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Helen Lee Foundation Inc. is a private corporation based in GRANBURY, TX. The foundation received its IRS ruling in 1993. The principal officer is % Va Vernon. It holds total assets of $628K. Annual income is reported at $235K. THE FOUNDATION EXISTS TO PRESERVE, CONSERVE, AND MAINTAIN CERTAIN UNDEVELOPED LAND NEAR GLADEWATER, TX IN ITS NATURAL CONDITION. THE LAND IS AVAILABLE TO THE PUBLIC FOR HIKING AND VIEWING YEAR ROUND AND IS USED BY VARIOUS GROUPS (BOY SCOUTS, TEXAS FOREST SERVICE, VARIOUS UNIVERSITY FORESTRY DEPARTMENTS, ETC.) FOR CAMPING AND BOTANICAL ENVIRONMENTAL STUDIES. According to available records, Helen Lee Foundation Inc. has made 4 grants totaling $3K, with a median grant of $750. Annual giving has decreased from $2K in 2023 to $1K in 2024. Individual grants have ranged from $500 to $1K, with an average award of $750. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
THE FOUNDATION EXISTS TO PRESERVE, CONSERVE, AND MAINTAIN CERTAIN UNDEVELOPED LAND NEAR GLADEWATER, TX IN ITS NATURAL CONDITION. THE LAND IS AVAILABLE TO THE PUBLIC FOR HIKING AND VIEWING YEAR ROUND AND IS USED BY VARIOUS GROUPS (BOY SCOUTS, TEXAS FOREST SERVICE, VARIOUS UNIVERSITY FORESTRY DEPARTMENTS, ETC.) FOR CAMPING AND BOTANICAL ENVIRONMENTAL STUDIES.
Expenses: $62K
THE FOUNDATION EXISTS TO PRESERVE, CONSERVE, AND MAINTAIN CERTAIN UNDEVELOPED LAND NEAR GLADEWATER, TX IN ITS NATURAL CONDITION. THE LAND IS AVAILABLE TO THE PUBLIC FOR HIKING AND VIEWING YEAR ROUND AND IS USED BY VARIOUS GROUPS (BOY SCOUTS, TEXAS FOREST SERVICE, VARIOUS UNIVERSITY FORESTRY DEPARTMENTS, ETC.) FOR CAMPING AND BOTANICAL ENVIRONMENTAL STUDIES. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX.
Helen Lee Foundation Inc. has distributed a total of $3K across 4 grants. The median grant size is $750, with an average of $750. Individual grants have ranged from $500 to $1K.
NONE STATED. AMOUNT AND FREQUENCY OF SCHOLARSHIPS AWARDED IS SUBJECT TO TRUSTEE RECOMMENDATION AND APPROVAL.
Helen Lee Foundation Inc. is headquartered in GRANBURY, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Virginia Wells | Secretary | $0 | $0 | $0 |
| Van Vernon | MANAGING DIR | $0 | $0 | $0 |
| Vicki Vernon | Director | $0 | $0 | $0 |
| Chad Slone | Director | $0 | $0 | $0 |
| Mike Starr | Director | $0 | $0 | $0 |
Total Giving
$139K
Total Assets
$565K
Fair Market Value
$1.9M
Net Worth
$534K
Grants Paid
$1K
Contributions
$45K
Net Investment Income
$42K
Distribution Amount
$0
Total: $14K
Total Grants
4
Total Giving
$3K
Average Grant
$750
Median Grant
$750
Unique Recipients
2
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Winona Volunteer Fire DepartmentVARIOUS SUPPORT | Winona, TX | $500 | 2024 |
| Abigail DuncanSCHOLARSHIP | Granbury, TX | $500 | 2024 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
HOUSTON, TX
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