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 2025. As of 2025, the organization holds $555K in total assets. In 2025, it awarded 17 grants totaling $34K. Net investment income was $30K.
Key facts about M Ruth Lee Scholarship Fund
In short: M Ruth Lee Scholarship Fund gave $34K across 17 grants in 2025 (avg $2K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 04-2773935
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $34,000
- Grants made (2025)
- 17
- Average grant
- $2,000
- Median grant
- $2,000
- Total assets
- $555,064
- Primary geography
- Massachusetts (76% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$555K
-1.4% YoY
Annual Giving
$34K
+0.0% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$2K
+0.0% YoY
Under IRS private-foundation payout rules, M Ruth Lee Scholarship Fund reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.
How M Ruth Lee Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 102% 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
Share of all 17 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ANDREA ARGUETA Lowell, MA | SCHOLARSHIP | $2,000 |
| EMILY JEFFREY Worcester, MA | SCHOLARSHIP | $2,000 |
| DARRINASE HUNTER Boston, MA | SCHOLARSHIP | $2,000 |
| XAVIER CORA Manchester, NH | SCHOLARSHIP | $2,000 |
| REID RICHARD Worcester, MA | SCHOLARSHIP | $2,000 |
| ROCCO PENNING Gardner, MA | SCHOLARSHIP | $2,000 |
| AEYAN TORRICO Putney, VT | SCHOLARSHIP | $2,000 |
| FELICIA ADDO Weston, MA | SCHOLARSHIP | $2,000 |
| AMERICAN INTERNATIONAL Springfield, MA | SCHOLARSHIP | $2,000 |
| GRACE BESSETTE Lowell, MA | SCHOLARSHIP | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $555,064 | $563,161 | $583,234 |
| Revenue | $37,229 | $23,495 | $24,537 |
| Expenses | $45,326 | $43,568 | $47,512 |
| Qualifying Distributions | $36,500 | $34,000 | $38,300 |
| Net Investment Income | $29,603 | $18,377 | $17,610 |
| Distributable Amount | $35,672 | $32,629 | $31,994 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 7, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 27, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
M Ruth Lee Scholarship Fund's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
Cary Leblanc
Trustee
On filings since 2021
$2K (2021) → $1K (2025)
Rebecca W. Killion
Trustee
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about M Ruth Lee Scholarship Fund
How much does M Ruth Lee Scholarship Fund give each year?
M Ruth Lee Scholarship Fund gave $34K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 17 grants.
What is M Ruth Lee Scholarship Fund's typical grant size?
M Ruth Lee Scholarship Fund's median grant in 2025 was $2,000, and its average grant was $2,000, across 17 grants on its 2025 IRS Form 990-PF.
Where does M Ruth Lee Scholarship Fund give grants?
M Ruth Lee Scholarship Fund gives mostly in Massachusetts: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Hampshire (12%) and Vermont (6%). The most frequent recipient cities were Worcester, MA (3 grants), Boston, MA (3 grants) and Lowell, MA (2 grants).
Does M Ruth Lee Scholarship Fund give general operating support?
Not in 2025: none of the 17 grants with a stated purpose on M Ruth Lee Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (17 grants).
Who are M Ruth Lee Scholarship Fund's largest grantees?
M Ruth Lee Scholarship Fund's largest 2025 grantees include Andrea Argueta ($2,000), Emily Jeffrey ($2,000) and Darrinase Hunter ($2,000), according to its 2025 IRS Form 990-PF. Together they received 18% of its itemized 2025 grant dollars.
How large is M Ruth Lee Scholarship Fund?
M Ruth Lee Scholarship Fund reported $555K in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets).
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 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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