William D Lee Memorial Foundation

Foundation · Grantmaker Petoskey, MI EIN: 83-2366985

William D Lee Memorial Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Petoskey, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 1 grant totaling $68K.

Key facts about William D Lee Memorial Foundation

In short: William D Lee Memorial Foundation gave $68K across 1 grant in 2024 (avg $68K), mostly in Michigan. Source: 2024 IRS Form 990 filing.

EIN
83-2366985
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$68,000
Grants made (2024)
1
Average grant
$68,000
Median grant
$68,000
Total assets
$1,895
Primary geography
Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$2K

+90.5% YoY

Annual Giving

$68K

+83.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$68K

+83.8% YoY

How William D Lee Memorial Foundation gives

  • Giving fell 85% from 2021 to 2024. Method
  • In 2023 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

2states

Share of all 1 itemized 2024 grant dollars.

Cities

PetoskeyBuckhannon

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K2 grants20204 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Joseph Lee: $68KJoseph Lee$68K

Grant Size Distribution

9 grants across all recorded years

5<$50K1$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Joseph Lee Petoskey, MIProvide respite accomodations to ministry workers$68,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
Total Assets$1,895$995$7,995
Revenue$68,900$30,000$20,971
Expenses$68,000$37,000$100,233
Qualifying Distributions—$37,000—
Net Investment Income———
Distributable Amount—$225$1,576

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

Officers and directors from IRS filings

William D Lee Memorial Foundation is led by Joseph Lee, President & Director on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Joseph Lee

    President & Director

    On filings since 2020

    3 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.

Frequently asked questions about William D Lee Memorial Foundation

How much does William D Lee Memorial Foundation give each year?

William D Lee Memorial Foundation gave $68K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $37K across 1 grant.

How large is William D Lee Memorial Foundation?

William D Lee Memorial Foundation reported $2K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $69K.

What is William D Lee Memorial Foundation?

William D Lee Memorial Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Petoskey, MI. It holds $2K in total assets as of 2024.

Where does William D Lee Memorial Foundation operate?

William D Lee Memorial Foundation has awarded grants in Michigan, West Virginia.

What is William D Lee Memorial Foundation's EIN?

William D Lee Memorial Foundation's EIN (Employer Identification Number) is 83-2366985. IRS Form 990 filing data is available on this page for 2020–2024.

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

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