Fmck Lee Foundation
- Assets
- $410.7k
- Revenue
- $10.1k
- Investments
- $197.1k
- Employees
- 0
- Location
- Monte Sereno, CA
- Founding
- 08/2013
- Data as of
- 06/2024
- EIN
- 46-1461715
Organization Overview
Fmck Lee Foundation is located in Monte Sereno, CA. The organization was established in 2013. 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. Fmck Lee 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 06/2024, Fmck Lee Foundation generated $10.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $58.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Fmck Lee Foundation has awarded 27 individual grants totaling $156,510. 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 |
|---|---|---|---|
Tsu-Wei Frank Lee President | 10 | $0 | |
Katherine Lee Secretary | 2 | $0 | |
Christopher Lee Chief Financial Officer | 2 | $0 | |
Moura Ct Lee Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,415 |
| Dividends & Interest | $8,707 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $63 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $2,348 |
| Contributions, gifts, grants paid | $56,010 |
| Total expenses and disbursements | $58,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $213,563 |
| 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 | $410,701 |
| 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, Fmck Lee Foundation has awarded $56,010 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CALTECH PURPOSE: TO SUPPORT CALTECH STUDENTS, FACULTY | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: TO SUPPORT EMERGENCY CARE TO PEOPLE CAUGHT IN CRISES | $20,000 |
CARE PURPOSE: TO SUPPORT FAMILIES IN CRISIS WITH FOOD, HEALTH SUPPLIES AND SHELTER | $20,010 |
PALESTINE CHILDREN'S RELIEF FUND PURPOSE: TO SUPPORT ACCESS TO FREE MEDICAL CARE AND HUMANITARIAN AID FOR ANY CHILD IN THE MIDDLE EAST. | $5,000 |
NEW HOPE CHINESE CANCER CARE FOUNDATION PURPOSE: TO SUPPORT CHINESE CANCER PATIENTS AND FAMILIES | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: TO SUPPORT WAYS TO END ALZHEIMER'S AND ALL OTHER DEMENTIA. | $1,000 |