Lee Foundation
Lee Foundation is a private foundation, 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.
Lee Foundation at a glance
In short: Lee Foundation gave $245K across 8 grants in 2024 (avg $31K), top state Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $244,500
- +6.3% vs 2023
- Grants made (2024)
- 8
- +0.0% vs 2023
- Average grant
- $30,563
- +6.3% vs 2023
- Median grant
- $25,000
- Total assets
- $5,100,486
- +5.9% vs 2023
- Primary geography
- Georgia (28% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Lee Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Send Relief ($70K). Together the top 8 received $245K.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 36 grants of 42 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Lee Foundation gives
- Giving grew 48% from 2021 to 2024. Method
- In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $140K (2020) to $245K (2024). In 2024 it made 8 grants totaling $245K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Send Relief Alpharetta, GA | General Fund | $69,500 |
| Heart Cry Ministry Society Radford, VA | General Fund | $50,000 |
| Samaritan's Purse Boone, NC | General Fund | $35,000 |
| Grace to You Ministry Panoramo City, CA | General Fund | $30,000 |
| Allied Mission Church Round Rock, TX | General Fund | $20,000 |
| Istrouma Baptist Church Baton Rouge, LA | General Fund | $20,000 |
| Caring to Love Ministry Baton Rouge, LA | General Fund | $10,000 |
| Texas Baptist Children's Home Round Rock, TX | General Fund | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,100,486 | $420,768 | $264,621 | $244,500 | 8 | $244,500 | $256,994 | $237,342 |
| 2023 | $4,815,575 | $-195,272 | $237,766 | $230,000 | 8 | $230,000 | $31,337 | $213,863 |
| 2022 | $3,479,476 | $160,906 | $220,985 | $205,500 | 9 | $205,500 | $128,098 | $179,832 |
| 2021 | $3,967,039 | $486,703 | $189,219 | $165,500 | 10 | $165,500 | $356,703 | $178,485 |
| 2020 | $3,773,503 | $167,454 | $160,531 | $140,000 | 7 | — | $20,497 | $161,577 |
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.
Leadership & Key People
Officers and directors from IRS filings
Lee Foundation is led by Thomas H. Lee, President & Director on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Thomas H. Lee
President & Director
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Lee Foundation
How much does Lee Foundation give each year?
Lee Foundation gave $245K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $230K across 8 grants.
What is Lee Foundation's typical grant size?
Lee Foundation's median grant in 2024 was $25,000, and its average grant was $30,563, across 8 grants on its 2024 IRS Form 990-PF.
Where does Lee Foundation give grants?
Lee Foundation's top state is Georgia, with 28% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Virginia (20%) and North Carolina (14%). The most frequent recipient cities were Round Rock, TX (2 grants) and Baton Rouge, LA (2 grants).
Does Lee Foundation give general operating support?
Yes: 100% of Lee Foundation's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Lee Foundation's largest grantees?
Lee Foundation's largest 2024 grantees include Send Relief ($69,500), Heart Cry Ministry Society ($50,000) and Samaritan's Purse ($35,000), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.
How large is Lee Foundation?
Lee Foundation reported $5.1M in total assets on its 2024 IRS Form 990-PF. It paid out $245K in qualifying distributions that year, against a required minimum of $237K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Lee Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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