Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 8 grants totaling $245K. Net investment income was $257K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+5.9% YoY
Annual Giving
$245K
+6.3% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$31K
+6.3% YoY
Under IRS private-foundation payout rules, Lee Foundation reported a distributable amount of $237K for 2024 — the minimum it must pay out in qualifying distributions.
About Lee Foundation
Based on IRS filings
Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 8 grants totaling $245K. Net investment income was $257K.
Focus Areas
Ready to take the next step with Lee Foundation?
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 | $5,100,486 | $4,815,575 | $3,479,476 |
| Revenue | $420,768 | $-195,272 | $160,906 |
| Expenses | $264,621 | $237,766 | $220,985 |
| Qualifying Distributions | $244,500 | $230,000 | $205,500 |
| Net Investment Income | $256,994 | $31,337 | $128,098 |
| Distributable Amount | $237,342 | $213,863 | $179,832 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Send Relief ($69,500), Heart Cry Ministry Society ($50,000), Samaritan's Purse ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIED MISSION CHURCH ROUND ROCK, TX | GENERAL FUND | $20,000 |
| GRACE TO YOU MINISTRY PANORAMO CITY, CA | GENERAL FUND | $30,000 |
| HEART CRY MINISTRY SOCIETY RADFORD, VA | GENERAL FUND | $50,000 |
| ISTROUMA BAPTIST CHURCH BATON ROUGE, LA | GENERAL FUND | $20,000 |
| SAMARITAN'S PURSE BOONE, NC | GENERAL FUND | $35,000 |
| SEND RELIEF ALPHARETTA, GA | GENERAL FUND | $69,500 |
| CARING TO LOVE MINISTRY BATON ROUGE, LA | GENERAL FUND | $10,000 |
| TEXAS BAPTIST CHILDREN'S HOME ROUND ROCK, TX | GENERAL FUND | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS H LEE | PRESIDENT/DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lee Foundation?
Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BATON ROUGE, LA. It holds $5.1M in total assets as of 2024.
How large is Lee Foundation?
As of 2024, Lee Foundation holds $5.1M in total assets with $421K in annual revenue. It awarded 8 grants totaling $245K in 2024.
Where does Lee Foundation operate?
Lee Foundation has awarded grants in California, Florida, Georgia, Louisiana, North Carolina, Texas, Utah, Virginia.
What size grants does Lee Foundation award?
In 2024, Lee Foundation awarded 8 grants totaling $245K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Lee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lee Foundation reported a distributable amount of $237K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lee Foundation's EIN?
Lee Foundation's EIN (Employer Identification Number) is 72-1452245. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lee Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Team Lamada
BATON ROUGE, LA
Assets
—
Grants
0
Total Given
—
The Feather Fund NOLA
MANDEVILLE, LA
Assets
$3K
Grants
0
Total Given
—
Orleans Parish Prison Reform Coalition
NEW ORLEANS, LA
Assets
$156K
Grants
1
Total Given
$20K
Ballengee Family Foundation Trust
SHREVEPORT, LA
Assets
—
Grants
4
Total Given
$7K
Foundation for Louisiana
NEW ORLEANS, LA
Assets
$16.8M
Grants
99
Total Given
$2.1M
The Fellowship of Orthopaedic
METAIRIE, LA
Assets
$903K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lee Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Lee Foundation to a real strategy.