LANE THOMAS FOUNDATION: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
LANE THOMAS FOUNDATION (EIN 81-4544601)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-13
IRS object ID
202631039349301323
Schema version
2025v4.1
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

FieldValueIRS element (for citing)
Return2026-04-13T13:24:39-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450250958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Eide Bailly LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118081 Burt St Ste 200AddressLine1Txt
CityOmahaCityNm
State AbbreviationNEStateAbbreviationCd
ZIP680224722ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

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 Line1PO Box 540365AddressLine1Txt
CityOmahaCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMatthew GravesPersonNm
Person TitleCEO and Chairman of the BoardPersonTitleTxt
Phone4022005830PhoneNum
Signature2026-04-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWendy R Cooley CPAPreparerPersonNm
PTINP01523804PTIN
Phone4023302660PhoneNum
Preparation2026-04-13PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMatthew GravesPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 540365AddressLine1Txt
CityOmahaCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68154ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$482,091GrossReceiptsAmt
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 support to families with children in need of life-saving transplants. The Foundation also focuses on raising awareness about the critical need for pediatric organ donation.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$149,978PYContributionsGrantsAmt
CY Contributions Grants$160,360CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$258,764PYInvestmentIncomeAmt
CY Investment Income$321,731CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$408,742PYTotalRevenueAmt
CY Total Revenue$482,091CYTotalRevenueAmt
PY Grants And Similar Paid$116,057PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$125,871CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,778PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,670CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,655CYTotalFundraisingExpenseAmt
PY Other Expenses$24,862PYOtherExpensesAmt
CY Other Expenses$16,949CYOtherExpensesAmt
PY Total Expenses$149,697PYTotalExpensesAmt
CY Total Expenses$151,490CYTotalExpensesAmt
PY Revenues Less Expenses$259,045PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$330,601CYRevenuesLessExpensesAmt
Total Assets BOY$6,666,178TotalAssetsBOYAmt
Total Assets EOY$7,501,413TotalAssetsEOYAmt
Total Liabilities BOY$10,360TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,855TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,655,818NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,484,558NetAssetsOrFundBalancesEOYAmt
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 transplants.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$127,301ExpenseAmt
Grant$125,871GrantAmt
DescThe Lane Thomas Foundation provided $125,871 in non-medical financial assistance to support 25 families of children undergoing solid organ or bone marrow 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 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 at home (mortgage/rent, auto payment, auto insurance, cell phone, utilities) while the child is in the hospital during their transplant journey.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$142ExpenseAmt
DescThe Lane Thomas Foundation works to improve public awareness and understanding for increased pediatric organ donation to ultimately save children's lives. The Foundation provided information and education at 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$127,443TotalProgramServiceExpensesAmt
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
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
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 Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1EmployeeCnt
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
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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 Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
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 Line1Brandi MillerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4023124937PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121501 Walnut StAddressLine1Txt
CityElkhornCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68022ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Matthew Graves
Chairman40.00Yes (X)Yes (X)$0$0$0
Melissa Graves
Vice Chairman20.00Yes (X)Yes (X)$0$0$0
Diane Compardo
Treasurer2.00Yes (X)Yes (X)$0$0$0
Dr Jeffrey Gold
Board Member1.00Yes (X)$0$0$0
Dr Joann Schaefer
Board Member1.00Yes (X)$0$0$0
Julie Phillips
Board Member1.00Yes (X)$0$0$0
Greg Oswald
Board Member1.00Yes (X)$0$0$0
Angie Gottsch
Board Member1.00Yes (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
All Other Contributions$160,360AllOtherContributionsAmt
Total Contributions$160,360TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$321,731TotalRevenueColumnAmt
Exclusion$321,731ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$482,091TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$321,731ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$125,871TotalAmt
Program Services$125,871ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,054TotalAmt
Program Services$1,430ProgramServicesAmt
Management And General$6,229ManagementAndGeneralAmt
Fundraising$395FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$616TotalAmt
Management And General$616ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$598TotalAmt
Management And General$598ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,858TotalAmt
Management And General$6,858ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,782TotalAmt
Management And General$460ManagementAndGeneralAmt
Fundraising$1,322FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$312TotalAmt
Management And General$248ManagementAndGeneralAmt
Fundraising$64FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,553TotalAmt
Management And General$4,137ManagementAndGeneralAmt
Fundraising$416FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$178TotalAmt
Program Services$142ProgramServicesAmt
Management And General$18ManagementAndGeneralAmt
Fundraising$18FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,228TotalAmt
Management And General$2,228ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEvent FeesDesc
Total$440TotalAmt
Fundraising$440FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$151,490TotalAmt
Program Services$127,443ProgramServicesAmt
Management And General$21,392ManagementAndGeneralAmt
Fundraising$2,655FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$176,310BOYAmt
EOY$183,231EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,400BOYAmt
EOY$33,600EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,557BOYAmt
EOY$2,113EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$178BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,462,733BOYAmt
EOY$7,282,469EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,666,178BOYAmt
EOY$7,501,413EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$10,360BOYAmt
EOY$16,855EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,360BOYAmt
EOY$16,855EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,655,818BOYAmt
EOY$7,484,558EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,655,818BOYAmt
EOY$7,484,558EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,666,178BOYAmt
EOY$7,501,413EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$330,601ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$498,139NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
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 Minus4 Years$606,694CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$178,760CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$210,387CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$149,978CurrentTaxYearMinus1YearAmt
Current Tax Year$160,360CurrentTaxYearAmt
Total$1,306,179TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$606,694CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$178,760CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$210,387CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$149,978CurrentTaxYearMinus1YearAmt
Current Tax Year$160,360CurrentTaxYearAmt
Total$1,306,179TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$28,268SubstantialContributorsTotAmt
Public Support Total170$1,277,911PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$167,373CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$115,779CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$166,783CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$258,764CurrentTaxYearMinus1YearAmt
Current Tax Year$321,731CurrentTaxYearAmt
Total$1,030,430TotalAmt
FieldValueIRS element (for citing)
Total Support$2,336,609TotalSupportAmt
Public Support CY1700.54690PublicSupportCY170Pct
Public Support PY1700.59700PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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 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
Recipient25RecipientCnt
Cash Grant$125,871CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe Foundation manages grants and works with each family on their specific needs. The grants are not given directly to the families, but instead the Foundation pays essential non-medical living expenses for the families directly via bill pay. The goal of family support is to relieve financial burdens from the family, so they can focus on their child. Financial support provided by the Foundation focuses on back home expenses like mortgage/rent, utilites, auto-insurance, auto-payment and cellphone because often times the parent or parents need to leave their job to be with their child.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2Matthew Graves and Melissa Graves have a family relationship.
Form 990, Part VI, Section A, line 8bThere are no committees with authority to act on behalf of the governing body.
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 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. If it is determined that a conflict of interest exists, the interested person may make a presentation of the transaction or arrangement, but recuses himself/herself during the discussion and vote on the transaction or arrangement. Alternative transactions or arrangements will be investigated by disinterested parties on the governing board or committee. If a more advantageous arrangement cannot be found, the disinterested remaining directors will vote on whether to enter into the transaction.
Form 990, Part VI, Section B, line 15The Foundation has 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.

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