Richard K Lane and Ruth S Lane Memorial Trust
Richard K Lane and Ruth S Lane Memorial Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $178K. Net investment income was $289K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-3.5% YoY
Annual Giving
$178K
+5.2% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$59K
+5.2% YoY
About Richard K Lane and Ruth S Lane Memorial Trust
Based on IRS filings
Richard K Lane and Ruth S Lane Memorial Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $178K. Net investment income was $289K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,226,189 | $2,307,808 | $2,106,459 |
| Revenue | $347,949 | $141,888 | $201,050 |
| Expenses | $250,213 | $241,977 | $259,479 |
| Qualifying Distributions | $189,672 | $180,221 | $179,136 |
| Net Investment Income | $288,882 | $81,919 | $139,751 |
| Distributable Amount | $208,678 | $189,238 | $171,107 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIDFIRST BANK | TRUSTEE | 1 | $22,075 |
| JOHN G GRAY | CO-TRUSTEE | 1 | $22,075 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Little Oklahoma Non-profit Boat Ramp Corporation
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Assets
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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