Andrew & Barbara Lee Family Foundation
- Assets
- $1.9m
- Revenue
- $45.2k
- Investments
- $1.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 87-2995962
Organization Overview
Andrew & Barbara Lee Family Foundation is located in Wilmington, DE. 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. Andrew & Barbara 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 12/2023, Andrew & Barbara Lee Family Foundation generated $45.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (71.7%) each year. All expenses for the organization totaled $66.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew D Lee Dir, Pres | 1 | $0 | |
Barbara A Lee Dir, Sec, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,800 |
| Dividends & Interest | $47,423 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,976 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,713 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,513 |
| Total operating and administrative expenses | $26,324 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $66,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $85,279 |
| 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 | $1,922,320 |
| 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, Andrew & Barbara Lee Family Foundation has awarded $40,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PURPOSE: TURKEY AND SYRIA EARTHQUAKE RELIEF FUND | $1,000 |
JEWISH FEDERATION OF CINCINNATI PURPOSE: WOMEN'S DIVISION | $500 |
KAVOD PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
LEO BAECK TEMPLE PURPOSE: GENERAL & UNRESTRICTED | $18,000 |
LEO BAECK TEMPLE PURPOSE: 14 BLOCKS AT MEMORIAL GARDEN | $14,000 |
MUJERES UNIDAS Y ACTIVAS PURPOSE: FIESTA 2023 FUND | $500 |