The Lee Family Foundation

Foundation · Grantmaker MILLWOOD, GA EIN: 59-7162329

The Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLWOOD, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $84K in total assets. In 2024, it awarded 4 grants totaling $4K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$84K

+7.7% YoY

Annual Giving

$4K

+0.0% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$1K

-25.0% YoY

Under IRS private-foundation payout rules, The Lee Family Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About The Lee Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $12K (53%)

Georgia $10K (47%)

States

Florida Georgia

Cities

DouglasGainesvilleJacksonvilleWaycross

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$84,189	$78,135	$75,468
Revenue	$9,781	$5,219	$4,156
Expenses	$4,750	$4,542	$5,046
Qualifying Distributions	$4,000	$4,000	$4,500
Net Investment Income	$5,849	$2,727	$3,013
Distributable Amount	$3,916	$3,745	$3,977

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Baptist Health Systems Foundation ($2,000), University of Florida Foundation ($1,000), University of North Florida ($500).

Recipient	Purpose	Amount
BAPTIST HEALTH SYSTEMS FOUNDATION JACKSONVILLE, FL	COMMUNITY HEALTHCARE	$2,000
UNIVERSITY OF FLORIDA FOUNDATION GAINESVILLE, FL	EDUCATION AND RESEARCH	$1,000
UNIVERSITY OF NORTH FLORIDA JACKSONVILLE, FL	EDUCATION AND RESEARCH	$500
HOSPICE SATILLA WAYCROSS, GA	COMMUNITY HEALTHCARE	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FRED LEE	TRUSTEE	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Lee Family Foundation?

The Lee Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLWOOD, GA. It holds $84K in total assets as of 2024.

How large is The Lee Family Foundation?

As of 2024, The Lee Family Foundation holds $84K in total assets with $10K in annual revenue. It awarded 4 grants totaling $4K in 2024.

Where does The Lee Family Foundation operate?

The Lee Family Foundation has awarded grants in Florida, Georgia.

What size grants does The Lee Family Foundation award?

In 2024, The Lee Family Foundation awarded 4 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Lee Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lee Family Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.