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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 N/A. Total assets have decreased from $4M in 2019 to $2.9M in 2024. The foundation is governed by 2 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. 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 | N/A |
| Jennifer Gu | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.9M
Fair Market Value
N/A
Net Worth
$2.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA