Lee-GU Family Foundation
Lee-GU Family Foundation is a private foundation, based in City of Industry, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets.
Key facts about Lee-GU Family Foundation
- EIN
- 30-6654273
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $2,942,916
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-71.9% YoY
Revenue
—
Expenses
—
Under IRS private-foundation payout rules, Lee-GU Family Foundation reported a distributable amount of $331K for 2024 — the minimum it must pay out in qualifying distributions.
How Lee-GU Family Foundation gives
- Giving grew 32% from 2020 to 2023. Method
- In 2023 it paid out 38% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $144K (2020) to $1.2M (2022). In 2023 it made 1 grant totaling $189K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 6 (67%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,942,916 | $10,482,111 | $9,602,496 |
| Revenue | — | $5,820,000 | $6,735,000 |
| Expenses | — | $189,150 | $1,233,050 |
| Qualifying Distributions | — | $189,150 | $1,233,050 |
| Distributable Amount | $330,591 | $494,583 | $776,459 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Lee-GU Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward Lee
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Jennifer Gu
Trustee
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-GU Family Foundation
How large is Lee-GU Family Foundation?
Lee-GU Family Foundation reported $2.9M in total assets on its 2024 IRS Form 990-PF.
Where does Lee-GU Family Foundation operate?
Lee-GU Family Foundation has awarded grants in California.
How much is Lee-GU Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lee-GU Family Foundation reported a distributable amount of $331K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lee-GU Family Foundation's EIN?
Lee-GU Family Foundation's EIN (Employer Identification Number) is 30-6654273. 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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