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Hu Lee Memorial Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710696757 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is Hu Lee Memorial Foundation?

The Hu Lee Memorial Foundation, established in Little Rock, Arkansas, is a nonprofit organization that honors the principles of Grand Master H U Lee by providing scholarships to deserving Taekwondo students. Their primary mission involves financially supporting students pursuing Taekwondo and fostering the values taught by Grand Master Lee through their scholarship program. The foundation serves as a means to uphold and propagate the teachings of this influential figure in the Taekwondo community.


Official website here: www.huleefoundation.org

Is Hu Lee Memorial Foundation legitimate?

Hu Lee Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hu Lee Memorial Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.huleefoundation.org

What is the mission statement of Hu Lee Memorial Foundation?

The Hu Lee Memorial Foundation's mission is centered around awarding scholarships to deserving students who are passionate about Taekwondo. Additionally, the foundation works towards propagating the values and principles of Taekwondo, as established by a notable figure, in a manner that is not specified in the provided information. The foundation achieves this mission through its scholarship program, which is based in an unspecified location.


Official website here: www.huleefoundation.org

Who is the CEO of Hu Lee Memorial Foundation?

Sun C Lee is the Chairman of Hu Lee Memorial Foundation.


Official website here: www.huleefoundation.org

What is the revenue of Hu Lee Memorial Foundation?

Hu Lee Memorial Foundation's revenue in 2022 was $14,656.


Official website here: www.huleefoundation.org

Who are the executives of Hu Lee Memorial Foundation and what are their salaries?

There 6 volunteers at Hu Lee Memorial Foundation.


Here are 6 key members and their salaries:


Sun C Lee (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Lee (Advisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Morton (Advisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linus Raines (Advisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Rodgers (Advisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lee (Advisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.huleefoundation.org

Where can I find the form 990 for Hu Lee Memorial Foundation?

Hu Lee Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.huleefoundation.org

Learn more at the official website: www.huleefoundation.org

Mission Statement of Hu Lee Memorial Foundation

The Hu Lee Memorial Foundation, named after Grand Master H U Lee, is committed to a noble mission. This mission involves granting scholarships to deserving students who have a passion for Taekwondo. Beyond just financial assistance, the foundation aims to uphold and propagate the values and principles instilled by Grand Master Lee in the discipline of Taekwondo. By doing so, the Hu Lee Memorial Foundation is not only nurturing the next generation of Taekwondo practitioners but also preserving and promoting the rich legacy of its founder.

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Impact




August, 2024

The Hu Lee Memorial Foundation has made a significant impact by awarding scholarships to qualified students for Taekwondo. Through its scholarship program in Little Rock, AR, the foundation not only supports the educational pursuits of these students but also helps to further the principles of Taekwondo set forth by Grand Master H U Lee. This dual focus on education and promoting the values of Taekwondo demonstrates the foundation's commitment to both academic excellence and character development.




This information is meant to be a general summary of Hu Lee Memorial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,656 (2022)
Expenses
$23,635 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,663
  • Gross Receipts: $14,656

Assets and Liabilities:

  • Total Assets: $487,730
  • Total Liabilities: $75,800
  • Net Assets: $411,930

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Organization Details

Founding Year

1990

Principal Officer

Sun C Lee

Main Address

1800 RIVERFRONT DRIVE, LITTLE ROCK, AR, 72202

NTEE Category

Code: B82 - Education

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