Arthur H Lee Charitable Tr is located in Las Vegas, NV. The organization was established in 1980. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Arthur H Lee Charitable Tr 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 04/2024, Arthur H Lee Charitable Tr generated $72.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $72.5k during the year ending 04/2024. While expenses have increased by 0.6% per year over the past 5 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, Arthur H Lee Charitable Tr has awarded 35 individual grants totaling $270,500. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $34,112 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $38,383 | 
| Capital Gain Net Income | $38,383 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $65 | 
| Total Revenue | $72,560 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,918 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $871 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $8 | 
| Total operating and administrative expenses | $19,538 | 
| Contributions, gifts, grants paid | $53,000 | 
| Total expenses and disbursements | $72,538 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $34,784 | 
| 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 | $772,772 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $1,023,723 | 
| 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 | 
Over the last fiscal year, Arthur H Lee Charitable Tr has awarded $53,000 in support to 7 organizations.
| Grant Recipient | Amount | 
|---|---|
PROJECT HOPE PURPOSE: GENERAL OPERATING  | $2,650 | 
GIRL SCOUTS OF N CENTRAL AL PURPOSE: GENERAL OPERATING  | $2,650 | 
GREATER ALA COUNCIL NO 1 INC PURPOSE: GENERAL OPERATING  | $2,650 | 
THE SALVATION ARMY A GEORGIA CORP PURPOSE: GENERAL OPERATING  | $2,650 | 
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATING  | $37,100 | 
YMCA OF CALHOUN COUNTY PURPOSE: GENERAL OPERATING  | $2,650 |