The Bill & Phyllis Lane Foundation
Preselected recipients only
The Bill & Phyllis Lane Foundation is a private foundation in Marshalltown, Iowa. In tax year 2025 it gave $57,500 in 12 grants; the typical grant was $5,000 and the largest $8,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$57,500
- Number of grants12
- Typical grant$5,000
- Largest grant$8,000
- Assets$536,793
- New grantees25%
Giving in 2025 was up from $33,500 the year before.
25% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $60,500 | 13 | $517,175 |
| 2024 | $33,500 | 9 | $528,500 |
| 2025 | $57,500 | 12 | $536,793 |
How to apply
The Bill & Phyllis Lane Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Bill & Phyllis Lane Foundation funds
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 12 | $57,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Child Abuse Prevention Services | Grant | $8,000 |
| Emergency Food Box | Grant | $8,000 |
| MCC Foundation | Grant | $7,500 |
| Marshalltown Auditorium Foundation | Grant | $5,000 |
| Marshalltown Federation of Women's Clubs - Binford House | Grant | $5,000 |
| Riverside Cemetery | Grant | $5,000 |
| Marshalltown Community Band | Grant | $5,000 |
| House of Compassion | Grant | $4,000 |
| Yss of Marshall County | Grant | $3,000 |
| Marshalltown Youth Foundation | Grant | $3,000 |
| Iowa River Hospice | Grant | $2,000 |
| Marshalltown Ymca-Ywca | Grant | $2,000 |
Officers and trustees
- William A Lane III
- Nicholas J Lane
- Ubt Trust Officer - Christian McMur
Questions people ask
Does The Bill & Phyllis Lane Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Bill & Phyllis Lane Foundation give?
$57,500 in tax year 2025, across 12 grants, with a typical grant of $5,000.
Who runs The Bill & Phyllis Lane Foundation?
Its 2025 filing lists William A Lane III (Director), Nicholas J Lane (Director) and Ubt Trust Officer - Christian McMur (Secretary/Treasurer).
What does The Bill & Phyllis Lane Foundation fund?
Based on its grants, mainly youth programs.