Lee Foundation

Private foundation · Grantmaker Baton Rouge, LA EIN: 72-1452245

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.

Key facts about Lee Foundation

In short: Lee Foundation gave $245K across 8 grants in 2024 (avg $31K), top state Georgia. Source: 2024 IRS Form 990-PF.

EIN
72-1452245
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$244,500
Grants made (2024)
8
Average grant
$30,563
Median grant
$25,000
Total assets
$5,100,486
Primary geography
Georgia (28% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 8 itemized 2024 grant dollars.

Cities

Round RockBaton RougePanoramo CityRadfordBooneAlpharettaStanfordDallasSalt Lake City

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K7 grants202010 grants20219 grants20228 grants20238 grants2024

From 2020 to 2024, annual grant giving ranged from $140K (2020) to $245K (2024). In 2024 it made 8 grants totaling $245K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Send Relief: $70KSend Relief$70KHeart Cry Ministry Society: $50KHeart Cry Ministry Society$50KSamaritan's Purse: $35KSamaritan's Purse$35KGrace to You Ministry: $30KGrace to You Ministry$30KAllied Mission Church: $20KAllied Mission Church$20KIstrouma Baptist Church: $20KIstrouma Baptist Church$20KCaring to Love Ministry: $10KCaring to Love Ministry$10KTexas Baptist Children's Home: $10KTexas Baptist Children's Home$10K

The largest 2024 recipient was Send Relief ($70K). Together the top 8 received $245K.

Grant Size Distribution

42 grants across all recorded years

36<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 36 grants of 42 (86%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Send Relief Alpharetta, GAGeneral Fund$69,500
Heart Cry Ministry Society Radford, VAGeneral Fund$50,000
Samaritan's Purse Boone, NCGeneral Fund$35,000
Grace to You Ministry Panoramo City, CAGeneral Fund$30,000
Allied Mission Church Round Rock, TXGeneral Fund$20,000
Istrouma Baptist Church Baton Rouge, LAGeneral Fund$20,000
Caring to Love Ministry Baton Rouge, LAGeneral Fund$10,000
Texas Baptist Children's Home Round Rock, TXGeneral Fund$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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.

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