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William K Lee M D Foundation Inc. is a private corporation based in FRANKLIN LKS, NJ. The foundation received its IRS ruling in 1998. The principal officer is Witman Stadtmauer & Michaels Pa. It holds total assets of $5.8M. Annual income is reported at $562K. Total assets have grown from $1.7M in 2011 to $5.2M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including New Jersey, New York, Illinois. According to available records, William K Lee M D Foundation Inc. has made 20 grants totaling $583K, with a median grant of $2K. The foundation has distributed between $286K and $297K annually from 2022 to 2023. Individual grants have ranged from N/A to $286K, with an average award of $29K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Connecticut, which account for 90% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$11K
Average Grant
$20K
Largest Grant
$60K
Based on 8 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.
William K Lee M D Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, NJ, CT.
William K Lee M D Foundation Inc. has distributed a total of $583K across 20 grants. The median grant size is $2K, with an average of $29K. Individual grants have ranged from N/A to $286K.
William K Lee M D Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
William K Lee M D Foundation Inc. is headquartered in FRANKLIN LKS, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie Lee Kim | Trustee | $0 | $0 | N/A |
| John H Lee | Trustee | $0 | $0 | N/A |
| William K Lee | President | $0 | $0 | N/A |
| Charles H Lee | Trustee | $0 | $0 | N/A |
| Hwain Lee | Vice President | $0 | $0 | N/A |
Total Giving
$301K
Total Assets
$5.2M
Fair Market Value
$5.2M
Net Worth
$5.2M
Grants Paid
$286K
Contributions
N/A
Net Investment Income
$286K
Distribution Amount
$241K
Total Grants
20
Total Giving
$583K
Average Grant
$29K
Median Grant
$2K
Unique Recipients
19
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Blanton Peale InstituteGENERAL CHARITABLE PURPOSES | New York, NY | $286K | 2023 |
| Valley Hospital FoundationGENERAL CHARITABLE PURPOSES | Ridgewood, NJ | $120K | 2022 |
| United Board For Christian Higher EGENERAL CHARITABLE PURPOSES | New York, NY | $102K | 2022 |
| Korean Presbyterian Church Of NjGENERAL CHARITABLE PURPOSES | Palisades Park, NJ | $21K | 2022 |
| Korean American Community FoundatioGENERAL CHARITABLE PURSPOSES | New York, NY | $15K | 2022 |
| AwcaGENERAL CHARITABLE PURPOSES | Teaneck, NJ | $12K | 2022 |
| Crystal KimGENERAL CHARITABLE PURPOSES | Manhasset, NY | $10K | 2022 |
| Ewha Womens University Alumni AssocGENERAL CHARITABLE PURPOSES | New York, NY | $3K | 2022 |
| Princeton Theological SeminaryGENERAL CHARITABLE PURPOSES | Princeton, NJ | $2K | 2022 |
| Islamic Center Of Passaic CountyGENERAL CHARITABLE PURPOSES | Paterson, NJ | $2K | 2022 |
| Ymca Of Greater NyGENERAL CHARITABLE PURPOSES | New York, NY | $2K | 2022 |
| University Alumni Assoc Of NyuGENERAL CHARITABLE PURPOSES | New York, NY | $1K | 2022 |
| Cathedral At The Gathering PlaceGENERAL CHARITABLE PURPOSES | Rochester, NY | $1K | 2022 |
| Trustee Of World Student ChristianGENERAL CHARITABLE PURPOSES | New York, NY | $1K | 2022 |
| Ymca Of The United States World SerGENERAL CHARITABLE PURPOSES | Chicago, IL | $1K | 2022 |
| Good Shepherd Methodist ChurchGENERAL CHARITABLE PURPOSES | Bergenfield, NJ | $1K | 2022 |
| Yale Divinity SchoolGENERAL CHARITABLE PURPOSES | New Haven, CT | $1K | 2022 |
| VariousGENERAL CHARITABLE PURPOSES | New York, NY | $500 | 2022 |
| Seoul High School Alumni AssociatioGENERAL CHARITABLE PURPOSES | Fullerton, CA | N/A | 2022 |