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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.