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Filing year 2024

THE LANE MEMORIAL FOUNDATION

New Hyde Park, New York·EIN 47-4423726·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$478k
Total assets
$8.7M
Total expenses
$717k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. THE LANE MEMORIAL FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

President / Director
Vice-president / Director
Secretary / Director
Treasurer / Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$614k

Itemized grants

8

Median grant

$41k

RecipientLocationPurposeAmount
DIOCESE OF UYO NIGERIACORNING, IASUBSIDIZE CONSTRUCTION OF PRIMARY SCHOOL, OKOPEDI, NIGERIA$200k
MISSIONARY SOCIETY OF ST COLUMBANHKSUBSIDIZE TUITION FOR SEMINARIANS IN THEIR MISSION TRAINING PROGRAM.$143k
ST PATRICK'S SOCIETYEIBUILDING OF ADDITIONAL CLASSROOMS, TEACHER HOUSING, RESTROOMS, CLASSROOM FURNITURE. SUBSIDIZE TEACHERS' SALARIES.$117k
CONSOLATA MISSIONARIESNORTH BRUNSWICK, NJSUBSIDIZE THEOLOGY SEMINARY IN NAIROBI & NOVITIATE IN SAGANA, KENYA.$42k
CHINA CHURCH SOLIDARITY OF ST COLUMBANEISUBSIDIZE BIBLICAL LEXICON.$40k
ST PATRICK'S SOCIETYEIFUNDING FOR 4 SEMINARIANS IN THEOLOGY PROGRAM AT TANGAZA COLLEGE IN NAIROBI, KENYA.$32k
MISSIONARY SOCIETY OF ST JAMES THE APOSTLEBOSTON, MASUBSIDIZE CHILDRENS' FEEDING PROGRAM AT EL RESUCITADO PARISH, LIMA, PERU.$20k
OUR LADY OF FATIMA PARISH CEBU PHILLIPINESCHICAGO, ILSUBSIDIZE TUITION FOR SEMINARIAN.$20k
Financial trend

Revenue and expenses over time

THE LANE MEMORIAL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$705k
$515k
2023
$478k
$717k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

THE LANE MEMORIAL FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $20,079.

25th percentile
$6k
Median
$20,079
75th percentile
$88k
90th percentile
$228k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,519 organizations across 2,519 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
FAQ

Common questions about THE LANE MEMORIAL FOUNDATION

What are THE LANE MEMORIAL FOUNDATION's revenue and expenses?

In 2024, THE LANE MEMORIAL FOUNDATION reported $478k in total revenue and $717k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.