Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 08-01-2012 , and ending 07-31-2013
Name of foundation
THE LINCOLN-LANE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)207 GRANBY STREETROOM/SUITE 302Room/suite
City or town, state, and ZIP code
NORFOLK, VA23510
A Employer identification number

54-0601700
B Telephone number (see instructions)

(757) 622-2557
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,152,364J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 26,000
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 189,556 189,556  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 185,313
b Gross sales price for all assets on line 6a 1,247,565
7 Capital gain net income (from Part IV, line 2)... 185,313
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 400,869 374,869  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 111,204 22,240   88,964
14 Other employee salaries and wages...... 42,000 8,400   33,600
15 Pension plans, employee benefits....... 10,251 2,050   8,201
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 26,018 26,018    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 3,768 13   12
19 Depreciation (attach schedule) and depletion... Click to see attachment 937 937  
20 Occupancy.............. 8,086 1,617   6,469
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 2,960 592   2,368
23 Other expenses (attach schedule)....... Click to see attachment 6,223 1,245   4,978
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 211,447 63,112   144,592
25 Contributions, gifts, grants paid........ 377,000 377,000
26 Total expenses and disbursements. Add lines 24 and 25 588,447 63,112   521,592
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -187,578
b Net investment income (if negative, enter -0-) 311,757
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 230,152 215,899 215,899
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,046,730 Click to see attachment3,182,701 3,984,390
c Investments—corporate bonds (attach schedule)........ 3,079,380 Click to see attachment2,771,211 2,949,477
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet11,319
Less: accumulated depreciation (attach schedule) bullet9,163 3,092 Click to see attachment2,156 2,156
15 Other assets (describe bullet) Click to see attachment442 Click to see attachment442 Click to see attachment442
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,359,796 6,172,409 7,152,364
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,285 Click to see attachment4,476
23 Total liabilities (add lines 17 through 22).......... 4,285 4,476
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,211,671 1,237,671
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 5,143,840 4,930,262
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,355,511 6,167,933
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,359,796 6,172,409
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 6,355,511
2 Enter amount from Part I, line 27a..................... 2 -187,578
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,167,933
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,167,933
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 467.990 SH FIRST EAGLE GLOBAL FD. P 2008-01-29 2013-07-23
b 93.135 SH CENTER COAST MLP P 2011-04-07 2012-10-04
c 406.717 SH FIRST EAGLE GLOBAL FD. P 2008-01-29 2012-12-06
d 226.236 SH PRINCIPAL HY FD. P 2012-07-31 2013-04-11
e 54.058 SH PRINCIPAL HY FD. P 2008-08-29 2013-04-11
283.229 SH PRINCIPAL HY FD. P 2009-10-30 2013-04-11
165.137 SH PRINCIPAL HY FD. P 2010-12-10 2013-04-11
320.085 SH PRINCIPAL HY FD. P 2011-12-30 2013-04-11
1,896.813 SH FT GLOBAL BOND FD. P 2005-10-05 2013-07-23
35.845 SH FIRST EAGLE GLOBAL FD. P 2008-01-29 2012-10-04
1,699.348 SH FT GLOBAL BOND FD. P 2005-10-05 2012-12-06
269.379 SH PRINCIPAL HY FD. P 2012-08-31 2013-04-11
238.753 SH PRINCIPAL HY FD. P 2008-09-30 2013-04-11
288.280 SH PRINCIPAL HY FD. P 2009-11-30 2013-04-11
399.637 SH PRINCIPAL HY FD. P 2010-12-31 2013-04-11
226.782 SH PRINCIPAL HY FD. P 2012-01-31 2013-04-11
310.078 SH JP MORGAN MID CAP VALUE P 2005-10-05 2013-07-05
60.188 SH JP MORGAN MID CAP VALUE P 2005-10-05 2012-10-04
537.945 SH JP MORGAN MID CAP VALUE P 2005-10-05 2012-12-06
216.204 SH PRINCIPAL HY FD. P 2012-09-28 2013-04-11
336.898 SH PRINCIPAL HY FD. P 2008-10-31 2013-04-11
387.322 SH PRINCIPAL HY FD. P 2009-12-31 2013-04-11
250.860 SH PRINCIPAL HY FD. P 2011-01-31 2013-04-11
222.053 SH PRINCIPAL HY FD. P 2012-02-29 2013-04-11
1,016.949 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2013-07-05
41.948 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2012-10-04
2,569.641 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2012-12-06
267.644 SH PRINCIPAL HY FD. P 2012-10-31 2013-04-11
354.544 SH PRINCIPAL HY FD. P 2008-11-28 2013-04-11
285.172 SH PRINCIPAL HY FD. P 2010-01-29 2013-04-11
234.625 SH PRINCIPAL HY FD. P 2011-02-28 2013-04-11
247.349 SH PRINCIPAL HY FD. P 2012-03-30 2013-04-11
661.376 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2013-07-23
128.762 SH MFS EMERG. MKTS. FD. P 2010-02-04 2012-10-04
1,411.718 SH MFS EMERGING MARKETS P 2010-02-04 2012-12-06
287.363 SH PRINCIPAL HY FD. P 2012-11-30 2013-04-11
395.691 SH PRINCIPAL HY FD. P 2008-12-31 2013-04-11
320.132 SH PRINCIPAL HY FD. P 2010-02-26 2013-04-11
258.637 SH PRINCIPAL HY FD. P 2011-03-31 2013-04-11
UBS BASIS ADJUSTMENT P 2011-08-01 2013-07-31
1,612.903 SH MFS VALUE FD. P 2008-10-30 2013-07-23
208.913 SH MFS VALUE FD. P 2008-10-30 2012-10-04
1,289.577 SH MFS VALUE FD. P 2008-10-30 2012-12-06
283.030 SH PRINCIPAL HY FD. P 2012-12-19 2013-04-11
356.142 SH PRINCIPAL HY FD. P 2009-01-30 2013-04-11
317.300 SH PRINCIPAL HY FD. P 2010-03-31 2013-04-11
246.626 SH PRINCIPAL HY FD. P 2011-04-29 2013-04-11
276.721 SH THORNBURG INT. VALUE FD. P 2008-01-29 2013-07-30
76.790 SH AF NEW WORLD P 2005-10-05 2012-10-31
1,483.926 SH PRINCIPAL HY FD. P 2008-08-22 2012-12-06
68.758 SH PRINCIPAL HY FD. P 2012-12-19 2013-04-11
2,275.820 SH PRINCIPAL HY FD. P 2009-02-12 2013-04-11
314.641 SH PRINCIPAL HY FD. P 2010-04-30 2013-04-11
242.695 SH PRINCIPAL HY FD. P 2011-05-31 2013-04-11
4,012.841 SH WELLS FARGO PREM. LARGE P 2012-02-08 2013-07-23
88.548 SH BLACKROCK UP OPPS. P 2007-11-06 2012-10-31
630.290 SH BLACKROCK CORE BOND FD. P 2005-10-05 2013-01-24
307.831 SH PRINCIPAL HY FD. P 2012-12-31 2013-04-11
370.107 SH PRINCIPAL HY FD. P 2009-02-27 2013-04-11
310.785 SH PRINCIPAL HY FD. P 2010-05-28 2013-04-11
257.104 SH PRINCIPAL HY FD. P 2011-06-20 2013-04-11
358.337 SH BLACKROCK US OPPS. FD. P 2007-11-06 2013-07-23
370.645 SH FT GLOBAL FD. P 2005-10-05 2012-10-31
1,530.612 SH BLACKROCK CORE BOND FD. P 2005-10-05 2013-01-24
232.909 SH PRINCIPAL HY FD. P 2013-01-31 2013-04-11
398.297 SH PRINCIPAL HY FD. P 2009-03-31 2013-04-11
321.898 SH PRINCIPAL HY FD. P 2010-06-30 2013-04-11
259.187 SH PRINCIPAL HY FD. P 2011-07-29 2013-04-11
2,637.131 SH BLACKROCK CORE BOND FD. P 2005-10-05 2013-07-23
108.3735 SH JP MORGAN MID CAP VALUE P 2005-10-05 2012-10-31
652.316 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2013-01-24
217.938 SH PRINCIPAL HY FD. P 2013-02-28 2013-04-11
405.171 SH PRINCIPAL HY FD. P 2009-04-30 2013-04-11
320.907 SH PRINCIPAL HY FD. P 2010-07-30 2013-04-10
272.663 SH PRINCIPAL HY FD. P 2011-08-31 2013-04-11
312.032 SH WELLS FARGO PREM. LARGE P 2012-02-08 2012-10-04
667.557 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2012-10-31
985.545 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2013-03-13
232.349 SH PRINCIPAL HY FD. P 2013-03-28 2013-04-11
412.025 SH PRINCIPAL HY FD. P 2009-05-29 2013-04-11
298.589 SH PRINCIPAL HY FD. P 2010-08-31 2013-04-11
272.045 SH PRINCIPAL HY FD. P 2011-09-30 2013-04-11
38.215 SH AF NEW WORLD P 2005-10-05 2012-10-04
268.662 SH AF NEW WORLD P 2005-10-05 2012-12-06
1,254.705 SH PRINCIPAL HY FD. P 2008-08-22 2013-03-13
12,703.252 SH BLACKROCK CORE BOND P 2005-10-05 2013-04-15
428.682 SH PRINCIPAL HY FD. P 2009-06-30 2013-04-11
297.912 SH PRINCIPAL HY FD. P 2010-09-30 2013-04-11
236.905 SH PRINCIPAL HY FD. P 2011-10-31 2013-04-11
23.325 SH BLACKROCK US OPPS. P 2007-11-06 2012-10-04
174.846 SH BLACKROCK US OPPS. P 2007-11-06 2012-12-06
220.240 SH PRINCIPAL HY FD. P 2012-04-30 2013-04-11
6036.746 SH BLACKROCK CORE BOND P 2005-10-05 2013-04-23
411.480 SH PRINCIPAL HY FD. P 2009-07-31 2013-04-11
305.722 SH PRINCIPAL HY FD. P 2010-10-29 2013-04-11
233.726 SH PRINCIPAL HY FD. P 2011-11-30 2013-04-11
590.997 SH BLACKROCK CORE BOND FD. P 2005-10-05 2012-10-24
20.387 SH BLACKROCK CORE BOND FD. P 2005-10-05 2012-12-11
246.236 SH PRINCIPAL HY FD. P 2012-05-31 2013-04-11
11,285.062 SH LOOMIS SAYLES BOND FD. P 2006-11-02 2013-04-15
318.656 SH PRINCIPAL HY FD. P 2009-08-31 2013-04-11
284.236 SH PRINCIPAL HY FD. P 2010-11-30 2013-04-11
1,189.272 SH PRINCIPAL HY FD. P 2011-12-19 2013-04-11
58.122 SH BLACKROCK GLOBAL ALLOC. FD P 2008-01-29 2012-10-04
751.502 SH BLACKROCK GLOBAL ALLOC. P 2008-01-29 2012-12-06
245.227 SH PRINCIPAL HY FD. P 2012-06-29 2013-04-11
21,137.058 SH PRINCIPAL HY FD. P 2008-08-22 2013-04-11
298.775 SH PRINCIPAL HY FD. P 2009-09-30 2013-04-11
607.361 SH PRINCIPAL HY FD. P 2010-12-10 2013-04-11
207.771 SH PRINCIPAL HY FD. P 2011-12-19 2013-04-11
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 25,000   20,114 4,886
b 973   961 12
c 20,230   17,481 2,749
d 1,812   1,747 65
e 433   416 17
2,269   2,155 114
1,323   1,311 12
2,564   2,365 199
25,000   19,613 5,387
1,788   1,541 247
23,162   17,571 5,591
2,150   2,080 70
1,912   1,671 241
2,309   2,200 109
3,201   3,185 16
1,817   1,717 100
10,000   7,119 2,881
1,668   1,382 286
14,949   12,351 2,598
1,732   1,689 43
2,699   2,048 651
3,102   3,009 93
2,009   2,029 -20
1,779   1,708 71
15,000   14,583 417
629   602 27
38,831   36,846 1,985
2,144   2,098 46
2,840   2,039 801
2,284   2,224 60
1,879   1,910 -31
1,981   1,887 94
10,000   9,484 516
2,090   1,803 287
23,237   19,764 3,473
2,302   2,262 40
3,169   2,370 799
2,564   2,491 73
2,072   2,098 -26
1,097     1,097
50,000   28,919 21,081
5,425   3,746 1,679
32,755   23,122 9,633
2,267   2,236 31
2,853   2,201 652
2,542   2,519 23
1,975   2,020 -45
8,000   8,230 -230
4,000   2,869 1,131
11,753   11,382 371
551   543 8
18,229   14,156 4,073
2,520   2,527 -7
1,944   1,983 -39
50,000   40,811 9,189
3,000   3,286 -286
6,177   6,063 114
2,466   2,423 43
2,965   2,210 755
2,489   2,390 99
2,059   2,067 -8
15,000   13,298 1,702
5,000   3,832 1,168
15,000   14,724 276
1,866   1,849 17
3,190   2,402 788
2,578   2,482 96
2,076   2,089 -13
25,000   25,369 -369
3,000   2,497 503
10,000   9,354 646
1,746   1,730 16
3,245   2,650 595
2,570   2,545 25
2,184   2,086 98
3,463   3,176 287
10,000   9,573 427
15,000   14,133 867
1,861   1,852 9
3,300   2,839 461
2,392   2,356 36
2,179   2,000 179
2,006   1,428 578
14,347   10,037 4,310
10,000   9,624 376
125,000   122,205 2,795
3,434   2,992 442
2,386   2,401 -15
1,898   1,829 69
810   866 -56
6,025   6,489 -464
1,764   1,689 75
5,941   5,808 133
3,296   3,012 284
2,449   2,501 -52
1,872   1,755 117
5,792   5,685 107
200   196 4
1,972   1,849 123
173,000   161,828 11,172
2,552   2,336 216
2,277   2,291 -14
9,502   8,707 795
1,147   1,123 24
14,714   14,527 187
1,964   1,869 95
169,308   162,121 7,187
2,393   2,274 119
4,865   4,822 43
1,664   1,525 139
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       4,886
b       12
c       2,749
d       65
e       17
      114
      12
      199
      5,387
      247
      5,591
      70
      241
      109
      16
      100
      2,881
      286
      2,598
      43
      651
      93
      -20
      71
      417
      27
      1,985
      46
      801
      60
      -31
      94
      516
      287
      3,473
      40
      799
      73
      -26
      1,097
      21,081
      1,679
      9,633
      31
      652
      23
      -45
      -230
      1,131
      371
      8
      4,073
      -7
      -39
      9,189
      -286
      114
      43
      755
      99
      -8
      1,702
      1,168
      276
      17
      788
      96
      -13
      -369
      503
      646
      16
      595
      25
      98
      287
      427
      867
      9
      461
      36
      179
      578
      4,310
      376
      2,795
      442
      -15
      69
      -56
      -464
      75
      133
      284
      -52
      117
      107
      4
      123
      11,172
      216
      -14
      795
      24
      187
      95
      7,187
      119
      43
      139
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 185,313
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 968
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 546,258 6,697,007 0.081567
2010 523,680 6,808,601 0.076914
2009 512,649 6,807,965 0.075301
2008 524,434 6,208,282 0.084473
2007 508,707 8,661,231 0.058734
2 Total of line 1, column (d) ...................... 2 0.376989
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.075398
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 6,828,529
5 Multiply line 4 by line 3....................... 5 514,857
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,118
7 Add lines 5 and 6......................... 7 517,975
8 Enter qualifying distributions from Part XII, line 4.............. 8 521,592
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,118
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 3,118
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,118
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 2,820
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,820
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 298
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.Click to see attachment
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletLINCOLNLANE@EARTHLINK.NET
    14
    The books are in care ofbulletEDITH GRANDY Telephone no.bullet (757) 622-2557
    Located atbullet207 GRANBY STREET STE 302NORFOLKVA ZIP+4bullet23510
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    RUTH P ACRAClick to see attachment PRESIDENT
    1.00     		4,800 0 0
    7811 NORTH SHORE ROAD
    NORFOLK,VA23505
    WALTER M MOORE IVClick to see attachment V/P
    1.00     		4,800 0 0
    1420 ARMISTEAD BRIDGE ROAD
    NORFOLK,VA23507
    JOHN M ANKERSONClick to see attachment DIRECTOR
    1.00     		4,800 0 0
    1450 WESTOVER AVENUE
    NORFOLK,VA23507
    PATRICIA J SHOTTONClick to see attachment DIRECTOR
    1.00     		4,800 0 0
    205 75TH STREET
    VIRGINIA BEACH,VA234511911
    EDITH G GRANDYClick to see attachment SEC./TREA.
    40.00     		92,004 0 0
    606 WEST MOWBRAY COURT
    NORFOLK,VA23507
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,889,140
    b
    Average of monthly cash balances.......................
    1b
    40,310
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,067
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,932,517
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,932,517
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    103,988
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,828,529
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    341,426
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    341,426
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    3,118
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,118
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    338,308
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    338,308
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    338,308
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    521,592
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    521,592
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    3,118
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    518,474
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 338,308
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 85,505
    b From 2008....... 217,624
    c From 2009....... 174,811
    d From 2010....... 187,016
    e From 2011....... 217,034
    fTotal of lines 3a through e......... 881,990
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 521,592
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 338,308
    e Remaining amount distributed out of corpus 183,284
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,065,274
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		85,505
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		979,769
    10 Analysis of line 9:
    a Excess from 2008.... 217,624
    b Excess from 2009.... 174,811
    c Excess from 2010.... 187,016
    d Excess from 2011.... 217,034
    e Excess from 2012.... 183,284
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    LINCLON-LANE FOUNDATION
    207 GRANBY STREET STE 302
    ATTN EDITH GRANDY
    NORFOLK,VA23510
    (757) 622-2557
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER TO BE SUBMITTED TO FOUNDATION REQUESTING APPLICATION FORM.
    cAny submission deadlines:
    BETWEEN OCTOBER 1ST & NOVEMBER 15TH OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANTS MUST BE RESIDENTS OF THE TIDEWATER REGION OF VIRGINIA AND MUST DEMONSTRATE HIGH SCHOLASTIC ACHIEVEMENT AND FINANCIAL NEED.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SCHOLARSHIPS
    VARIOUS UNIV/COL
    VARIOUS,VA23510     		NONE INDIVIDUALS SCHOLARSHIPS - SCHEDULE ATTTACHED 377,000
    Total .................................bullet 3a 377,000
    bApproved for future payment
    SCHOLARSHIPS
    VARIOUS UNIV/COL
    VARIOUS,VA23510     		NONE INDIVIDUALS SCHOLARSHIPS - SCHEDULE ATTACHED 383,500
    Total .................................bullet 3b 383,500
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 189,556  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 185,313  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   374,869  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13374,869
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    THE LINCOLN-LANE FOUNDATION
     
    Employer identification number

    54-0601700
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    THE LINCOLN-LANE FOUNDATION
          		Employer identification number

    54-0601700
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    J W COFER TRUST    
    860 CRAIG FOREST LANE
       
    KIRKWOOD, MO   63122

    		$25,000


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    THE LINCOLN-LANE FOUNDATION
          		Employer identification number

    54-0601700
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    THE LINCOLN-LANE FOUNDATION
          		Employer identification number

    54-0601700
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2012 CompensationExplanation
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Person Name Explanation
    RUTH P ACRA  
    WALTER M MOORE IV  
    JOHN M ANKERSON  
    PATRICIA J SHOTTON  
    EDITH G GRANDY  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 DepreciationSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNISHINGS & FIXTURES 2001-08-11 3,579 3,579 S/L 10.0000        
    WATER COOLER - NIKKEN 2005-07-05 349 349 S/L 7.0000        
    DELL COMPUTER 2005-11-21 1,994 1,994 S/L 5.0000        
    LASERJET PRINTER 2005-12-08 945 945 S/L 5.0000        
    TELEPHONE/INTERNET LINES 2010-10-28 1,700 595 S/L 5.0000 340 340    
    SONICWALL FIREWALL 2011-05-19 1,377 536 S/L 3.0000 459 459    
    OFFICE FURNITURE - EG 2010-12-15 1,375 229 S/L 10.0000 138 138    

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VARIOUS BOND MUTUAL FDS. 2,771,211 2,949,477

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS EQUITY MUTUAL FDS. 3,182,701 3,984,390

    TY 2012 LandEtcSchedule2
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNISHINGS & EQUIPMENT 11,319 9,163 2,156 2,156


    TY 2012 OtherAssetsSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 442 442 442


    TY 2012 OtherExpensesSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES & SUBSCRIPTIONS 1,875 375   1,500
    INSURANCE 1,031 206   825
    PARKING 1,020 204   816
    TELEPHONE 2,199 440   1,759
    BANK CHARGES 98 20   78


    TY 2012 OtherLiabilitiesSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES WITHHELD 4,285 4,476


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FINANCIAL MANAGERS 26,018 26,018    


    TY 2012 SubstantialContributorsSch
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Name Address
    J W COFER TRUST 860 CRAIG FOREST LANE
    KIRKWOOD,MO63122


    TY 2012 TaxesSchedule
    Name:
    THE LINCOLN-LANE FOUNDATION
    EIN: 54-0601700
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE REGISTRATION 25 13   12
    FEDERAL EXCISE TAX 3,743