Mrs Betty G Reader Scholarship Fu
Mrs Betty G Reader Scholarship Fu is a private foundation, based in Miami Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.1M in total assets. In 2024, it awarded 3 grants totaling $82K. Net investment income was $315K.
Mrs Betty G Reader Scholarship Fu at a glance
In short: Mrs Betty G Reader Scholarship Fu gave $82K across 3 grants in 2024 (avg $27K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $82,000
- -71.7% vs 2023
- Grants made (2024)
- 3
- -25.0% vs 2023
- Average grant
- $27,333
- -62.3% vs 2023
- Median grant
- $27,000
- Total assets
- $8,123,421
- -2.4% vs 2023
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mrs Betty G Reader Scholarship Fu funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was University of Miami ($45K). Together the top 3 received $82K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 12 grants of 16 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Mrs Betty G Reader Scholarship Fu gives
- Giving fell 66% from 2021 to 2024. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $82K (2024) to $290K (2023). In 2024 it made 3 grants totaling $82K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Miami Miami, FL | Scholarship Fund | $45,000 |
| Talmudic College of Florida Miami Beach, FL | Scholarship Fund | $27,000 |
| Douglas Gardens CMHC Miami, FL | Research and education | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $8,123,421 | $499,382 | $280,339 | $82,000 | 3 | $119,500 | $314,855 | — |
| 2023 | $8,322,432 | $210,649 | $498,014 | $289,705 | 4 | $321,705 | $46,451 | — |
| 2022 | $8,630,128 | $305,851 | $368,499 | $171,250 | 3 | $203,150 | $110,502 | $12,747 |
| 2021 | $8,697,280 | $528,454 | $470,878 | $240,000 | 3 | $295,000 | $318,076 | $48,452 |
| 2020 | $8,646,276 | $646,845 | $460,047 | $241,250 | 3 | — | $441,944 | $465,847 |
Leadership & Key People
Officers and directors from IRS filings
Mrs Betty G Reader Scholarship Fu's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Candice Macy
Director
On filings since 2020
20 hrs/week
$55K (2020) → $41K (2024)
Marc Gidney
Trustee
On filings since 2020
20 hrs/week
$99K (2020) → $114K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $114K, to Marc Gidney (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Mrs Betty G Reader Scholarship Fu
How much does Mrs Betty G Reader Scholarship Fu give each year?
Mrs Betty G Reader Scholarship Fu gave $82K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $290K across 4 grants.
What is Mrs Betty G Reader Scholarship Fu's typical grant size?
Mrs Betty G Reader Scholarship Fu's median grant in 2024 was $27,000, and its average grant was $27,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does Mrs Betty G Reader Scholarship Fu give grants?
Mrs Betty G Reader Scholarship Fu gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Miami, FL (2 grants).
Does Mrs Betty G Reader Scholarship Fu give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Mrs Betty G Reader Scholarship Fu's 2024 IRS Form 990-PF were described as general or operating support.
How large is Mrs Betty G Reader Scholarship Fu?
Mrs Betty G Reader Scholarship Fu reported $8.1M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $499K.
What is Mrs Betty G Reader Scholarship Fu's EIN?
Mrs Betty G Reader Scholarship Fu's EIN (Employer Identification Number) is 27-1402549. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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