Nonprofits›Foundation For Reading Area Community College

Education

Foundation For Reading Area Community College

READING, PA

WebsiteView as a funder

Total revenue

$4.1M

Total expenses

$3.6M

Net assets

$32.0M

Grants received

$1.5M

32 grants

EIN

232273163

Tax year

2024

Mission

To raise, invest and manage private funds for the benefit of the college

Programs

2 programs

To award scholarships and/or grants to future, present, and former students of the reading area community college

Expenses: $2.0MGrants: $1.9M

To provide books and equipment for reading area community college

Expenses: $89KGrants: $89K

Financials

FY 2024

Revenue

Contributions & grants$3.8M
Program service revenue—
Investment income$381K
Other revenue—
Total revenue$4.1M

Expenses

Grants paid$3.4M
Salaries & benefits—
Fundraising—
Other expenses$190K
Total expenses$3.6M
Total assets$32.0M
Net assets$32.0M

People

31 listed

NameRoleCompensation

GARY M MOYER

CHAIR

Board

—

1 hrs/wk

MARY M PALMER

VICE-CHAIR

Board

—

1 hrs/wk

RYAN P HOTTENSTEIN

TREASURER

Board

—

1 hrs/wk

REBECCA A IANNELLI

ASSISTANT TREASURER

Board

—

1 hrs/wk

CRAIG M PERROTTY

SECRETARY

Board

—

1 hrs/wk

DR CHARLES BARBERA

DIRECTOR

Board

—

1 hrs/wk

WILLIAM F BENDER

DIRECTOR

Board

—

1 hrs/wk

ERIC G BURKEY

DIRECTOR

Board

—

1 hrs/wk

PETER T EDELMAN

DIRECTOR

Board

—

1 hrs/wk

STEVEN A EHRLICH

DIRECTOR

Board

—

1 hrs/wk

CHARLES FRIES

DIRECTOR

Board

—

1 hrs/wk

SANDRA FOCHT

DIRECTOR

Board

—

1 hrs/wk

KELSEY FRANKOWSKI ESQ

DIRECTOR

Board

—

1 hrs/wk

KRISTI GAGE-LINDERMAN

DIRECTOR

Board

—

1 hrs/wk

ALEXANDRA GOODMAN

DIRECTOR

Board

—

1 hrs/wk

DR JILL HACKMAN

DIRECTOR

Board

—

1 hrs/wk

KATIE B HANNON

DIRECTOR

Board

—

1 hrs/wk

DANIEL B LAWS JR

DIRECTOR

Board

—

1 hrs/wk

DR SUSAN D LOONEY

DIRECTOR

Board

—

1 hrs/wk

DR JEROME I MARCUS

DIRECTOR

Board

—

1 hrs/wk

MICHAEL J NOON

DIRECTOR

Board

—

1 hrs/wk

PAUL G OXHOLM

DIRECTOR

Board

—

1 hrs/wk

MARYANNE POST BELL

DIRECTOR

Board

—

1 hrs/wk

GARY W RIGHTMIRE

DIRECTOR

Board

—

1 hrs/wk

PETER ROWLEY

DIRECTOR

Board

—

1 hrs/wk

VIRGINIA RUSH

DIRECTOR

Board

—

1 hrs/wk

BECKY SHEMANSKI

DIRECTOR

Board

—

1 hrs/wk

EDWIN L STOCK ESQ

DIRECTOR

Board

—

1 hrs/wk

SHARON WHITE

DIRECTOR

Board

—

1 hrs/wk

MICHAEL E NAGEL

VICE PRESIDENT EMERITUS-NON-VOTING

Board

—

1 hrs/wk

ANTHONY DEMARCO

EXECUTIVE DIRECTOR

Board

—

15 hrs/wk

Grants received

Showing 32 of 32

FromAmountPurposeYear
BERKS COUNTY COMMUNITY FOUNDATION INC
$35K
FOR SCHOLARSHIP ASSISTANCE FOR VETERANS AND SERVING MILITARY MEMBERS
2024
STANLEY FAMILY FOUNDATION
$10K
TO SUPPORT THE ORGANIZATION'S MISSION
2024
Justamere Foundation
$50K
Scholarship fund for Tomorrow's Healthcare Workforce
2023
HELPING HARVEST FRESH FOOD BANK
$48K
FOOD RELIEF
2023
BERKS COUNTY COMMUNITY FOUNDATION INC
$30K
FOR SCHOLARSHIP ASSISTANCE FOR VETERANS AND SERVING MILITARY MEMBERS
2023
