DOUG AND GAY LANE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- DOUG AND GAY LANE FOUNDATION (EIN 22-3554995)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-15
- IRS object ID
- 202021979349102752
- Schema version
- 2019v5.1
- 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 | 2020-07-15T21:26:22-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | 777 THIRD AVENUE No 38 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GAY LANE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2122627670 | PhoneNum |
| Signature | 2020-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,735,579 | 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 | $573,132 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,377 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,377 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $169,719 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $169,719 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $307,895 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,282,752 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $798,939 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,052,123 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $970,035 | 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 | $25,160 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $160 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $25,160 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $160 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $686,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $686,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $711,310 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $160 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $686,150 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $340,813 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $969,875 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $333,783 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $272,263 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $272,263 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,060,796 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,463,129 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,463,316 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,394,579 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,735,392 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,735,579 | 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 | $3,266,858 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,607,671 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,394,579 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,735,392 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,394,579 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,735,392 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,394,579 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $340,813 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,735,392 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,735,392 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (44 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 300 SH ADOBE INC | D | 2018-11-08 | 2019-11-18 | $89,200 | $15,746 | $73,454 | $73,454 |
| 15 SH AMERICAN INTL GROUP | P | 2007-11-26 | 2019-11-18 | $803 | $16,050 | -$15,247 | -$15,247 |
| 67 SH ARCONIC | P | 2005-03-28 | 2019-11-28 | $2,071 | $4,469 | -$2,398 | -$2,398 |
| 600 SH BORG WARNER | P | 2015-10-07 | 2019-11-18 | $26,217 | $26,823 | -$606 | -$606 |
| 200 SH CELGENE | P | 2013-09-20 | 2019-11-21 | $21,180 | $14,914 | $6,266 | $6,266 |
| 1200 SH CERNER CORP | D | 2019-04-24 | 2019-06-18 | $85,080 | $13,860 | $71,220 | $71,220 |
| 800 SH CERNER CORP | D | 2009-12-30 | 2019-06-18 | $56,720 | $7,734 | $48,986 | $48,986 |
| 800 SH CISCO SYSTEMS | D | 2019-04-24 | 2019-06-18 | $45,085 | $14,891 | $30,194 | $30,194 |
| 1500 SH 3-D SYSTEMS CORP | D | 2017-04-11 | 2019-11-18 | $13,267 | $10,455 | $2,812 | $2,812 |
| 200 SH EBAY | P | 2013-09-20 | 2019-11-18 | $7,037 | $4,296 | $2,741 | $2,741 |
| 100 SH FACEBOOK | D | 2017-12-22 | 2019-06-18 | $19,091 | $4,659 | $14,432 | $14,432 |
| 100 SH FORTIVE CORP | D | 2017-12-22 | 2019-11-18 | $7,105 | $1,415 | $5,690 | $5,690 |
| 2000 SH CORNING INC | D | 2019-04-24 | 2019-11-18 | $58,019 | $35,293 | $22,726 | $22,726 |
| 25 SH ALPHABET INC | D | 2014-11-18 | 2019-06-18 | $27,816 | $7,733 | $20,083 | $20,083 |
