Jim And Linda Lee Family Foundation
- Assets
- $1.1m
- Revenue
- $30.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-4102313
Organization Overview
Jim And Linda Lee Family Foundation is located in Saint Paul, MN. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jim And Linda 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, Jim And Linda Lee Family Foundation generated $30.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $68.7k during the year ending 12/2021. While expenses have increased by 34.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jim And Linda Lee Family Foundation has awarded 26 individual grants totaling $112,000. 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 |
|---|---|---|---|
Kathleen Lee Vice President | 10 | $0 | |
Linda J Lee Vice President | 10 | $0 | |
Michael A Lee Vice President | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,989 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,352 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,678 |
| Contributions, gifts, grants paid | $58,000 |
| Total expenses and disbursements | $68,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,104,947 |
| 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, Jim And Linda Lee Family Foundation has awarded $58,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Roseville, MN PURPOSE: TO HELP FUND CHURCH COMMUNITY SERVICE ACTIVITIES | $10,000 |
RISE EARLY LEARNING CENTER PURPOSE: TO SUPPORT THE ARTS, HUMANITIES, SOCIAL JUSTICE ISSUES | $10,000 |
New Prague, MN PURPOSE: PROVIDE FUNDS FOR THEATRICAL PERFORMANCES | $10,000 |
Elk River, MN PURPOSE: EMPOWERING HOMELESS YOUTH TO BECOME SELF SUFFICIENT | $10,000 |
Roseville, MN PURPOSE: TO SUPPORT THE ARTS, HUMANITIES, SOCIAL JUSTICE ISSUES | $7,000 |
ST PAUL CONSERVATORY OF MUSIC PURPOSE: A COMMUNITY BASED SCHOOL OF MUSIC | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Hugh J Andersen Foundation Bayport, MN | $156,260,583 | $11,255,430 |
Hall-Perrine Foundation Cedar Rapids, IA | $140,581,654 | $14,980,430 |
Dohmen Company Foundation Inc Milwaukee, WI | $0 | $9,439,356 |
Xcel Energy Foundation Minneapolis, MN | $11,307,736 | $67,424 |
Patrick & Aimee Butler Family Foundation St Paul, MN | $109,951,624 | $8,639,825 |
Mead Witter Foundation Inc Wisconsin Rapids, WI | $51,357,757 | $5,357,467 |
Comer Science And Education Foundation Waukesha, WI | $78,906,538 | $1,965,731 |