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Elaines Reading Is Fun Foundation is a private corporation based in HOOVER, AL. The foundation received its IRS ruling in 2013. The principal officer is Homer Eugene Smith Jr. It holds total assets of $6.6M. Annual income is reported at $308K. Total assets have grown from N/A in 2012 to $6.6M in 2024. The foundation is governed by 2 officers and trustees. East lake academy: to support the school. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Alabama and Missouri. According to available records, Elaines Reading Is Fun Foundation has made 7 grants totaling $168K, with a median grant of $25K. Annual giving has decreased from $138K in 2020 to $30K in 2022. Individual grants have ranged from $9K to $48K, with an average award of $24K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Alabama and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$20K
Average Grant
$27K
Largest Grant
$59K
Based on 4 grants from the most recent 990-PF filing.
Hoover public safety charity foundation: $48,000 to promote public safety in the city of hoover
Expenses: $48K
Banks academy: $25,000 to support quality education to students lacking resources and access to improved educational oppurtunities.
Expenses: $25K
Rising hope academy: $25,000 to support private school specializing in trauma based informed education program.
Expenses: $25K
Hoover helps: $20,777 to support children and familities in need through neighborhood bridges hoover.
Expenses: $21K
East lake academy: to support the school. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in AL, TN.
Elaines Reading Is Fun Foundation has distributed a total of $168K across 7 grants. The median grant size is $25K, with an average of $24K. Individual grants have ranged from $9K to $48K.
Elaines Reading Is Fun Foundation typically selects its grantees rather than accepting unsolicited proposals.
Elaines Reading Is Fun Foundation is headquartered in HOOVER, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Homer E Smith | PRESIDENT | $0 | $0 | N/A |
| Virgina S Rawls | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.6M
Fair Market Value
N/A
Net Worth
$6.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$168K
Average Grant
$24K
Median Grant
$25K
Unique Recipients
7
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| East Lake AcademyTO SUPPORT THE PRIVATE SCHOOL | Birmingham, AL | $30K | 2022 |
| Hoover Public Safety Charity FoundationTO PROMOTE PUBLIC SAFETY IN THE CITY OF HOOVER. | Hoover, AL | $48K | 2020 |
| Banks AcademyTO SUPPORT QUALITY EDUCATION TO STUDENTS LACKING RESOURCES AND ACCESS TO IMPROVED EDUCATIONAL OPPORTUNITIES | Birmingham, AL | $25K | 2020 |
| Rising Hope AcademyTO SUPPORT THE PRIVATE SCHOOL SPECIALIZING IN A TRAUMA BASED INFORMED EDUCATION PROGRAM THAT SERVES STUDENTS WHOSE FAMILIES ARE RECOVERING FROM A CRISIS SITUATION. | Birmingham, AL | $25K | 2020 |
| Hoover HelpsDONATION FOR CHILDREN AND FAMILIES IN NEED THROUGH NEIGHBORHOOD BRIDGES HOOVER. | Hoover, AL | $21K | 2020 |
| Boys And Girls Club Of The Ocoee RegionTO SUPPORT THE AFTER SCHOOL PROGRAM THAT PROVIDES STUDENTS WITH ACADEMIC ASSISTANCE, HEALTH AND SAFETY PROGRAMS, AND CHARACTER AND LEADERSHIP DEVELOPMENT. | Cleveland, TN | $10K | 2020 |
| Open EyesTO SUPPORT SERVING STUDENTS IN LESS PRIVILEGED INCOME AREAS TO ENCOURAGE EDUCATIONAL AND OCCUPATIONAL IMRPOVEMENT AND SUCCESS THROUGH INDIVIDUALIZED MENTORSHIP. | Mount Olive, AL | $9K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL