
JOCELYN D LEETREASURER
LAUREN LEE STONESECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is John & Gayle Lee Family Foundation?

John & Gayle Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. It holds $4.5M in total assets as of 2024.

How large is John & Gayle Lee Family Foundation?

As of 2024, John & Gayle Lee Family Foundation holds $4.5M in total assets with $394K in annual revenue. It awarded 16 grants totaling $240K in 2024.

Where does John & Gayle Lee Family Foundation operate?

John & Gayle Lee Family Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Massachusetts, Maine, New Jersey, New York, Virginia.

What size grants does John & Gayle Lee Family Foundation award?

In 2024, John & Gayle Lee Family Foundation awarded 16 grants totaling $240K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is John & Gayle Lee Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John & Gayle Lee Family Foundation reported a distributable amount of $259K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John & Gayle Lee Family Foundation's EIN?

John & Gayle Lee Family Foundation's EIN (Employer Identification Number) is 26-2420689. 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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