The mission of the Foundation for Reading Area Community College is to augment and enhance the college's ability to offer affordable, quality educational opportunities to the community.
Key facts about Foundation for Reading Area Community College
In short: Foundation for Reading Area Community College gave $1.4M across 1 grant in 2025 (avg $1.4M), mostly in Pennsylvania. Source: 2025 IRS Form 990.
- EIN
- 23-2273163
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $1,428,497
- Grants made (2025)
- 1
- Average grant
- $1,428,497
- Median grant
- $1,428,497
- Total assets
- $31,986,764
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$32.0M
+10.5% YoY
Annual Giving
$1.4M
+15.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.4M
+15.8% YoY
How Foundation for Reading Area Community College gives
- Giving grew 131% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Foundation for Reading Area Community College
Based on IRS filings
Foundation for Reading Area Community College is a public charity focused on Education, based in Reading, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $32.0M in total assets. In 2025, it awarded 1 grant totaling $1.4M. Net investment income was $381K.
Focus Areas
Open Grants
1 open opportunity from Foundation for Reading Area Community College
Ready to take the next step with Foundation for Reading Area Community College?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $428K (2021) to $1.4M (2025). In 2025 it made 1 grant totaling $1.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Reading Area Community College ($1.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 5 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Reading Area Community College Reading, PA | Healthcare pavilion campaign, books and equipment, college needs, arts, culture, lectures | $1,428,497 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $31,986,764 | $28,950,000 | $25,439,059 |
| Revenue | $4,109,333 | $4,212,353 | $1,876,136 |
| Expenses | $3,567,511 | $2,988,127 | $1,902,741 |
| Net Investment Income | $380,800 | $186,220 | $262,232 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS September 14, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 13, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 13, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 23, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS September 11, 2025)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Foundation for Reading Area Community College is led by Anthony Demarco, Executive Director on every filing since 2021; none of the 31 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anthony Demarco
Executive Director
On filings since 2021
15 hrs/week
No compensation reported
Gary M. Moyer
Chair
Vice Chair → Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Gary W. Rightmire
Director
On filings since 2021
1 hr/week
No compensation reported
Jerome I. Marcus
Director
On filings since 2021
1 hr/week
No compensation reported
Katie B. Hannon
Director
On filings since 2021
1 hr/week
No compensation reported
Michael J. Noon
Director
On filings since 2021
1 hr/week
No compensation reported
Paul G. Oxholm
Director
On filings since 2021
1 hr/week
No compensation reported
Peter T. Edelman
Director
Chair → Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Susan D. Looney
Director
On filings since 2021
1 hr/week
No compensation reported
William F. Bender
Director
On filings since 2021
1 hr/week
No compensation reported
Becky Shemanski
Director
On filings since 2022
1 hr/week
No compensation reported
Eric G. Burkey
Director
On filings since 2022
1 hr/week
No compensation reported
Jill Hackman
Director
On filings since 2022
1 hr/week
No compensation reported
Kristi Gage-Linderman
Director
On filings since 2022
1 hr/week
No compensation reported
Maryanne Post Bell
Director
On filings since 2022
1 hr/week
No compensation reported
Steven A. Ehrlich
Director
On filings since 2022
1 hr/week
No compensation reported
Virginia Rush
Director
On filings since 2022
1 hr/week
No compensation reported
Alexandra Goodman
Director
On filings since 2023
1 hr/week
No compensation reported
Daniel B. Laws Jr.
Director
On filings since 2023
1 hr/week
No compensation reported
Peter Rowley
Director
On filings since 2023
1 hr/week
No compensation reported
Sandra Focht
Director
On filings since 2023
1 hr/week
No compensation reported
Sharon White
Director
On filings since 2023
1 hr/week
No compensation reported
Charles Barbera
Director
On filings since 2024
1 hr/week
No compensation reported
Charles Fries
Director
On filings since 2024
1 hr/week
No compensation reported
Kelsey Frankowski Esq.
Director
On filings since 2024
1 hr/week
No compensation reported
Edwin L. Stock Esq.
Director
New on the 2025 filing
1 hr/week
No compensation reported
Craig M. Perrotty
Secretary
Director → Secretary, 2022
On filings since 2021
1 hr/week
No compensation reported
Mary M. Palmer
Vice Chair
Director → Vice Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Michael E. Nagel
Vice President Emeritus-Non-Voting
Vice President Emeritus → Vice President Emeritus Non-Voting, 2024
Vice President Emeritus Non-Voting → Vice President Emeritus-Non-Voting, 2025
On filings since 2021
1 hr/week
No compensation reported
Ryan P. Hottenstein
Treasurer
Assistant Treasurer → Treasurer, 2024
On filings since 2021
1 hr/week
No compensation reported
Rebecca A. Iannelli
Assistant Treasurer
Treasurer → Assistant Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (11)
- Former: Gust Zogas (2021–2023) — Director
- Former: Paul D. Cohn (2021–2023) — Director
- Former: Roger J. Schmidt (2021–2023) — Director
- Former: Sean Wyandt (2021–2023) — Director
- Former: Whitney A. Sanders II (2021–2023) — Director
- Former: Charles Fires (2023) — Student Representative
- Former: Joseph J. Swope (2021–2022) — Director
- Former: Rolf D. Schmidt (2021–2022) — Director
- Former: James A. Hughes (2021) — Director
- Former: Rebecca A. Clouser (2021) — Treasurer
- Former: Ronald L. Bashore (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foundation for Reading Area Community College
How much does Foundation for Reading Area Community College give each year?
