Paul & Irene Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $83K. Net investment income was $7.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$83K
-61.9% YoY
Grant Count
6
-50.0% YoY
Avg Grant Size
$14K
-23.9% YoY
Under IRS private-foundation payout rules, Paul & Irene Lee Foundation reported a distributable amount of $1K for 2022 — the minimum it must pay out in qualifying distributions.
About Paul & Irene Lee Foundation
Based on IRS filings
Paul & Irene Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $83K. Net investment income was $7.
Focus Areas
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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 | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $84,683 | $307,642 |
| Revenue | $7 | $24 | $1,181 |
| Expenses | $84,690 | $222,871 | $270,454 |
| Qualifying Distributions | $82,985 | $218,000 | — |
| Net Investment Income | $7 | $24 | $305,469 |
| Distributable Amount | $1,268 | $11,149 | $19,084 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2022
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Horizon Christian Fellowship ($55,000), West Houston Chinese Church ($12,785), Kansas State University Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMITY ANIMAL CONSERVATION ASSOC | CHARITABLE DONATION | $2,000 |
| KANSAS STATE UNIVERSITY FOUNDATION MANHATTAN, KS | CHARITABLE DONATION | $10,000 |
| HORIZON CHRISTIAN FELLOWSHIP RANCHO SANTA FE, CA | CHARITABLE DONATION | $55,000 |
| WEST HOUSTON CHINESE CHURCH HOUSTON, TX | CHARITABLE DONATION | $12,785 |
| HOUSE OF PRAISE EVANGELICAL CHURCH ENCINITAS, CA | CHARITABLE DONATION | $2,000 |
| OMF INTERNATIONAL LITTLETON, CO | CHARITABLE DONATION | $1,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL M LEE | PRESIDENT | 1 | — |
| IRENE LEE | VICE PRESIDENT | — | — |
| ANNA LEE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Paul & Irene Lee Foundation?
Paul & Irene Lee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds — in total assets as of 2022.
Where does Paul & Irene Lee Foundation operate?
Paul & Irene Lee Foundation has awarded grants in California, Colorado, Kansas, Texas.
What size grants does Paul & Irene Lee Foundation award?
In 2022, Paul & Irene Lee Foundation awarded 6 grants totaling $83K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Paul & Irene Lee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Paul & Irene Lee Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Paul & Irene Lee Foundation's EIN?
Paul & Irene Lee Foundation's EIN (Employer Identification Number) is 47-4421552. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Paul & Irene Lee Foundation'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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