| 300 SH IAC/INTERACTIVE | D | 2018-05-31 | 2019-11-18 | $66,594 | $20,812 | $45,782 | $45,782 |
| 1500 SH SOUTHWEST AIRLINES | D | 2019-04-24 | 2019-06-18 | $78,207 | $15,446 | $62,761 | $62,761 |
| 200 SH TRANSDIGM GROUP | D | 2012-12-28 | 2019-11-18 | $112,709 | $112,709 | $112,709 | |
| 300 SH DENTSPLY SIRONA | P | 2013-06-10 | 2019-11-18 | $16,798 | $12,434 | $4,364 | $4,364 |
| 500 SH ZOETIS INC | D | 2018-11-08 | 2019-11-18 | $59,952 | $16,384 | $43,568 | $43,568 |
| 200 SH ILLUMINA | D | 2019-04-24 | 2019-06-18 | $70,342 | $27,017 | $43,325 | $43,325 |
| 500 SH SOUTHWEST AIRLINES | D | 2014-05-27 | 2019-06-18 | $26,069 | $4,621 | $21,448 | $21,448 |
| 300 SH ILLUMINA | D | 2019-04-24 | 2019-11-18 | $90,626 | $40,526 | $50,100 | $50,100 |
| 400 SH SOUTHWEST AIRLINES | D | 2013-12-30 | 2019-06-18 | $20,855 | $4,158 | $16,697 | $16,697 |
| 100 SH SOUTHWEST AIRLINES | D | 2007-11-26 | 2019-06-18 | $5,214 | $462 | $4,752 | $4,752 |
| 100 SH DENTSPLY SIRONA INC | P | 2006-07-12 | 2019-11-18 | $5,599 | $3,058 | $2,541 | $2,541 |
| 100 SH DENTSPLY SIRONA INC | P | 2009-01-22 | 2019-11-18 | $5,599 | $2,677 | $2,922 | $2,922 |
| 300 SH FACEBOOK | P | 2013-09-20 | 2019-06-18 | $57,272 | $13,915 | $43,357 | $43,357 |
| 100 SH FORTIVE CORP | D | 2012-12-27 | 2019-11-18 | $7,105 | $1,166 | $5,939 | $5,939 |
| 400 SH BORG WARNER | P | 2013-06-10 | 2019-11-18 | $17,478 | $16,702 | $776 | $776 |
| 100 SH CELGENE | P | 2017-11-28 | 2019-11-21 | $10,590 | $10,446 | $144 | $144 |
| 300 SH CELGENE | P | 2018-11-06 | 2019-11-21 | $31,770 | $22,426 | $9,344 | $9,344 |
| 500 SH EBAY | P | 2013-06-10 | 2019-11-18 | $17,593 | $10,415 | $7,178 | $7,178 |
| 300 SH EBAY | P | 2014-09-19 | 2019-11-18 | $10,556 | $6,239 | $4,317 | $4,317 |
| 33 SH ARCONIC | P | 2005-08-11 | 2019-11-18 | $1,036 | $2,224 | -$1,188 | -$1,188 |
| 167 SH ARCONIC | P | 2010-01-04 | 2019-11-18 | $5,178 | $6,139 | -$961 | -$961 |
| 333 SH ARCONIC | P | 2012-01-12 | 2019-11-18 | $10,357 | $7,226 | $3,131 | $3,131 |
| 67 SH ARCONIC | P | 2009-01-22 | 2019-01-18 | $2,071 | $1,275 | $796 | $796 |
| 666 SH ARCONIC | P | 2013-09-20 | 2019-11-18 | $20,693 | $12,417 | $8,276 | $8,276 |
| 333 SH ARCONIC | P | 2013-06-10 | 2019-11-18 | $10,357 | $6,164 | $4,193 | $4,193 |
| 10 SH AMERICAN INTL GROUP | P | 2008-06-06 | 2019-11-18 | $535 | $7,118 | -$6,583 | -$6,583 |
| 10 SH AMERICAN INTL GROUP | P | 2008-08-18 | 2019-11-18 | $535 | $4,578 | -$4,043 | -$4,043 |
| 700 SH AMERICAN INTL GROUP | P | 2013-02-13 | 2019-11-18 | $37,476 | $15,535 | $21,941 | $21,941 |
| 65 SH AMERICAN INTL GROUP | P | 2009-01-22 | 2019-11-18 | $3,480 | $1,948 | $1,532 | $1,532 |
| 400 SH AMERICAN INTL GROUP | P | 2010-01-04 | 2019-11-18 | $21,415 | $11,947 | $9,468 | $9,468 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $798,939 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $477,077 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,133,532 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.115416 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $751,755 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,364,478 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.223439 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,169,547 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,286,456 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.355869 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $752,100 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,267,077 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.176256 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $493,186 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,344,830 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.147447 | DistributionYr5Rt |
| Total Distribution | 1.018427 | TotalDistributionRt |
| Average Distribution | 0.203685 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,478,865 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $912,278 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $9,699 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $921,977 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $686,150 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $19,398 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $19,398 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $19,398 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,618 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $16,618 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $2,780 | TaxDueAmt |