DONOR ADVISED CHARITABLE GIVING INC
$19K
EDUCATION
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$18K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$18K
For grant recipient's exempt purposes
2023
CHARITIES AID FOUNDATION AMERICA
$15K
CHARITABLE DONATION
2023
HELPING HARVEST FRESH FOOD BANK
$13K
FOOD RELIEF
2023
STANLEY FAMILY FOUNDATION
$5K
TO SUPPORT THE ORGANIZATION'S MISSION
2023
YOCUM FAMILY PERPETUAL CHARITABLE TRUST
$381K
SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
2022
MARLIN MILLER JR FAMILY FOUNDATION
$109K
ANNUAL FUND
2022
CACOOSING FAMILY CHARITABLE FOUNDATION
$55K
general
2022
BERKS COUNTY COMMUNITY FOUNDATION INC
$50K
FOR RACC'S 50TH ANNIVERSARY SIGNATURE CHALLENGE
2022
DONOR ADVISED CHARITABLE GIVING INC
$42K
EDUCATION
2022
Justamere Foundation
$26K
Blue Door to RACC Scholarship fund for workforce training program for Early Childhood Development Certificate
2022
BERKS COUNTY COMMUNITY FOUNDATION INC
$24K
FOR 2022 READING HIGH SCHOOL OPPORTUNITY FUND
2022
HELPING HARVEST FRESH FOOD BANK
$24K
FOOD RELIEF
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$11K
For grant recipient's exempt purposes
2022
Justamere Foundation
$5K
Student Emergency Fund
2022
YOCUM FAMILY PERPETUAL CHARITABLE TRUST
$262K
SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
2021
BERKS COUNTY COMMUNITY FOUNDATION INC
$40K
FOR GENERAL SUPPORT & SCHOLARSHIP ASSISTANCE FOR VETERANS & SERVING MILITARY MEMBERS
2021
CACOOSING FAMILY CHARITABLE FOUNDATION
$30K
GENERAL
2021
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$11K
For recipient's exempt purpose
2021
CACOOSING FAMILY CHARITABLE FOUNDATION
$38K
GENERAL
2020
BERKS COUNTY COMMUNITY FOUNDATION INC
$13K
General support and programs
2020
HELPING HARVEST FRESH FOOD BANK
$10K
FOOD RELIEF
2020
YOCUM FAMILY PERPETUAL CHARITABLE TRUST
—
SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSITITUION TO SUCH ONE OR MORE OF ITS STUDENTS AS SUCH INSTITUTION DEEMS DESERVING, AFTER APPLYING SUCH CRITERIA AS IT DEEMS APPROPRIATE.
2020
CACOOSING FAMILY CHARITABLE FOUNDATION
$57K
GENERAL
2019
The Gulati Family Foundation
$5K
Science Campaign
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$5K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.5M from 12 funders · 32 grants · 2017–2024

Yocum Family Perpetual Charitable Trust

$643K · 3 grants · 2020–2022

Berks County Community Foundation Inc

$193K · 6 grants · 2020–2024

Cacoosing Family Charitable Foundation

$180K · 4 grants · 2019–2022

Marlin Miller Jr Family Foundation

$109K · 1 grant · 2022

Helping Harvest Fresh Food Bank

$95K · 4 grants · 2020–2023

Justamere Foundation

$81K · 3 grants · 2022–2023

Donor Advised Charitable Giving Inc

$60K · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$34K · 3 grants · 2017–2023

Details

EIN232273163
NTEE codeB41I
Subsection03
Ruling date1982-07
Formed1981
Employees0
Volunteers30
FOUNDATION FOR READING AREA COMMUNITY COLLEGE — Mission, Financials & Grants Received | Grantivo