Form 990 for tax year 2022
Filed by LEE FOUNDATION FOR CIVIC LEADERSHIP INC.
Totals
- Total revenue
- $6,228,273
- Total expenses
- $11,163,499
- Contributions and grants received
- $6,228,273
- Grants paid
- $9,517,566
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $11,041,848
- Management and general expenses
- $102,471
- Fundraising expenses
- $19,180
- Program service expenses (Part III)
- $11,041,848
Program services were 98.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
EMMA BLOOMBERG
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL PARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEVE MANDEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ARTHUR ROCK
DIRECTOR (THRU JULY 2022)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL BUMAN
EXECUTIVE DIRECTOR
- Total calculated
- $424,025
- From this org
- $0
- From related orgs
- $383,677
- Other
- $40,348
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $383,677 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $12,158 related
- Nontaxable benefits
- $0 + $28,190 related
- Filer's total
- $0 + $424,025 related
-
CHRISTINE GREEN
SECRETARY/TREASURER
- Total calculated
- $237,834
- From this org
- $0
- From related orgs
- $199,675
- Other
- $38,159
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $199,675 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $10,038 related
- Nontaxable benefits
- $0 + $28,121 related
- Filer's total
- $0 + $237,834 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- LEE FOUNDATION SHARES EMPLOYEES AND OTHER RESOURCES WITH LEADERSHIP FOR EDUCATIONAL EQUITY. THE TWO ORGANIZATIONS OPERATE UNDER A RESOURCE SHARING AGREEMENT THAT SETS FORTH HOW RESOURCES ARE SHARED AND PAID FOR. ONE SUCH RESOURCE IS THE TOP MANAGEMENT OFFICIAL OF LEADERSHIP FOR EDUCATIONAL EQUITY, WHO PERFORMS SOME WORK ON LEE FOUNDATION'S BEHALF. THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, THE EXECUTIVE DIRECTOR, IS DETERMINED BY THE ORGANIZATION'S INDEPENDENT MEMBERS OF ITS BOARD OF DIRECTORS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
LEADERSHIP FOR EDUCATIONAL EQUITY
$9,517,566
FOSTER AND FACILITATE INCREASED CIVIC ENGAGMENT, COMMUNITY PARTICIPATION, AND VOLUNTEERISM OF LEADERSHIP FOR EDUCATIONAL EQUITY MEMBERS, FOCUSING ON THE FIELDS OF EDUCATION AND PUBLIC POLICY.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
LEADERSHIP FOR EDUCATIONAL EQUITY
501(C)(4) · ACHIEVE EDUCATIONAL EQUITY IN COMMUNITIES THROUGHOUT THE COUNTRY · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349314588
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