Foundation for Reading Area Community College gave $1.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.2M across 1 grant.
How large is Foundation for Reading Area Community College?
Foundation for Reading Area Community College reported $32.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.1M.
What is Foundation for Reading Area Community College?
Foundation for Reading Area Community College is a public charity focused on Education, based in Reading, PA. It holds $32.0M in total assets as of 2025.
Where does Foundation for Reading Area Community College operate?
Foundation for Reading Area Community College has awarded grants in Pennsylvania.
What is Foundation for Reading Area Community College's EIN?
Foundation for Reading Area Community College's EIN (Employer Identification Number) is 23-2273163. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Foundation for Reading Area Community College by hand.
Explore Open Grants
Browse active grant opportunities in Foundation for Reading Area Community College's focus areas in our free grants database
Similar Funders
Similar funders in Pennsylvania
The Pittsburgh Foundation
Pittsburgh, PA
The Pittsburgh Foundation funds basic needs, racial equity and social justice, environmental action, arts and culture, and economic mobility, primarily for organizations located in or serving Allegheny County, Pennsylvania. Its 2024 grants had a median of $18,576, though awards varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
The William Penn Foundation
Philadelphia, PA
The William Penn Foundation funds arts and culture, children and families, civic engagement, the environment and public spaces, and workforce training across the Philadelphia region. Its 2024 grants ranged from $45 to $7.78 million, with a median of $50,000. It accepts unsolicited requests through a limited open-application process, though it recommends applying through a relevant RFP when available.
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
Dick's Sporting Goods Foundation
Coraopolis, PA
The DICK’S Sporting Goods Foundation primarily funds youth sports programs that reduce barriers to participation, with additional support for public lands and outdoor access. Its 2025 grants had a median of $5,000, though awards ranged from $626 to $2.5 million, and its Sports Matter program supports eligible organizations across the U.S. Sports Matter opportunities are by invitation only.
Assets
$34.5M
Grants
964
Total Given
$18.0M
Hillman Family Foundations
Pittsburgh, PA
The 18 independently operated Hillman foundations fund varied projects—including arts, health, education, workforce development, and community development—with priorities and geographic reach that differ by foundation. In 2024, grants ranged from $75 to $5 million, with a median award of $20,000. The stated application process begins with a brief letter of intent through the online portal; no deadline is listed.
Assets
$1.9B
Grants
814
Total Given
$88.8M
Pidc Financing Corporation
Philadelphia, PA
PIDC Financing Corporation administers Pennsylvania’s PIDA loan program, which finances businesses’ real estate acquisitions, leasehold improvements, and capital equipment, and the state-funded Local Share Account grant program. It reported no grants in 2022–2024, so no typical grant size is stated; program eligibility areas and whether it accepts unsolicited requests are not specified.
Assets
$6.7M
Grants
774
Total Given
$16.4M
Pennsylvania CDFI Network
Philadelphia, PA
The Pennsylvania CDFI Network funds Pennsylvania CDFIs and related organizations for technical assistance and loan capital supporting small businesses and community development. Its 2025 grants ranged from $6,000 to $7.1 million, with a median of $10,000; the profile does not state whether it accepts unsolicited requests.
Assets
$4.5M
Grants
180
Total Given
$15.5M
The Philadelphia Foundation
Philadelphia, PA
The Philadelphia Foundation supports economic mobility and vulnerable residents in Greater Philadelphia, with funding also available through specific arts, culture, and other initiatives. Its 2024 grants had a median of $25,500, though awards varied widely; whether it accepts unsolicited requests is not stated.
Assets
$704.6M
Grants
715
Total Given
$39.1M
Anabaptist Foundation
Lewisburg, PA
The Anabaptist Foundation funds churches and nonprofits, especially conservative Anabaptist organizations, for activities such as humanitarian aid, community assistance, and Christian ministry; most grant dollars went to Pennsylvania, with recipients also concentrated in Ohio, Missouri, Tennessee, and Indiana. In 2025, its median grant was $23,500, though awards ranged from $5,300 to over $4 million. The profile does not state whether it accepts unsolicited requests.
Assets
$81.8M
Grants
582
Total Given
$42.2M
The Heinz Endowments
Pittsburgh, PA
The Heinz Endowments funds 501(c)(3) public charities and eligible government entities across arts and culture, civic participation, climate and health, community and economic development, food systems, veterans, and workforce. It focuses on southwestern Pennsylvania; grants in 2024 ranged from $1,500 to $6.04 million, with a median of $70,000. It accepts letters of inquiry on a rolling basis, and first-time applicants should begin with an LOI.
Assets
$2.2B
Grants
550
Total Given
$85.4M
The Annenberg Foundation
Conshohocken, PA
The Annenberg Foundation funds arts and culture, education, and environmental work, along with varied community initiatives, with grants across multiple states; in 2024, 58% of grant dollars went to California. Its 2024 grants had a median of $25,000, though awards ranged widely, and it does not accept unsolicited requests, giving only to preselected charitable organizations.
Assets
$1.5B
Grants
543
Total Given
$53.3M
More Funders in Pennsylvania
Foundation for Reading Area Community College down — hundreds of funders to go?