Tom & Jenny Lee Foundation
- Assets
- $232.9k
- Revenue
- $665.0
- Investments
- $0.0
- Employees
- 0
- Location
- Diamond Bar, CA
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 54-2136745
Organization Overview
Tom & Jenny Lee Foundation is located in Diamond Bar, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Tom & Jenny 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 12/2022, Tom & Jenny Lee Foundation generated $665.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (42.4%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tom & Jenny Lee Foundation has awarded 30 individual grants totaling $146,900. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO TAIWAN CENTER TO SPONSOR TAIWANESE AMERICAN CULTURE HERITAGE ACTIVITIES
DONATION TO SEA SHINE TEMPLE TO PROMOTE BUDDHISM
DONATION TO CHEN WEN-CHEN MEMORIAL FOUNDATION TO SPONSOR HUMAN RIGHTS ACTIVITIES.
DONATION TO IBPS TO PROMOTE BUDDHISM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mu Tung Li Trustee | 0 | $0 | |
Jiin J Li Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $665 |
| Total Revenue | $665 |
| 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 | $0 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $13,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $232,674 |
| 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 | $200 |
| 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 | $232,874 |
| 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, Tom & Jenny Lee Foundation has awarded $13,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
IBPS PURPOSE: PROMOTE BUDDHISM | $2,500 |
BUDDHAS LIGHT INTL USA PURPOSE: PROMOTE BUDDHISM | $1,500 |
ALLISAN CULTURE FOUNDATION PURPOSE: PROMOTE UNDERSTANDING AMONG PEOPLE FROM DIFFERENT CULTURES | $3,000 |
FGS INT'L TRANSLATION CENTER PURPOSE: PROMOTE BUDDHISM | $1,000 |
IRVINE TAIWANESE PRESBYTERIAN CHURC PURPOSE: CHURCH CHARITY | $5,000 |