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Nonprofit · EIN 35-1895296

KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND

Tax-exempt · JASPER, IN 47547

Financials

$1K$2K2023$2K$7882024$2K$2K2025
Revenue Expenses · by fiscal year end
Financials of KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,390$2,337$53$28,981$0$28,981
December 31, 2024990-PF$1,812$788$1,024$28,928$0$28,928
December 31, 2023990-PF$1,185$1,774-$589$27,904$0$27,904
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$929
Interest
$46
Net gain from sales of assets
$1,415

Expenses

Grants and similar amounts paid
$1,500
Disbursements for charitable purposes
$1,945
Excise tax on investment income
$33

Balance sheet and other

Total assets, start of year
$28,928
Total assets, end of year
$28,981
Total liabilities, end of year
$0
Net assets, end of year
$28,981
Fair market value of assets
$38,756
Qualifying distributions
$1,945
Net investment income
$2,390

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SPRINGS VALLEY BANK & TRUST CO SPRINGS VALLEY BANK & TRUST CO
PO BOX 830, JASPER, IN 47547
TRUSTEE0$0
JEFF LANE
PO BOX 830, JASPER, IN 47547
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
SPRINGS VALLEY BANK & TRUST CO SPRINGS VALLEY BANK & TRUST CO
PO BOX 830, JASPER, IN 47547
TRUSTEE0$0
ROBERT T LANE JR
PO BOX 830, JASPER, IN 47547
DIRECTOR0$0
JEFF LANE
PO BOX 830, JASPER, IN 47547
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SPRINGS VALLEY BANK & TRUST CO SPRINGS VALLEY BANK & TRUST CO
PO BOX 830, JASPER, IN 47547
TRUSTEE0$0
ROBERT T LANE JR
PO BOX 830, JASPER, IN 47547
DIRECTOR0$0
JEFF LANE
PO BOX 830, JASPER, IN 47547
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 830, JASPER, IN 47547-0830
In care of
% SPRINGS VALLEY BANK & TR TTEE
Signed the 990-PF
SPRINGS VALLEY BANK TRUST CO, TRUSTEE
Phone
(800) 843-4947
Return prepared by
NONTE & COMPANY LLC CPA'S

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-1895296
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$28,981
Income (IRS master file)
$4,586

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$2,390$2,337$28,981IRS
990-PFDecember 2024$1,812$788$28,928IRS
990-PFDecember 2023$1,185$1,774$27,904XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1895296).

Questions about KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND

What is the EIN of KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND?
The employer identification number (EIN) of KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND is 35-1895296.
Is KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does KATHLEEN M LANE MEMORIAL SCHOLARSHIP FUND have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,390, expenses of $2,337 and total assets of $28,981 at year end.

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