Paul & Irene Lee Foundation

Private foundation · Grantmaker Houston, TX EIN: 47-4421552

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

4states

Share of all 6 itemized 2022 grant dollars.

Cities

HoustonEncinitasManhattanRancho Santa FeLittletonNew BraunfelsWalnutGarden ValleySan Diego

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K7 grants202012 grants20216 grants2022

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

Horizon Christian Fellowship: $55KHorizon Christian Fellowship$55KWest Houston Chinese Church: $13KWest Houston Chinese Church$13KKansas State University Foundation: $10KKansas State UniversityFoundation$10KAmity Animal Conservation Assoc: $2KAmity Animal ConservationAssoc$2KHouse of Praise Evangelical Church: $2KHouse of Praise EvangelicalChurch$2KOmf International: $1KOmf International$1K

The largest 2022 recipient was Horizon Christian Fellowship ($55K). Together the top 6 received $83K.

Grant Size Distribution

25 grants across all recorded years

19<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 25 (76%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Horizon Christian Fellowship Rancho Santa Fe, CACharitable Donation$55,000
West Houston Chinese Church Houston, TXCharitable Donation$12,785
Kansas State University Foundation Manhattan, KSCharitable Donation$10,000
Amity Animal Conservation Assoc Charitable Donation$2,000
House of Praise Evangelical Church Encinitas, CACharitable Donation$2,000
Omf International Littleton, COCharitable Donation$1,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202020212022
Metric202220212020
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

  1. 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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