Lee Family Foundation

LAKE BLUFF, IL EIN: 36-4234640

The Lee Family Foundation is a private independent foundation based in Lake Bluff, Illinois. Established in 1999, it operates as a 501(c)(3) organization dedicated to philanthropic grantmaking across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$281K

-16.5% YoY

Grant Count

61

-15.3% YoY

Avg Grant Size

$5K

-1.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Community and school gardens
  • Environmental education
  • Environmental conservation
  • Food assistance programs

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Illinois
  • Wisconsin
  • Texas

Grant Distribution by State

19states
+11 more states

Cities

AKRONARLINGTONAUSTINBALTIMOREBANNOCKBURNBETTENDORFBLOOMINGTONBOULDERBROOKLYNCAMBRIDGECHICAGOCLAREMONTCOOKEVILLECOON RAPIDSDALLASDEERFIELDEAGLEEAST TROYEVANSTONEWEST ALLIS

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $5,873,092
  • Total Revenues: $165,165
  • Total Expenses: $338,505
  • Total Liabilities: $0

As of December 2024:

  • Total Assets: $6,180,000
  • Total Revenues: $384,000
  • Total Expenses: $284,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$84K$168K$252K$337K47 grants201954 grants202062 grants202162 grants202272 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTHERN ILLINOIS FOOD B…$20KCONVENTION OF STATES FOU…$15KMAINSTAY THERAPEUTIC FARM$15KALANO CLUB OF WAUKEGAN$10KCAMP EDWARDS YMCA$10KCHICAGO BOTANIC GARDENS$10KSALVATION ARMY$10KSHELLY'S ANGELS SAVING S…$10KCAMP ONE STEP$8KOUR LADY OF PERPETUAL HE…$6K

Grant Size Distribution

250 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • David R Lee - Trustee (as of 2023)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID R LEETRUSTEE1
JUSTIN L LEETRUSTEE1

Recent News & Activity

Recent developments and announcements

The foundation continues active grantmaking operations, with recent distributions supporting food banks, affordable housing initiatives, and community service organizations across its geographic focus areas.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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