Marvin & Annette Lee Foundation Inc

Private foundation · Grantmaker Greenville, NH EIN: 06-6034414

Marvin & Annette Lee Foundation Inc. is a private foundation based in Greenville, New Hampshire. Its 2024 filing reports grants to a range of charitable organizations, including universities, a church, environmental organizations, and a local firefighters’ foundation.

Key facts about Marvin & Annette Lee Foundation Inc

In short: Marvin & Annette Lee Foundation Inc gave $102K across 91 grants in 2024 (avg $1K), mostly in Massachusetts. 5% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
06-6034414
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$102,100
Grants made (2024)
91
Average grant
$1,122
Median grant
$400
New grantees (estimate)
5% first-time grantees (5 of 91, 2024)
Total assets
$1,897,433
Primary geography
Massachusetts (51% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+1.5% YoY

Annual Giving

$102K

+6.7% YoY

Grant Count

91

+3.4% YoY

Avg Grant Size

$1K

+3.2% YoY

Under IRS private-foundation payout rules, Marvin & Annette Lee Foundation Inc reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.

Is Marvin & Annette Lee Foundation Inc open to new grantees?

5%

first-time grantees, 2024

In 2024, 5 of 91 grantees (5%) were first-time recipients. First grants averaged $610; repeat grants $1K. How we count

Medians: $500 first-time, $400 repeat.

  • 93% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−14%). Method
  • In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants include support for the Lee Lecture at Harvard University, charitable activities at the Union of Concerned Scientists and New Covenant Bible Church, and a fund at the Texas A&M Foundation.

Among the organizations it supported in 2024, the Texas A&M Foundation says it raises and manages endowed gifts for Texas A&M University. The Sheriff’s Meadow Foundation describes its mission as conserving Martha’s Vineyard’s landscape and character. The New England Wildlife Center says it works on wildlife and environmental education, research, and treatment and rehabilitation. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2024, the foundation reported 91 grants totaling $102,100. Grant amounts ranged from $200 to $25,000, with a median of $400. Its largest grants included $25,000 to Harvard University to support the Lee Lecture and $20,000 to the Union of Concerned Scientists for charitable activities. Other notable grants were $8,250 to New Covenant Bible Church for charitable activities, $5,000 to the Texas A&M Foundation for the Dana T. Lee and David M. Lee Fund, and $5,000 to the University of Connecticut Foundation for charitable activities.

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Geographic Focus

Where this funder awards grants

The foundation is based in Greenville, New Hampshire. In 2024, 51% of grant dollars went to recipients in Massachusetts, 11% to New Hampshire, 9% to New York, 7% to Texas, and 5% to Washington, DC.

Grant Distribution by State

24states

Share of 2024 grant dollars across all 91 itemized grants.

Cities

New YorkWashingtonIthacaVineyard HavenCambridgeGreenvilleHagerstownMerrifieldAustinBostonChicagoCollege StationAlbert LeaChilmarkDallasAshlandAtlantaBinghamtonBooneBoys Town

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K95 grants2020 98 grants2021 89 grants2022 88 grants2023 91 grants2024

From 2020 to 2024, annual grant giving ranged from $96K (2023) to $119K (2021). In 2024 it made 91 grants totaling $102K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Harvard University: $25KHarvard University$25KUnion of Concerned Scientists: $20KUnion of Concerned Scientists$20KNew Covenant Bible Church: $8KNew Covenant Bible Church$8KTexas A&M Foundation: $5KTexas A&M Foundation$5KUniversity of Connecticut Foundation: $5KUniversity of ConnecticutFoundation$5KGreenville Firefighter's Foundation: $2KGreenville Firefighter'sFoundation$2KWoodshole Research Center: $2KWoodshole Research Center$2KCornell University Library Rare and: $1KCornell University LibraryRare and$1KEnvironmental Defense Fund: $1KEnvironmental Defense Fund$1KPlanned Parenthood: $1KPlanned Parenthood$1K

The largest 2024 recipient was Harvard University ($25K). Together the top 10 received $70K.

