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.
Financial Overview
From 2025 IRS Form 990-PF · 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
About Foundation for Reading Area Community
Based on IRS filings
Foundation for Reading Area Community is a nonprofit organization 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 grants totaling $1.4M. Net investment income was $381K.
Focus Areas
Ready to take the next step with Foundation for Reading Area Community?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $380,800 | $186,220 | $262,232 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Open Grants
2 open opportunities from Foundation for Reading Area Community
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY M MOYER | CHAIR | 1 | — |
| MARY M PALMER | VICE-CHAIR | 1 | — |
| RYAN P HOTTENSTEIN | TREASURER | 1 | — |
| REBECCA A IANNELLI | ASSISTANT TREASURER | 1 | — |
| CRAIG M PERROTTY | SECRETARY | 1 | — |
| DR CHARLES BARBERA | DIRECTOR | 1 | — |
| WILLIAM F BENDER | DIRECTOR | 1 | — |
| ERIC G BURKEY | DIRECTOR | 1 | — |
| PETER T EDELMAN | DIRECTOR | 1 | — |
| STEVEN A EHRLICH | DIRECTOR | 1 | — |
| CHARLES FRIES | DIRECTOR | 1 | — |
| SANDRA FOCHT | DIRECTOR | 1 | — |
| KELSEY FRANKOWSKI ESQ | DIRECTOR | 1 | — |
| KRISTI GAGE-LINDERMAN | DIRECTOR | 1 | — |
| ALEXANDRA GOODMAN | DIRECTOR | 1 | — |
| DR JILL HACKMAN | DIRECTOR | 1 | — |
| KATIE B HANNON | DIRECTOR | 1 | — |
| DANIEL B LAWS JR | DIRECTOR | 1 | — |
| DR SUSAN D LOONEY | DIRECTOR | 1 | — |
| DR JEROME I MARCUS | DIRECTOR | 1 | — |
| MICHAEL J NOON | DIRECTOR | 1 | — |
| PAUL G OXHOLM | DIRECTOR | 1 | — |
| MARYANNE POST BELL | DIRECTOR | 1 | — |
| GARY W RIGHTMIRE | DIRECTOR | 1 | — |
| PETER ROWLEY | DIRECTOR | 1 | — |
| VIRGINIA RUSH | DIRECTOR | 1 | — |
| BECKY SHEMANSKI | DIRECTOR | 1 | — |
| EDWIN L STOCK ESQ | DIRECTOR | 1 | — |
| SHARON WHITE | DIRECTOR | 1 | — |
| MICHAEL E NAGEL | VICE PRESIDENT EMERITUS-NON-VOTING | 1 | — |
| ANTHONY DEMARCO | EXECUTIVE DIRECTOR | 15 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Best Little Cat House in PA
HARRISBURG, PA
Assets
$281K
Grants
0
Total Given
—
The Irene P Sorbara Charitable Foundation
PITTSBURGH, PA
Assets
$2.5M
Grants
2
Total Given
$131K
Penn and Lisa Seiple Conservancy
SUNBURY, PA
Assets
$1.5M
Grants
0
Total Given
—
Daniel M Tabas Family Foundation
HAVERFORD, PA
Assets
$8.0M
Grants
9
Total Given
$86K
John Griner Charitable Trust
PITTSBURGH, PA
Assets
$394K
Grants
1
Total Given
$20K
Shaffer Family Charitable Trust
BETHLEHEM, PA
Assets
$7.1M
Grants
15
Total Given
$610K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Foundation for Reading Area Community on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities