Lee Family Charitable Foundation

BOSTON, MA EIN: 04-6022029

Lee Family Charitable Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $633K. Net investment income was $282K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$633K

+1819.7% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$106K

+1819.7% YoY

Under IRS private-foundation payout rules, Lee Family Charitable Foundation reported a distributable amount of $28K for 2022 — the minimum it must pay out in qualifying distributions.

About Lee Family Charitable Foundation

Based on IRS filings

Lee Family Charitable Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $633K. Net investment income was $282K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BostonCambridgeMilton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$181K$362K$543K$724K202020212022
Metric202220212020
Total Assets$360,578$346,496
Revenue$297,983$53,725$18,716
Expenses$658,561$39,643$33,518
Qualifying Distributions$642,521$34,285
Net Investment Income$281,942$48,367$14,302
Distributable Amount$28,119$42,300$33,675

Giving Over Time

Total grant dollars and number of grants per year

$0$158K$317K$475K$633K6 grants20206 grants20216 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2022

BOSTON SYMPHONY ORCHESTRA$106KHARVARD COLLEGE$106KMASS GENERAL HOSPITAL$106KMILTON ACADEMY$106KMUSEUM OF FINE ARTS$106KTUFTS MEDICAL CENTER$106K

Grant Size Distribution

18 grants across all recorded years

12<$50K$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Boston Symphony Orchestra ($105,581), Harvard College ($105,581), Mass General Hospital ($105,581).

RecipientPurposeAmount
BOSTON SYMPHONY ORCHESTRA BOSTON, MASYMPHONY ORCHESTRA$105,581
HARVARD COLLEGE CAMBRIDGE, MAEDUCATIONAL$105,581
MASS GENERAL HOSPITAL BOSTON, MAMEDICAL$105,581
MILTON ACADEMY MILTON, MAEDUCATIONAL$105,581
MUSEUM OF FINE ARTS BOSTON, MAMUSEUM$105,581
TUFTS MEDICAL CENTER BOSTON, MAMEDICAL$105,581

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
WILLIAM E FLANAGANTRUSTEE1
DAVID S LEETRUSTEE1
JAMES J LEE JRTRUSTEE1

Frequently Asked Questions

Where does Lee Family Charitable Foundation operate?

Lee Family Charitable Foundation has awarded grants in Massachusetts.

What size grants does Lee Family Charitable Foundation award?

In 2022, Lee Family Charitable Foundation awarded 6 grants totaling $633K — an average of about $106K per grant, based on its IRS Form 990 filings.

How much is Lee Family Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Lee Family Charitable Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lee Family Charitable Foundation's EIN?

Lee Family Charitable Foundation's EIN (Employer Identification Number) is 04-6022029. IRS Form 990 filing data is available on this page for 2020–2022.

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

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