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Mary T Lane Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2015. The principal officer is % Eastern Bank. It holds total assets of $3.1M. Annual income is reported at $1.2M. The foundation operates in the area of education. According to available records, Mary T Lane Foundation has made 20 grants totaling $191K, with a median grant of $10K. Individual grants have ranged from $5K to $21K, with an average award of $10K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Massachusetts, Vermont, Virginia, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Mary T Lane Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MA, VT, VA.
Mary T Lane Foundation has distributed a total of $191K across 20 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $5K to $21K.
The application deadline is CANDIDATES ARE SELECTED ANNUALLY. SCHOLARSHIPS TO BE AWARDED TO HIGH SCHOOL GRADUATES WHO ARE DOMICILED IN ROCKPORT, MA WHO POSSESS STRONG ACADEMIC AND MORAL QUALIFICATIONS: FINANCIAL NEED WILL BE CONSIDERED.
Mary T Lane Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eastern Bank | TRUSTEE | $9K | $0 | $9K |
Total Giving
$220K
Total Assets
$3.1M
Fair Market Value
$3.8M
Net Worth
$3.1M
Grants Paid
$175K
Contributions
$0
Net Investment Income
$236K
Distribution Amount
$173K
Total Grants
20
Total Giving
$191K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
20
Most Common Grant
$10K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaSCHOLARSHIP | Charlottesville, VA | $10K | 2022 |
| University Of Vermont-HSCHOLARSHIP | Burlington, VT | $21K | 2022 |
| University Of Massachusetts - Amherst-ZSCHOLARSHIP | Amherst, MA | $20K | 2022 |
| Dean CollegeSCHOLARSHIP | Franklin, MA | $15K | 2022 |
| Boston CollegeSCHOLARSHIP | Chestnut Hill, MA | $15K |
| 2022 |
| Umass DartmouthSCHOLARSHIP | Dartmouth, MA | $10K | 2022 |
| Emmanuel CollegeSCHOLARSHIP | Boston, MA | $10K | 2022 |
| Williams CollegeSCHOLARSHIP | Williamstown, MA | $10K | 2022 |
| College Of The Holy CrossSCHOLARSHIP | Worcester, MA | $10K | 2022 |
| University Of Vermont - LSCHOLARSHIP | Burlington, VT | $10K | 2022 |
| Norwich UniversitySCHOLARSHIP | Northfield, VT | $10K | 2022 |
| University Of New HampshireSCHOLARSHIP | Durham, NH | $8K | 2022 |
| Tufts UniversitySCHOLARSHIP | Medford, MA | $8K | 2022 |
| The American University Of RomeSCHOLARSHIP | Rome | $6K | 2022 |
| Massachusetts Maritime Academy- HSCHOLARSHIP | Buzzards Bay, MA | $5K | 2022 |
| Merrimack College - MSCHOLARSHIP | North Andover, MA | $5K | 2022 |
| University Of Massachusetts - Amherst-PSCHOLARSHIP | Amherst, MA | $5K | 2022 |
| Suffolk UniversitySCHOLARSHIP | Boston, MA | $5K | 2022 |
| University Of EssexSCHOLARSHIP | Colchester | $5K | 2022 |
| University Of San FranciscoSCHOLARSHIP | San Francisco, CA | $5K | 2022 |
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