2025-11-14T16:46:03-06:00 2024-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2024-01-01 462093041 LEE FOUNDATION FOR CIVIC LEADERSHIP INC LEEF 2027343716 800 N KING ST STE 304-4171 WILMINGTON DE 19801 MICHAEL BUMAN PRESIDENT 2027343716 2025-11-14 1 1 ADAM KUCZYNSKI CPA P01560606 7035190990 2025-11-13 2024 2025-03-06 01:10:19Z X X MICHAEL BUMAN 800 N KING ST STE 304-4171 WILMINGTON DE 19801 19505751 0 X HTTPS://WEARELEE.ORG/LEE-FOUNDATION/ X 2013 DE SEE SCHEDULE O. 4 4 0 4 0 0 9499395 19505751 0 0 0 0 0 0 9499395 19505751 12390908 16129710 0 0 120049 120048 0 0 23404 1093736 915418 13604693 17165176 -4105298 2340575 4142017 6735326 451541 704275 3690476 6031051 THE FOUNDATION'S MISSION IS TO FOSTER AND FACILITATE INCREASED CIVIC LEADERSHIP. 0 0 17102587 16129710 0 THE FOUNDATION'S MISSION IS TO FOSTER AND FACILITATE INCREASED CIVIC LEADERSHIP. THE FOUNDATION ENTERED INTO A MULTI-YEAR GRANT AGREEMENT WITH LEE, INC. (FORMERLY LEADERSHIP FOR EDUCATIONAL EQUITY) IN WHICH THE FOUNDATION MAKES GRANTS TO LEE TO ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES THAT FURTHER THE FOUNDATION'S MISSION. 17102587 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 1 0 AK CA FL GA IL MA MD NJ NY TN X X SARAH MCLEAN 2027343716 800 N KING STREET SUITE 304 -4171 WILMINGTON DE 19801 EMMA BLOOMBERG CHAIR OF THE BOARD 1.00 1.00 X X 0 0 0 MICHAEL PARK DIRECTOR 1.00 X 0 0 0 STEVE MANDEL DIRECTOR 1.00 X 0 0 0 ARTHUR ROCK DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL BUMAN PRESIDENT 2.00 40.00 X 0 432697 35750 CHRISTINE GREEN SECRETARY/TREASURER 2.00 40.00 X 0 234181 48621 0 666878 84371 0 0 1 0 0 19505751 19505751 19505751 0 0 0 X 16129710 16129710 96048 63923 13592 18533 7200 4792 1019 1389 13212 8793 1869 2550 3588 2388 508 692 885 885 18677 18677 890700 889720 980 2420 2420 2736 2376 120 240 17165176 17102587 39185 23404 486943 697888 2409798 4332951 1245276 1704487 4142017 6735326 1549 1549 449992 702726 451541 704275 X 1278898 1698100 2411578 4332951 3690476 6031051 4142017 6735326 2340575 0 X 0 1 X 1 0 X 14907162 27777309 6228273 9499395 19505751 77917890 14907162 27777309 6228273 9499395 19505751 77917890 28957669 48960221 77917890 0.62840 0.76460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM LEE, INC. 1704487 1704487 DUE TO LEE, INC. 702726 702726 19505751 0 19505751 0 19505751 17165176 0 17165176 0 17165176 1 LEE INC 800 N KING ST SUITE 304-4181 WILMINGTON DE 19801 208848357 501(C)(4) 16129710 0 FOSTER AND FACILITATE INCREASED CIVIC LEADERSHIP 0 1 PART I, LINE 2: THE FOUNDATION'S MISSION IS TO FOSTER AND FACILITATE INCREASED CIVIC LEADERSHIP. THE FOUNDATION ENTERED INTO A MULTI-YEAR GRANT AGREEMENT WITH LEE, INC. (FORMERLY LEADERSHIP FOR EDUCATIONAL EQUITY) IN WHICH THE FOUNDATION MAKES GRANTS TO LEE TO ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES THAT FURTHER THE FOUNDATION'S MISSION. LEE, INC. SUBMITTED A GRANT PROPOSAL TO THE FOUNDATION THAT WAS APPROVED BY THE FOUNDATION'S GOVERNING BODY. UNDER THE GRANT AGREEMENT, LEE, INC. SUBMITS AN ANNUAL REPORT TO THE FOUNDATION DETAILING ITS GRANT EXPENSES AND WILL SUBMIT A FINAL REPORT AT THE END OF THE GRANT. THE FOUNDATION'S TREASURER AND GENERAL COUNSEL REVIEW THE REPORTS FOR CONSISTENCY WITH THE GRANT AGREEMENT'S TERMS. ADDITIONALLY, DURING THE ANNUAL INDEPENDENT AUDIT, THE FOUNDATION'S AUDITORS REVIEWED LEE, INC.'S STAFF'S UNDERSTANDING OF USING 501(C)(3)-BASED FUNDS FOR FUNDING ONLY CHARITABLE AND EDUCATIONAL ACTIVITIES AND SAW NO NEED TO MAKE RECOMMENDATIONS FOR IMPROVEMENT. 