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Read To Achieve Foundation is a private corporation based in CUPERTINO, CA. The foundation received its IRS ruling in 2015. The principal officer is Ada Ho-Ying Kwan. It holds total assets of $1.1M. Annual income is reported at $70K. Total assets have grown from $146K in 2015 to $1.1M 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 2016 to 2024. Funding is distributed across 4 states, including California, New York, Connecticut. According to available records, Read To Achieve Foundation has made 33 grants totaling $29K, with a median grant of $500. Annual giving has grown from $6K in 2021 to $8K in 2024. Grantmaking activity was highest in 2023 with $15K distributed across 12 grants. Individual grants have ranged from N/A to $9K, with an average award of $879.697. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Maine, California, Connecticut, which account for 70% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$440
Average Grant
$1K
Largest Grant
$10K
Based on 16 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 To Achieve Foundation 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 ME, CA, CT.
Read To Achieve Foundation has distributed a total of $29K across 33 grants. The median grant size is $500, with an average of $879.697. Individual grants have ranged from N/A to $9K.
Read To Achieve Foundation typically selects its grantees rather than accepting unsolicited proposals.
Read To Achieve Foundation is headquartered in CUPERTINO, CA. While based in CA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fan Wan Lai | CEO | $0 | $0 | N/A |
| Ada Ho-Ying Kwan | CFO | $0 | $0 | N/A |
Total Giving
$77K
Total Assets
$1.1M
Fair Market Value
$1.6M
Net Worth
$1.1M
Grants Paid
$8K
Contributions
$67K
Net Investment Income
$18K
Distribution Amount
$67K
Total: $1M
Total Grants
33
Total Giving
$29K
Average Grant
$879.697
Median Grant
$500
Unique Recipients
29
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project HopeCharitable | Hagerstown, MD | $500 | 2021 |
| Ciee IncCharitable | South Portland, ME | $3K | 2024 |
| Humane Society SvCharitable | Palo Alto, CA | $1K | 2024 |
| Cool The EaCharitable | Greenbrae, CA | $1K | 2024 |
| Ronald Mcdonald House (Hong Kong)Charitable | Shatin | $641 | 2024 |
| Maui Food BankCharitable | Wailuku, HI | $513 | 2024 |
| Yu-Ai Kai Japanese Senior CenterCharitable | San Jose, CA | $500 | 2024 |
| Dwbdoctors Wo BorderCharitable | Hong Kong | $360 | 2024 |
| Sj Animl WeblicCharitable | Milpitas, CA | $155 | 2024 |
| Save The ChildrenCharitable | Fairfield, CT | $108 | 2024 |
| ChangeorgEducational | Cupertino, CA | $100 | 2024 |
| WwwfamilygivingtreeorgCharitable | Milpitas, CA | $100 | 2024 |
| CieeCharitbale | South Portland, ME | $9K | 2023 |
| Save The Children UsaCharitable | Fairfield, CT | $2K | 2023 |
| Humane Society Silicon ValleyCharitable | Palo Alto, CA | $1K | 2023 |
| National MallorgCharitbale | Washington, DC | $1K | 2023 |
| West Kowloon Cultural CentreCharitbale | Hong Kong | $640 | 2023 |
| Cupertino High SchoolEducational | Cupertino, CA | $600 | 2023 |
| Family Giving TreeCharitable | Milpitas, CA | $455 | 2023 |
| Doctors Without BorderCharitbale | Hong Kong | $360 | 2023 |
| Hya FoundationCharitbale | Saratoga, CA | $256 | 2023 |
| Hk Science & Tech MuseumCharitbale | Hong Kong | N/A | 2023 |
| Ceef - Lawson Middle School DonationCharitbale | Cupertino, CA | N/A | 2023 |
| Hk Palace MuseumCharitbale | Hong Kong | N/A | 2023 |
| San Francisco ZooCharitable | San Francisco, CA | $620 | 2021 |
| California Fire FoundationCharitable | Sacramento, CA | $500 | 2021 |
| Coalition For Clean AirCharitable | Sacramento, CA | $315 | 2021 |
| American Red CrossCharitable | San Jose, CA | $250 | 2021 |
| GofundmeCharitable | Redwood City, CA | N/A | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA