NonprofitsReading Scholarship Foundation Inc

Reading Scholarship Foundation Inc

READING, MA

Total revenue

$306K

Total expenses

$223K

Net assets

$4.5M

Grants received

$150K

27 grants

EIN

237365813

Tax year

2023

Mission

Awarding educational scholarships.

Financials

FY 2023

Revenue

Contributions & grants$136K
Program service revenue
Investment income$170K
Other revenue
Total revenue$306K

Expenses

Grants paid$205K
Salaries & benefits
Fundraising$10K
Other expenses$18K
Total expenses$223K
Total assets$4.5M
Net assets$4.5M

People

23 listed

NameRoleCompensation

MARY HAGSTROM

Director

Board

0.5 hrs/wk

PATTY WHITE

President

Board

2 hrs/wk

THOMAS FRATTO

Treasurer

Board

2 hrs/wk

SUSAN SCHWARTZ

ASSIST TREASURE

Board

2 hrs/wk

JANE DARVEAU

CLERK

Board

2 hrs/wk

KEITH D'ENTREMONT

Director

Board

0.5 hrs/wk

KAREN BURKE

Director

Board

0.5 hrs/wk

SUSAN COLELLA

Director

Board

0.5 hrs/wk

ELIZABETH DAVIDSON

Director

Board

0.5 hrs/wk

CHERYL DORENFELD

Director

Board

0.5 hrs/wk

JAY DUMAS

Director

Board

0.5 hrs/wk

PAULINE HAROOTIAN

Director

Board

0.5 hrs/wk

KAREN HERRICK

Director

Board

0.5 hrs/wk

THOMAS MEHARG

Director

Board

0.5 hrs/wk

REN O'CONNELL

Director

Board

0.5 hrs/wk

ROC O'CONNELL

Director

Board

0.5 hrs/wk

POOJA PARSONS

Director

Board

0.5 hrs/wk

ANNE SCHOFIELD

Director

Board

0.5 hrs/wk

ELAINE SMITH

Director

Board

0.5 hrs/wk

ELLEN TERRY

Director

Board

0.5 hrs/wk

JEANNE THOMASES

Director

Board

0.5 hrs/wk

MARCIA TOOMEY

Vice President

Board

0.5 hrs/wk

JOAN VAILLANCOURT

Director

Board

0.5 hrs/wk

Grants received

Showing 27 of 27

FromAmountPurposeYear
$9K
UNRESTRICTED CONTRIBUTION
2024
$2K
Reading Scholarship Foundation
2024
$9K
UNRESTRICTED CONTRIBUTION
2023
$2K
Funding for scholarships
2023
$1K
EXEMPT PURPOSE
2023
$300
Matching Gifts
2023
$300
MATCHING GIFTS
2023
$6K
UNRESTRICTED CONTRIBUTION
2022
$2K
Reading Scholarship Fund
2022
$1K
EXEMPT PURPOSE
2022
$300
Matching Gifts
2022
$250
PROGRAM/OPERATING SUPPORT
2022
$11K
For grant recipient's exempt purposes
2021
$11K
For grant recipient's exempt purposes
2021
$6K
CHARITABLE
2021
$2K
Student Scholarships
2021
$500
EXEMPT PURPOSE
2021
$10
Awarding educational scholarships
2021
$28K
For grant recipient's exempt purposes
2020
$4K
UNRESTRICTED CONTRIBUTION
2020
$2K
Student Scholarships
2020
$500
EXEMPT PURPOSE
2020
$16K
For grant recipient's exempt purposes
2018
$36K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$150K from 10 funders · 27 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$103K · 5 grants · 2017–2021

Helen A Nigro Foundation

$28K · 4 grants · 2020–2024

RCB Charitable Foundation Inc

$8K · 5 grants · 2020–2024

Gravestar Foundation

$6K · 1 grant · 2021

Eastern Bank Foundation

$3K · 4 grants · 2020–2023

Salem Five Charitable Foundation Inc

$1K · 3 grants · 2020–2022

Chubb Charitable Foundation

$600 · 2 grants · 2022–2023

The Pfizer Foundation Inc

$300 · 1 grant · 2023

Details

EIN237365813
Subsection03
Ruling date1975-03
Formed1969
Employees0
READING SCHOLARSHIP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo