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Lee & Lee Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2022. The principal officer is Sang Y. It holds total assets of $29K. Annual income is reported at $100K. Total assets have grown from $8K in 2022 to $13K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. Grantmaking is concentrated in California. According to available records, Lee & Lee Foundation has made 46 grants totaling $260K, with a median grant of $5K. Annual giving has decreased from $168K in 2022 to $92K in 2023. Individual grants have ranged from $3K to $14K, with an average award of $6K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in California, Texas, Florida, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$10K
Based on 15 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lee & Lee Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in CA, TX, FL.
Lee & Lee Foundation has distributed a total of $260K across 46 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $14K.
Lee & Lee Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lee & Lee Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sang Y Lee | CEO | $0 | $0 | N/A |
| Chun Y Lee | CFO / SECRETARY | $0 | $0 | N/A |
Total Giving
$95K
Total Assets
$13K
Fair Market Value
$13K
Net Worth
$13K
Grants Paid
$92K
Contributions
$100K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
46
Total Giving
$260K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
27
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornerstone Ministries InternationalMissionary Support | Anaheim, CA | $14K | 2023 |
| Koreatown Senior & Community CenterCommunity Support | Los Angeles, CA | $10K | 2023 |
| Paul ShimScholarship | Glendale, CA | $5K | 2023 |
| Timothy ChongScholarship | Carrollton, TX | $5K | 2023 |
| Shalom Disabillity MinistriesMissionary Support | Los Angeles, CA | $5K | 2023 |
| Candice E ChoScholarship | Los Angeles, CA | $5K | 2023 |
| Ji Sun HanScholarship | Englewood, NJ | $5K | 2023 |
| Katelyn Yuna YangScholarship | Allen, TX | $5K | 2023 |
| Lauren KimScholarship | Torrance, CA | $5K | 2023 |
| La Meta ChurchMissionary Support | Kos Angeles, CA | $5K | 2023 |
| Micah Healing MinistryMissionary Support | Los Angeles, CA | $5K | 2023 |
| Korean Gospel Broadcasting CompanyMissionary Support | Anaheim, CA | $5K | 2023 |
| El-Bethel Church In UsaMissionary Support | Tampa, FL | $5K | 2023 |
| Allison Ahran HongScholarship | Poter Ranch, CA | $5K | 2023 |
| Brian OhScholarship | Los Angeles, CA | $5K | 2023 |
| Preston ShinScholarship | Fullerton, CA | $3K | 2023 |
| Grace BaikScholarship | Victorville, CA | $5K | 2022 |
| Hana ChooScholarship | Los Angeles, CA | $5K | 2022 |
| Paulette ChoiScholarship | Los Angeles, CA | $5K | 2022 |
| Ryan ChoScholarship | La Crescenta, CA | $5K | 2022 |
| Ryan Hanbe RheeScholarship | Chino Hills, CA | $5K | 2022 |
| Scott LeeScholarship | Los Angeles, CA | $5K | 2022 |
| Kaylynn KimScholarship | Arcadia, CA | $5K | 2022 |
| Amy ParkScholarship | Beverly Hills, CA | $5K | 2022 |
| Christopher LeeScholarship | Allen, TX | $5K | 2022 |
| Daniel ChangScholarship | Stevenson Ranch, CA | $5K | 2022 |
| Emily Sangyi OhScholarship | Brea, CA | $5K | 2022 |