DOUG AND GAY LANE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DOUG AND GAY LANE FOUNDATION (EIN 22-3554995)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-17
- IRS object ID
- 202121379349102207
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T15:08:51-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134178294 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREW P SEGAL CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 THIRD AVENUE 38TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223554995 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DOUG AND GAY LANE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOUG | BusinessNameControlTxt |
| Phone | 2122627670 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1972 | AddressLine1Txt |
| City | BOCA GRANDE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33921 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GAY LANE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2122627670 | PhoneNum |
| Signature | 2021-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GAY | PersonFirstNm |
| Person Last | LANE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDREW P SEGAL | PreparerPersonNm |
| PTIN | P00697782 | PTIN |
| Phone | 2126976620 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,119,751 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,197,895 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $184 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $184 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $65,469 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $65,469 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $308,826 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,279,177 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $556,419 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,572,374 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $622,072 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,847 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $22,847 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $430,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $430,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $452,847 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $430,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,119,527 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $622,072 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $272,263 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $598,831 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $598,831 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,463,129 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,256,088 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,520,920 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,735,392 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,854,919 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,119,751 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $127,721 | CapitalStockBOYAmt |
| Capital Stock EOY | $127,721 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,607,671 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,727,198 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,735,392 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,854,919 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,735,392 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,854,919 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,735,392 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,119,527 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,854,919 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,854,919 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (53 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 500 SH ALTABA INC | P | 2013-09-14 | 2020-11-02 | $4,165 | $21,114 | -$16,949 | -$16,949 |
| 1000 SH ALTABA INC | P | 2013-06-10 | 2020-11-02 | $8,330 | $27,072 | -$18,742 | -$18,742 |
| 500 SH BANKUNITED INC | P | 2017-11-28 | 2020-10-20 | $12,526 | $18,306 | -$5,780 | -$5,780 |
| 500 SH BANKUNITED INC | P | 2015-10-07 | 2020-10-20 | $12,526 | $18,279 | -$5,753 | -$5,753 |
| 500 SH BANKUNITED INC | P | 2017-04-10 | 2020-10-20 | $12,526 | $18,037 | -$5,511 | -$5,511 |
| 500 SH BANKUNITED INC | P | 2018-11-06 | 2020-10-20 | $12,526 | $16,784 | -$4,258 | -$4,258 |