Grant Size Distribution

461 grants across all recorded years

461<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 461 grants of 461 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Harvard University Boston, MATo Support the Lee Lecture$25,000
Union of Concerned Scientists Cambridge, MATo Support Charitable Activities$20,000
New Covenant Bible Church Greenville, NHTo Support Charitable Activities$8,250
Texas A&M Foundation College Station, TXDana T. Lee and David M. Lee Fund$5,000
University of Connecticut Foundation Storrs, CTTo Support Charitable Activities$5,000
Greenville Firefighter's Foundation Greenville, NHTo Support Charitable Activities$2,000
Woodshole Research Center Falmouth, MATo Support Charitable Activities$2,000
Cornell University Library Rare and Ithaca, NYTo Support Charitable Activities$1,000
Environmental Defense Fund Hagerstown, MDTo Support Charitable Activities$1,000
Planned Parenthood Ithaca, NYTo Support Charitable Activities$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $1,897,433 $177,962 $152,299 $102,100 91
2023 $1,869,737 $81,976 $140,643 $95,700 88
2022 $1,918,140 $99,466 $147,936 $100,750 89
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,897,433$1,869,737$1,918,140
Revenue$177,962$81,976$99,466
Expenses$152,299$140,643$147,936
Qualifying Distributions$104,950$97,650$102,850
Net Investment Income$131,181$39,233$54,884
Distributable Amount$111,847$106,761$112,229

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

Leadership team and compensation from IRS filings

The 2024 filing lists David M. Lee as president, Eric B. Lee as vice president, and James Lee as treasurer.

Marvin & Annette Lee Foundation Inc is led by David M. Lee, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David M. Lee

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Eric B. Lee

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • James Lee

    Treasurer

    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.

Contact

Mailing address: 32 Mill St Ste 4, Greenville, NH 03048-3103
Phone: (617) 350-7550

Frequently asked questions about Marvin & Annette Lee Foundation Inc

How much does Marvin & Annette Lee Foundation Inc give each year?

Marvin & Annette Lee Foundation Inc gave $102K across 91 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $96K across 88 grants.

What is Marvin & Annette Lee Foundation Inc's typical grant size?

Marvin & Annette Lee Foundation Inc's median grant in 2024 was $400, and its average grant was $1,122, across 91 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Marvin & Annette Lee Foundation Inc that year got $610 on average.

Where does Marvin & Annette Lee Foundation Inc give grants?

Marvin & Annette Lee Foundation Inc gives mostly in Massachusetts: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Hampshire (11%) and New York (9%). The most frequent recipient cities were Washington, DC (12 grants), New York, NY (10 grants), Ithaca, NY (9 grants) and Boston, MA (4 grants).

Does Marvin & Annette Lee Foundation Inc give general operating support?

Not in 2024: none of the 91 grants with a stated purpose on Marvin & Annette Lee Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Charitable Activities" (88 grants).

Who are Marvin & Annette Lee Foundation Inc's largest grantees?

Marvin & Annette Lee Foundation Inc's largest 2024 grantees include Harvard University ($25,000), Union of Concerned Scientists ($20,000) and New Covenant Bible Church ($8,250), according to its 2024 IRS Form 990-PF. Together they received 52% of its itemized 2024 grant dollars.

How large is Marvin & Annette Lee Foundation Inc?

Marvin & Annette Lee Foundation Inc reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $112K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Marvin & Annette Lee Foundation Inc fund?

No mission statement for the foundation is provided. Its grants include support for the Lee Lecture at Harvard University, charitable activities at the Union of Concerned Scientists and New Covenant Bible Church, and a fund at the Texas A&M Foundation. See mission & focus areas ↑

How do I apply for a grant from Marvin & Annette Lee Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Marvin & Annette Lee Foundation Inc's EIN?

Marvin & Annette Lee Foundation Inc's EIN (Employer Identification Number) is 06-6034414. IRS Form 990 filing data is available on this page for 2020–2024.

Does Marvin & Annette Lee Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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