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Lees College Inc. is a private association based in JACKSON, KY. The foundation received its IRS ruling in 1950. It holds total assets of $8.5M. Annual income is reported at $3.7M. The foundation is governed by 5 officers and trustees. Provide funds to hazard community technical college in order to fulfill scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Lees College Inc. has made 5 grants totaling $497K, with a median grant of $75K. Annual giving has grown from $144K in 2022 to $353K in 2023. Individual grants have ranged from $72K to $200K, with an average award of $99K. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Provide funds to hazard community technical college in order to fulfill scholarships.
Expenses: $72K
Provide funds to hazard community technical college in order to fulfill scholarships. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in KY.
Lees College Inc. has distributed a total of $497K across 5 grants. The median grant size is $75K, with an average of $99K. Individual grants have ranged from $72K to $200K.
Lees College Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lees College Inc. is headquartered in JACKSON, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judge Sara Walter Combs | TRUSTEE | $0 | $0 | N/A |
| Charles M Derrickson | Director | $0 | $0 | N/A |
| Mr J Hagan Codell | TRUSTEE | $0 | $0 | N/A |
| Mr Charles Herald | Chairman | $0 | $0 | N/A |
| Mr Harold Holbrook | SECRETARY | $0 | $0 | N/A |
Total Giving
$208K
Total Assets
$7.8M
Fair Market Value
$7.8M
Net Worth
$7.8M
Grants Paid
$72K
Contributions
$10K
Net Investment Income
$176K
Distribution Amount
$407K
Total: $6.9M
Total Grants
5
Total Giving
$497K
Average Grant
$99K
Median Grant
$75K
Unique Recipients
1
Most Common Grant
$72K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hazard Community And Technical CollFUNDING FOR GENERAL NEEDS OF HAZARD COMMUNITY AND TECHNICAL COLLEGE | Hazard, KY | $200K | 2023 |