Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE DOUG AND GAY LANE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 1972
  Room/suite
City or town
BOCA GRANDE
State or province
FL
Country  
ZIP or foreign postal code
33921
A Employer identification number

22-3554995
B Telephone number (see instructions)

9177576006
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$10,446,854J 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) 889,378
2 Check .................
3 Interest on savings and temporary cash investments 100 100  
4 Dividends and interest from securities... 213,131 213,131  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 704,795
b Gross sales price for all assets on line 6a 2,674,535
7 Capital gain net income (from Part IV, line 2)... 1,600,907
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........ 1,807,404 1,814,138  
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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
25,448 4,940   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,907 26,907   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 52,355 31,847   0
25 Contributions, gifts, grants paid....... 1,398,125 1,398,125
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,450,480 31,847   1,398,125
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 356,924
b Net investment income (if negative, enter -0-) 1,782,291
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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.............      
2 Savings and temporary cash investments......... 1,051,134 623,686 623,686
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
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)....... 6,483,625 Click to see attachment
List of Attached Documents:
// Content
7,267,997 		9,823,168
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,534,759 7,891,683 10,446,854
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 )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 127,721 127,721
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,407,038 7,763,962
29 Total net assets or fund balances (see instructions)..... 7,534,759 7,891,683
30 Total liabilities and net assets/fund balances (see instructions). 7,534,759 7,891,683
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,534,759
2
Enter amount from Part I, line 27a .....................
2
356,924
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,891,683
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
7,891,683
Form 990-PF (2025)
Form 990-PF (2025)
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 100 SH ALNYLAM PHARMACEUTICALS D 2024-12-17 2025-02-06
b 500 SH ALPHABET INC CL C D 2024-12-17 2025-10-21
c 500 SH ALPHABET INC CL C D 2025-10-17 2025-10-21
d 100 SH ALPHABET INC CL C D 2025-10-17 2025-10-21
e 300 SH AMERICAN EXPRESS CO D 2023-10-26 2025-10-21
400 SH APA CORP D 2023-10-27 2025-02-06
300 SH BLACKSTONE INC D 2024-12-17 2025-10-21
300 SH BRISTOL-MYERS SQUIBB D 2021-11-17 2025-02-12
200 SH BRISTOL-MYERS SQUIBB D 2019-11-21 2025-02-12
100 SH BRISTOL-MYERS SQUIBB D 2019-11-21 2025-02-12
300 SH BRISTOL-MYERS SQUIBB D 2019-11-21 2025-02-12
500 SH BRISTOL-MYERS SQUIBB D 2023-10-31 2025-02-12
500 SH BRISTOL-MYERS SQUIBB D 2013-12-03 2025-02-12
400 SH BRISTOL-MYERS SQUIBB D 2018-11-06 2025-02-12
200 SH BRISTOL-MYERS SQUIBB D 2019-06-18 2025-02-12
25 SH CHARTER COMMUNICATIONS P 2021-08-31 2025-01-31
25 SH CHARTER COMMUNICATIONS P 2021-10-04 2025-01-31
50 SH CHARTER COMMUNICATIONS P 2022-10-11 2025-01-31
2000 SH COMPAGNIE FINANCIERE RICHEMONT SA P 2024-06-05 2025-10-22
1000 SH COMPAGNIE FINANCIERE RICHEMONT SA P 2024-03-04 2025-10-22
2000 SH COMPAGNIE FINANCIERE RICHEMONT SA P 2024-02-26 2025-10-22
500 SH CVS HEALTH CORP P 2023-01-13 2025-04-08
289 SH CVS HEALTH CORP P 2021-10-04 2025-04-08
1000 SH DELTA AIR LINES D 2023-10-26 2025-02-06
500 SH DELTA AIR LINES D 2023-10-26 2025-10-22
500 SH DELTA AIR LINES D 2023-10-26 2025-10-22
200 SH EXPEDITORS INTL D 2023-10-23 2025-10-22
125 SH GE AEROSPACE D 2021-07-09 2025-06-10
275 SH GE AEROSPACE D 2022-08-11 2025-06-10
700 SH GE AEROSPACE D 2022-08-11 2025-10-21
300 SH GODADDY INC P 2021-07-09 2025-02-06
500 SH GODADDY INC P 2021-11-17 2025-02-06
800 SH GSK PLC P 2021-11-17 2025-06-10
400 SH GSK PLC P 2021-08-31 2025-06-10
1600 SH GSK PLC P 2021-07-09 2025-06-10
400 SH GSK PLC P 2021-07-22 2025-06-10
200 SH INTERNATIONAL BUSINESS MACHINES P 2023-01-23 2025-10-22
100 SH INTERNATIONAL BUSINESS MACHINES P 2021-09-30 2025-10-22
250 SH LOWES COS INC D 2017-11-28 2025-10-22
2000 SH MACYS D 2020-05-11 2025-02-06
100 SH MASTERCARD INC D 2021-11-11 2025-10-21
100 SH MICROSOFT D 2020-12-17 2025-10-21
200 SH MICROSOFT D 2017-12-22 2025-10-21
100 SH MICROSOFT D 2025-10-17 2025-10-21
50 SH MICROSOFT D 2025-10-17 2025-10-21
50 SH MICROSOFT D 2025-10-17 2025-10-21
200 SH NESTLE SA D 2021-08-13 2025-04-24
400 SH NESTLE SA D 2023-10-21 2025-04-24
200 SH NESTLE SA D 2023-10-31 2025-04-24
200 SH NESTLE SA D 2023-10-27 2025-04-24
175 SH NESTLE SA D 2024-03-04 2025-04-24
300 SH ORACLE CORP D 2025-10-17 2025-10-21
100 SH ORACLE CORP D 2025-10-17 2025-10-21
400 SH ORACLE CORP D 2025-10-17 2025-11-07
300 SH PAYPAL HOLDINGS INC D 2020-12-17 2025-01-28
300 SH PAYPAL HOLDINGS INC P 2024-03-04 2025-01-28
135 SH TRUIST FINANCIAL P 2020-10-20 2025-02-06
500 SH TRUIST FINANCIAL P 2015-10-07 2025-02-06
800 SH UNITED AIRLINES HOLDINGS D 2024-03-04 2025-07-17
669 SH UNITED AIRLINES HOLDINGS D 2020-10-20 2025-07-17
200 SH US BANCORP P 2017-11-28 2025-02-06
500 SH US BANCORP P 2015-01-07 2025-02-06
800 SH US BANCORP P 2020-10-20 2025-02-06
Capital Gains Dividends P    
(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 27,513   1,032 26,481
b 126,785   17,119 109,666
c 126,785   9,397 117,388
d 25,357   2,639 22,718
e 105,660   16,645 89,015
8,862   5,067 3,795
48,378   7,851 40,527
16,714   14,273 2,441
11,142   9,515 1,627
5,571   4,758 813
16,714   14,273 2,441
27,856   23,788 4,068
27,856   23,788 4,068
22,285   19,031 3,254
11,142   9,515 1,627
8,641   20,403 -11,762
8,641   18,315 -9,674
17,281   15,439 1,842
40,340   32,580 7,760
20,170   16,030 4,140
40,340   30,960 9,380
33,845   45,124 -11,279
19,563   24,975 -5,412
68,302   11,991 56,311
30,766   5,432 25,334
30,430   5,432 24,998
24,026   7,397 16,629
30,259   8,023 22,236
66,569   13,255 53,314
215,012   34,029 180,983
63,240   26,070 37,170
105,400   36,409 68,991
33,024   34,975 -1,951
16,512   16,682 -170
66,049   65,743 306
16,512   16,106 406
57,206   29,204 28,002
28,603   13,414 15,189
61,291   19,539 41,752
29,525   10,821 18,704
57,011   2,116 54,895
51,692   3,279 48,413
103,384   6,558 96,826
51,692   3,279 48,413
25,846   1,639 24,207
25,846   1,639 24,207
21,097   21,157 -60
42,195   42,314 -119
31,646   18,030 13,616
10,549   10,773 -224
18,460   15,776 2,684
83,089   14,798 68,291
27,696   4,884 22,812
94,342   19,535 74,807
26,639   9,398 17,241
26,639   17,881 8,758
6,419   5,830 589
23,774   18,414 5,360
73,162   30,747 42,415
61,182   25,157 36,025
9,526   10,629 -1,103
23,814   20,879 2,935
38,103   31,877 6,226
565     565
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       26,481
b       109,666
c       117,388
d       22,718
e       89,015
      3,795
      40,527
      2,441
      1,627
      813
      2,441
      4,068
      4,068
      3,254
      1,627
      -11,762
      -9,674
      1,842
      7,760
      4,140
      9,380
      -11,279
      -5,412
      56,311
      25,334
      24,998
      16,629
      22,236
      53,314
      180,983
      37,170
      68,991
      -1,951
      -170
      306
      406
      28,002
      15,189
      41,752
      18,704
      54,895
      48,413
      96,826
      48,413
      24,207
      24,207
      -60
      -119
      13,616
      -224
      2,684
      68,291
      22,812
      74,807
      17,241
      8,758
      589
      5,360
      42,415
      36,025
      -1,103
      2,935
      6,226
      565
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 1,600,907
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
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 and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 24,774
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 24,774
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 24,774
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,267
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 26,041
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-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 the instructions
for the 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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NJ
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 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressN/A
14
The books are in care ofGAY LANE Telephone no. (917) 757-6006

