William E & Mary C Lee Trust Garen William Lee Memorial Fund

Private foundation · Grantmaker Smith Center, KS EIN: 34-2027326

William E & Mary C Lee Trust Garen William Lee Memorial Fund is a private foundation, based in Smith Center, KS. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $104K in total assets. In 2025, it awarded 1 grant totaling $7K. Net investment income was $4K.

Key facts about William E & Mary C Lee Trust Garen William Lee Memorial Fund

In short: William E & Mary C Lee Trust Garen William Lee Memorial Fund gave $7K across 1 grant in 2025 (avg $7K), mostly in Kansas. Source: 2025 IRS Form 990-PF.

EIN
34-2027326
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$6,725
Grants made (2025)
1
Average grant
$6,725
Median grant
$6,725
Total assets
$103,605
Primary geography
Kansas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$104K

-2.7% YoY

Annual Giving

$7K

+6.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$7K

+6.2% YoY

Under IRS private-foundation payout rules, William E & Mary C Lee Trust Garen William Lee Memorial Fund reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.

How William E & Mary C Lee Trust Garen William Lee Memorial Fund gives

  • Giving held roughly steady from 2022 to 2025 (−8%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Smith Center

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $6K (2023) to $7K (2022). In 2025 it made 1 grant totaling $7K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

United Methodist Church: $7KUnited Methodist Church$7K

The largest 2025 recipient was United Methodist Church ($7K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United Methodist Church Smith Center, KSReligious$6,725

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$103,605$106,495$108,508
Revenue$5,835$6,066$4,517
Expenses$8,728$8,079$7,781
Qualifying Distributions$7,316$6,863$6,781
Net Investment Income$4,491$4,907$4,102
Distributable Amount$7,574$7,255$6,820

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 2, 2020)
  2. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

William E & Mary C Lee Trust Garen William Lee Memorial Fund's only listed officer is The Peoples Bank, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • The Peoples Bank

    Trustee

    On filings since 2019

    1 hr/week

    $1K (2019) → $1K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

The Peoples Bank — Trustee: $1KThe Peoples BankTrustee$1K

The highest reported compensation on the 2025 filing was $1K, to The Peoples Bank (Trustee).

Frequently asked questions about William E & Mary C Lee Trust Garen William Lee Memorial Fund

How much does William E & Mary C Lee Trust Garen William Lee Memorial Fund give each year?

William E & Mary C Lee Trust Garen William Lee Memorial Fund gave $7K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 1 grant.

How large is William E & Mary C Lee Trust Garen William Lee Memorial Fund?

William E & Mary C Lee Trust Garen William Lee Memorial Fund reported $104K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does William E & Mary C Lee Trust Garen William Lee Memorial Fund operate?

William E & Mary C Lee Trust Garen William Lee Memorial Fund has awarded grants in Kansas.

What is William E & Mary C Lee Trust Garen William Lee Memorial Fund's EIN?

William E & Mary C Lee Trust Garen William Lee Memorial Fund's EIN (Employer Identification Number) is 34-2027326. IRS Form 990 filing data is available on this page for 2019–2025.

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

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