Young & Janet Lee Foundation is a private foundation focused on Education, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 3 grants totaling $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
+58.9% YoY
Annual Giving
$12K
-24.0% YoY
Grant Count
3
-81.3% YoY
Avg Grant Size
$4K
+305.5% YoY
Under IRS private-foundation payout rules, Young & Janet Lee Foundation reported a distributable amount of $141 for 2024 — the minimum it must pay out in qualifying distributions.
About Young & Janet Lee Foundation
Based on IRS filings
Young & Janet Lee Foundation is a private foundation focused on Education, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 3 grants totaling $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,076 | $6,340 | $7,305 |
| Revenue | $17,000 | $15,000 | $10,000 |
| Expenses | $13,264 | $15,965 | $11,996 |
| Qualifying Distributions | $12,120 | $15,940 | $11,950 |
| Net Investment Income | — | — | — |
| Distributable Amount | $141 | $245 | $212 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The First Presbyterian Church of Orange County ($11,900), Sookmyung International Foundations ($200), The Servation Army ($20).
| Recipient | Purpose | Amount |
|---|---|---|
| THE FIRST PRESBYTERIAN CHURCH OF ORANGE COUNTY WESTMINSTER, CA | CONTRIBUTION | $11,900 |
| SOOKMYUNG INTERNATIONAL FOUNDATIONS HACIENDA HEIGHTS, CA | CONTRIBUTION | $200 |
| THE SERVATION ARMY ALEXANDRIA, VA | CONTRIBUTION | $20 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YOUNG M LEE | PRESIDENT | 2 | — |
| JANET S LEE | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Young & Janet Lee Foundation?
Young & Janet Lee Foundation is a private foundation focused on Education, based in NEWPORT BEACH, CA. It holds $10K in total assets as of 2024.
How large is Young & Janet Lee Foundation?
As of 2024, Young & Janet Lee Foundation holds $10K in total assets with $17K in annual revenue. It awarded 3 grants totaling $12K in 2024.
Where does Young & Janet Lee Foundation operate?
Young & Janet Lee Foundation has awarded grants in California, Illinois, Maryland, Missouri, Virginia.
What size grants does Young & Janet Lee Foundation award?
In 2024, Young & Janet Lee Foundation awarded 3 grants totaling $12K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Young & Janet Lee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Young & Janet Lee Foundation reported a distributable amount of $141 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Young & Janet Lee Foundation's EIN?
Young & Janet Lee Foundation's EIN (Employer Identification Number) is 46-4650593. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Young & Janet Lee Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.