Lee Endowment Foundation
Preselected recipients only
Lee Endowment Foundation is a private foundation in Mason City, Iowa. In tax year 2025 it gave $5,322 in 10 grants; the typical grant was $83 and the largest $2,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$5,322
- Number of grants10
- Typical grant$83
- Largest grant$2,000
- Assets$58,840
- New grantees10%
Giving in 2025 was down from $8,433 the year before.
10% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $18,752 | 11 | $120,892 |
| 2024 | $8,433 | 11 | $207,848 |
| 2025 | $5,322 | 10 | $58,840 |
How to apply
Lee Endowment Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Lee Endowment Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 9 | $5,239 |
| Arizona | 1 | $83 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Yss of North Iowa | 24/7 programs' general needs | $2,000 |
| Niacc Foundation | Scholarships | $1,266 |
| Stebens Childrens Theatre | Lighting system upgrade | $1,231 |
| Mason City Parks & Rec de | Ray rorick park support | $413 |
| First Presbyterian Church | Operations | $83 |
| Simpson College | Operations | $83 |
| Winnebago Boy Scout Council | Operations | $83 |
| St Andrews Presbyterian Church | Operations | $83 |
| United Way of North Central Iowa | Operations | $40 |
| Christmas Cheer Fund | Operations | $40 |
Officers and trustees
- Ronald L Rickman
- Howard Kennedy
- CD Waterman Lane Waterman LLP
Questions people ask
Does Lee Endowment Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Lee Endowment Foundation give?
$5,322 in tax year 2025, across 10 grants, with a typical grant of $83.
Who runs Lee Endowment Foundation?
Its 2025 filing lists Ronald L Rickman (Sec/Treas/Di), Howard Kennedy (Pres/Directo) and CD Waterman Lane Waterman LLP (Asst Secreta).
What does Lee Endowment Foundation fund?
Based on its grants, mainly education, youth programs and faith communities.