Daniel And Karen Lee Family Foundation
- Assets
- $5.8m
- Revenue
- $1.1m
- Investments
- $5.6m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 36-4157608
Organization Overview
Daniel And Karen Lee Family Foundation is located in Scottsdale, AZ. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniel And Karen Lee Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Daniel And Karen Lee Family Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $597.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daniel And Karen Lee Family Foundation has awarded 137 individual grants totaling $2,010,021. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarna L Goldenberg Treasurer | 0 | $0 | |
Jessica L Guten Director | 0 | $0 | |
Karen K Lee Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $505,907 |
| Interest on Savings | $0 |
| Dividends & Interest | $161,982 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $436,337 |
| Capital Gain Net Income | $1,020,762 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,104,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,223 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,704 |
| Total operating and administrative expenses | $33,397 |
| Contributions, gifts, grants paid | $564,282 |
| Total expenses and disbursements | $597,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,227 |
| Savings and temporary cash investments | $100,145 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,648,834 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,795,206 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Daniel And Karen Lee Family Foundation has awarded $564,282 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWESTERN MEMORIAL FOUNDATION PURPOSE: SUPPORT GENERAL OPERATIONS | $500,000 |
JEWISH FEDERATION OF GREATER PHOENIX PURPOSE: SUPPORT GENERAL OPERATIONS | $11,000 |
JEWISH UNITED FUND PURPOSE: SUPPORT GENERAL OPERATIONS | $10,182 |
PROVIDENCE FARM PURPOSE: SUPPORT GENERAL OPERATIONS | $10,000 |
Lake Bluff, IL PURPOSE: SUPPORT GENERAL OPERATIONS | $10,000 |
New York, NY PURPOSE: SUPPORT GENERAL OPERATIONS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |