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Agreement Establishing Lee Family Foundation Trust is a private trust based in JAMESTOWN, RI. The foundation received its IRS ruling in 2022. The principal officer is Soon Yung Lee Ttee. It holds total assets of $4.7M. Annual income is reported at $3.8M. Total assets have grown from $106K in 2021 to $2.7M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Agreement Establishing Lee Family Foundation Trust has made 2 grants totaling $203K, with a median grant of $102K. Annual giving has grown from $3K in 2022 to $200K in 2023. Individual grants have ranged from $3K to $200K, with an average award of $102K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Agreement Establishing Lee Family Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MA.
Agreement Establishing Lee Family Foundation Trust has distributed a total of $203K across 2 grants. The median grant size is $102K, with an average of $102K. Individual grants have ranged from $3K to $200K.
Agreement Establishing Lee Family Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Agreement Establishing Lee Family Foundation Trust is headquartered in JAMESTOWN, RI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susanna I Lee | Trustee | $12K | $0 | $12K |
Total Giving
$235K
Total Assets
$2.7M
Fair Market Value
$3.1M
Net Worth
$2.7M
Grants Paid
$200K
Contributions
$1.9M
Net Investment Income
$34K
Distribution Amount
$95K
Total: $1.5M
Total Grants
2
Total Giving
$203K
Average Grant
$102K
Median Grant
$102K
Unique Recipients
2
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lee Family Foundation Scholar AwardRESEARCH | Boston, MA | $200K | 2023 |
| Madeline SerticRESEARCH | Boston, MA | $3K | 2022 |