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Read Family Charitable Fund is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 2010. The principal officer is Stephen H Read. It holds total assets of $410K. Annual income is reported at $114K. Total assets have grown from $68K in 2011 to $299K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Michigan, Illinois and Oregon. According to available records, Read Family Charitable Fund has made 33 grants totaling $113K, with a median grant of $2K. Annual giving has grown from $16K in 2020 to $37K in 2023. Grantmaking activity was highest in 2022 with $38K distributed across 14 grants. Individual grants have ranged from $150 to $21K, with an average award of $3K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Michigan, Illinois, Florida, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$2K
Average Grant
$3K
Largest Grant
$10K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Read Family Charitable Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MI, IL, FL.
Read Family Charitable Fund has distributed a total of $113K across 33 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $150 to $21K.
Read Family Charitable Fund typically selects its grantees rather than accepting unsolicited proposals.
Read Family Charitable Fund is headquartered in BLOOMFLD HLS, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eileen Weisse-Mcissac | DIRECTOR | $0 | $0 | N/A |
| Renee T Read | PRESIDENT | $0 | $0 | N/A |
Total Giving
$38K
Total Assets
$299K
Fair Market Value
$299K
Net Worth
$299K
Grants Paid
$37K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$10K
Total: $209K
Total Grants
33
Total Giving
$113K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
13
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kirk In The Hills ChurchCHARITABLE | Bloomfield Hills, MI | $21K | 2023 |
| Beyond BasicsCHARITABLE | Bloomfield Hills, MI | $5K | 2023 |
| West Side Christian AcadamyCHARITABLE | Detroit, MI | $4K | 2023 |
| Women Of TomorrowCHARITABLE | Doral, FL | $3K | 2023 |
| Fallen And Wounded SoldiersCHARITABLE | Bloomfield Hills, MI | $2K | 2023 |
| Alzheimers AssociationCHARITABLE | Chicago, IL | $2K | 2023 |
| Shades Of Pink FoundationCHARITABLE | Birmingham, MI | $1K | 2023 |
| Grace Center For HopeCHARITABLE | Pontiac, MI | $150 | 2023 |
| Blanchet House Of HospitalityCHARITABLE | Portland, OR | $500 | 2022 |
| Lighthouse Of Oakland CtyCHARITABLE | Pontiac, MI | $300 | 2022 |
| Leelanau ConservancyCHARITABLE | Leland, MI | $200 | 2022 |
| Westside Christian AcademyCHARITABLE | Detroit, MI | $3K | 2021 |
| Women Of Tomorrow Mentor And ScholaCHARITABLE | Doral, FL | $2K | 2021 |