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 | $4,270,180 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $276,891 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,547,071 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,547,071 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $68,206 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,478,865 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $223,943 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $223,943 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $19,398 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $19,398 | TotalTaxAmt |
| Distributable Before Adj | $204,545 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $204,545 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $204,545 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $686,150 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $686,150 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $686,150 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $204,545 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $341,402 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $552,016 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,020,986 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $597,779 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $286,782 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,798,965 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $686,150 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $204,545 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $481,605 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,280,570 | 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 | $341,402 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,939,168 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $552,016 | ExcessFromYear4Amt |
| Excess From Year3 | $1,020,986 | ExcessFromYear3Amt |
| Excess From Year2 | $597,779 | ExcessFromYear2Amt |
| Excess From Year1 | $286,782 | ExcessFromYear1Amt |
| Excess From Current Year | $481,605 | 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 (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN MUSEUM OF NATURAL HISTORY | |||||||
| 200 CENTRAL PARK WEST | NEW YORK | NY | 10024 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $150 |
| ANDERSON UNIVERSITY | |||||||
| 316 BOULEVARD | ANDERSON | SC | 09621 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $5,000 |
| BROADWAY HOUSING | |||||||
| 583 RIVERSIDE DRIVE | NEW YORK | NY | 10031 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| CAREGROUP PARMENTER HOSPICE | |||||||
| 1 ARSENAL MARKET PLACE | WATERTOWN | MA | 02472 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $1,000 |
| CARL VINCENT BINI MEMORIAL FOUNDATION | |||||||
| 18 HERVEY STREET | STATEN ISLAN | NY | 10307 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $1,000 |
| CEDAR GROVE VOLUNTEER FIRE DEPARTMENT | |||||||
| PO BOX 435 | CEDAR GROVE | NJ | 07009 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $500 |
| CENTER FOR MIND AND CULTURE | |||||||
| 566 COMMONWEALTH AVENUE | BOSTON | MA | 02215 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $102,500 |
| DAVIS AND ELKINS | |||||||
| 100 CAMPUS DRIVE | ELKINS | WV | 26241 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $250,000 |
| FRIENDS OF BOCA GRANDE | |||||||
| 131 FIRST STREET WEST | BOCA GRANDE | FL | 33921 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $5,000 |
| GIRLS INC | |||||||
| 120 WALL STREET | NEW YORK | NY | 10005 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| HONORING OUR HOMETOWN HEROES OF DENTON COUNTY INC | |||||||
| 1180 MCREYNOLDS ROAD | SANGER | TX | 76266 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $1,000 |
| LEHIGH UNIVERSITY | |||||||
| 27 MEMORIAL DRIVE WEST | BETHLEHEM | PA | 18015 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| MORAVIAN MANOR | |||||||
| 300 W LEMON STREET | LITITZ | PA | 17543 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $25,000 |
| NJ ELKS | |||||||
| PO BOX 1596 | WOODBRIDGE | NJ | 07095 | N/A | PUBLIC CHARITY | SPECIAL CHILDRENS FUND | $5,000 |
| OAKWOOD ATHLETIC BOOSTERS | |||||||
| 1200 FAR HILLS AVENUE | OAKWOOD | OH | 45419 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $5,000 |
| OAKWOOD CITY SCHOOLS | |||||||
| 20 RUBICON ROAD | OAKWOOD | OH | 45409 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $50,000 |
| RADCLIFFE CREEK SCHOOL | |||||||
| 201 TALBOT BOULEVARD | CHESTERTOWN | MD | 21620 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $80,000 |
| SANDHILLS SCHOOL | |||||||
| 1500 HALLBROOK DRIVE | COLUMBIA | SC | 29209 | N/A | PUBLIC CHARITY | GENERAL PURPOSES | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $686,150 | 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 | $1,377 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $169,719 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $307,895 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $478,991 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $478,991 | 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 | $518,163 | Yes (X) |
| GAY LANE | ||||||
| 2 | 777 THIRD AVENUE 38TH FLOOR | NEW YORK | NY | 10017 | $54,969 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1200 SH CERNER CORP | $76,905 | 2019-04-24 |
| 1 | 500 SH CERNER CORP | $28,433 | 2019-04-24 |
| 1 | 300 SH CISCO SYSTEMS | $17,060 | 2019-04-24 |
| 1 | 2000 SH CORNING INC | $69,265 | 2019-04-24 |
| 1 | 500 SH ILLUMINA INC | $159,355 | 2019-04-24 |
| 1 | 500 SH INTEL CORP | $29,357 | 2019-04-24 |
| 1 | 1000 SH INTEL CORP | $58,715 | 2019-04-24 |
| 1 | 1000 SH SOUTHWEST AIRLINES CO | $52,715 | 2019-04-24 |
| 1 | 500 SH SOUTHWEST AIRLINES CO | $26,358 | 2019-04-24 |
| 2 | 300 SH BLACKSTONE GROUP INC | $15,801 | 2019-11-18 |
| 2 | 200 SH FACEBOOK INC | $39,168 | 2019-11-18 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (57 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1000 SH AIR LEASE CORP | $33,896 | $47,520 |
| 2500 SH AMERICAN AIRLINES GROUP INC | $55,967 | $71,700 |
| 800 SH AMERICAN EXPRESS CO | $65,381 | $99,592 |
| 2000 SH BANKUNITED INC | $71,406 | $73,120 |
| 12000 SH BRISTOL-MYERS SQUIBB CO | $108,054 | $128,380 |
| 2000 SH CISCO SYSTEMS INC | $40,140 | $95,920 |
| 200 SH DANAHER CORP | $8,477 | $30,696 |
| 2500 SH DELTA AIR LINES INC | $23,507 | $146,200 |
| 300 SH DIAGEO PLC | $29,796 | $50,526 |
| 3000 SH DISCOVERY COMMUNICATIONS | $57,811 | $91,470 |
| 152 SH EQUINIX INC | $51,037 | $88,722 |
| 600 SH EXPEDITORS INTL OF WASHINGTON | $21,846 | $46,812 |
| 200 SH FACEBOOK INC | $39,168 | $41,050 |
| 11000 SH FORD MOTOR CO | $126,174 | $102,300 |
| 2500 SH GENERAL MOTORS CO | $80,137 | $91,500 |
| 200 SH HONEYWELL INTL INC | $20,062 | $35,400 |
| 12500 SH HUDSONS BAY CO | $124,205 | $95,125 |
| 300 SH ILLINOIS TOOL WORKS INC | $16,252 | $53,889 |
| 500 SH ILLUMINA INC | $93,666 | $165,870 |
| 10500 SH MACYS INC | $210,087 | $178,500 |
| 350 SH MASTERCARD INC | $17,045 | $104,507 |
| 1000 SH MERCK INC | $41,323 | $90,950 |
| 1000 SH METLIFE INC | $45,373 | $50,970 |
| 2500 SH NORDSTROM INC | $110,340 | $102,325 |
| 800 SH PAYPAL HOLDINGS INC | $34,208 | $86,536 |
| 800 SH PRUDENTIAL FINANCIAL INC | $68,257 | $74,992 |
| 1800 SH QUALCOMM INC | $106,114 | $158,814 |
| 3500 SH STRATASYS LTD | $123,958 | $70,788 |
| 1657 SH SYNCHRONY LTD | $46,211 | $59,669 |
| 1300 SH UNITED CONTINENTAL HOLDINGS INC | $45,931 | $114,517 |
| 700 SH US BANCORP | $31,508 | $41,503 |
| 500 SH VERISK ANALYTICS INC | $31,758 | $74,670 |
| 900 SH VISA INC | $48,900 | $169,110 |
| 620 SH VULCAN MATERIALS CO | $28,129 | $89,274 |
| 1500 SH ALTABA INC | $48,186 | $0 |
| 600 SH APTIV PLC | $32,859 | $56,982 |
| 100 SH EXPEDIA INC | $12,533 | $10,814 |
| 700 SH FIRST REPUBLIC BANK | $85,299 | $105,705 |
| 500 SH JPMORGAN CHASE | $52,294 | $69,700 |
| 8000 SH L BRANDS INC | $190,157 | $144,960 |
| 7000 SH MAXAR TECHNOLOGIES | $138,865 | $109,690 |
| 200 SH MICROSOFT CORP | $17,055 | $31,540 |
| 600 SH NVIDIA CORP | $118,906 | $141,180 |
| 400 SH CHEVRON | $48,345 | $48,204 |
| 1000 SH COCA COLA CO | $49,834 | $55,350 |
| 1000 SH FORTUNE BRANDS HOME & SECURITY | $45,301 | $65,340 |
| 1500 SH MASCO CORP | $47,221 | $71,985 |
| 1000 SH XPO LOGISTICS | $95,515 | $79,700 |
| 200 SH APACHE CORP | $51,934 | $51,180 |
| 300 SH BLACKSTONE GROUP | $15,801 | $16,782 |
| 600 BRISTOL MYERS SQUIBB CONT VALUE RIGHT | $1,278 | $1,806 |
| 1000 SH CORE LABORATORIES | $48,116 | $37,670 |
| 600 SH EOG RESOURCES | $46,289 | $50,256 |
| 1500 SH INTEL CORP | $88,072 | $89,775 |
| 350 SH PIONEER NATURL RESOURCES | $48,573 | $52,980 |
| 100 SH SCHLUMBERGER LTD | $56,967 | $64,320 |
| 1500 SH TRUIST FINANCIAL CORP | $67,605 | $84,480 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAX | $160 | $160 | $0 |
| EXCISE TAX | $25,000 | $0 | $0 |
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