Nonprofit · EIN 88-3052875
FONG & LEE FOUNDATION INC
Tax-exempt · BONITA SPGS, FL 34134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $112,014 | $46,089 | $65,925 | $153,628 | – | $153,628 |
| December 31, 2024 | 990-EZ | $77,508 | $31,153 | $46,355 | $87,703 | – | $87,703 |
| December 31, 2023 | 990-EZ | $52,368 | $31,600 | $20,768 | $41,348 | – | $41,348 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $97,064
- Investment income
- $14,950
Expenses
- Grants and similar amounts paid
- $42,700
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $700
- Printing, publications and postage
- $25
- Other expenses
- $2,664
- Program services (functional)
- $45,302
Balance sheet and other
- Total assets, start of year
- $87,703
- Total assets, end of year
- $153,628
- Total liabilities, end of year
- –
- Net assets, end of year
- $153,628
- Cash, savings and investments
- $153,628
- Gross receipts
- $112,014
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dean K Fong | President, Dir | 2 | $0 |
| Linda J Lee | Director | 2 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dean K Fong | President, Dir | 20 | $0 |
| Linda J Lee | Director | 10 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dean K Fong | President, Dir | 4 | $0 |
| Linda J Lee | Director | 2 | $0 |
| Yvette Weir | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4731 BONITA BAY BLVD UNIT 302, BONITA SPGS, FL 34134-6711
- Signed the 990-EZ
- Dean K Fong, President, Dir
- Phone
- (917) 992-6776
- Return prepared by
- Floyd Green Jr CPA PC
Mission
Our mission is to provide outreach to minority students through activities including, but not limited to, providing financial and educational support to community-based organizations and cultural programs that support minority students.
Program accomplishments
- Our accomplishments for 2025 included:- Fong & Lee Foundation Inc. contributed $10,000 to 4 female students as research stipends engaging in STEM research areas to be administered by the Brooklyn Tech Alumni Foundation. - Fong & Lee Foundation Inc. contributed $10,000 to be used by the Chinese American Planning Council to support Project Gateway, by providing financial support to young women of Asian-American descent who are the first in their families to attend college and are committed to pursuing their educational goals in the areas of science, technology, engineering, mathematics, medicine/health, law and business. - The Fong & Lee Foundation contributed $10,000 to the Chinatown Health Clinic Foundation to provide financial support to Project Reach, more specifically to two women of Asian-American descent who are the first in their families to attend college and are committed to pursuing their educational goals in medicine/health. - The Fong & Lee Foundation contributed $15,000 to the Chinatown Health Clinic Foundation for the 2025 Gala Dinner. For IRS compliance, The Fong & Lee Foundations contribution of $15,000 to the Chinatown Health Clinic Foundation is lessened by $2,300 as goods and services were exchanged and received by Fong & Lee Foundation.Expenses $45,302 · grants $42,700
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-3052875
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $153,628
- Income (IRS master file)
- $112,014
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $112,014 | $46,089 | $153,628 | XML |
| 990-EZ | December 2024 | $77,508 | $31,153 | $87,703 | XML |
| 990-EZ | December 2023 | $52,368 | $31,600 | $41,348 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-3052875).
Questions about FONG & LEE FOUNDATION INC
- What is the EIN of FONG & LEE FOUNDATION INC?
- The employer identification number (EIN) of FONG & LEE FOUNDATION INC is 88-3052875.
- Is FONG & LEE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FONG & LEE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FONG & LEE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FONG & LEE 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 FONG & LEE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FONG & LEE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does FONG & LEE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $112,014, expenses of $46,089 and total assets of $153,628 at year end.
Other nonprofits in BONITA SPGS
- LIBERTY YOUTH RANCH INC EIN 38-3674666 · last filed 990 for 2024
- PROJECT PINBALL CHARITY GROUP INC EIN 46-3417202 · last filed 990 for 2024
- HOME OF HOPE INTERNATIONAL INC EIN 20-0966471 · last filed 990 for 2025
- LIFE RELAUNCH EIN 81-4317042 · last filed 990 for 2025
- KOPHOS MISSION INC EIN 99-4235530 · last filed 990 for 2025
- BONITA SENIOR CENTER INC EIN 84-4799485 · last filed 990 for 2024
- SENSORY SAFE SOLUTION EIN 93-1643086 · last filed 990-EZ for 2025
- WORTHINGTON COUNTRY CLUB CHARITABLE FOUNDATION INC EIN 92-1213080 · last filed 990-EZ for 2025