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Richard D Lee And Vera M Lee Foundation Inc

  • St Petersburg, FL
  • Tax-exempt since Sept. 2013
  • EIN: 45-2503472

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Public Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$347k (2023)

Expenses
$343k (2023)

Total Assets
$2.76M (2023)

Total Liabilities
$0 (2023)

Years with missing data
Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$346,645
Expenses
$342,615
Net Income
$4,030
Net Assets
$2,763,590
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $242
0.1%
Dividends $104,600
30.2%
Sales of Assets $241,803
69.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $187,000
54.6%
Compensation of Officers* $114,000
33.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,763,590
Total Liabilities $0
Net Assets $2,763,590
Compensation
Key Employees and Officers Compensation Other
Sherwin Management Corporation (Foundation Mgr) $84,000 $0
Austin Bradshaw (Director) $10,000 $0
Kyle Bradshaw (Director) $10,000 $0
Melissa Bradshaw (Director) $10,000 $0
Gerald Sherwin (Pres Director) $0 $0
Pamela Sherwin (Vp Director) $0 $0
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Document Links

990-PF
Filed on June 16, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$84,065
Expenses
$511,948
Net Income
-$427,883
Net Assets
$2,759,560
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $811
1.0%
Dividends $72,425
86.2%
Sales of Assets $10,829
12.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $315,000
61.5%
Compensation of Officers* $114,000
22.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,759,560
Total Liabilities $0
Net Assets $2,759,560
Compensation
Key Employees and Officers Compensation Other
Sherwin Management Corporation (Foundation Mgr.) $84,000 $0
Austin Bradshaw (Director) $10,000 $0
Kyle Bradshaw (Director) $10,000 $0
Melissa Bradshaw (Director) $10,000 $0
Gerald Sherwin (Pres/Director) $0 $0
Pamela Sherwin (Vp/Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Feb. 1, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$454,509
Expenses
$504,707
Net Income
-$50,198
Net Assets
$3,187,443
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $35
0.0%
Dividends $45,150
9.9%
Sales of Assets $409,324
90.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $296,500
58.7%
Compensation of Officers* $121,574
24.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,187,443
Total Liabilities $0
Net Assets $3,187,443
Compensation
Key Employees and Officers Compensation Other
Sherwin Management Corporation (Foundation Mgr.) $91,574 $0
Austin Bradshaw (Director) $10,000 $0
Kyle Bradshaw (Director) $10,000 $0
Melissa Bradshaw (Director) $10,000 $0
Gerald Sherwin (Pres/Director) $0 $0
Pamela Sherwin (Vp/Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Dec. 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$234,182
Expenses
$283,680
Net Income
-$49,498
Net Assets
$3,237,641
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $9,347
4.0%
Interest Revenue $1,613
0.7%
Dividends $29,208
12.5%
Sales of Assets $186,047
79.4%
Other Income $7,967
3.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $155,390
54.8%
Compensation of Officers* $104,000
36.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,237,641
Total Liabilities $0
Net Assets $3,237,641
Compensation
Key Employees and Officers Compensation Other
Sherwin Management Corporation (Foundation Mgr.) $84,000 $0
Austin Bradshaw (Director) $10,000 $0
Kyle Bradshaw (Director) $10,000 $0
Gerald Sherwin (Pres/Director) $0 $0
Pamela Sherwin (Vp/Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Dec. 13, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$49,308
Expenses
$130,666
Net Income
-$81,358
Net Assets
$3,287,139
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,246
2.5%
Dividends $48,045
97.4%
Sales of Assets $0
Other Income $17
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $160,960
> 100%
Compensation of Officers* $72,000
55.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,287,139
Total Liabilities $0
Net Assets $3,287,139

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$101,640
Expenses
$115,785
Net Income
-$14,145
Net Assets
$3,239,237
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $40,408
39.8%
Dividends $60,275
59.3%
Sales of Assets $0
Other Income $957
0.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $191,937
> 100%
Compensation of Officers* $67,039
57.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,239,237
Total Liabilities $0
Net Assets $3,239,237

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$115,058
Expenses
$98,995
Net Income
$16,063
Net Assets
$3,386,752
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $114,691
99.7%
Sales of Assets $0
Other Income $367
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $188,930
> 100%
Compensation of Officers* $75,492
76.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,386,752
Total Liabilities $0
Net Assets $3,386,752

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$139,229
Expenses
$134,090
Net Income
$5,139
Net Assets
$3,410,031
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $136,174
97.8%
Dividends $0
Sales of Assets $0
Other Income $3,055
2.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $181,034
> 100%
Compensation of Officers* $101,147
75.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,410,031
Total Liabilities $0
Net Assets $3,410,031

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$131,970
Expenses
$38,305
Net Income
$93,665
Net Assets
$3,546,972
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,653
3.5%
Interest Revenue $0
Dividends $125,974
95.5%
Sales of Assets $0
Other Income $1,343
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $122,628
> 100%
Compensation of Officers* $32,470
84.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,546,972
Total Liabilities $0
Net Assets $3,546,972

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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