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Also known as: co John E Lane III
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Edward H Lane Foundation is a private trust based in HARDY, VA. The foundation received its IRS ruling in 1956. The principal officer is John E Lane Iii. It holds total assets of $418K. Annual income is reported at $87K. Total assets have decreased from $849K in 2010 to $513K in 2022. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia and Kentucky. According to available records, Edward H Lane Foundation has made 30 grants totaling $236K, with a median grant of $4K. Annual giving has grown from $66K in 2021 to $170K in 2022. Individual grants have ranged from $1K to $28K, with an average award of $8K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Virginia, New Jersey, Kentucky, which account for 87% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$8K
Largest Grant
$28K
Based on 11 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.
Edward H Lane Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in VA, NJ, KY.
Edward H Lane Foundation has distributed a total of $236K across 30 grants. The median grant size is $4K, with an average of $8K. Individual grants have ranged from $1K to $28K.
Limitations/restrictions within the trust instrument which specifically cite IRS code sections applicable to exempt organizations.
Edward H Lane Foundation is headquartered in HARDY, VA. While based in VA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W R Lane | Trustee | $0 | $0 | N/A |
| Edward H Lane Iii | Trustee | $0 | $0 | N/A |
| John E Lane Iii | Trustee | $0 | $0 | N/A |
Total Giving
$90K
Total Assets
$513K
Fair Market Value
$1.7M
Net Worth
$513K
Grants Paid
$87K
Contributions
N/A
Net Investment Income
$36K
Distribution Amount
$81K
Total Grants
30
Total Giving
$236K
Average Grant
$8K
Median Grant
$4K
Unique Recipients
11
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyInherited Cancer Program | Lexington, KY | $10K | 2022 |
| Princeton UniversityUnrestricted | Princeton, NJ | $28K | 2022 |
| The Generals RedoubtUnrestricted | Lexington, VA | $16K | 2022 |
| Blue Grass Farms CharitiesGeneral Fund | Lexington, KY | $10K | 2022 |
| Randolph Macon AcademyJohn H. Lane Memorial Scholarship | Front Royal, VA | $8K | 2022 |
| The Spectator Of Washington LeeUnrestricted | Lexington, VA | $3K | 2022 |
| The Consumer Voice For Quality LtcElder Caregiver Support | Washington, DC | $2K | 2022 |
| League For Animal ProtectionUnrestricted | Fincastle, VA | $2K | 2022 |
| Coopers Cove Community CenterUnrestricted | Hardy, VA | $1K | 2022 |
| Huddleston Veterans Memorial CourtsUnrestricted | Huddleston, VA | $1K | 2022 |
| Phoenix Children'S Hospital FoundatGeneral Fund | Phoenix, AZ | $2K | 2021 |