Robert B Lee And Ruth K Lee Foundation
- Assets
- $635.9k
- Revenue
- $20.3k
- Investments
- $607.9k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 09/2001
- Data as of
- 12/2023
- EIN
- 56-6562309
Organization Overview
Robert B Lee And Ruth K Lee Foundation is located in Las Vegas, NV. The organization was established in 2001. 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. Robert B Lee And Ruth K 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 12/2023, Robert B Lee And Ruth K Lee Foundation generated $20.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert B Lee And Ruth K Lee Foundation has awarded 29 individual grants totaling $129,105. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,038 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$98 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $312 |
| Total Revenue | $20,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,743 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $227 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,729 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $43,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130 |
| Savings and temporary cash investments | $27,822 |
| 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 | $607,901 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $635,853 |
| 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, Robert B Lee And Ruth K Lee Foundation has awarded $30,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SERVANTS FOR SIGHT PURPOSE: GENERAL OPERATING | $5,000 |
YOUTHBASE INC PURPOSE: GENERAL OPERATING | $5,000 |
GREENVILLE TECH FOUNDATION INC PURPOSE: GENERAL OPERATING | $5,000 |
GREENVILLE CIVIC CHORALE ASSOCIATION PURPOSE: GENERAL OPERATING | $2,500 |
CAROLINA YOUTH SYMPHONY PURPOSE: GENERAL OPERATING | $5,000 |
A CHILDS HAVEN INC PURPOSE: GENERAL OPERATING | $7,500 |