| 400 SH CISCO SYSTEM INC | P | 2014-09-19 | 2020-08-26 | $16,786 | $15,513 | $1,273 | $1,273 |
| 300 SH CISCO SYSTEM INC | P | 2013-06-10 | 2020-08-26 | $12,590 | $1 | $12,589 | $12,589 |
| 200 SH CISCO SYSTEM INC | D | 1995-03-24 | 2020-08-26 | $8,393 | $411 | $7,982 | $7,982 |
| 700 SH CISCO SYSTEM INC | P | 1995-03-24 | 2020-08-26 | $29,376 | $1 | $29,375 | $29,375 |
| 100 SH CISCO SYSTEM INC | P | 1950-01-01 | 2020-08-26 | $4,197 | $1,647 | $2,550 | $2,550 |
| 300 SH CISCO SYSTEM INC | P | 2011-07-22 | 2020-08-26 | $12,590 | $1 | $12,589 | $12,589 |
| 200 SH DANAHER CORP | D | 2012-12-27 | 2020-10-20 | $45,660 | $3,748 | $41,912 | $41,912 |
| 48 SH EQUINIX | D | 2017-12-22 | 2020-01-14 | $27,991 | $7,865 | $20,126 | $20,126 |
| 2 SH EQUINIX | P | 2015-11-10 | 2020-01-14 | $1,166 | $740 | $426 | $426 |
| 2 SH EQUINIX | P | 2014-11-25 | 2020-01-14 | $1,166 | $449 | $717 | $717 |
| 200 SH FACEBOOK INC | D | 2019-11-18 | 2020-01-14 | $43,933 | $9,318 | $34,615 | $34,615 |
| 200 SH FORTUNE BRANDS HOME & SECURITY | P | 2018-11-06 | 2020-10-20 | $17,824 | $9,060 | $8,764 | $8,764 |
| 1000 SH HUDSONS BAY CO | P | 2015-10-07 | 2020-02-25 | $8,146 | $1 | $8,145 | $8,145 |
| 2000 SH HUDSONS BAY CO | P | 2014-09-09 | 2020-02-25 | $16,291 | $31,521 | -$15,230 | -$15,230 |
| 2000 SH HUDSONS BAY CO | P | 2017-11-28 | 2020-02-25 | $16,291 | $92,681 | -$76,390 | -$76,390 |
| 4000 SH HUDSONS BAY CO | P | 2017-04-10 | 2020-02-25 | $32,583 | $1 | $32,582 | $32,582 |
| 3500 SH HUDSONS BAY CO | P | 2018-11-06 | 2020-02-25 | $28,510 | $1 | $28,509 | $28,509 |
| 100 SH ILLUMINA INC | P | 2017-08-11 | 2020-01-14 | $31,694 | $13,509 | $18,185 | $18,185 |
| 100 SH ILLUMINA INC | P | 2017-08-11 | 2020-08-26 | $35,291 | $13,509 | $21,782 | $21,782 |
| 50 SH ILLUMINA INC | P | 2017-08-11 | 2020-10-20 | $16,031 | $6,754 | $9,277 | $9,277 |
| 500 SH INTEL CORP | P | 2019-04-24 | 2020-08-26 | $24,692 | $6,225 | $18,467 | $18,467 |
| 1000 SH INTEL CORP | P | 2019-04-24 | 2020-08-26 | $49,385 | $24,004 | $25,381 | $25,381 |
| 1000 SH L BRANDS | P | 2017-04-10 | 2020-08-26 | $30,572 | $47,489 | -$16,917 | -$16,917 |
| 500 SH L BRANDS | P | 2018-11-06 | 2020-08-26 | $15,286 | $17,226 | -$1,940 | -$1,940 |
| 1500 SH L BRANDS | P | 2019-06-18 | 2020-08-26 | $45,858 | $34,836 | $11,022 | $11,022 |
| 1000 SH L BRANDS | P | 2019-11-18 | 2020-08-26 | $30,572 | $18,121 | $12,451 | $12,451 |
| 2000 SH L BRANDS | P | 2019-11-18 | 2020-10-20 | $67,401 | $36,242 | $31,159 | $31,159 |
| 1500 SH MASCO CORP | P | 2018-11-06 | 2020-08-26 | $88,593 | $47,221 | $41,372 | $41,372 |
| 100 SH MASTERCARD INC | P | 2012-12-27 | 2020-02-10 | $32,958 | $2,116 | $30,842 | $30,842 |
| 687 SH MAXAR TECHNOLOGIES INC | P | 2017-11-28 | 2020-08-26 | $17,207 | $43,225 | -$26,018 | -$26,018 |
| 313 SH MAXAR TECHNOLOGIES INC | P | 2017-10-05 | 2020-08-26 | $7,840 | $17,176 | -$9,336 | -$9,336 |
| 1000 SH MAXAR TECHNOLOGIES INC | P | 2018-10-06 | 2020-08-26 | $25,047 | $16,170 | $8,877 | $8,877 |
| 500 SH METLIFE INC | P | 2017-04-10 | 2020-10-20 | $19,929 | $23,762 | -$3,833 | -$3,833 |
| 500 SH METLIFE INC | P | 2015-10-07 | 2020-10-20 | $19,929 | $21,611 | -$1,682 | -$1,682 |
| 100 SH NVIDIA CORP | D | 2018-11-08 | 2020-01-14 | $24,714 | $2,815 | $21,899 | $21,899 |
| 100 SH NVIDIA CORP | D | 2018-11-08 | 2020-08-26 | $50,884 | $2,547 | $48,337 | $48,337 |
| 100 SH NVIDIA CORP | D | 2017-12-22 | 2020-10-20 | $54,878 | $2,547 | $52,331 | $52,331 |
| 100 SH PAYPAL HOLDINGS INC | P | 2013-06-10 | 2020-02-10 | $11,985 | $3,221 | $8,764 | $8,764 |
| 200 SH PAYPAL HOLDINGS INC | P | 2013-09-20 | 2020-02-10 | $23,971 | $6,644 | $17,327 | $17,327 |
| 100 SH PAYPAL HOLDINGS INC | P | 2014-09-19 | 2020-10-20 | $20,402 | $3,216 | $17,186 | $17,186 |
| 200 SH QUALCOMM INC | D | 2014-12-16 | 2020-08-26 | $23,095 | $2,995 | $20,100 | $20,100 |
| 200 SH QUALCOMM INC | D | 2014-12-16 | 2020-10-20 | $25,801 | $2,995 | $22,806 | $22,806 |
| 100 SH VERISK ANALYTICS INC | P | 2013-09-20 | 2020-08-26 | $18,672 | $6,635 | $12,037 | $12,037 |
| 100 SH VISA INC | D | 2017-12-22 | 2020-01-14 | $19,595 | $1,872 | $17,723 | $17,723 |
| 100 SH VISA INC | D | 2015-10-16 | 2020-01-14 | $19,595 | $1,841 | $17,754 | $17,754 |
| 200 SH VISA INC | D | 2015-10-16 | 2020-02-10 | $41,198 | $3,683 | $37,515 | $37,515 |
