Home › Philanthropy, voluntarism & grantmaking
Lee Memorial Health System Foundation
Also known as Lee Health Foundation
Lee Memorial Health System Foundation reported $41.6 million in revenue and $25.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $82.38 went to program services, $5.22 to management and general costs and $12.40 to fundraising. Its largest source of revenue was contributions and grants: 89.5% of the total. The highest compensation it reported for one person was $709,634 (TRUSTEE (EX-OFFICIO)). Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $26MFor context, the median across 1,030 covered philanthropy, voluntarism & grantmaking charities: $91.67 programs, $6.50 management, $1.83 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $42MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.4% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.2% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 12.4% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 89.5% | 80.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.5% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $709,634 | $322,368 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.77% | 1.60% |
| People paid over $100,000 Part VII, line 2 | 0 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 43.0 | 58.9 |
| Independent voting board members Part VI 1a–1b | 26 of 27 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseLee Health Foundation serves as the fundraising and advancement arm of Lee Health System, inc. (Lee Health). The Lee Health Foundation provides a comprehensive development operation in support of Lee Health's strategic priorities, including raising principal, major, and planned gifts, operating an annual giving program, and conducting fundraising events. Lee Health Foundation solicits, collects, manages and distributes funds according to donor wishes on behalf of Lee Health. The Lee Health Foundation prioritizes it's fundraising activities to support the growth of capital facilities…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| TRUSTEE (EX-OFFICIO) Director/trustee, 1.00 hrs/week | $0 | $696,370 | $13,264 | $709,634 |
| CFO & COO, LHS, INC. Officer, 1.00 hrs/week | $0 | $361,876 | $7,204 | $369,080 |
| CHIEF DEVELOPMENT OFFICER Officer, 15.00 hrs/week | $0 | $182,651 | $4,622 | $187,273 |
| TRUSTEE (EX-OFFICIO) Director/trustee, 1.00 hrs/week | $0 | $2,810 | $0 | $2,810 |
0 people received more than $100,000 in reportable compensation from Lee Memorial Health System Foundation (Part VII, line 2).
1 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b27 · 26 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6325
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Lee Memorial Health System Foundation totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Lee Memorial Health System Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lee Memorial Health System Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lee Memorial Health System Foundation spent in FY2025, $82.38 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- United Way Of Massachusetts BayBoston, MA · revenue $41M · programs 87.2% · FY2025
- Global Charitable FundChicago, IL · revenue $42M · programs 100.0% · 2025
- Co-Impact Philanthropic FundsNew York, NY · revenue $41M · programs 91.7% · 2024
- Triangle Community FoundationDurham, NC · revenue $43M · programs 90.2% · FY2025
- CandidNew York, NY · revenue $41M · programs 75.7% · 2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in Florida
Questions people ask
How much of Lee Memorial Health System Foundation's spending goes to programs?
In the fiscal year ending September 30, 2025, Lee Memorial Health System Foundation reported that 82.4% of its $25.6 million in expenses went to program services, 5.2% to management and general and 12.4% to fundraising (Form 990, Part IX).
How much does Lee Memorial Health System Foundation pay its top executive?
The largest total compensation Lee Memorial Health System Foundation reported for one person in the fiscal year ending September 30, 2025 was $709,634, for the role of TRUSTEE (EX-OFFICIO) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lee Memorial Health System Foundation get its money?
Of $41.6 million in revenue in the fiscal year ending September 30, 2025, 89.5% came from contributions and grants (including 4.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Lee Memorial Health System Foundation a registered charity?
The IRS lists EIN 65-0645343 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202602279349300505 · read the filing · XML
All filings for EIN 65-0645343: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.