Funder DirectoryThe Ray M and Mary E Lee Foundation
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EIN 586049441

The Ray M and Mary E Lee Foundation

Marietta, GA 30060

Total Assets

$21.5M

FY 2023

Annual Giving

$837K

FY 2023

Grants Made

39

FY 2023

Avg Grant

$21K

FY 2023

Grant Range

$1K–$40K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$120K

Donation to Scholarship funds to Foundations of Colleges

Program 2

$40K

Donation for Capital Projects for Charitable

Program 3

$647K

Donation for General Operation Mission of Public Charities

Program 4

$50K

Early Childhood Education Financial Aid for Elderly Residents designation to Public Charity

Financial Snapshot

2023 filing

Total Revenue

$687K

Total Expenses

$964K

Qualifying Distributions

$895K

Distributable Amount

$960K

Min. Investment Return

$969K

Undistributed Income

$847K

Payout rate 93%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.93%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

39 grants

Grant sizes from minimum $1K through median $20K to maximum $40K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2019 to 2023. Peak $856K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

157 grants

Shepherd Center Foundation
$160K
4 grants
Atlanta Community Food Bank
$140K
4 grants
Woodruff Arts Center
$135K
4 grants
The Good Samaritan Health Center
$110K
3 grants
Crossroads Community Ministries
$110K
4 grants
Society of St Vincent de Paul Ga
$100K
4 grants
Georgia Public Broadcasting
$100K
4 grants
MUST Ministries
$100K
4 grants

Grant Size Distribution

157 grants

<$10K
33
grants
$10–50K
124
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

Georgia
$3.1M
97% of total
Kentucky
$65K
2% of total
District of Columbia
$7K
0% of total
New Jersey
$5K
0% of total
New York
$3K
0% of total

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The Ray M and Mary E Lee Foundation — Grants, Financials & Contact | Grantivo