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Filing year 2024

ELAINE'S READING IS FUN FOUNDATION

Hoover, Alabama·EIN 45-5414350·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$308k
Total assets
$6.6M
Total expenses
$86k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. ELAINE'S READING IS FUN FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$85k

Itemized grants

2

Median grant

$42k

RecipientLocationPurposeAmount
THE UNIVERSITY OF MONTEVALLO FOUNDATIONMONTEVALLO, ALTO SUPPORT A MUSIC SCHOLARSHIP IN THE NAME OF ELAINE B. SMITH.$65k
EAST LAKE ACADEMYBIRMINGHAM, ALDONATIONS SUPPORT THE SCHOOL'S MISSION THROUGH FUNDING PROJECTS, STUDENT SCHOLARSHIPS, EDUCATIONAL MATERIALS AND OPERATIONAL EXPENSES, ETC.$20k
Financial trend

Revenue and expenses over time

ELAINE'S READING IS FUN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$292k
$90k
2023
$308k
$86k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

ELAINE'S READING IS FUN FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about ELAINE'S READING IS FUN FOUNDATION

What are ELAINE'S READING IS FUN FOUNDATION's revenue and expenses?

In 2024, ELAINE'S READING IS FUN FOUNDATION reported $308k in total revenue and $86k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.