| Capital Gains Dividends | P | $10 | $10 | $10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $556,419 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,647 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,647 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,647 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $20,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,353 | OverpaymentAmt |
| Applied To ES Tax | $11,353 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ANDREW P SEGAL | IndividualWithBooksNm |
| Phone | 2126976620 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 THIRD AVENUE 38TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DOUGLAS C LANE | ||||||||
| 777 THIRD AVENUE | NEW YORK | NY | 10017 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SHARON GAY LANE | ||||||||
| 777 THIRD AVENUE | NEW YORK | NY | 07009 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $3,387,291 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $473,755 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,861,046 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,861,046 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $57,916 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,803,130 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $190,157 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $190,157 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,647 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,647 | TotalTaxAmt |
| Distributable Before Adj | $181,510 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $181,510 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $181,510 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $430,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $430,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $430,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $181,510 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $552,016 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,020,986 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $597,779 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $286,782 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $481,605 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,939,168 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $430,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $181,510 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $248,490 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,187,658 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $552,016 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,635,642 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,020,986 | ExcessFromYear4Amt |
| Excess From Year3 | $597,779 | ExcessFromYear3Amt |
| Excess From Year2 | $286,782 | ExcessFromYear2Amt |
| Excess From Year1 | $481,605 | ExcessFromYear1Amt |
| Excess From Current Year | $248,490 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DOUGLAS C LANE | ContributingManagerNm |
| Contributing Manager | SHARON GAY LANE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BARRIER ISLAND PARKS SOCIETY | |||||||
| 880 BELCHER ROAD | BOCA GRANDE | FL | 33921 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $5,000 |
| BOCA GRANDE HEALTH CLINIC FOUNDATION | |||||||
| 280 PARK AVENUE | BOCA GRANDE | FL | 33921 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $10,000 |
| BROADWAY HOUSING | |||||||
| 583 RIVERSIDE DRIVE | NEW YORK | NY | 10031 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $20,000 |
| CAMP MAK A DREAM | |||||||
| 4301 ORCHARD LAKE ROAD | WEST BLOOMFIELD | MI | 48323 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $5,000 |
| CENTER FOR MIND AND CULTURE | |||||||
| 566 COMMONWEALTH AVENUE | BOSTON | MA | 02215 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $100,000 |
| DAVIS AND ELKINS | |||||||
| 100 CAMPUS DRIVE | ELKINS | WV | 26241 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| GIRLS INC | |||||||
| 120 WALL STREET | NEW YORK | NY | 10005 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $10,000 |
| LEHIGH UNIVERSITY | |||||||
| 27 MEMORIAL DRIVE WEST | BETHLEHEM | PA | 18015 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| PULMONARY FIBROSIS FOUNDATION | |||||||
| 230 EAST OHIO STREET | CHICAGO | IL | 60611 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| RADCLIFFE CREEK SCHOOL | |||||||
