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Lee-Gu Family Foundation is a private trust based in CITY INDUSTRY, CA. The foundation received its IRS ruling in 2020. The principal officer is % Edward Lee. It holds total assets of $2.9M. Annual income is reported at $1. OUR MISSION IS TO PROVIDE A BETTER FUTURE FOR EVERYONE VIA BETTER OPPORTUNITIES THROUGH OUR FAMILY FOUNDATION. OUR GRANTS PROVIDE FUNDING FOR NONPROFIT RESEARCH INSTITUTIONS ON DIETARY SUPPLEMENTS, MEDICINES AND TECHNOLOGY; LOCAL CHRISTIAN CHURCHES TO ORGANIZE MISSION TRIPS; HUMANITARIAN ASSISTANCE WHEN DISASTER OR TRAUMA HAPPENS. According to available records, Lee-Gu Family Foundation has made 5 grants totaling $2.7M, with a median grant of $189K. Annual giving has decreased from $2.5M in 2022 to $189K in 2023. Individual grants have ranged from $149K to $1.1M, with an average award of $531K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
OUR MISSION IS TO PROVIDE A BETTER FUTURE FOR EVERYONE VIA BETTER OPPORTUNITIES THROUGH OUR FAMILY FOUNDATION. OUR GRANTS PROVIDE FUNDING FOR NONPROFIT RESEARCH INSTITUTIONS ON DIETARY SUPPLEMENTS, MEDICINES AND TECHNOLOGY; LOCAL CHRISTIAN CHURCHES TO ORGANIZE MISSION TRIPS; HUMANITARIAN ASSISTANCE WHEN DISASTER OR TRAUMA HAPPENS.
Expenses: $1M
OUR MISSION IS TO PROVIDE A BETTER FUTURE FOR EVERYONE VIA BETTER OPPORTUNITIES THROUGH OUR FAMILY FOUNDATION. OUR GRANTS PROVIDE FUNDING FOR NONPROFIT RESEARCH INSTITUTIONS ON DIETARY SUPPLEMENTS, MEDICINES AND TECHNOLOGY; LOCAL CHRISTIAN CHURCHES TO ORGANIZE MISSION TRIPS; HUMANITARIAN ASSISTANCE WHEN DISASTER OR TRAUMA HAPPENS. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Lee-Gu Family Foundation has distributed a total of $2.7M across 5 grants. The median grant size is $189K, with an average of $531K. Individual grants have ranged from $149K to $1.1M.
Lee-Gu Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lee-Gu Family Foundation is headquartered in CITY INDUSTRY, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward Lee | TRUSTEE | $0 | $0 | $0 |
| Jennifer Gu | TRUSTEE | $0 | $0 | $0 |
Total Giving
$189K
Total Assets
$10.5M
Fair Market Value
$10.5M
Net Worth
$10.5M
Grants Paid
$189K
Contributions
$5.8M
Net Investment Income
$0
Distribution Amount
$495K
Total Grants
5
Total Giving
$2.7M
Average Grant
$531K
Median Grant
$189K
Unique Recipients
2
Most Common Grant
$149K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Asian Pacific Community FundSUPPORT OTHER CHARITY | Los Angeles, CA | $189K | 2023 |
| First Evangelical Church Of DiamondSUPPORT OTHER CHARITY | Walnut, CA | $149K | 2022 |
N PALM BEACH, FL
SANDY, UT
HUNTINGTN BCH, CA
SUNNYVALE, CA
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