The Joe and Patty Foundation
IOWA CITY, IA EIN: 47-5527477
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$872K
-1.0% YoY
Annual Giving
$52K
-18.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$26K
-18.3% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $872,007 | $880,650 | $973,750 |
| Revenue | $58,935 | $-9,840 | $225,189 |
| Expenses | $66,493 | $82,035 | $84,076 |
| Qualifying Distributions | $54,440 | $65,750 | $72,110 |
| Net Investment Income | $46,144 | $19,120 | $212,992 |
| Distributable Amount | $64,835 | $60,308 | $65,884 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Joe and Patty Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH D LEE | VICE-PRESIDENT/SECRETARY | 1 | — |
| PATRICIA LEE | PRESIDENT/TREASURER | 1 | — |
| MASON LEE | DIRECTOR | 1 | — |
| MACKENZIE LEE JACOBSON | DIRECTOR | 1 | — |
| CONNOR LEE | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Iowa $299K (100%)
Arizona $2K (0%)
Cities
Cedar RapidsDes MoinesFountain HillsIowa City
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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