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Also known as: FOUNDATION C/O JAMES B FORD
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Arthur K & Sylvia S Lee Scholarship Foundation is a private trust based in FRANKLIN, TN. The foundation received its IRS ruling in 1965. The principal officer is Robert Sebastian. It holds total assets of $347K. Annual income is reported at $192K. Total assets have decreased from $1M in 2011 to $398K in 2023. The foundation is governed by 1 officer or trustee. The foundation made grants to be used for educational purposes to the recipients listed in the attached statement. Tax records are available from 2018 to 2023. According to available records, Arthur K & Sylvia S Lee Scholarship Foundation has made 7 grants totaling $406K, with a median grant of $59K. Annual giving has grown from $75K in 2020 to $143K in 2023. Individual grants have ranged from $2K to $82K, with an average award of $58K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
The foundation made grants to be used for educational purposes to the recipients listed in the attached statement.
The foundation made grants to be used for educational purposes to the recipients listed in the attached statement. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TN.
Arthur K & Sylvia S Lee Scholarship Foundation has distributed a total of $406K across 7 grants. The median grant size is $59K, with an average of $58K. Individual grants have ranged from $2K to $82K.
The application deadline is JUNE 30 DEADLINE FOR APPLICATIONS, JUNE 30 DEADLINE FOR TRANSCRIPT SUBMISSION. Priority given to children or dependents of employees.
Arthur K & Sylvia S Lee Scholarship Foundation is headquartered in FRANKLIN, TN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| See Attachment 1 | STATEMENT 6 | $14K | $0 | $14K |
Total Giving
$167K
Total Assets
$398K
Fair Market Value
$486K
Net Worth
$398K
Grants Paid
$143K
Contributions
$875
Net Investment Income
$6K
Distribution Amount
$27K
Total: $372K
Total Grants
7
Total Giving
$406K
Average Grant
$58K
Median Grant
$59K
Unique Recipients
3
Most Common Grant
$59K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation Of Middle TennesseeFOR THE CONTINUANCE OF SCHOLARSHIP GRANTING FOR QUALIFIED INDIVIDUALS | Nashville, TN | $82K | 2023 |
| See Attachment #3EDUCATIONAL SCHOLARSHIPS | Nashville, TN | $59K | 2023 |
| The University Of Tennessee SouthernMEMORIAL CONTRIBUTION IN MEMORY OF MACK LINEBAUGH JR | Pulaski, TN | $2K | 2023 |