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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. Total assets have decreased from $533K in 2019 to $2K in 2024. The foundation is governed by 1 officer or trustee. Leased waterfront properties to provide respite to pastors and missionaries and their families involved in church ministry. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. The foundation primarily funds organizations in Michigan and West Virginia. 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.
Smallest Grant
$8K
Median Grant
$18K
Average Grant
$111K
Largest Grant
$400K
Based on 4 grants from the most recent 990-PF filing.
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 | N/A |
Total Giving
N/A
Total Assets
$2K
Fair Market Value
N/A
Net Worth
$2K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |