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Filing year 2024

THE MINNIE AND BERNARD LANE FOUNDATION

Altavista, Virginia·EIN 54-6052404·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$351k
Total assets
$2.9M
Total expenses
$358k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE MINNIE AND BERNARD LANE FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

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

Total granted

$324k

Itemized grants

80

Median grant

$2k

RecipientLocationPurposeAmount
PREGNANCY CARE CENTER OF CATAWBA VALLEYHICKORY, NCMINISTRY TO FAMILIES$45k
ANTIOCH PARTNERSRICHFIELD, MNSUPPORT FOR LONG-TERM CROSS-CULTURAL MINISTRY$29k
ALTAVISTA AREA YMCAALTAVISTA, VAGENERAL FUNDING FOR COMMUNITY SERVICE$25k
CHRYSALIS INTERNATIONAL INCALTAMONTE SPRINGS, FLMISSION TO DISCIPLE NATIONS THROUGH CHRISTIAN EDUCATION$24k
AVOCA MUSEUMALTAVISTA, VASUPPORT FOR EDUCATIONAL/HISTORICAL MUSEUM$14k
CORNERSTONE COUNSELINGHICKORY, NCCOUNSELING$10k
DAWNALTAVISTA, VAFOOD FOR NEEDY FAMILIES IN THE COMMUNITY$10k
FERRUM COLLEGEFERRUM, VAEDUCATION$10k
SAMARITAN'S PURSEBOONE, NCRELIGIOUS MINISTRY$10k
LIBERTY UNIVERSITYLYNCHBURG, VARELIGIOUS$8k
ONE ANOTHER MINISTRIESCORONA, CARELIGIOUS MINISTRY$8k
WESLEYAN COVENANT ASSOCIATIONREYNOLDSBURG, OHRELIGIOUS$6k
ALTAVISTA AREA HABITAT FOR HUMANITYALTAVISTA, VAASSISTANCE FOR HOUSING FOR THE NEEDY IN THE COMMUNITYSUPPORT FOR SAFE, AFFORDABLE HOUSING FOR NEEDY FAMILIES IN COMMUNITY$5k
CHRIST THE KINGHICKORY, NCRELIGIOUS$5k
CONGRESO IBEROAMERICANO POR THE FAMILYWASHINGTON, DCEDUCATION$5k
FAITH CHRISTIAN ACADEMYHURT, VASUPPORT FOR SCHOLARSHIPS$5k
FAMILY RESEARCH COUNCILWASHINGTON, DCTO CHAMPION FAITH, FAMILY, AND FREEDOM IN PUBLIC POLICY$5k
SEMILLA INCCAPE CHARLES, VAUS BASED LATIN AMERICAN LEADERSHIP DEVELOPMENT SERVING CHRISTIAN LEADERS$5k
CAMPUS OUTREACH OF LYNCHBURG VALYNCHBURG, VAMINISTRY ON COLLEGE CAMPUS$5k
LEADER SOURCE SGAELKHART, INLEADER DEVELOPMENT - SERVE CHURCH LEADERS WORLDWIDE$4k
NATIONAL D-DAY MEMORIAL FOUNDATIONBEDFORD, VATO PRESERVE THE LESSONS AND LEGACIES OF D-DAY, JUNE 6, 1944 EDUCATIONAL MISSION$4k
AMAZEMENT SQUARELYNCHBURG, VACOMMUNITY ACTIVITIESSUPPORT FOR CHILDREN'S MUSEUM MEMORIAL$3k
HICKORY CHRISTIAN ACADEMYHICKORY, NCEDUCATION; SUPPORT FOR SCHOLARSHIPS$3k
LAUNCH GLOBALDALLAS, TXRELIGIOUS$3k
RIVER CHURCHMADISON HEIGHTS, VARELIGIOUS$3k
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Financial trend

Revenue and expenses over time

THE MINNIE AND BERNARD LANE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$290k
$317k
2023
$351k
$358k
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 Virginia

THE MINNIE AND BERNARD LANE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia →
FAQ

Common questions about THE MINNIE AND BERNARD LANE FOUNDATION

What are THE MINNIE AND BERNARD LANE FOUNDATION's revenue and expenses?

In 2024, THE MINNIE AND BERNARD LANE FOUNDATION reported $351k in total revenue and $358k 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.