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Nonprofit · EIN 22-3507082

WILLIAM K LEE M D FOUNDATION INC

Tax-exempt · FRANKLIN LKS, NJ 07417

Financials

$300K$301K2023$365K$283K2024$309K$345K2025
Revenue Expenses · by fiscal year end
Financials of WILLIAM K LEE M D FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$309,475$345,153-$35,678$6,161,775$1$6,161,774
December 31, 2024990-PF$364,764$283,347$81,417$5,784,994$0$5,784,994
December 31, 2023990-PF$300,471$300,625-$154$5,212,895$0$5,212,895
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$265,817
Interest
$2,453
Net gain from sales of assets
$41,205

Expenses

Grants and similar amounts paid
$332,414
Disbursements for charitable purposes
$332,414
Excise tax on investment income
$4,125

Balance sheet and other

Total assets, start of year
$5,784,994
Total assets, end of year
$6,161,775
Total liabilities, end of year
$1
Net assets, end of year
$6,161,774
Fair market value of assets
$6,161,775
Qualifying distributions
$332,414
Net investment income
$309,475

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM K LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
President0$0
HWAIN LEE
747 SHOSHONE TRAIL, FRANKLINE LAKES, NJ 07417
Vice President0$0
JOHN H LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
CHARLES H LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
JULIE LEE KIM
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
WILLIAM K LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
President0$0
HWAIN LEE
747 SHOSHONE TRAIL, FRANKLINE LAKES, NJ 07417
Vice President0$0
JOHN H LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
CHARLES H LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
JULIE LEE KIM
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WILLIAM K LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
President0$0
HWAIN LEE
747 SHOSHONE TRAIL, FRANKLINE LAKES, NJ 07417
Vice President0$0
JOHN H LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
CHARLES H LEE
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0
JULIE LEE KIM
747 SHOSHONE TRAIL, FRANKLIN LAKES, NJ 07417
Trustee0$0

Address and contacts

Address (IRS master file)
747 SHOSHONE TRL, FRANKLIN LKS, NJ 07417-2252
In care of
% WITMAN STADTMAUER & MICHAELS PA
Signed the 990-PF
WILLIAM K LEE, President
Phone
(201) 891-7077
Return prepared by
FMFS&B

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3507082
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,161,775
Income (IRS master file)
$326,296

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$309,475$345,153$6,161,775IRS
990-PFDecember 2024$364,764$283,347$5,784,994IRS
990-PFDecember 2023$300,471$300,625$5,212,895XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3507082).

Questions about WILLIAM K LEE M D FOUNDATION INC

What is the EIN of WILLIAM K LEE M D FOUNDATION INC?
The employer identification number (EIN) of WILLIAM K LEE M D FOUNDATION INC is 22-3507082.
Is WILLIAM K LEE M D FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to WILLIAM K LEE M D FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WILLIAM K LEE M D FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WILLIAM K LEE M D FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WILLIAM K LEE M D FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of WILLIAM K LEE M D FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does WILLIAM K LEE M D FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $309,475, expenses of $345,153 and total assets of $6,161,775 at year end.

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