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Filing year 2024

READER'S DIGEST FOUNDATION

New York, New York·EIN 13-6120380·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$555k
Total assets
$0
Total expenses
$2.3M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

President
Board President
25th percentile to median
$18k
$19k
Secretary
Board Secretary
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at READER'S DIGEST FOUNDATION equaled 0.8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$2.2M

Itemized grants

26

Median grant

$240

RecipientLocationPurposeAmount
UNITED THROUGH READINGSAN DIEGO, CAGENERAL OPERATING SUPPORT$2.1M
NEW YORK HISTORICAL SOCIETYNEW YORK, NYGENERAL OPERATING SUPPORT$100k
FROM THE HEART PRODUCTIONSOXNARD, CAGENERAL OPERATING SUPPORT$5k
PLANNED PARENTHOOD SOUTH ATLANTICRALEIGH, NCGENERAL OPERATING SUPPORT$5k
HOLLYWOOD SCHOOLHOUSE INCLOS ANGELES, CAGENERAL OPERATING SUPPORT$2k
OFF ASSIGNMENT INCNEW YORK, NYGENERAL OPERATING SUPPORT$2k
CHILDREN'S AID SOCIETY - WAGON ROAD CAMPCHAPPAQUA, NYGENERAL OPERATING SUPPORT$1k
BUSINESS COUNCIL FOR PEACE INC (BPEACE)WINSTON SALEM, NCGENERAL OPERATING SUPPORT$1k
MEQUON-THIENSVILLE SCHOOL DISTRICTWEST MILWAUKEE, WIGENERAL OPERATING SUPPORT$1k
TATTERED PAWS AND GOLDEN HEARTS RESCUEBELLINGHAM, WAGENERAL OPERATING SUPPORT$970
PTA WISCONSIN CONGRESSSHULLSBURG, WIGENERAL OPERATING SUPPORT$500
MILWAUKEE RESCUE MISSIONMILWAUKEE, WIGENERAL OPERATING SUPPORT$450
DOCTORS WITHOUT BORDERS USANEW YORK, NYGENERAL OPERATING SUPPORT$280
OSSINING FOOD PANTRYOSSINING, NYGENERAL OPERATING SUPPORT$200
TUNNEL TO TOWERS FOUNDATIONSTATEN ISLAND, NYGENERAL OPERATING SUPPORT$200
ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNGENERAL OPERATING SUPPORT$150
THE SUSAN G KOMEN BREAST CANCER FOUNDATIONDALLAS, TXGENERAL OPERATING SUPPORT$150
CHOSEN 300 MINISTRIES INCARDMORE, PAGENERAL OPERATING SUPPORT$100
EQUIDON INCLAREL BLOOMERY, TNGENERAL OPERATING SUPPORT$100
LAKELAND UNIVERSITY INCPLYMOUTH, WIGENERAL OPERATING SUPPORT$55
BIG EAST AKITA RESCUETOMS RIVER, NJGENERAL OPERATING SUPPORT$50
HOOVERS HAUSE ALL DOG RESCUEOLIVE BRANCH, MSGENERAL OPERATING SUPPORT$50
JONATHAN MONTESSORI HOUSE OF CHILDREN INCCHASKA, MNGENERAL OPERATING SUPPORT$35
FOOD BANK OF HUDSON VALLEYCORNWALLONHUDSON, NYGENERAL OPERATING SUPPORT$25
MID HUDSON ANIMAL AID INCBEACON, NYGENERAL OPERATING SUPPORT$25
Compare this foundation's grantees

Down 25%
from 2023

From $24k in 2023 to $18k in 2024.

$24k
2023
$18k
2024
In today's dollarsEst.
Down 28% in real terms$27k to $19k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay fell 25% from 2023 to 2024, while revenue rose 214%.

$24k in 2023 to $18k in 2024.
  • Board Secretary pay fell 29% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about READER'S DIGEST FOUNDATION

What does the Board President of READER'S DIGEST FOUNDATION earn?

In 2024, the Board President of READER'S DIGEST FOUNDATION received $18,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at READER'S DIGEST FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board President at READER'S DIGEST FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at READER'S DIGEST FOUNDATION equaled 0.8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are READER'S DIGEST FOUNDATION's revenue and expenses?

In 2024, READER'S DIGEST FOUNDATION reported $555k in total revenue and $2.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.