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THE LANE MEMORIAL FOUNDATION

NEW HYDE PARK, NY · EIN 474423726 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$478K
expenses
$103K
net assets
$8.7M
employees
profile · synthesized from sources

The Lane Memorial Foundation is a private foundation based in New Hyde Park, NY, focused on philanthropy and grantmaking. It provides financial support to religious and educational initiatives in developing countries, primarily funding the construction of schools, teacher salaries, seminarian tuition, and children's feeding programs. The foundation does not appear to run direct programs but instead channels resources through missionary and religious organizations globally.

named programs · 4 · from sources

What they call their work

Children's Feeding Program
Subsidizes feeding programs for children in low-income communities, currently operating in Lima, Peru.
Primary School Construction Support
Funds the construction of primary schools and associated infrastructure in underserved communities, including classrooms, teacher housing, and restrooms.
Seminarian Tuition Subsidy
Provides financial support for seminarians pursuing theological education at institutions in Kenya, Pakistan, and the Philippines.
Teacher Support and School Infrastructure
Funds teacher salaries and builds educational facilities such as libraries, science labs, and computer rooms in developing countries.
activities · 4 groups

What they do

  • Religious Education Support 3 activities
    • Funding biblical and theological research
      Finances scholarly work including the development of a biblical lexicon, supporting theological research and academic output.
    • Funding missionary and clergy support programs
      Provides financial support for the ongoing expenses of clergy and lay missionaries, particularly in Pakistan, enabling religious and community service activities.
    • Funding theological education and seminarian training
      Supports tuition and training costs for seminarians through programs at Tangaza College in Nairobi, Kenya, and other mission training initiatives, including support for individual seminarians and institutional programs in Nairobi and Sagana, Kenya.
  • Church and Congregation-Based Financial Aid 1 activity
    • Funding children's feeding programs
      Provides grants to support feeding programs for children, such as at El Resucitado Parish in Lima, Peru, addressing food insecurity in vulnerable communities.
  • Teacher & Classroom Innovation Grants 1 activity
    • Funding construction of educational facilities and infrastructure
      Funds the construction of primary schools, classrooms, teacher housing, restrooms, libraries, science labs, and computer rooms, including associated equipment and furniture. Projects include a primary school in Okopedi, Nigeria, and educational infrastructure in other international locations.
  • Uncategorized 1 activity
    • Funding teacher salaries and educational operating costs
      Provides financial support for teacher salaries and subsidizes ongoing educational expenses, including in contexts where schools are newly constructed or under-resourced.
financials · form 990PF · fy2024
revenue
Total revenue$478K
Contributions & grants
Program service revenue
Investment income$308K64%
Other revenue$170K
expenses
Total expenses$103K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$614K
balance sheet
Total assets$8.72M
Cash
Investments
Liabilities
Net assets$8.71M
3 years on record · 2020–2024 · YoY revenue -32.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • BERNARD O'CONNOR — VICE-PRESIDENT / DIRECTOR
  • CHRISTINE CLINE — SECRETARY / DIRECTOR
  • ELIZABETH HAYNIE — DIRECTOR
  • MARY-ALICE GREINER — TREASURER / DIRECTOR
  • REV DANIEL LANE — PRESIDENT / DIRECTOR
relationships · 7

Who they work with

  • CHINA CHURCH SOLIDARITY OF ST COLUMBAN Partner — Receives funding for a biblical lexicon project.
  • CONSOLATA MISSIONARIES Partner — Receives funding for a theology seminary in Nairobi and a novitiate in Sagana, Kenya.
  • DIOCESE OF UYO NIGERIA Partner — Receives funding for construction of a primary school in Okopedi, Nigeria.
  • MISSIONARY SOCIETY OF ST COLUMBAN Partner — Receives funding for seminarian tuition and ongoing missionary expenses in Pakistan.
  • MISSIONARY SOCIETY OF ST JAMES THE APOSTLE Partner — Receives funding for a children's feeding program in Lima, Peru.
  • OUR LADY OF FATIMA PARISH CEBU PHILLIPINES Partner — Receives funding for seminarian tuition.
  • ST PATRICK'S SOCIETY Partner — Receives funding for construction projects and teacher salaries in multiple grants.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Sustained Operational Funding for Missionary Personnel
    methodology: sustained-missionary-support
    By providing long-term operational support to religious and missionary personnel in challenging environments, the foundation sustains critical community services and spiritual outreach, because continuity of presence enables trust-building and consistent delivery of aid and religious instruction.
  • Targeted Capital Grants for Educational Infrastructure
    methodology: education-infrastructure-grantmaking
    By providing capital grants to underserved regions, the foundation enables the development of educational infrastructure, which improves access to quality education because physical and systemic capacity is a prerequisite for effective learning environments.