| 201 TALBOT BOULEVARD | CHESTERTOWN | MD | 21620 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $130,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $430,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $184 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $65,469 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $308,826 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $374,479 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $374,479 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| DOUGLAS C LANE | ||||||
| 1 | 777 THIRD AVENUE 38TH FLOOR | NEW YORK | NY | 10017 | $923,238 | Yes (X) |
| GAY LANE | ||||||
| 2 | 777 THIRD AVENUE 38TH FLOOR | NEW YORK | NY | 10017 | $274,657 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 350 SH ILLUMINA CORP | $125,682 | 2020-12-17 |
| 1 | 5000 SH L BRANDS INC | $192,875 | 2020-12-17 |
| 1 | 600 SH LAUDER ESTEE COS INC | $157,251 | 2020-12-17 |
| 1 | 4000 SH MAXAR TECHNOLOGIES LTD | $138,980 | 2020-12-17 |
| 1 | 600 SH MICROSOFT CORP | $131,643 | 2020-12-17 |
| 1 | 200 SH NVIDIA CORP | $106,232 | 2020-12-17 |
| 1 | 300 SH PAYPAL HOLDINGS INC | $70,575 | 2020-12-17 |
| 2 | 200 SH DANAHER CORP | $44,754 | 2020-12-17 |
| 2 | 100 SH ILLUMINA INC | $35,909 | 2020-12-17 |
| 2 | 400 SH MICROSOFT CORP | $87,762 | 2020-12-17 |
| 2 | 200 SH NVIDIA CORP | $106,232 | 2020-12-17 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (55 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 2000 SH AIR LEASE CORP | $65,054 | $88,840 |
| 4500 SH AMERICAN AIRLINES GROUP INC | $81,913 | $70,965 |
| 800 SH AMERICAN EXPRESS CO | $65,381 | $96,728 |
| 12000 SH BRISTOL-MYERS SQUIBB CO | $108,054 | $124,060 |
| 200 SH DANAHER CORP | $44,754 | $44,428 |
| 2500 SH DELTA AIR LINES INC | $23,507 | $100,525 |
| 300 SH DIAGEO PLC | $29,796 | $47,643 |
| 3000 SH DISCOVERY COMMUNICATIONS | $57,811 | $78,570 |
| 100 SH EQUINIX INC | $28,587 | $71,418 |
| 600 SH EXPEDITORS INTL OF WASHINGTON | $21,846 | $57,066 |
| 15000 SH FORD MOTOR CO | $158,733 | $131,850 |
| 3000 SH GENERAL MOTORS CO | $98,187 | $124,920 |
| 200 SH HONEYWELL INTL INC | $20,062 | $42,540 |
| 300 SH ILLINOIS TOOL WORKS INC | $16,252 | $61,164 |
| 700 SH ILLUMINA INC | $206,279 | $259,000 |
| 15000 SH MACYS INC | $239,276 | $168,750 |
| 250 SH MASTERCARD INC | $12,175 | $89,235 |
| 1000 SH MERCK INC | $41,323 | $81,800 |
| 5000 SH NORDSTROM INC | $141,796 | $156,050 |
| 800 SH PAYPAL HOLDINGS INC | $91,701 | $163,940 |
| 800 SH PRUDENTIAL FINANCIAL INC | $68,257 | $62,456 |
| 1400 SH QUALCOMM INC | $78,410 | $213,276 |
| 5000 SH STRATASYS LTD | $152,242 | $103,600 |
| 1657 SH SYNCHRONY LTD | $46,211 | $57,514 |
| 1500 SH US BANCORP | $63,385 | $69,885 |
| 400 SH VERISK ANALYTICS INC | $25,123 | $83,036 |
| 500 SH VISA INC | $14,932 | $109,365 |
| 620 SH VULCAN MATERIALS CO | $28,129 | $91,952 |
| 600 SH APTIV PLC | $32,859 | $78,174 |
| 100 SH EXPEDIA INC | $12,533 | $13,240 |
| 700 SH FIRST REPUBLIC BANK | $85,299 | $132,237 |
| 700 SH JPMORGAN CHASE | $72,634 | $88,949 |
| 7000 SH L BRANDS INC | $229,117 | $260,330 |
| 9000 SH MAXAR TECHNOLOGIES | $201,274 | $347,310 |
| 1200 SH MICROSOFT CORP | $236,460 | $266,904 |
| 700 SH NVIDIA CORP | $270,499 | $365,540 |
| 600 SH CHEVRON | $62,656 | $50,670 |
| 1500 SH COCA COLA CO | $75,133 | $82,260 |
| 800 SH FORTUNE BRANDS HOME & SECURITY | $36,241 | $68,576 |
| 1000 SH XPO LOGISTICS | $95,515 | $119,200 |
| 4500 SH APACHE CORP | $75,760 | $63,855 |
| 300 SH BLACKSTONE GROUP | $15,801 | $19,443 |
| 10000 BRISTOL MYERS SQUIBB CONT VALUE RIGHT | $32,103 | $6,901 |
| 2000 SH CORE LABORATORIES | $63,205 | $53,020 |
| 1200 SH EOG RESOURCES | $68,032 | $59,844 |
| 700 SH PIONEER NATURL RESOURCES | $77,919 | $79,723 |
| 3000 SH SCHLUMBERGER LTD | $78,792 | $65,490 |
| 1800 SH TRUIST FINANCIAL CORP | $80,561 | $86,274 |
| 1500 SH AES CORP | $30,486 | $35,250 |
| 500 SH CITIGROUP INC | $22,018 | $30,830 |
| 50 SH FLEETCOR TECHNOLOGIES INC | $12,272 | $13,642 |
| 100 SH INTERNATIONAL FLAVORS & FRAGRANCES INC | $11,550 | $10,884 |
| 600 SH ESTEE LAUDER COS INC | $157,251 | $159,714 |
| 300 SH SIMON PROPERTY GROUP INC | $19,625 | $25,584 |
| 2000 SH UNITED AIRLINES HOLDINGS INC | $71,317 | $86,500 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $61 | $0 | $0 |
| EXCISE TAX | $22,780 | $0 | $0 |
| INVESTMENT EXPENSE | $6 | $0 | $0 |
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