Lee Park Foundation

BOULDER, CO EIN: 93-3478509

Lee Park Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOULDER, CO. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 7 grants totaling $53K. Net investment income was $76K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

+7.9% YoY

Annual Giving

$53K

+962.0% YoY

Grant Count

+600.0% YoY

Avg Grant Size

$8K

+51.7% YoY

Under IRS private-foundation payout rules, Lee Park Foundation reported a distributable amount of $169K for 2024 — the minimum it must pay out in qualifying distributions.

About Lee Park Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $22K (38%)

New Jersey $21K (36%)

Colorado $15K (26%)

Virginia $250 (0%)

States

Colorado New Jersey New York Virginia

Cities

ArlingtonBronxBrooklynDenverLawrencevilleNew YorkTenafly

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$3,578,134	$3,317,453
Revenue	$197,774	$3,219,059
Expenses	$209,044	$25,529
Qualifying Distributions	$133,255	$6,672
Net Investment Income	$76,373	$19,059
Distributable Amount	$169,076	$45,335

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Korean School of Nj ($20,000), Denver Scholarship Foundation ($15,000), Korean American Community Foundatio ($15,000).

Recipient	Purpose	Amount
DENVER SCHOLARSHIP FOUNDATION DENVER, CO	SCHOLARSHIP	$15,000
KACF NEW YORK, NY	COMMUNITY SERVICE PROGRAM	$150
KOREAN AMERICAN COMMUNITY FOUNDATIO NEW YORK, NY	COMMUNITY SERVICE PROGRAM	$15,000
THE BROOKLYN HOSPITAL FOUNDATION BROOKLYN, NY	HOSPITAL MEDICAL SERVICE	$1,700
THE KOREAN SCHOOL OF NJ TENAFLY, NJ	EDUCATION PROGRAM	$20,000
THE LAWERNCEVILLE SCHOOL LAWRENCEVILLE, NJ	SCHOLARSHIP	$1,000
TROUT UNLIMITED INC ARLINGTON, VA	COMMUNITY SERVICE PROGRAM	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GAEUN KIM	PRESIDENT	40	$60,000
JAI-YOO LEE	SECRETARY	25	$30,000
HAGEN LEE	TREASURER	—	—
SOYEON PARK	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lee Park Foundation?

Lee Park Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOULDER, CO. It holds $3.6M in total assets as of 2024.

How large is Lee Park Foundation?

As of 2024, Lee Park Foundation holds $3.6M in total assets with $198K in annual revenue. It awarded 7 grants totaling $53K in 2024.

Where does Lee Park Foundation operate?

Lee Park Foundation has awarded grants in Colorado, New Jersey, New York, Virginia.

What size grants does Lee Park Foundation award?

In 2024, Lee Park Foundation awarded 7 grants totaling $53K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Lee Park Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lee Park Foundation reported a distributable amount of $169K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.