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William D Lee Memorial Foundation is a private corporation based in PETOSKEY, MI. The foundation received its IRS ruling in 2018. The principal officer is % Jospeh Lee. It holds total assets of $2K. Annual income is reported at $69K. Leased waterfront properties to provide respite to pastors and missionaries and their families involved in church ministry. According to available records, William D Lee Memorial Foundation has made 7 grants totaling $680K, with a median grant of $37K. Annual giving has decreased from $443K in 2021 to $37K in 2023. Individual grants have ranged from $8K to $400K, with an average award of $97K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Michigan and West Virginia. Contributions to this foundation are tax-deductible.
Leased a waterfront property to provide respite to folks involved in church ministry and their families
Expenses: $305K
Missions support
Expenses: $10K
Leased waterfront properties to provide respite to pastors and missionaries and their families involved in church ministry. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MI, WV.
William D Lee Memorial Foundation has distributed a total of $680K across 7 grants. The median grant size is $37K, with an average of $97K. Individual grants have ranged from $8K to $400K.
William D Lee Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
William D Lee Memorial Foundation is headquartered in PETOSKEY, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Lee | President and Director | $0 | $0 | $0 |
Total Giving
$37K
Total Assets
$995
Fair Market Value
$995
Net Worth
$995
Grants Paid
$37K
Contributions
$30K
Net Investment Income
$0
Distribution Amount
$225
Total Grants
7
Total Giving
$680K
Average Grant
$97K
Median Grant
$37K
Unique Recipients
4
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Joseph LeeProvide respite accomodations to ministry workers | Petoskey, MI | $37K | 2023 |
| Genesis ChurchMissions | Petoskey, MI | $25K | 2021 |
| New Community ChurchPastoral Sabatical | Buckhannon, WV | $10K | 2021 |
| Petoskey Public SchoolsGirls basketball program | Petoskey, MI | $8K | 2021 |
SANDY, UT
SPRINGFIELD, NJ
ARCADIA, CA
HOUSTON, TX
CITY INDUSTRY, CA
| 2018 | 990PF | View |
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