Located atPO BOX 1972BOCA GRANDEFL ZIP+433921
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
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 2025? .............
1d
 
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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 C LANE TRUSTEE
1.00 		0 0 0
PO BOX 1972
BOCA GRANDE,FL33921
SHARON GAY LANE TRUSTEE
1.00 		0 0 0
PO BOX 1972
BOCA GRANDE,FL33921
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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
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.............right arrow0
Part VIII-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  
Part VIII-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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
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
8,910,509
b
Average of monthly cash balances.......................
1b
917,423
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
9,827,932
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
9,827,932
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
147,419
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,680,513
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
484,026
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
484,026
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
24,774
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
24,774
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
459,252
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
459,252
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 XII, line 1 ...
7
459,252
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
1,398,125
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
1,398,125
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 459,252
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 248,490
b From 2021...... 785,478
c From 2022...... 458,126
d From 2023...... 156,581
e From 2024...... 688,035
f Total of lines 3a through e ........ 2,336,710
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,398,125
a Applied to 2024, 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 2025 distributable amount..... 459,252
e Remaining amount distributed out of corpus 938,873
5 Excess distributions carryover applied to 2025. 0 0
(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 3,275,583
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		248,490
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		3,027,093
10 Analysis of line 9:
a Excess from 2021 .... 785,478
b Excess from 2022 .... 458,126
c Excess from 2023 .... 156,581
d Excess from 2024 .... 688,035
e Excess from 2025 .... 938,873
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2025, enter the date of the ruling ......
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
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, 3b, or 3c 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 IX, 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 XIV
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).)
DOUGLAS C LANE
SHARON GAY LANE
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
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

