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Lee Charities Inc. is a private corporation based in FOLEY, AL. The foundation received its IRS ruling in 2023. The principal officer is David Lee. It holds total assets of $114K. Annual income is reported at $241K. Total assets have grown from $6K in 2023 to $14K in 2024. The foundation is governed by 3 officers and trustees. To raise funds to donate to philanthropic causes and to make distributions to organizations that qualify as exempt organizations under 501(c)(3) of the internal revenue code. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. According to available records, Lee Charities Inc. has made 1 grants totaling $95K, with a median grant of $95K. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
To raise funds to donate to philanthropic causes and to make distributions to organizations that qualify as exempt organizations under 501(c)(3) of the internal revenue code
Expenses: $144K
To raise funds to donate to philanthropic causes and to make distributions to organizations that qualify as exempt organizations under 501(c)(3) of the internal revenue code. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in AL.
Lee Charities Inc. has distributed a total of $95K across 1 grants. The median grant size is $95K, with an average of $95K. Individual grants have ranged from $95K to $95K.
Lee Charities Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lee Charities Inc. is headquartered in FOLEY, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mitchell E Lee | VICE PRESIDE | $0 | $0 | N/A |
| Ellen S Lee | SECRETARY | $0 | $0 | N/A |
| David T Lee | PRESIDENT | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2024 | 990PF | View |
| 2024 | 990PF | — |
Total Giving
N/A
Total Assets
$14K
Fair Market Value
N/A
Net Worth
$13K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$95K
Average Grant
$95K
Median Grant
$95K
Unique Recipients
1
Most Common Grant
$95K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Sea Glass Initiative IncGENERAL PURPOSES | Orange Beach, AL | $95K | 2024 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL