Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 04-01-2018 , and ending 03-31-2019
Name of foundation
THE MINNIE AND BERNARD LANE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 359
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALTAVISTA, VA24517
A Employer identification number

54-6052404
B Telephone number (see instructions)

(434) 369-6663
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,714,003J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,048 4,048  
4 Dividends and interest from securities... 79,902 71,668  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 146,778
b Gross sales price for all assets on line 6a 213,995
7 Capital gain net income (from Part IV, line 2)... 146,778
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........ 230,728 222,494  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,411 0   0
c Other professional fees (attach schedule).... Click to see attachment 7,025 7,025   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,793 1,052   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 3,000 0   0
21 Travel, conferences, and meetings....... 81 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,634 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,944 8,077   0
25 Contributions, gifts, grants paid....... 239,350 239,350
26 Total expenses and disbursements. Add lines 24 and 25 265,294 8,077   239,350
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -34,566
b Net investment income (if negative, enter -0-) 214,417
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 3,701 8,810 8,810
2 Savings and temporary cash investments......... 425,056 449,520 449,520
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 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)....... 2,329,613 Click to see attachment2,265,474 3,813,730
c Investments—corporate bonds (attach schedule)....... 461,940 Click to see attachment461,940 441,943
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 bullet16,744
Less: accumulated depreciation (attach schedule) bullet16,744      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,220,310 3,185,744 4,714,003
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 3,220,310 3,185,744
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 3,220,310 3,185,744
31 Total liabilities and net assets/fund balances (see instructions). 3,220,310 3,185,744
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
3,220,310
2
Enter amount from Part I, line 27a .....................
2
-34,566
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,185,744
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,185,744
Form 990-PF (2018)
Form 990-PF (2018)
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 ISHARES RUSSELL 3000ETF P   2019-03-21
b VANGUARD TOTAL STOCK MARKET ETF P   2019-03-21
c CLASS ACTION PROCEEDS - VARIOUS P   2019-03-31
d CAPITAL GAINS DIVIDENDS P    
e
(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 75,168   33,622 41,546
b 75,691   33,595 42,096
c 5,965     5,965
d 57,171     57,171
e
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       41,546
b       42,096
c       5,965
d       57,171
e
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 2 146,778
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  
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 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))
2017 235,650 5,233,612 0.045026
2016 207,546 4,300,139 0.048265
2015 258,865 4,307,189 0.060101
2014 266,480 4,540,407 0.058691
2013 383,964 4,447,236 0.086338
2
Total of line 1, column (d) .....................
2
0.298421
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.059684
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,966,175
5
Multiply line 4 by line 3......................
5
296,401
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,144
7
Add lines 5 and 6........................
7
298,545
8
Enter qualifying distributions from Part XII, line 4,.............
8
239,350
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 4,288
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 0
3 Add lines 1 and 2........................... 3 4,288
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,288
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,800
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,488
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 2019 estimated taxBullet   RefundedBullet 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 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
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 2018 or the taxable year beginning in 2018? See the 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. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletN/A
    14
    The books are in care ofbulletDOUGLAS LANE TRUSTEE Telephone no.bullet (434) 369-6663

    Located atbullet414 WASHINGTON STREETALTAVISTAVA ZIP+4bullet24517
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 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 2018?.............
    1c
     
    No
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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 4945(d)(4)(A)? 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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    DOUGLAS LANE TRUSTEE
    2.00     		0 0 0
    PO BOX 359
    ALTAVISTA,VA24517
    RICK LANE TRUSTEE
    2.00     		0 0 0
    PO BOX 359
    ALTAVISTA,VA24517
    LUCY LANE CORWIN TRUSTEE
    2.00     		0 0 0
    PO BOX 359
    ALTAVISTA,VA24517
    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 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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.............bullet0
    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 N/A 0
    2  
    3  
    4  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    4,628,335
    b
    Average of monthly cash balances.......................
    1b
    413,467
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,041,802
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,041,802
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    75,627
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,966,175
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    248,309
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    248,309
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,288
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,288
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    244,021
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    244,021
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    244,021
    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
    239,350
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    239,350
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    239,350
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 244,021
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 163,282
    b From 2014...... 40,522
    c From 2015...... 45,514
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 249,318
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 239,350
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 239,350
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 4,671 4,671
    (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 5 244,647
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		158,611
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		86,036
    10 Analysis of line 9:
    a Excess from 2014.... 40,522
    b Excess from 2015.... 45,514
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 address of the person to whom applications should be addressed:
    THE MINNIE AND BERNARD LANE FOUNDAT
    PO BOX 359
    ALTAVISTA,VA24517
    (434) 369-6663
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED IN WRITING AND SHOULD INCLUDE THE APPLICANT'S NAME AND ADDRESS, THE CHARITABLE PURPOSE OF THE ORGANIZATION, THE AMOUNT OF AWARD REQUESTED, AND AN EXPLANATION WHY THE AWARD IS NEEDED BY THE ORGANIZATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE AVAILABLE TO ANY ORGANIZATION TO WHICH A CONTRIBUTION IS ALLOWABLE UNDER THE APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    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
    ACADEMY CENTER OF THE ARTS
    600 MAIN STREET
    LYNCHBURG,VA24504     		  PC SUPPORT FOR RESTORATION OF HISTORIC THEATRE 1,000
    ALLIANCE DEFENDING FREEDOM
    15100 N 90TH STREET
    SCOTTSDALE,AZ85260     		  PC PRESERVE, PROMOTE RELIGIOUS FREEDOM, SANCTITY OF LIFE, MARRIAGE, FAMILY IN THE PUBLIC SQUARE 500
    ALTAVISTA AREA HABITAT FOR HUMANITY
    PO BOX 232
    ALTAVISTA,VA24517     		  PC SUPPORT FOR SAFE, AFFORDABLE HOUSING FOR NEEDY FAMILIES IN COMMUNITY 5,000
    ALTAVISTA AREA YMCA
    PO BOX 149
    ALTAVISTA,VA24517     		  PC GENERAL FUNDING FOR SERVICES 20,000
    ALTAVISTA HIGHMIDDLE COMBINED SCHOOL
    904 BEDFORD AVENUE
    ALTAVISTA,VA24517     		  PC ROBOTICS TEAM 5279 300
    ALTAVISTA ROTARY CLUB
    PO BOX 711
    ALTAVISTA,VA24517     		  PC FOOD FOR NEEDY FAMILIES IN THE COMMUNITY 500
    AMAZEMENT SQUARE
    27 NINTH STREET
    LYNCHBURG,VA24504     		  PC SUPPORT FOR CHILDREN'S MUSEUM MEMORIAL FOR BARBARA DIXON 1,500
    AUSTIN INSTITUTE
    3206 FAIRFAX WALK
    AUSTIN,TX78705     		  PC STUDY OF FAMILY AND CULTURE 1,000
    AVOCA
    1514 MAIN STREET
    ALTAVISTA,VA24517     		  PC SUPPORT FOR EDUCATIONAL/HISTORICAL MUSEUM 5,000
    BLUE RIDGE PREGNANCY CENTER
    1915 THOMPSON DRIVE
    LYNCHBURG,VA24501     		  PC MINISTRY TO FAMILIES & SUPPORT DURING PREGNANCY 2,000
    CAMPBELL COUNTY HISTORICAL SOCIETY
    PO BOX 595
    RUSTBURG,VA24588     		  GOV COMMUNITY MUSEUM & GENEALOGICAL RESOURCE CENTER 250
    CAMPBELL COUNTY SOCIAL SERVICES
    PO BOX 860
    RUSTBURG,VA24588     		  GOV COMMUNITY SERVICE FUND FOR NEEDY FAMILIES-CHRISTMAS BASKETS 500
    CAMPUS OUTREACH OF LYNCHBURG VA
    2436 RIVERMONT AVENUE
    LYNCHBURG,VA24503     		  PC MINISTRY ON COLLEGE CAMPUS 1,500
    CASA OF CENTRAL VA
    PO BOX 11373
    LYNCHBURG,VA24501     		  PC SUPPORT FOR PLACING ABUSED & NEGLECTED CHILDREN IN SAFE NURTURING HOMES 2,000
    CHRYSALIS INTERNATIONAL INC
    10524 MOSS PARK ROAD 650
    ORLANDO,FL32832     		  PC MISSION TO DISCIPLE NATIONS THROUGH CHRISTIAN EDUCATION 35,000
    COMMUNITY CONNECTED OPEN TABLE
    828 MAIN STREET UNIT 1703
    LYNCHBURG,VA24504     		  PC HELP FAMILIES CONFRONTING POVERTY, AGING OUT OF FOSTER CARE, LIFE CHALLENGES 5,000
    CORINTH REFORMED CHURCH
    150 16TH AVENUE NW
    HICKORY,NC28601     		  PC RESTRICTED-LANE MISSION HOUSE 2,000
    CORNERSTONE COUNSELING
    439 1ST AVENUE NW
    HICKORY,NC28601     		  PC SEMINAR ROOM PROJECT 17,500
    DAWN
    PO BOX 325
    ALTAVISTA,VA24517     		  PC FOOD FOR NEEDY FAMILIES IN THE COMMUNITY 4,000
    DISCIPLE NATIONS ALLIANCE
    1110 E MISSOURI AVENUE 393
    PHOENIX,AZ85014     		  PC HELP SUPPORT INDIGENOUS MINISTRIES AROUND THE WORLD TO WITNESS FOR CHRIST 1,000
    FAITH CHRISTIAN ACADEMY
    PO BOX 670
    HURT,VA24563     		  PC SUPPORT FOR SCHOLARSHIPS 5,000
    GOOD NEWS
    PO BOX 132076
    THE WOODLANDS,TX77393     		  PC UMC MAGAZINE AND MOVEMENT FOR SPIRITUAL RENEWAL AND REVITALIZATION OF CHRISTIAN DISCIPLES 1,000
    GRACE COVENANT CHURCH
    304 MINOR RIDGE ROAD
    CHARLOTTESVILLE,VA22901     		  PC TRANSFORMATION NETWORK MINISTRY OF MARK BELISLE 500
    GRACENOTES - CO AUSTIN BIBLE COLLEGE
    1705 AGGIE LANE
    AUSTIN,TX78746     		  PC AFRICAN BIBLE STUDIES ONLINE 2,000
    HILL COUNTRY INSTITUTE - CO AUSTIN COMMUNITY FDN
    PO BOX 1664
    AUSTIN,TX78767     		  PC RESOURCES FOR CHRISTIANS THROUGH TRAINING, CONFERENCES, PUBLISHED MATERIAL 1,000
    INTERNATIONAL ASSOCIATION OF GRACE MINISTRIES
    PO BOX 1246
    PINELLAS PARK,FL33781     		  PC GEORGE WASHINGTON CARVER SCHOOL 250
    JAMES RIVER ASSOCIATION
    4833 OLD MAIN STREET
    RICHMOND,VA23231     		  PC PROTECTING & RESTORING HEALTH OF JAMES RIVER & CONNECTING COMMUNITIES 1,000
    JUSTICE FOUNDATION
    8023 VANTAGE DRIVE STE 1275
    SAN ANTONIO,TX78230     		  PC SUPPORT FOR LEGAL REPRESENTATION IN FUNDAMENTAL FREEDOMS & RIGHTS 2,000
    LAKE CHRISTIAN MINISTRIES
    PO BOX 695
    MONETA,VA24121     		  PC PROVIDE FOOD, CLOTHES & HOUSEHOLD GOODS TO NEEDY FAMILIES 3,000
    LANE MEMORIAL UM CHURCH
    1201 BEDFORD AVENUE
    ALTAVISTA,VA24517     		  PC GENERAL FUNDING FOR THE CHURCH MISSION TRIP 11,000
    LEADER SOURCE SGA
    513 SOUTH MAIN STREET 2
    ELKHART,IN46516     		  PC LEADER DEVELOPMENT - SERVE CHURCH LEADERS WORLDWIDE 1,000
    LYNCHBURG BEACON OF HOPE
    PO BOX 1261
    LYNCHBURG,VA24504     		  PC PROVIDE TOOLS & RESOURCES FOR STUDENTS WHO ASPIRE TO ATTAIN POST-SECONDARY EDUCATION 500
    MARTINSVILLE CEMETERY ASSOCIATION
    PO BOX 246
    MARTINSVILLE,VA24114     		  PC SUPPORT FOR MAINTENANCE OF CEMETERY 300
    MEDICAL INSTITUTE
    PO BOX 162306
    AUSTIN,TX78716     		  PC SUPPORT FOR HAD THE TALK CAMPAIGN 2,000
    OUTPOURING MISSIONS INTL
    8023 VANTAGE DRIVE SUITE 640
    SAN ANTONIO,TX78230     		  PC REVIVAL IN THE CHURCH & CITY TRANSFORMATION IN SAN ANTONIO 500
    POPLAR FOREST
    PO BOX 419
    FOREST,VA24551     		  PC SUPPORT FOR EDUCATIONAL/HISTORICAL MUSEUM 1,000
    PRACTICE MINISTRIES
    6125 LUTHER LANE STE 183
    DALLAS,TX75225     		  PC FATHERS & CHILDREN BIBLE STUDIES 1,500
    PREGNANCY CARE CENTER OF CATAWBA VALLEY
    PO BOX 9423
    HICKORY,NC28603     		  PC MINISTRY TO FAMILIES 20,000
    PROVIDENCE FOUNDATION
    PO BOX 6759
    CHARLOTTESVILLE,VA22906     		  PC SPREADING LIBERTY AMONG THE NATIONS 500
    SAFE HARBOR INC
    210 2ND STREET SE
    HICKORY,NC28602     		  PC ANCHORING LIVES THROUGH CHRIST CAPITAL CAMPAIGN, OPERATIONS, AND TRAINING 17,500
    SALVATION ARMY
    PO BOX 12517
    RICHMOND,VA23241     		  PC PREACHING GOSPEL WHILE PROVIDING FOOD HOUSING, DISASTER RELIEF TO THE NEEDY 500
    SEMILLA INC
    4322 ONEFORD PLACE
    CHESAPEAKE,VA23321     		  PC US BASED LATIN AME RICAN LEADERSHIP DEVELOPMENT SERVING CHRISTIAN LEADERS 5,000
    SPORTS OUTREACH INSTITUTE
    PO BOX 11855
    LYNCHBURG,VA24506     		  PC TRAIN & EQUIP CHRISTIAN LEADERS TO SHARE THE GOSPEL WORLDWIDE THROUGH SPORTS 5,000
    STRATEGIC CHRISTIAN SERVICES
    1221 FARMERS LANE STE E
    SANTA ROSA,CA95405     		  PC CHRISTIAN SCHOLARSHIP ON FAMILY CULTURE, GOV'T, HISTORY, BUS & PUBLIC POLICY 500
    THE ANTIOCH PARTNERS
    7132 PORTLAND AVENUE 136
    RICHFIELD,MN55423     		  PC EQUIPPING, SENDING & SUPPORTING PRESBYTERIANS IN LONG-TERM MINISTRY 19,000
    THE CLAIRE PARKER FOUNDATION
    PO BOX 523
    ALTAVISTA,VA24517     		  PC PROVIDE EMOTIONAL, SPIRITUAL & FINANCIAL SUPPORT FOR FAMILIES OF CRITICALLY-ILL CHILDREN 5,000
    UNIVERSITY OF LYNCHBURG
    1501 LAKESIDE DRIVE
    LYNCHBURG,VA24501     		  PC MYRTLE B. LANE SCHOLARSHIP 1,000
    VIRGINIA EPISCOPAL SCHOOL
    400 VES ROAD
    LYNCHBURG,VA24503     		  PC EDUCATION 1,000
    VIRGINIA TECHNICAL INSTITUTE
    201 OGDEN ROAD
    ALTAVISTA,VA24517     		  GOV HAITI OUTREACH AND GENERAL FUNDING 3,000
    WESTMINSTER-CANTERBURY
    501 VES ROAD
    LYNCHBURG,VA24503     		  PC MISSION 2020 CAMPAIGN HEALTHCARE CENTER 20,000
    YMCA OF GREATER SAN ANTONIO
    231 E RHAPSODY
    SAN ANTONIO,TX78216     		  PC SUPPORT PROGRAMS THAT PUT JUDEO- CHRISTIAN PRINCIPLES INTO PRACTICE 1,000
    YOUNG LIFE OF CENTRAL VA
    PO BOX 520
    COLORADO SPRINGS,CO80901     		  PC PROMOTE RELIGIOUS DEVELOPMENT IN YOUTH 750
    YUCATAN PENINSULA MISSION - CO NORTHMINSTER PRESBYTERIAN
    10720 N KNOXVILLE AVENUE
    PEORIA,IL61615     		  PC YPM UNIVERSITY CONSTRUCTION 500
    Total .................................bullet 3a 239,350
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    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....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 4,048  
    4 Dividends and interest from securities....     14 79,902  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 146,778  
    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).. 0 230,728 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    230,728
    (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 (2018)
    Form 990-PF (2018)
    Page 13
    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 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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) 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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE MINNIE AND BERNARD LANE FOUNDATION
    EIN:
    54-6052404
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 8,411 0   0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE MINNIE AND BERNARD LANE FOUNDATION
    EIN:
    54-6052404
    Name of Bond End of Year Book Value End of Year Fair Market Value
    OW FIXED INCOME FUND 461,940 441,943

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE MINNIE AND BERNARD LANE FOUNDATION
    EIN:
    54-6052404
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHRS MSCI EAFE IND FND 121,509 108,899
    OW SMALL & MID CAP FUND 178,030 163,179
    RUSS 3000 INDEX 21,640 42,341
    VANGUARD FTSE DEVL ETF 155,680 143,045
    VAUGHAN-BASSETT FURN CO 2,693 2,693
    HARBOR INTERNATIONAL FUND 62,744 37,034
    OW STRATEGIC OPPTYS FUND 139,340 132,342
    OW ALL CAP CORE FD 146,655 204,552
    OW LARGE CAP STRATEGIES FD 127,140 168,623
    VANGUARD FTSE ALL-WORLD EX-US 50,139 51,403
    VANGUARD INTL GRWTH PTFLIO 50,000 68,930
    VANGUARD SMCAP INDEX ADMIR 113,315 213,856
    ISHARES RUSSELL 3000 ETF 548,452 1,237,247
    VANGUARD TOTAL STOCK MARKET ETF 548,137 1,239,586

    TY 2018 OtherExpensesSchedule
    Name:
    THE MINNIE AND BERNARD LANE FOUNDATION
    EIN:
    54-6052404
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 450 0   0
    OFFICE SUPPLIES AND EXPENSES 266 0   0
    TELEPHONE 1,730 0   0
    POSTAGE & DELIVERY 188 0   0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE MINNIE AND BERNARD LANE FOUNDATION
    EIN:
    54-6052404
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BESSEMER - INVESTMENT MANAGEMENT FEES 979 979   0
    OTHER PROFESSIONAL 6,046 6,046   0


    TY 2018 TaxesSchedule
    Name:
    THE MINNIE AND BERNARD LANE FOUNDATION
    EIN:
    54-6052404
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 1,052 1,052   0
    ESTIMATED TAXES 2,800 0   0
    INCOME TAX 941 0   0