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William M Lane Foundation is a private trust based in BETHESDA, MD. The foundation received its IRS ruling in 1997. The principal officer is William M Lane. It holds total assets of $222K. Annual income is reported at $69K. Total assets have decreased from $195K in 2011 to $136K in 2023. The foundation is governed by 1 officer or trustee. 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 2015 to 2023. According to available records, William M Lane Foundation has made 7 grants totaling $33K, with a median grant of $5K. Annual giving has grown from $13K in 2021 to $20K in 2022. Individual grants have ranged from $3K to $5K, with an average award of $5K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in District of Columbia, South Carolina, California, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
William M Lane Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in DC, SC, CA.
William M Lane Foundation has distributed a total of $33K across 7 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $3K to $5K.
William M Lane Foundation typically selects its grantees rather than accepting unsolicited proposals.
William M Lane Foundation is headquartered in BETHESDA, MD. While based in MD, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William M Lane | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$136K
Fair Market Value
$192K
Net Worth
$136K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$9K
Total Grants
7
Total Giving
$33K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Reserve Scholarship FoundationGENERAL | Aiken, SC | $5K | 2022 |
| Martha'S TableGENERAL | Washington, DC | $5K | 2022 |
| National Rehabilitation Hospital DcGENERAL PURPOSE | Washington, DC | $5K | 2021 |
| Eisenhower Health OrganizationGENERAL | Rancho Mirage, CA | $5K | 2021 |
| National Science Tech Ed PartnershiGENERAL PURPOSE | Mclean, VA | $3K | 2021 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD