Paul & Irene Lee Foundation
Paul & Irene Lee Foundation is a private foundation, 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.
Key facts about Paul & Irene Lee Foundation
In short: Paul & Irene Lee Foundation gave $83K across 6 grants in 2022 (avg $14K), mostly in California. Source: 2022 IRS Form 990-PF.
- EIN
- 47-4421552
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $82,985
- Grants made (2022)
- 6
- Average grant
- $13,831
- Median grant
- $6,000
- Primary geography
- California (69% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
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.
How Paul & Irene Lee Foundation gives
- In 2022 it paid out well above 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 6 itemized 2022 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $83K (2022) to $268K (2020). In 2022 it made 6 grants totaling $83K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2022
The largest 2022 recipient was Horizon Christian Fellowship ($55K). Together the top 6 received $83K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 19 grants of 25 (76%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Horizon Christian Fellowship Rancho Santa Fe, CA | Charitable Donation | $55,000 |
| West Houston Chinese Church Houston, TX | Charitable Donation | $12,785 |
| Kansas State University Foundation Manhattan, KS | Charitable Donation | $10,000 |
| Amity Animal Conservation Assoc | Charitable Donation | $2,000 |
| House of Praise Evangelical Church Encinitas, CA | Charitable Donation | $2,000 |
| Omf International Littleton, CO | Charitable Donation | $1,200 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Officers and directors from IRS filings
Paul & Irene Lee Foundation is led by Paul M. Lee, President on every filing since 2020; none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
Paul M. Lee
President
On filings since 2020
1 hr/week
No compensation reported
Anna Lee
Director
On filings since 2020
No compensation reported
Irene Lee
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Paul & Irene Lee Foundation
How much does Paul & Irene Lee Foundation give each year?
Paul & Irene Lee Foundation gave $83K across 6 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $218K across 12 grants.
What is Paul & Irene Lee Foundation's typical grant size?
Paul & Irene Lee Foundation's median grant in 2022 was $6,000, and its average grant was $13,831, across 6 grants on its 2022 IRS Form 990-PF.
Where does Paul & Irene Lee Foundation give grants?
Paul & Irene Lee Foundation gives mostly in California: 69% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The next largest states were Texas (15%) and Kansas (12%).
Does Paul & Irene Lee Foundation give general operating support?
Not in 2022: none of the 6 grants with a stated purpose on Paul & Irene Lee Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (6 grants).
Who are Paul & Irene Lee Foundation's largest grantees?
Paul & Irene Lee Foundation's largest 2022 grantees include Horizon Christian Fellowship ($55,000), West Houston Chinese Church ($12,785) and Kansas State University Foundation ($10,000), according to its 2022 IRS Form 990-PF. Together they received 94% of its itemized 2022 grant dollars.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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