Funder DirectoryELAINE'S READING IS FUN FOUNDATION
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Private foundation (trust)EIN 455414350Est. 2013-01

ELAINE'S READING IS FUN FOUNDATION

HOOVER, AL 35226

Total Assets

$6.6M

FY 2024

Annual Giving

$85K

FY 2024

Grants Made

2

FY 2024

Avg Grant

$42K

FY 2024

Grant Range

$20K–$65K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$65K

The university of montevallo foundation: music scholarship

Program 2

$20K

East lake academy: to support the school

Focus Areas

Public Foundations

Financial Snapshot

2024 filing

Total Revenue

$308K

Total Expenses

$86K

Qualifying Distributions

$85K

Distributable Amount

$177K

Min. Investment Return

$179K

Undistributed Income

$38K

Payout rate 48%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.48%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $138K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

13 grants

THE UNIVERSITY OF MONTEVALLO FOUNDATION
$104K
2 grants
BANKS ACADEMY
$55K
2 grants
EAST LAKE ACADEMY
$50K
2 grants
HOOVER PUBLIC SAFETY CHARITY FOUNDATION
$48K
1 grant
HOOVER HELPS
$31K
2 grants
RISING HOPE ACADEMY
$25K
1 grant
HOOVER CITY SCHOOLS FOUNDATION INC
$10K
1 grant
BOYS AND GIRLS CLUB OF THE OCOEE REGION
$10K
1 grant

Grant Size Distribution

13 grants

<$10K
4
grants
$10–50K
8
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Alabama
$332K
97% of total
Tennessee
$10K
3% of total

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ELAINE'S READING IS FUN FOUNDATION — Grants, Financials & Contact | Grantivo