ACCENT DANCE

57 WEST 57TH STREET
NEW YORK,NY10019 		N/A   GENERAL PURPOSES 50,000

ARTS QUEST

25 WEST 3RD STREET
BETHLEHEM,PA18015 		N/A   GENERAL PURPOSES 10,000

FRIENDS OF BOCA GRANDE

131 FIRST STREET WEST
BOCA GRANDE,FL33921 		N/A   GENERAL PURPOSES 100,000

HEALTHNETWORK FOUNDATION

3550 LANDER ROAD SUITE 225
PEPPER PIKE,OH44124 		N/A   GENERAL PURPOSES 50,000

LEHIGH UNIVERSITY

27 MEMORIAL DRIVE WEST
BETHLEHEM,PA18015 		N/A   ATHLETIC DEPARTMENT 500,000

NEVER FORGET RIDE

1137 MARBELLA PLAZA DRIVE
TAMPA,FL33619 		N/A   GENERAL PURPOSES 10,000

PERLMAN MUSIC PROGRAM SUNCOAST

PO BOX 3407
SARASOTA,FL34230 		N/A   GENERAL PURPOSES 55,000

PULMONARY FIBROSIS FOUNDATION

230 EAST OHIO STREET
CHICAGO,IL60611 		N/A   GENERAL PURPOSES 50,000

ROCKLAND DEVELOPMENT PROGRAM

198 CHARLES STREET
CLIFTON,NJ07013 		N/A   GENERAL PURPOSES 2,000

SPECIAL OPERATION WARRIOR FOUNDATION

1137 MARBELLA PLAZA DRIVE
TAMPA,FL33619 		N/A   DELTA FORCE 69,875

SWIM ACROSS AMERICA

8508 PARK ROAD
CHARLOTTE,NC28210 		N/A   GENERAL PURPOSES 10,250

RADCLIFFE CREEK SCHOOL

201 TALBOT BOULEVARD
CHESTERTOWN,MD21620 		N/A   GENERAL PURPOSES 80,000

THOMAS JEFFERSON UNIVERSITY HOSPITAL

1101 MARKET STREET
PHILADLPHIA,PA19107 		N/A   SCHOLARSHIP FUND 100,000

MONTCLAIR FOUNDATION

21 VAN VLEEK STREET
MONTCLAIR,NJ07042 		N/A   SPECIAL ARTS 150,000

COLUMBIA UNIVERSITY IRVING MEDICAL CENTER

630 WEST 168TH STREET
NEW YORK,NY10032 		N/A   RESEARCH 150,000

MORAVIAN MANOR

300 WEST LEMON STREET
LITITZ,PA17543 		N/A   GENERAL PURPOSES 10,000

UPPER SAUCON AMBULANCE CORPS

5560 CAMP MEETING ROAD
CENTER VALLEY,PA18034 		N/A   GENERAL PURPOSES 1,000
Total ................................. 3a 1,398,125
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-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 ........... 		    14 100  
4 Dividends and interest from securities ....     14 213,131  
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 ............ 		    18 704,795  
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) .. 0 918,026 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
918,026
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2025)
Form 990-PF (2025)
Page 13
Part XVI
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE DOUG AND GAY LANE FOUNDATION
 
Employer identification number

22-3554995
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't 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 its Form 990PF, Part I, line 2, to certify that it doesn't 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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
THE DOUG AND GAY LANE FOUNDATION
  		Employer identification number
22-3554995
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
DOUGLAS C LANE
PO BOX 1972
 
BOCA GRANDE, FL33921

$ 500,832


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
GAY LANE
PO BOX 1972
 
BOCA GRANDE, FL33921

$ 388,546


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE DOUG AND GAY LANE FOUNDATION
  		Employer identification number

22-3554995
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
1
 700 SH ALPHABET INC CAP STK CL C $ 176,214 2025-10-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 400 SH MICROSOFT CORP $ 204,558 2025-10-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 400 GE AEROSPACE $ 120,060 2025-10-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 100 SH MICROSOFT CORP $ 51,140 2025-10-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 800 SH ORACLE CORP $ 236,712 2025-10-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 400 SH ALPHABET INC CAP STK CL C $ 100,694 2025-10-17
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE DOUG AND GAY LANE FOUNDATION
  		Employer identification number

22-3554995
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 InvestmentsCorpStockSchedule
Name:
THE DOUG AND GAY LANE FOUNDATION
EIN:
22-3554995
Name of Stock End of Year Book Value End of Year Fair Market Value
700 SH AMERICAN EXPRESS CO 100,765 258,965
1000 SH BRISTOL-MYERS SQUIBB CO 43,614 53,940
2500 SH DELTA AIR LINES INC 23,507 173,500
50 SH EQUINIX INC 6,289 38,308
1000 SH EXPEDITORS INTL OF WASHINGTON 65,166 149,010
7000 SH FORD MOTOR CO 60,189 91,840
3000 SH GENERAL MOTORS CO 98,187 243,960
200 SH HONEYWELL INTL INC 18,880 39,018
300 SH ILLINOIS TOOL WORKS INC 16,252 73,890
300 SH MASTERCARD INC 29,980 171,264
1500 SH MERCK INC 80,238 157,890
1400 SH QUALCOMM INC 78,410 239,470
400 SH VERISK ANALYTICS INC 25,123 89,476
800 SH VISA INC 80,655 280,568
620 SH VULCAN MATERIALS CO 28,129 176,836
1994 SH APTIV PLC 137,580 151,723
700 SH JPMORGAN CHASE 72,634 225,554
300 SH MICROSOFT CORP 153,419 145,086
1000 SH CHEVRON 133,852 152,410
2500 SH COCA COLA CO 133,238 174,775
1200 SH BLACKSTONE INC 140,839 184,968
1000 SH CITIGROUP INC 47,010 116,690
2500 SH INTERNATIONAL FLAVORS & FRAGRANCES INC 201,292 168,475
200 SH ESTEE LAUDER COS INC 52,417 20,944
1000 SH SIMON PROPERTY GROUP INC 98,138 185,110
1031 SH UNITED AIRLINES HOLDINGS INC 19,398 115,286
4000 SH COMCAST CORP 170,754 119,560
1231 SH CVS HEALTH CORP 96,826 97,692
700 SH GE AEROSPACE 134,577 215,621
1500 SH GXO LOGISTICS 79,369 78,960
800 SH INGERSOLL RAND 38,507 63,376
700 SH INTERNATIONAL BUSINESS MACHINES 88,503 207,347
6000 SH KIMCO REALTY CORP 125,026 121,620
3000 SH MODERNA INC 166,684 88,470
825 SH NESTLE 76,081 81,995
1000 SH REINSURANCE GROUP AMERICA 132,721 203,460
1300 SH SMUCKER J M 144,026 127,153
300 SH FERRARI N V 60,413 110,868
1000 SH BANK OF AMERICA CORP 31,284 55,000
1000 SH DISNEY WALT 99,137 113,770
2000 SH FREEPORT MCMORAN INC 68,233 101,580
10000 SH HALEON PLC 80,779 101,100
2000 SH IHEARTMEDIA INC 14,812 8,320
5410 SH RXO INC 106,271 68,382
1000 SH STANLEY BLACK & DECKER 77,476 74,280
3000 SH ALCOA CORP 94,856 159,420
500 SH AUTODESK INC 102,435 148,005
4000 SH CLEVELAND CLIFFS 67,988 53,120
1000 SH JOHNSON & JOHNSON 149,674 206,950
600 SH LOWES COS 110,905 144,696
300 SH MARATHON PETROLEUM CORP 43,923 48,789
70 SH MARTIN MARIETTA MATERIALS INC 24,697 43,586
2000 SH NEW YORK TIMES 97,328 138,840
500 SH NUCOR CORP 73,875 81,555
500 SH WHEATON PRECIOUS METAL 26,317 58,760
6000 SH ORGANON & CO 74,626 43,020
500 SH WORKDAY INC 112,497 107,390
6000 SH AES CORP 100,182 86,040
100 SH AIR PRODUCTS & CHEMICALS INC 27,006 24,702
150 SH ALNYLAM PHRMACEUTICALS 36,749 59,648
500 SH ALPHABET INC 125,867 156,900
1000 SH AMERICAN TOWER 196,657 175,570
700 SH BOEING CO 150,502 151,984
1000 SH CF INDUSTRIES HOLDINGS INC 77,336 77,340
1500 SH EXXON MOBIL 126,875 180,510
83 SH GRAIL 1,315 7,104
10000 SH HEALTHPEAK PROPERTIES INC 207,353 160,800
700 SH HERSHEY CO 132,760 127,386
1000 SH ILLUMINA INC 101,135 131,160
800 SH NOVARTIS A G 82,203 110,296
600 SH PEPSICO INC 100,376 86,112
200 SH RBC BEARINGS INC 54,018 89,686
1000 SH RTX CORP 133,185 183,400
1000 SH TECK RESOURCES LTD 46,016 47,890
1500 SH CANADIAN PACIFIC KANSAS CITY 110,581 110,445
2000 SH LAMB WESTON HOLDINGS 111,261 83,780
1000 SH NIKE 67,817 63,710
500 SH ORGANON 40,590 43,020
500 SH SALESFORCE INC 131,792 132,455
50 SH SOLTICE ADVANCED MATS 1,182 2,429
1000 SH UBER TECHNOLOGIES 67,413 81,710
1000 SH ZOETIS INC 134,983 125,820
3000 SH SLB LIMITED 122,562 115,140
3000 SH WILLSCOT HOLDINGS 64,480 56,490

TY 2025 OtherExpensesSchedule
Name:
THE DOUG AND GAY LANE FOUNDATION
EIN:
22-3554995
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSE 26,907 26,907   0


TY 2025 TaxesSchedule
Name:
THE DOUG AND GAY LANE FOUNDATION
EIN:
22-3554995
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 4,940 4,940   0
EXCISE TAX 20,508 0   0