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Nonprofit · EIN 47-4423726

LANE MEMORIAL FOUNDATION

Tax-exempt (reinstated) · NEW HYDE PARK, NY 11040

Financials

$705K$515K2023$478K$717K2024
Revenue Expenses · by fiscal year end
Financials of LANE MEMORIAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$477,931$716,874-$238,943$8,717,398$3,000$8,714,398
December 31, 2023990-PF$704,575$515,045$189,530$8,953,341$0$8,953,341
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$184,993
Interest
$122,808
Net gain from sales of assets
$170,130

Expenses

Grants and similar amounts paid
$614,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$615,350
Excise tax on investment income
$5,399

Balance sheet and other

Total assets, start of year
$8,953,341
Total assets, end of year
$8,717,398
Total liabilities, end of year
$3,000
Net assets, end of year
$8,714,398
Fair market value of assets
$11,801,410
Qualifying distributions
$615,350
Net investment income
$477,931

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
REV DANIEL LANE
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
PRESIDENT / DIRECTOR0.5$0
BERNARD O'CONNOR
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
VICE-PRESIDENT / DIRECTOR0.25$0
CHRISTINE CLINE
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
SECRETARY / DIRECTOR0.25$0
MARY-ALICE GREINER
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
TREASURER / DIRECTOR2$0
ELIZABETH HAYNIE
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
DIRECTOR0.25$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
REV DANIEL LANE
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
PRESIDENT / DIRECTOR0.5$0
BERNARD O'CONNOR
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
VICE-PRESIDENT / DIRECTOR0.25$0
CHRISTINE CLINE
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
SECRETARY / DIRECTOR0.25$0
MARY-ALICE GREINER
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
TREASURER / DIRECTOR2$0
ELIZABETH HAYNIE
C/O GREINER 57 YORKSHIRE RD, NEW HYDE PARK, NY 11040
DIRECTOR0.25$0

Address and contacts

Address (IRS master file)
CO GREINER 57 YORKSHIRE ROAD, NEW HYDE PARK, NY 11040-0000
In care of
% JERRY J LIMONCELLI
Signed the 990-PF
MARY-ALICE L GREINER, TREASURER
Phone
(516) 747-5717
Return prepared by
MARY-ALICE L GREINER CPA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-4423726
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$8,717,398
Income (IRS master file)
$3,060,742

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
September 22, 2015
Reinstated
Effective July 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$477,931$716,874$8,717,398XML
990-PFDecember 2023$704,575$515,045$8,953,341XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4423726).

Questions about LANE MEMORIAL FOUNDATION

What is the EIN of LANE MEMORIAL FOUNDATION?
The employer identification number (EIN) of LANE MEMORIAL FOUNDATION is 47-4423726.
Is LANE MEMORIAL FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective July 15, 2015.
Are donations to LANE MEMORIAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LANE MEMORIAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LANE MEMORIAL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LANE MEMORIAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LANE MEMORIAL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LANE MEMORIAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $477,931, expenses of $716,874 and total assets of $8,717,398 at year end.

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