Randi and Clifford Lane Foundation
The Randi and Clifford Lane Foundation is a private family foundation established in 2001 and based in Holbrook, New York. The foundation operates as a 501(c)(3) grantmaking organization with a focus on philanthropic giving in select areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.1M
-7.5% YoY
Annual Giving
$1.7M
-27.6% YoY
Grant Count
28
-17.6% YoY
Avg Grant Size
$61K
-12.1% YoY
Under IRS private-foundation payout rules, Randi and Clifford Lane Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides funding in the following areas:
- Cancer
- Children and youth services
- Hospitals (general)
- Jewish federated giving programs
- Medical research institutes
Giving is primarily concentrated in New York.
Grantmaking
The foundation demonstrates recent grant activity and is considered likely to have dedicated paid staff based on reported board members and key employees.
Grant Range
$25,000
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Geographic Focus
Where this funder awards grants
The foundation's giving is primarily directed to New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $22,780,463
- Total Giving: $2,373,050
- Revenue: $880,000
- Total Liabilities: $59,800
Asset Ranking: Top 10% of foundations nationally (Rank #5,970 of 159,619)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,074,169 | $22,780,463 | $24,880,694 |
| Revenue | $864,197 | $880,192 | $1,043,552 |
| Expenses | $2,569,951 | $3,070,040 | $2,630,583 |
| Qualifying Distributions | $1,718,550 | $2,373,050 | $1,916,000 |
| Net Investment Income | $795,894 | $600,150 | $928,969 |
| Distributable Amount | $1,438,111 | $1,366,532 | $1,471,864 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
157 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northwell Foundation ($750,000), Joe Dimaggio Childrens Hospital ($200,000), Sunrise Assoc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SUNRISE ASSOC OCEANSIDE, NY | CHARITABLE PURPOSE | $100,000 |
| GLEN OAKS CLUB PHILANTHROPIC BROOKVILLE, NY | CHARITABLE PURPOSE | $750 |
| MMRF NORWALK, CT | CHARITABLE PURPOSE | $10,000 |
| ALZHEIMERS DRUG DISCOVERY NEW YORK, NY | CHARITABLE PURPOSE | $25,000 |
| CITY MEALS ON WHEELS NEW YORK, NY | CHARITABLE PURPOSE | $50,000 |
| GUIDE DOG FOUNDATION FOR THE BLIND SMITHTOWN, NY | CHARITABLE PURPOSE | $5,000 |
| LONG ISLAND CARES HAUPPAUGE, NY | CHARITABLE PURPOSE | $25,000 |
| MAKE A WISH FOUNDATION PHOENIX, AZ | CHARITABLE PURPOSE | $20,000 |
| UNITED WAY OF LONG ISLAND DEER PARK, NY | CHARITABLE PURPOSE | $50,000 |
| ISLAND HARVEST HAUPPAUGE, NY | CHARITABLE PURPOSE | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board and Staff:
- Clifford Lane — President (2 hours/week, no compensation)
- Randi Lane — Vice President (2 hours/week, no compensation)
- Matthew Lane — Director (30 hours/week, $300,000 annual compensation)
- Lindsi Lane Watts — Director (30 hours/week, $300,000 annual compensation)
- Terrence M. Bennett — Director (no hours/week, no compensation)
- Thomas Brown — CFO (0.5 hours/week, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLIFFORD LANE | President | 2 | — |
| RANDI LANE | Vice President | 2 | — |
| TERRENCE M BENNETT | Director | — | — |
| THOMAS BROWN | CFO | 0.5 | — |
| MATTHEW LANE | Director | 30 | $300,000 |
| LINDSI LANE WATTS | Director | 30 | $300,000 |
Contact Information
Address: 1491 Broadway Avenue, Holbrook, NY 11741-5417
Telephone: 631-585-2291
EIN: 11-3635985
IRS Tax-Exempt Status: Since January 2002
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Randi and Clifford Lane Foundation fund?
The foundation provides funding in the following areas: • Cancer • Children and youth services • Hospitals (general) • Jewish federated giving programs • Medical research institutes Giving is primarily concentrated in New York.
How do I apply for a grant from Randi and Clifford Lane Foundation?
**Grant Activity:** • 28 grants reported in the most recent tax year • Median grant size: $25,000 • Grant range: $500 to $750,000 • Total giving: $2,373,050 (2023) The foundation demonstrates recent grant activity and is considered likely to have dedicated paid staff based on reported board members and key employees.
Where does Randi and Clifford Lane Foundation make grants?
The foundation's giving is primarily directed to New York.
What size grants does Randi and Clifford Lane Foundation award?
In 2024, Randi and Clifford Lane Foundation awarded 28 grants totaling $1.7M — an average of about $61K per grant, based on its IRS Form 990 filings.
How much is Randi and Clifford Lane Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Randi and Clifford Lane Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Randi and Clifford Lane Foundation's EIN?
Randi and Clifford Lane Foundation's EIN (Employer Identification Number) is 11-3635985. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Randi and Clifford Lane Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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