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Foundations / New Jersey

William K Lee MD Foundation Inc

Preselected recipients only Franklin Lakes, New Jersey · EIN 223507082

William K Lee MD Foundation Inc is a private foundation in Franklin Lakes, New Jersey. In tax year 2025 it gave $332,414 in 15 grants; the typical grant was $10,000 and the largest $143,584. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was up from $271,818 the year before.

36% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$286,2381$5.2 million
2024$271,81811$5.8 million
2025$332,41415$6.2 million

How to apply

William K Lee MD Foundation Inc 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.

IRS filings on ProPublica

What William K Lee MD Foundation Inc funds

Where it gives

Its grants went to recipients in 5 states, the most to New York.

StateGrantsAmount
New York6$273,114
New Jersey6$56,000
Connecticut1$2,000
Illinois1$1,000
California1$300

Grants paid in 2025

All 15 grants
RecipientPurposeAmount
United Board for Christian Higher E
New York, NY
General charitable purposes$143,584
Catholic Cemeteries of Brooklyn
Brooklyn, NY
General charitable purposes$51,600
Various
New York, NY
General charitable purposes$42,430
Korean Presbyterian Church of NJ
Palisades Park, NJ
General charitable purposes$23,000
Awca
Teaneck, NJ
General charitable purposes$20,000
Trustee of World Student Christian
New York, NY
General charitable purposes$20,000
Korean American Community Foundatio
New York, NY
General charitable pursposes$15,000
Drew University
Madison, NJ
General charitable purposes$10,000
Yale Divinity School
New Haven, CT
General charitable purposes$2,000
YMCA of the United States World Ser
Chicago, IL
General charitable purposes$1,000
Individual
NJ
General charitable purposes$1,000
Valley Hospital Foundation
Ridgewood, NJ
General charitable purposes$1,000
Islamic Center of Passaic County
Paterson, NJ
General charitable purposes$1,000
Blanton Peale Institute
New York, NY
General charitable purposes$500
Seoul High School Alumni Associatio
Fullerton, CA
General charitable purposes$300

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does William K Lee MD Foundation Inc accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does William K Lee MD Foundation Inc give?

$332,414 in tax year 2025, across 15 grants, with a typical grant of $10,000.

Who runs William K Lee MD Foundation Inc?

Its 2025 filing lists William K Lee (President), Hwain Lee (Vice President), John H Lee (Trustee) and Charles H Lee (Trustee) among 5 officers and trustees.

What does William K Lee MD Foundation Inc fund?

Based on its grants, mainly faith communities and education.

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