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Also known as: C/O ERIK NILIUS
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Bill And Phyllis Lane Foundation is a private corporation based in MARSHALLTOWN, IA. The foundation received its IRS ruling in 1998. It holds total assets of $432K. Annual income is reported at $135K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Iowa. According to available records, Bill And Phyllis Lane Foundation has made 35 grants totaling $135K, with a median grant of $4K. Annual giving has grown from $35K in 2020 to $61K in 2023. Individual grants have ranged from $500 to $11K, with an average award of $4K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$3K
Largest Grant
$10K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bill And Phyllis Lane Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in IA.
Bill And Phyllis Lane Foundation has distributed a total of $135K across 35 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $500 to $11K.
Bill And Phyllis Lane Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bill And Phyllis Lane Foundation is headquartered in MARSHALLTOWN, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ubt Trust Officer - Christian Mcmur | SECRETARY/TREASURER | $5K | $0 | $5K |
| William A Lane Iii | DIRECTOR | $0 | $0 | N/A |
| Nicholas J Lane | DIRECTOR | $0 | $0 | N/A |
Total Giving
$66K
Total Assets
$419K
Fair Market Value
$517K
Net Worth
$419K
Grants Paid
$61K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$25K
Total: $413K
Total Grants
35
Total Giving
$135K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mcc FoundationGRANT | Marshalltown, IA | $11K | 2023 |
| Child Abuse Prevention ServicesGRANT | Marshalltown, IA | $8K | 2023 |
| Emergency Food BoxGRANT | Marshalltown, IA | $8K | 2023 |
| Riverside CemeteryGRANT | Marshalltown, IA | $5K | 2023 |
| Center AssociatesGRANT | Marshalltown, IA | $5K | 2023 |
| Rapha ReinsGRANT | Conrad, IA | $5K | 2023 |
| Marshalltown Arts & Civic CenterGRANT | Marshalltown, IA | $5K | 2023 |
| Marshalltown Federation Of Women'S Clubs - Binford HouseGRANT | Marshalltown, IA | $4K | 2023 |
| House Of CompassionGRANT | Marshalltown, IA | $3K | 2023 |
| Marshalltown Rotary ClubGRANT | Marshalltown, IA | $2K | 2023 |
| Iowa River HospiceGRANT | Marshalltown, IA | $2K | 2023 |
| Marshalltown Ymca-YwcaGRANT | Marshalltown, IA | $2K | 2023 |
| Marshalltown Auditorium FoundationGRANT | Marshalltown, IA | $1K | 2023 |
| Community Foundation Of Marshall CountyGRANT | Marshalltown, IA | $5K | 2021 |
| Marshalltown Fed Of Women'S Clubs - Binford HouseGRANT | Marshalltown, IA | $4K | 2021 |
| Child Abuse PreventionGRANT | Marshalltown, IA | $4K | 2021 |
| Mcc Foundation - ScholarshipsSCHOLARSHIP | Marshalltown, IA | $5K | 2020 |
| Ymca-Ywca Heritage ClubGRANT | Marshalltown, IA | $1K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA