M Ruth Lee Scholarship Fund
M Ruth Lee Scholarship Fund is a private foundation, based in PRINCETON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $563K in total assets. In 2024, it awarded 17 grants totaling $34K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$563K
-3.4% YoY
Annual Giving
$34K
-5.6% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$2K
-5.6% YoY
Under IRS private-foundation payout rules, M Ruth Lee Scholarship Fund reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
About M Ruth Lee Scholarship Fund
Based on IRS filings
M Ruth Lee Scholarship Fund is a private foundation, based in PRINCETON, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $563K in total assets. In 2024, it awarded 17 grants totaling $34K. Net investment income was $18K.
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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 | $563,161 | $583,234 | $606,209 |
| Revenue | $23,495 | $24,537 | $53,272 |
| Expenses | $43,568 | $47,512 | $43,056 |
| Qualifying Distributions | $34,000 | $38,300 | $38,300 |
| Net Investment Income | $18,377 | $17,610 | $49,693 |
| Distributable Amount | $32,629 | $31,994 | $39,229 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cassidy Gordell ($2,000), Fabiola Gomez-lopez ($2,000), Tatyana Wolfe ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CASSIDY GORDELL GARDNER, MA | SCHOLARSHIP | $2,000 |
| FABIOLA GOMEZ-LOPEZ FITCHBURG, MA | SCHOLARSHIP | $2,000 |
| TATYANA WOLFE WESTFIELD, MA | SCHOLARSHIP | $2,000 |
| BIANCA HELOISE PINLEIRO GARDNER, MA | SCHOLARSHIP | $2,000 |
| ZOEY YANG FITCHBURG, MA | SCHOLARSHIP | $2,000 |
| JACOB PASKELL WORCESTER, MA | SCHOLARSHIP | $2,000 |
| BELLA MELENDEZ FRANKLIN, MA | SCHOLARSHIP | $2,000 |
| LUCAS MIRANDA FITCHBURG, MA | SCHOLARSHIP | $2,000 |
| CAIO SANTOS JOSEF BOSTON, MA | SCHOLARSHIP | $2,000 |
| ISABELLE ARSENAULT FITCHBURG, MA | SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARY LEBLANC | TRUSTEE | — | $1,950 |
| REBECCA W KILLION | TRUSTEE | — | — |
Frequently Asked Questions
How large is M Ruth Lee Scholarship Fund?
As of 2024, M Ruth Lee Scholarship Fund holds $563K in total assets with $23K in annual revenue. It awarded 17 grants totaling $34K in 2024.
Where does M Ruth Lee Scholarship Fund operate?
M Ruth Lee Scholarship Fund has awarded grants in Massachusetts, Maine, New York, Pennsylvania, Rhode Island.
What size grants does M Ruth Lee Scholarship Fund award?
In 2024, M Ruth Lee Scholarship Fund awarded 17 grants totaling $34K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is M Ruth Lee Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, M Ruth Lee Scholarship Fund reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is M Ruth Lee Scholarship Fund's EIN?
M Ruth Lee Scholarship Fund's EIN (Employer Identification Number) is 04-2773935. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in M Ruth Lee Scholarship Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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