Lee Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARY ESTHER, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 15 grants totaling $111K. Net investment income was $110K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+0.4% YoY
Annual Giving
$111K
+2.0% YoY
Grant Count
15
-11.8% YoY
Avg Grant Size
$7K
+15.6% YoY
Under IRS private-foundation payout rules, Lee Foundation Inc reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.
About Lee Foundation Inc
Based on IRS filings
Lee Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARY ESTHER, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 15 grants totaling $111K. Net investment income was $110K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,131,477 | $2,123,235 | $2,157,441 |
| Revenue | $110,934 | $62,248 | $18,000 |
| Expenses | $113,237 | $110,579 | $116,205 |
| Qualifying Distributions | $111,618 | $109,411 | $107,142 |
| Net Investment Income | $110,176 | $61,258 | $12,801 |
| Distributable Amount | $106,998 | $107,732 | $110,523 |
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
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include One More Child ($24,000), First Baptist Church ($16,000), Meals on Wheels of Okaloosa County ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HABITAT FOR HUMANITY FORT WALTON BEACH, FL | OPERATIONAL SUPPORT | $300 |
| PARTNERS FOR MADAGASCAR CORP FORT WALTON BEACH, FL | OPERATIONAL SUPPORT | $500 |
| REFORMED UNIVERSITY FELLOWSHIP CHARLOTTE, NC | VANDERBILT CAMPUS | $1,000 |
| PIONEERS-USA ORLANDO, FL | OPERATIONAL SUPPORT | $3,000 |
| IMPACT RACING MINISTRIES GRIFFIN, GA | OPERATIONAL SUPPORT | $4,000 |
| OCSO SHERIFF'S STAR CHARITY SHALIMAR, FL | OPERATIONAL SUPPORT | $5,000 |
| LEADERSHIP EXPERIENCE INITIATIVE FORT WALTON BEACH, FL | OPERATIONAL SUPPORT | $5,000 |
| MENTAL HEALTH ASSOCIATION OF OKALOOSAWALTON COUNTY FLORIDA FORT WALTON BEACH, FL | OPERATIONAL SUPPORT | $6,000 |
| JOURNEY CHURCH TIFTON, GA | OPERATIONAL SUPPORT | $6,000 |
| MEALS ON WHEELS OF OKALOOSA COUNTY FORT WALTON BEACH, FL | OPERATIONAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT E LEE | PRESIDENT | 1 | — |
| NANCY LEE | BOARD MEMBER | 1 | — |
| LAURA LEE-ANDERSON | BOARD MEMBER | 1 | — |
| HELEN ASHLEY | BOARD MEMBER | 1 | — |
| JAMIE THOMPSON | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lee Foundation Inc?
Lee Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARY ESTHER, FL. It holds $2.1M in total assets as of 2024.
How large is Lee Foundation Inc?
As of 2024, Lee Foundation Inc holds $2.1M in total assets with $111K in annual revenue. It awarded 15 grants totaling $111K in 2024.
Where does Lee Foundation Inc operate?
Lee Foundation Inc has awarded grants in Alabama, Florida, Georgia, Louisiana, Missouri, North Carolina, Tennessee, Washington, Wisconsin.
What size grants does Lee Foundation Inc award?
In 2024, Lee Foundation Inc awarded 15 grants totaling $111K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Lee Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lee Foundation Inc reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lee Foundation Inc's EIN?
Lee Foundation Inc's EIN (Employer Identification Number) is 82-3350398. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lee Foundation Inc'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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