0 0 0 0 0 0 0 0 0 MICHAEL BUMAN PRESIDENT 0 432697 0 0 0 0 0 13207 0 22543 0 468447 0 0 CHRISTINE GREEN SECRETARY/TREASURER 0 234181 0 0 0 0 0 11667 0 36954 0 282802 0 0 PART I, LINE 3 LEE FOUNDATION SHARES EMPLOYEES AND OTHER RESOURCES WITH LEE, INC. 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 LEE, INC., 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. FORM 990 PAGE 1, PART I IN 2025, THE ORGANIZATION CHANGED ITS MISSION. THE ORGANIZATION'S MISSION IS TO FOSTER AND FACILITATE INCREASED CIVIC LEADERSHIP. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL BUMAN AND EMMA BLOOMBERG - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 4 DURING 2025 THE ORGANIZATION AMENDED THEIR GOVERNING DOCUMENTS TO CHANGE THEIR NAME. THE ORGANIZATION ALSO UPDATED THE MISSION OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE ORGANIZATION'S GOVERNING BODY IS APPOINTED BY THE DIRECTORS OF LEE, INC., A RELATED ORGANIZATION. THE DIRECTORS OF LEE, INC. MAY ALSO REMOVE A DIRECTOR FROM THE ORGANIZATION'S GOVERNING BODY WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S GENERAL COUNSEL/TREASURER AND EXECUTIVE DIRECTOR REVIEW THE DRAFT FORM 990. THE PREPARED FORM 990 IS PROVIDED TO MEMBERS OF THE GOVERNING BODY FOR COMMENT AND REVIEW. AFTER THE MEMBERS OF THE GOVERNING BODY REVIEW AND PROVIDE ANY COMMENTS, THE ORGANIZATION ELECTRONICALLY FILES THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL INDIVIDUALS SERVING IN THE CAPACITY OF A DIRECTOR OR OFFICER ARE REQUIRED TO ADHERE TO THE CONFLICT OF INTEREST POLICY AND COMPLETE AN ANNUAL QUESTIONNAIRE DISCLOSING ANY POTENTIAL CONFLICTS WITH THE ORGANIZATION. WHEN A DIRECTOR OR OFFICER BECOMES AWARE OF A POTENTIAL CONFLICT, THE DIRECTOR SHALL HAVE A DUTY TO (1) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF THE TRANSACTION IN WRITING TO THE GOVERNING BODY; (2) REFRAIN FROM USING THEIR PERSONAL INFLUENCE TO ENCOURAGE THE ORGANIZATION TO ENTER INTO THE TRANSACTION; AND (3) PHYSICALLY EXCUSE THEMSELVES FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE TRANSACTION WITH THE DIRECTORS AND OFFICERS OF THE ORGANIZATION. THE GOVERNING BODY ADMINISTERS THE CONFLICT OF INTEREST POLICY AND REVIEWS THE ANNUAL DISCLOSURE STATEMENTS. THE GOVERNING BODY HAS THE SOLE AUTHORITY TO REVIEW THE OPERATION OF THE POLICY AND MAKE CHANGES FROM TIME TO TIME AS IT MAY DEEM APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15B LEE FOUNDATION SHARES EMPLOYEES AND OTHER RESOURCES WITH LEE, INC. THE TWO ORGANIZATIONS OPERATE UNDER A RESOURCE SHARING AGREEMENT THAT SETS FORTH HOW RESOURCES ARE SHARED AND PAID FOR. UNDER THE AGREEMENT, SHARED EMPLOYEES BETWEEN THE ORGANIZATION ARE COMPENSATED AND EMPLOYED BY LEE, INC. HOWEVER A PORTION OF THEIR COMPENSATION IS ALLOCATED TO LEE FOUNDATION. LEE FOUNDATION'S ALLOCATED PORTION OF THESE SALARIES ARE REPORTED ON LINES 7-10. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OR BY CALLING THE FOUNDATION DIRECTLY. FORM 990, PART IX, LINE 7-10 LEE FOUNDATION SHARES EMPLOYEES AND OTHER RESOURCES WITH LEE, INC. THE TWO ORGANIZATIONS OPERATE UNDER A RESOURCE SHARING AGREEMENT THAT SETS FORTH HOW RESOURCES ARE SHARED AND PAID FOR. UNDER THE AGREEMENT, SHARED EMPLOYEES BETWEEN THE ORGANIZATION ARE COMPENSATED AND EMPLOYED BY LEE, INC. HOWEVER A PORTION OF THEIR COMPENSATION IS ALLOCATED TO LEE FOUNDATION. LEE FOUNDATION'S ALLOCATED PORTION OF THESE SALARIES ARE REPORTED ON LINES 7-10. LEE INC 800 N KING ST SUITE 304-4181 WILMINGTON DE 19801 208848357 SUPPORT LEADERS TO ENGAGE CIVICALLY & INCREASE ACCESS & OPPORTUNITY IN THEIR DE 501(C)(4) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0