//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Reade Industrial Fund is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1947. The principal officer is Harris N A. It holds total assets of $3.1M. Annual income is reported at $713K. The foundation is governed by 1 officer or trustee. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Illinois. According to available records, Reade Industrial Fund has made 15 grants totaling $827K, with a median grant of $61K. The foundation has distributed between $180K and $452K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $452K distributed across 8 grants. Individual grants have ranged from $19K to $87K, with an average award of $55K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$19K
Median Grant
$50K
Average Grant
$45K
Largest Grant
$62K
Based on 4 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.
Reade Industrial Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in IL.
Reade Industrial Fund has distributed a total of $827K across 15 grants. The median grant size is $61K, with an average of $55K. Individual grants have ranged from $19K to $87K.
The application deadline is MAY 1ST ANNUALLY. Restricted to illinois social service agencies assisting individuals who meet guidelines stated on application.
Reade Industrial Fund is headquartered in CHICAGO, IL.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bmo Bank N A | TRUSTEE | $39K | $0 | $39K |
Total Giving
$236K
Total Assets
$3.1M
Fair Market Value
$4.5M
Net Worth
$3.1M
Grants Paid
$195K
Contributions
N/A
Net Investment Income
$190K
Distribution Amount
$208K
Total Grants
15
Total Giving
$827K
Average Grant
$55K
Median Grant
$61K
Unique Recipients
7
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| South Suburban Council On HomelessnessGENERAL OPERATING PURPOSES | Mokena, IL | $87K | 2023 |
| Metropolitan Family ServicesGENERAL OPERATING PURPOSES | Chicago, IL | $81K | 2023 |
| All ChicagoGENERAL OPERATING PURPOSES | Chicago, IL | $27K | 2023 |
| The Catholic Charities Of The ArchdiocGENERAL OPERATING PURPOSES | Chicago, IL | $50K | 2022 |
| South Suburban Council OnGENERAL OPERATING PURPOSES | Mokena, IL | $61K | 2020 |
| Catholic Charities Of TheGENERAL OPERATING PURPOSES | Chicago, IL | $39K | 2020 |
| All Chicago Making Homelessness HistoryGENERAL OPERATING PURPOSES | Chicago, IL | $19K | 2020 |