LANE THOMAS FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
LANE THOMAS FOUNDATION (EIN 81-4544601)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-09-21
IRS object ID
201832649349300133
Schema version
2017v2.3
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

FieldValueIRS element (for citing)
Return2018-09-21T14:46:34-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN476097913PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SEIM JOHNSON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118081 BURT STREET SUITE 200AddressLine1Txt
CityOMAHACityNm
State AbbreviationNEStateAbbreviationCd
ZIP680224722ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814544601EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LANE THOMAS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLANEBusinessNameControlTxt
Phone4022005830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121463 WALNUT STREETAddressLine1Txt
CityELKHORNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATTHEW GRAVESPersonNm
Person TitleCHAIRPERSONPersonTitleTxt
Phone4022005830PhoneNum
Signature2018-07-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBARBARA J FAJENPreparerPersonNm
PTINP00400874PTIN
Phone4023302660PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerMATTHEW GRAVESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line121463 WALNUT STREETAddressLine1Txt
CityELKHORNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68022ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,705,651GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LANETHOMAS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateNELegalDomicileStateCd
Activity Or MissionTHE LANE THOMAS FOUNDATION PROVIDES FINANCIAL AND EMOTIONAL SUPPORT TO FAMILIES WITH CHILDREN IN NEED OF LIFE-SAVING ORGAN TRANSPLANTS. THE FOUNDATION ALSO FOCUSES ON RAISING AWARENESS ABOUT THE CRITICAL NEED FOR PEDIATRIC ORGAN DONATION.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$3,590,856CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$30,868CYInvestmentIncomeAmt
CY Other Revenue-$77,616CYOtherRevenueAmt
CY Total Revenue$3,544,108CYTotalRevenueAmt
CY Grants And Similar Paid$35,319CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$35,534CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$14,444CYTotalFundraisingExpenseAmt
CY Other Expenses$45,273CYOtherExpensesAmt
CY Total Expenses$116,126CYTotalExpensesAmt
CY Revenues Less Expenses$3,427,982CYRevenuesLessExpensesAmt
Total Assets EOY$3,721,444TotalAssetsEOYAmt
Total Liabilities EOY$101,999TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$3,619,445NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE LANE THOMAS FOUNDATION WAS ESTABLISHED TO GIVE HONOR AND LIGHT TO LANE'S LIFE. THE FOUNDATION IS DEDICATED TO SUPPORTING FAMILIES OF CHILDREN NEEDING LIFE-SAVING ORGAN TRANSPLANTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Revenue$0RevenueAmt
DescDURING THE PERIOD BETWEEN APPLICATION FOR TAX EXEMPT STATUS AND RECEIPT OF ITS DETERMINATION LETTER, DONATIONS INTENDED TO BENEFIT THE LANE THOMAS FOUNDATION WERE CONTRIBUTED TO A DONOR-ADVISED FUND (DAF) WITH THE OMAHA COMMUNITY FOUNDATION. THE DAF WAS PREVIOUSLY ESTABLISHED BY MATT AND MELISSA GRAVES IN JUNE OF 2016 IN HONOR OF LANE THOMAS GRAVES (THE "LANE THOMAS DAF"). AT THE REQUEST OF MATT AND MELISSA GRAVES, THE LANE THOMAS DAF MADE GRANTS IN 2017 TO NEBRASKA MEDICINE AND CHILDREN'S HOSPITAL AND MEDICAL CENTER FOR A COMBINED AMOUNT OF $63,154 IN SUPPORT OF 15 FAMILIES. FOLLOWING RECEIPT OF ITS DETERMINATION LETTER IN JUNE OF 2017, THE LANE THOMAS FOUNDATION MADE GRANTS IN 2017 IN THE AMOUNT OF $35,319 (SEE BELOW) TO SOME OF THE SAME FAMILIES AS WELL AS 4 ADDITIONAL FAMILIES -- FOR A COMBINED AMOUNT OF $98,473 IN SUPPORT OF A TOTAL OF 19 FAMILIES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$58,251ExpenseAmt
Grant$35,319GrantAmt
Revenue$0RevenueAmt
DescTHE LANE THOMAS FOUNDATION PROVIDED $35,319 IN NON-MEDICAL FINANCIAL ASSISTANCE TO SUPPORT FAMILIES OF CHILDREN UNDERGOING SOLID ORGAN TRANSPLANTS, ALLOWING THE PARENTS TO FOCUS ON THEIR CHILD WHILE KEEPING THE FAMILY TOGETHER. FAMILIES OFTEN MUST TRAVEL FROM OUT OF STATE TO OBTAIN LIFE-SAVING MEDICAL SERVICES. THEY INCUR TRAVEL EXPENSES AND DUPLICATE LIVING EXPENSES WHILE THEY ARE AWAY FROM THEIR HOME AND OFTEN MUST LEAVE THEIR JOB DUE TO EXTENDED PERIODS OF TIME THEY MUST SPEND IN OMAHA. THE LANE THOMAS FOUNDATION ASSISTS THE FAMILIES WITH EXPENSES EITHER AT HOME (MORTGAGE/RENT, AUTO PAYMENT, UTILITIES) IF A PARENT MUST LEAVE THEIR JOB, AND ANY INCREMENTAL EXPENSES INCURRED TRAVELING TO OMAHA OR DURING THEIR STAY (GAS, AIRFARE, LODGING, FOOD, AND OTHER BASIC LIVING EXPENSES).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$7,966ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTHE LANE THOMAS FOUNDATION WORKED TO IMPROVE PUBLIC AWARENESS AND UNDERSTANDING FOR INCREASED PEDIATRIC ORGAN DONATION TO ULTIMATELY SAVE CHILDREN'S LIVES. THE FOUNDATION PROVIDED INFORMATION AND EDUCATION AT TWO DONOR EVENTS AND PROVIDES INFORMATION REGARDING THE NEED FOR PEDIATRIC ORGAN DONATIONS ON ITS WEBSITE AND SOCIAL PAGES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$66,217TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATTHEW GRAVESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4022005830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121463 WALNUT STREETAddressLine1Txt
CityELKHORNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68022ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MATTHEW GRAVES
CHAIRPERSON40.000.00Yes (X)Yes (X)$0$0$0
MELISSA GRAVES
VICE CHARPERSON20.000.00Yes (X)Yes (X)$0$0$0
DIANE COMPARDO
TREASURER2.000.00Yes (X)Yes (X)$0$0$0
STEPHANIE MATTOON
SECRETARY2.000.00Yes (X)Yes (X)$0$0$0
W DAVID SCOTT
MEMBER1.000.00Yes (X)$0$0$0
DR JEFFREY GOLD
MEMBER1.000.00Yes (X)$0$0$0
DR DAVID MERCER
MEMBER1.000.00Yes (X)$0$0$0
DR KIM DUNCAN
MEMBER1.000.00Yes (X)$0$0$0
DR JOANN SCHAEFER
MEMBER1.000.00Yes (X)$0$0$0
PATRICK GOTTSCH
MEMBER1.000.00Yes (X)$0$0$0
GRETCHEN LITTLEFIELD
MEMBER1.000.00Yes (X)$0$0$0
JOSHUA D'AMARO
MEMBER (THROUGH 10/2017)1.000.00Yes (X)$0$0$0
GEORGE KALOGRIDIS
MEMBER (THROUGH 10/2017)1.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$482,584FundraisingAmt
All Other Contributions$3,108,272AllOtherContributionsAmt
Noncash Contributions$6,993NoncashContributionsAmt
Total Contributions$3,590,856TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,868TotalRevenueColumnAmt
Exclusion$30,868ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$83,927FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$482,584ContriRptFundraisingEventAmt
Fundraising Direct Expenses$161,543FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$77,616TotalRevenueColumnAmt
Exclusion-$77,616ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,544,108TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$46,748ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$35,319TotalAmt
Program Services$35,319ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$26,838TotalAmt
Program Services$16,540ProgramServicesAmt
Management And General$10,298ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,696TotalAmt
Program Services$6,162ProgramServicesAmt
Management And General$2,534ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,239TotalAmt
Management And General$4,239ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,000TotalAmt
Management And General$12,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,735TotalAmt
Management And General$1,640ManagementAndGeneralAmt
Fundraising$1,095FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,011TotalAmt
Program Services$230ProgramServicesAmt
Management And General$1,970ManagementAndGeneralAmt
Fundraising$8,811FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$710TotalAmt
Management And General$710ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$146TotalAmt
Management And General$146ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,502TotalAmt
Program Services$5,850ProgramServicesAmt
Management And General$1,050ManagementAndGeneralAmt
Fundraising$3,602FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$878TotalAmt
Management And General$878ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSPECIAL EVENT FEESDesc
Total$3,052TotalAmt
Program Services$2,116ProgramServicesAmt
Fundraising$936FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$116,126TotalAmt
Program Services$66,217ProgramServicesAmt
Management And General$35,465ManagementAndGeneralAmt
Fundraising$14,444FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$300,446EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$1,269,434EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$216,444EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$2,725EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$173,970LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,502LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$163,468EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$1,768,927EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,721,444EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$101,999EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$101,999EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
EOY$3,619,445EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,619,445EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,721,444EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,427,982ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$17,493NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$173,970DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$3,590,856CurrentTaxYearAmt
Total$3,590,856TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$3,590,856CurrentTaxYearAmt
Total$3,590,856TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$8,279SubstantialContributorsTotAmt
Public Support Total170$3,582,577PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$30,868CurrentTaxYearAmt
Total$30,868TotalAmt
FieldValueIRS element (for citing)
Total Support$3,621,724TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$173,970InvestmentCostOrOtherBasisAmt
Depreciation$10,502DepreciationAmt
Book Value$163,468BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$163,468TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$4,347,235TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$17,493NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$662,836DonatedServicesAndUseFcltsAmt
Other Revenue$122,798OtherRevenueAmt
Revenue Not Reported$803,127RevenueNotReportedAmt
Revenue Subtotal$3,544,108RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,544,108TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$727,790TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$488,866DonatedServicesUseFcltsAmt
Other Expenses Included$122,798OtherExpensesIncludedAmt
Expenses Not Reported$611,664ExpensesNotReportedAmt
Expenses Subtotal$116,126ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$116,126TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:RECLASSIFICATION OF EVENT EXPENDITURES (SEE SCH O).
PART XII, LINE 2D - OTHER ADJUSTMENTS:RECLASSIFICATION OF EVENT EXPENDITURES (SEE SCH O).

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1DINNER & AUCTIONEvent1Nm
Gross Receipts Event1$390,798GrossReceiptsEvent1Amt
Charitable Contri Event1$306,871CharitableContriEvent1Amt
Gross Revenue Event1$83,927GrossRevenueEvent1Amt
Food And Beverage Event1$31,505FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$49,325OtherDirectExpensesEvent1Amt
Event2DINNER & ENTERTAINMENTEvent2Nm
Gross Receipts Event2$175,713GrossReceiptsEvent2Amt
Charitable Contri Event2$175,713CharitableContriEvent2Amt
Rent Facility Costs Event2$11,302RentFacilityCostsEvent2Amt
Food And Beverage Event2$21,390FoodAndBeverageEvent2Amt
Entertainment Event2$42,000EntertainmentEvent2Amt
Other Direct Expenses Event2$6,021OtherDirectExpensesEvent2Amt
Gross Receipts Total$566,511GrossReceiptsTotalAmt
Charitable Contributions Tot$482,584CharitableContributionsTotAmt
Gross Revenue Total Events$83,927GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$11,302RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$52,895FoodAndBeverageTotalEventsAmt
Entertainment Total Events$42,000EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$55,346OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$161,543DirectExpenseSummaryEventsAmt
Net Income Summary-$77,616NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFAMILY SUPPORTGrantTypeTxt
Recipient16RecipientCnt
Cash Grant$35,319CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION HAS A DEDICATED EMPLOYEE, THE DIRECTOR OF FAMILY SUPPORT, TO MANAGE GRANTS AND WORK WITH EACH FAMILY ON THEIR NEEDS. THE GRANTS ARE NOT GIVEN DIRECTLY TO THE FAMILIES, BUT INSTEAD THE FOUNDATION PAYS ESSENTIAL NON-MEDICAL LIVING AND TRAVEL EXPENSES FOR THE FAMILIES DIRECTLY VIA BILL PAY WHERE POSSIBLE. THE GOAL OF FAMILY SUPPORT IS TO RELIEVE FINANCIAL BURDENS FROM THE FAMILY AND TO KEEP THE FAMILIES TOGETHER, SO THEY CAN FOCUS ON THEIR CHILD. FINANCIAL SUPPORT PROVIDED BY THE FOUNDATION WORKS TO REMOVE ANY INCREMENTAL NON-MEDICAL EXPENSES THE FAMILY INCURS FROM BEING IN OMAHA FOR THEIR CHILD'S MEDICAL TREATMENT, AS WELL AS MAKING UP FOR ANY LOST INCOME FOR EXPENSES BACK HOME IF A PARENT NEEDS TO LEAVE THEIR JOB TO BE WITH THEIR CHILD.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2MATTHEW GRAVES AND MELISSA GRAVES - FAMILY RELATIONSHIP. JOSHUA D'AMARO AND GEORGE KALOGRIDIS - BUSINESS RELATIONSHIP (EXECUTIVES WORK AT THE SAME COMPANY.)
FORM 990, PART VI, SECTION B, LINE 11BUPON COMPLETION AND BEFORE FILING FORM 990 WITH THE IRS, THE FOUNDATION WILL PROVIDE AN ELECTRONIC COPY OF THE FINAL FORM 990 TO THE BOARD OF DIRECTORS. ANY QUESTIONS THAT ARISE AS A RESULT OF THEIR REVIEW WILL BE DISCUSSED WITH THE TAX PREPARER. THE FORM 990 WILL NOT BE CONSIDERED COMPLETE UNTIL ALL REVIEW QUESTIONS ARE RESOLVED.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. ALL CONFLICTS OF INTEREST ARE REVIEWED BY THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS. THE ORGANIZATION ALSO CONDUCTS PERIODIC REVIEWS TO ENSURE COMPLIANCE.
FORM 990, PART VI, SECTION B, LINE 15THE FOUNDATION DOES HAVE TENTATIVE PROCEDURES FOR DETERMINING COMPENSATION OF OFFICERS. HOWEVER, THESE PROCEDURES WERE NOT USED DURING THIS FISCAL YEAR BECAUSE NO OFFICERS WERE COMPENSATED.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VIII, LINE 8BTHE LANE THOMAS FOUNDATION HELD TWO FUNDRAISING EVENTS DURING 2017. FOR BOTH EVENTS, THE EVENT DIRECT EXPENSES WERE UNDERWRITTEN BY DONORS PRIOR TO THE EVENTS. THE FOUNDATION INCURRED NO OUT-OF-POCKET EXPENSES FOR THE FUND-RAISING EVENTS.
FORM 990. PART XII, LINE 2C:THE TREASURER AND CEO OVERSEE THE SELECTION PROCESS FOR THE INDEPENDENT ACCOUNTANT AND THE TREASURER AND FINANCE COMMITTEE OVERSEE THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS.

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