Ying Cai and Wann S Lee

WALNUT, CA EIN: 81-4551982

Ying Cai and Wann S Lee is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALNUT, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 27 grants totaling $179K. Net investment income was $91K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

+11.7% YoY

Annual Giving

$179K

-0.5% YoY

Grant Count

27

+0.0% YoY

Avg Grant Size

$7K

-0.5% YoY

Under IRS private-foundation payout rules, Ying Cai and Wann S Lee reported a distributable amount of $209K for 2024 — the minimum it must pay out in qualifying distributions.

About Ying Cai and Wann S Lee

Based on IRS filings

Ying Cai and Wann S Lee is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALNUT, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 27 grants totaling $179K. Net investment income was $91K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

ArlingtonBurbankDenverFederal WayHonoluluKinwoodLa VerneLong BeachLos AngelesMacombMerrifieldMesaMonroviaMontereyNappaneeNew YorkPasadenaPomonaPortlandReston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$135K$202K$270K20202021202220232024
Metric202420232022
Total Assets$4,376,346$3,917,078$3,465,820
Revenue$81,135$48,036$14,905
Expenses$215,894$216,537$245,401
Qualifying Distributions$186,104$185,486$213,538
Net Investment Income$90,580$54,803$47,309
Distributable Amount$208,870$182,473$188,613

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$104K$156K$209K17 grants202021 grants202121 grants202227 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF ILLINOIS F…$40KTHE HUNTINGTON$36KLOS ANGELES PHILARMONIC$25KSOUTHERN CALIFORNIA PUBL…$20KMUSEIQUE$12KPUBLIC MEDIA GROUP OF SO…$12KSAN DIEGO KOREAN AMERICA…$5KASIAN AMERICAN ARTS ALLI…$4KWESTERN ILLINOIS UNIVERS…$3KAQUARIUM OF THE PACIFIC$3K

Grant Size Distribution

113 grants across all recorded years

113<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Illinois Foundation ($40,000), The Huntington ($36,000), Los Angeles Philarmonic ($25,000).

RecipientPurposeAmount
AMERICAN BIRD CONSERVATION NAPPANEE, INPUBLIC SUPPORT OF ORG. MISSION$1,000
AMNESTY INTERNATIONAL USA NEW YORK, NYPUBLIC SUPPORT OF ORG. MISSION$1,000
AQUARIUM OF THE PACIFIC LONG BEACH, CAPUBLIC SUPPORT OF ORG. MISSION$2,500
ASIAN AMERICAN ARTS ALLIANCE NEW YORK, NYPUBLIC SUPPORT OF ORG. MISSION$3,500
DOCTORS WITHOUT BORDERS USA MESA, AZPUBLIC SUPPORT OF ORG. MISSION$2,000
FORD THEATRE FOUNDATION LOS ANGELES, CAPUBLIC SUPPORT OF ORG. MISSION$90
LOS ANGELES PHILARMONIC LOS ANGELES, CAPUBLIC SUPPORT OF ORG. MISSION$25,000
MONTEREY BAY AQUARIUM FOUNDATION MONTEREY, CAPUBLIC SUPPORT OF ORG. MISSION$2,500
MUSEIQUE PASADENA, CAPUBLIC SUPPORT OF ORG. MISSION$12,000
NATIONAL PARK TRUST ROCKVILLE, MDPUBLIC SUPPORT OF ORG. MISSION$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
YING CAIPRESIDENT6
WANN S LEEDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ying Cai and Wann S Lee?

Ying Cai and Wann S Lee is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALNUT, CA. It holds $4.4M in total assets as of 2024.

How large is Ying Cai and Wann S Lee?

As of 2024, Ying Cai and Wann S Lee holds $4.4M in total assets with $81K in annual revenue. It awarded 27 grants totaling $179K in 2024.

Where does Ying Cai and Wann S Lee operate?

Ying Cai and Wann S Lee has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Hawaii, Illinois, Indiana, Maryland, New York, Oregon, Texas, Virginia, Washington.

What size grants does Ying Cai and Wann S Lee award?

In 2024, Ying Cai and Wann S Lee awarded 27 grants totaling $179K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Ying Cai and Wann S Lee required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ying Cai and Wann S Lee reported a distributable amount of $209K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ying Cai and Wann S Lee's EIN?

Ying Cai and Wann S Lee's EIN (Employer Identification Number) is 81-4551982. IRS Form 990 filing data is available on this page for 2020–2024.

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

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