Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 43 grants totaling $30K. Net investment income was $452K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+29.2% YoY
Annual Giving
$30K
-10.1% YoY
Grant Count
43
+26.5% YoY
Avg Grant Size
$705.233
-29.0% YoY
Under IRS private-foundation payout rules, Lee Family Foundation reported a distributable amount of $85K for 2024 — the minimum it must pay out in qualifying distributions.
About Lee Family Foundation
Based on IRS filings
Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 43 grants totaling $30K. Net investment income was $452K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,818,498 | $1,408,040 | $1,343,805 |
| Revenue | $461,283 | $112,215 | $98,602 |
| Expenses | $41,789 | $45,132 | $42,795 |
| Qualifying Distributions | $32,075 | $35,250 | $33,025 |
| Net Investment Income | $451,569 | $102,333 | $88,832 |
| Distributable Amount | $85,211 | $83,510 | $78,425 |
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
189 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Selby Gardens ($5,500), Van Wezel Foundation ($4,000), Oyster Bay Estates ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL FAITHS FOOD BANK SARASOTA, FL | CHARITABLE | $500 |
| ALZHEIMERS ASSOCIATION WASHINGTON, DC | CHARITABLE | $1,000 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | CHARITABLE | $100 |
| CAPITAL RESEARCH CTR WASHINGTON, DC | CHARITABLE | $500 |
| COAST GUARD FOUNDATION STONINGTON, CT | CHARITABLE | $100 |
| COMPASSION & CHOICES PORTLAND, OR | CHARITABLE | $200 |
| FLORIDA SHERRIFS ASSOC TALLAHASSEE, FL | CHARITABLE | $200 |
| FLORIDA THEATRE JACKSONVILLE, FL | CHARITABLE | $250 |
| HILLSDALE COLLEGE HILLSDALE, MI | CHARITABLE | $250 |
| INTERNATIONAL FELLOWSHIP CHRISTIANS WASHINGTON DC, DC | CHARITABLE | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN J LEE | PRESIDENT | — | — |
| KAREN A LEE | TRUSTEE | — | — |
| JUSTIN S LEE | TRUSTEE | — | — |
| MEGAN A LEE | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lee Family Foundation?
Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $1.8M in total assets as of 2024.
How large is Lee Family Foundation?
As of 2024, Lee Family Foundation holds $1.8M in total assets with $461K in annual revenue. It awarded 43 grants totaling $30K in 2024.
Where does Lee Family Foundation operate?
Lee Family Foundation has awarded grants in Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Indiana, Kansas, Massachusetts, Maryland, Michigan, New York, Oregon, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin.
What size grants does Lee Family Foundation award?
In 2024, Lee Family Foundation awarded 43 grants totaling $30K — an average of about $705.233 per grant, based on its IRS Form 990 filings.
How much is Lee Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lee Family Foundation reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lee Family Foundation's EIN?
Lee Family Foundation's EIN (Employer Identification Number) is 04-6919219. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lee Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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