Lane Family Foundation

Private foundation · Grantmaker Palm Beach, FL EIN: 06-0996843
Arts and cultureHealth

Lane Family Foundation is a private foundation focused on Arts and culture, based in Palm Beach, FL. IRS filing data is available from 2019 through 2023. In 2023, it awarded 3 grants totaling $604K. Net investment income was $10K.

Key facts about Lane Family Foundation

In short: Lane Family Foundation gave $604K across 3 grants in 2023 (avg $201K), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
06-0996843
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$604,343
Grants made (2023)
3
Average grant
$201,448
Median grant
$10,000
Primary geography
Florida (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$604K

+981.5% YoY

Grant Count

3

-62.5% YoY

Avg Grant Size

$201K

+2784.0% YoY

Under IRS private-foundation payout rules, Lane Family Foundation reported a distributable amount of $19K for 2023 — the minimum it must pay out in qualifying distributions.

How Lane Family Foundation gives

  • Giving grew 655% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2023 grant dollars across all 3 itemized grants.

Cities

WashingtonWest Palm BeachNantucketNew YorkPalm BeachNewport NewsJupiterOrlandoPotomacSyracuse

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K11 grants2019 13 grants2020 12 grants2021 8 grants2022 3 grants2023

From 2019 to 2023, annual grant giving ranged from $56K (2022) to $604K (2023). In 2023 it made 3 grants totaling $604K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Schwab Charitable Foundation: $589KSchwab Charitable Foundation$589KSociety of the Four Arts: $10KSociety of the Four Arts$10KMorselife Foundation: $5KMorselife Foundation$5K

The largest 2023 recipient was Schwab Charitable Foundation ($589K). Together the top 3 received $604K.

Grant Size Distribution

47 grants across all recorded years

46<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 46 grants of 47 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Foundation Orlando, FLSchwab Doner Advised Fund$589,343
Society of the Four Arts Palm Beach, FLUnrestricted Donation$10,000
Morselife Foundation West Palm Beach, FLUnrestricted Donation$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023
Metric202320222021
Total Assets—$596,933$549,571
Revenue$12,187$111,055$-26,377
Expenses$609,120$63,693$100,932
Qualifying Distributions$604,343$55,880$94,820
Net Investment Income$10,187$104,042$16,961
Distributable Amount$19,380$43,461$47,331

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 7, 2020)
  2. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Lane Family Foundation is led by Marilyn Lane, President on every filing since 2019; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Marilyn Lane

    President

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Lee Baydush

    Director

    On filings since 2019

    No compensation reported

  • William Lane

    Vice President

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Lane Family Foundation

How much does Lane Family Foundation give each year?

Lane Family Foundation gave $604K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $56K across 8 grants.

What is Lane Family Foundation's typical grant size?

Lane Family Foundation's median grant in 2023 was $10,000, and its average grant was $201,448, across 3 grants on its 2023 IRS Form 990-PF.

Where does Lane Family Foundation give grants?

Lane Family Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.

Does Lane Family Foundation give general operating support?

Yes: 67% of Lane Family Foundation's 2023 grants with a stated purpose (2 of 3) were for general or operating support, per its 2023 IRS Form 990-PF.

What is Lane Family Foundation?

Lane Family Foundation is a private foundation focused on Arts and culture, based in Palm Beach, FL.

How much is Lane Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Lane Family Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lane Family Foundation's EIN?

Lane Family Foundation's EIN (Employer Identification Number) is 06-0996843. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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