The Lane Memorial Foundation
The Lane Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW HYDE PARK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 8 grants totaling $614K. Net investment income was $388K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.7M
-2.6% YoY
Annual Giving
$614K
+42.8% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$77K
-28.6% YoY
Under IRS private-foundation payout rules, The Lane Memorial Foundation reported a distributable amount of $574K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lane Memorial Foundation
Based on IRS filings
The Lane Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW HYDE PARK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 8 grants totaling $614K. Net investment income was $388K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,717,398 | $8,953,341 | $8,857,383 |
| Revenue | $477,931 | $704,575 | $253,194 |
| Expenses | $716,874 | $515,045 | $659,735 |
| Qualifying Distributions | $615,350 | $431,020 | $558,520 |
| Net Investment Income | $388,407 | $620,550 | $167,979 |
| Distributable Amount | $573,747 | $509,513 | $528,921 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Diocese of Uyo Nigeria ($200,000), Missionary Society of St Columban ($143,000), St Patrick's Society ($117,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONSOLATA MISSIONARIES NORTH BRUNSWICK, NJ | SUBSIDIZE THEOLOGY SEMINARY IN NAIROBI & NOVITIATE IN SAGANA, KENYA. | $42,000 |
| MISSIONARY SOCIETY OF ST COLUMBAN | SUBSIDIZE TUITION FOR SEMINARIANS IN THEIR MISSION TRAINING PROGRAM. | $143,000 |
| MISSIONARY SOCIETY OF ST JAMES THE APOSTLE BOSTON, MA | SUBSIDIZE CHILDRENS' FEEDING PROGRAM AT EL RESUCITADO PARISH, LIMA, PERU. | $20,000 |
| ST PATRICK'S SOCIETY | BUILDING OF ADDITIONAL CLASSROOMS, TEACHER HOUSING, RESTROOMS, CLASSROOM FURNITURE. SUBSIDIZE TEACHERS' SALARIES. | $117,000 |
| DIOCESE OF UYO NIGERIA CORNING, IA | SUBSIDIZE CONSTRUCTION OF PRIMARY SCHOOL, OKOPEDI, NIGERIA | $200,000 |
| ST PATRICK'S SOCIETY | FUNDING FOR 4 SEMINARIANS IN THEOLOGY PROGRAM AT TANGAZA COLLEGE IN NAIROBI, KENYA. | $32,000 |
| OUR LADY OF FATIMA PARISH CEBU PHILLIPINES CHICAGO, IL | SUBSIDIZE TUITION FOR SEMINARIAN. | $20,000 |
| CHINA CHURCH SOLIDARITY OF ST COLUMBAN | SUBSIDIZE BIBLICAL LEXICON. | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REV DANIEL LANE | PRESIDENT / DIRECTOR | 0.5 | — |
| BERNARD O'CONNOR | VICE-PRESIDENT / DIRECTOR | 0.25 | — |
| CHRISTINE CLINE | SECRETARY / DIRECTOR | 0.25 | — |
| MARY-ALICE GREINER | TREASURER / DIRECTOR | 2 | — |
| ELIZABETH HAYNIE | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lane Memorial Foundation?
The Lane Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW HYDE PARK, NY. It holds $8.7M in total assets as of 2024.
How large is The Lane Memorial Foundation?
As of 2024, The Lane Memorial Foundation holds $8.7M in total assets with $478K in annual revenue. It awarded 8 grants totaling $614K in 2024.
Where does The Lane Memorial Foundation operate?
The Lane Memorial Foundation has awarded grants in Iowa, Illinois, Massachusetts, Maryland, New Jersey, New York.
What size grants does The Lane Memorial Foundation award?
In 2024, The Lane Memorial Foundation awarded 8 grants totaling $614K — an average of about $77K per grant, based on its IRS Form 990 filings.
How much is The Lane Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lane Memorial Foundation reported a distributable amount of $574K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lane Memorial Foundation's EIN?
The Lane Memorial Foundation's EIN (Employer Identification Number) is 47-4423726. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lane Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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