The Minnie and Bernard Lane Foundation
The Minnie and Bernard Lane Foundation is a private family foundation established in 1957 and located in Altavista, Virginia. The foundation operates as a 501(c)(3) organization with a focus on community-based charitable giving, particularly supporting food distribution programs, religious organizations, and social services.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.9M
-0.2% YoY
Annual Giving
$324K
+12.2% YoY
Grant Count
80
-2.4% YoY
Avg Grant Size
$4K
+15.0% YoY
Mission & Focus Areas
The foundation's primary giving focuses on:
- Food distribution programs for needy families in the community
- Methodist churches and other Christian organizations
- Social and human services, including support for non-sheltered homeless populations
- Educational and historical museums
- International giving, including relief and missionary programs
- COVID-related operational assistance for nonprofits
Grantmaking
Support is limited to U.S.-based organizations only, with primary focus on projects in Campbell County, Virginia.
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Geographic Focus
Where this funder awards grants
Campbell County, Virginia, with a preference for local Altavista-area organizations. All grants are restricted to U.S.-based organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $2,924,651 (as of March 2025)
- Total Revenues: $351,239 (fiscal year ending March 2025)
- Total Expenses: $358,330 (fiscal year ending March 2025)
- Total Giving: $288,500 (2024)
- Number of Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,924,651 | $2,931,642 | $2,953,499 |
| Revenue | $351,239 | $289,762 | $162,146 |
| Expenses | $358,330 | $316,619 | $293,335 |
| Qualifying Distributions | $323,600 | $288,500 | $263,500 |
| Net Investment Income | $339,813 | $279,096 | $151,701 |
| Distributable Amount | $295,426 | $262,958 | $252,659 |
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 2025
Grant Size Distribution
250 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 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS LANE | TRUSTEE | 2 | — |
| RICK LANE | TRUSTEE | 2 | — |
| LUCY LANE CORWIN | TRUSTEE | 2 | — |
Contact Information
The Minnie and Bernard Lane Foundation PO Box 359 Altavista, VA 24517-0359 United States
Telephone: 434-369-6663
EIN: 54-6052404
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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