Skip to main content

Nonprofit · EIN 58-6033043

MILLS BEE LANE MEMORIAL FOUNDATION INC

Tax-exempt · SAVANNAH, GA 31402

Financials

$492K$504K2023$543K$561K2024
Revenue Expenses · by fiscal year end
Financials of MILLS BEE LANE MEMORIAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$542,743$561,117-$18,374$1,785,214$0$1,785,214
December 31, 2023990-PF$491,508$503,753-$12,245$1,803,588$0$1,803,588
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$247,676
Interest
$8,712
Net gain from sales of assets
$286,355

Expenses

Grants and similar amounts paid
$538,919
Disbursements for charitable purposes
$544,509
Excise tax on investment income
$7,418

Balance sheet and other

Total assets, start of year
$1,803,588
Total assets, end of year
$1,785,214
Total liabilities, end of year
$0
Net assets, end of year
$1,785,214
Fair market value of assets
$11,009,842
Qualifying distributions
$544,509
Net investment income
$542,743

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
HUGH C LANE JR
P O BOX 538, CHARLESTON, SC 29402
CEO0$0
CHARLES G LANE
P O BOX 668, CHARLESTON, SC 29402
CFO0$0
HUGH C MORRISON
125 TWICKENHAM ROAD, YEMASSEE, SC 29945
SECRETARY0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
HUGH C LANE JR
P O BOX 538, CHARLESTON, SC 29402
CEO1$0
CHARLES G LANE
P O BOX 668, CHARLESTON, SC 29402
CFO1$0
HUGH C MORRISON
125 TWICKENHAM ROAD, YEMASSEE, SC 29945
SECRETARY1$0

Address and contacts

Address (IRS master file)
PO BOX 188, SAVANNAH, GA 31402-0188
In care of
% THE SAVANNAH BANK
Signed the 990-PF
HUGH C MORRISON, SECRETARY
Phone
(803) 255-2455
Return prepared by
HOLLAND BROMLEY BARNHILL & BRETT LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-6033043
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
1950
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,785,214
Income (IRS master file)
$612,974

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$542,743$561,117$1,785,214XML
990-PFDecember 2023$491,508$503,753$1,803,588XML
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 58-6033043).

Questions about MILLS BEE LANE MEMORIAL FOUNDATION INC

What is the EIN of MILLS BEE LANE MEMORIAL FOUNDATION INC?
The employer identification number (EIN) of MILLS BEE LANE MEMORIAL FOUNDATION INC is 58-6033043.
Is MILLS BEE LANE MEMORIAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
Are donations to MILLS BEE LANE MEMORIAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MILLS BEE LANE MEMORIAL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MILLS BEE LANE MEMORIAL FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MILLS BEE LANE MEMORIAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MILLS BEE LANE MEMORIAL FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MILLS BEE LANE MEMORIAL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $542,743, expenses of $561,117 and total assets of $1,785,214 at year end.

Other nonprofits in SAVANNAH

All nonprofits in SAVANNAH · Georgia