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Drs. Bruce and Lee Foundation

Profile

Last Updated: 2016-07-17

At A Glance

Drs. Bruce and Lee Foundation

201 S. Dargan St., BTC Box 022

Florence, SC United States 29506-2535

Telephone: (843) 664-2870

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Health conversion foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $181,328,804

Total giving: $3,092,210

EIN

570902483

BRIDGE Number

6628687019

Background

Established in 1995 in SC; converted from the sale of the assets of Carolinas Hospital System to Quorum, Inc.

Purpose and Activities

The foundation aims to advance the general welfare of people in the Florence, SC, area, and the surrounding region by providing economic support to qualified and nonprofit organizations. In furtherance of its mission, the foundation will support a board range of charitable purposes including, but not limited to medical, health, human services, education, arts, religion, civic affairs and the conservation, preservation and promotion of cultural, historical and environmental resources programs.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a PRI to assist the city of Florence, SC, in meeting its facilities needs, to benefit both the city and the county by saving both governmnental entities money to leseen the burdens of government.

Fields of Interest

Subjects
  • Arts and culture
  • Baseball and softball
  • Diseases and conditions
  • Education
  • Environment
  • Health
  • Historical activities
  • Human services
  • Nursing care
  • Sports
  • Sports and recreation
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $181,328,804 (market value)

Expenditures: $3,571,177

Total giving: $3,092,210

Qualifying distributions: $7,224,695