Read Family Charitable Fund
Read Family Charitable Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMFIELD HILLS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $410K in total assets. In 2024, it awarded 7 grants totaling $21K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$410K
+37.1% YoY
Annual Giving
$21K
-43.8% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$3K
-35.8% YoY
Under IRS private-foundation payout rules, Read Family Charitable Fund reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About Read Family Charitable Fund
Based on IRS filings
Read Family Charitable Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMFIELD HILLS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $410K in total assets. In 2024, it awarded 7 grants totaling $21K. Net investment income was $6K.
Focus Areas
Ready to take the next step with Read Family Charitable Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $409,643 | $298,785 | $327,693 |
| Revenue | $114,220 | $9,552 | $100,000 |
| Expenses | $24,113 | $38,460 | $19,700 |
| Qualifying Distributions | $20,600 | $36,650 | $19,000 |
| Net Investment Income | $6,310 | $2,368 | — |
| Distributable Amount | $31,879 | $9,866 | $12,097 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hopes Garden ($10,000), Alzheimers Association ($3,000), Shades of Pink Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ASSOCIATION CHICAGO, IL | CHARITABLE | $3,000 |
| BEYOND BASICS BLOOMFIELD HILLS, MI | CHARITABLE | $2,000 |
| GRACE CENTER FOR HOPE PONTIAC, MI | CHARITABLE | $300 |
| SHADES OF PINK FOUNDATION BIRMINGHAM, MI | CHARITABLE | $3,000 |
| WEST SIDE CHRISTIAN ACADAMY DETROIT, MI | CHARITABLE | $2,000 |
| HOPES GARDEN PORTLAND, OR | CHARITABLE | $10,000 |
| VARIETY CHILDRENS CHARITY BIRMINGHAM, MI | CHARITABLE | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RENEE T READ | PRESIDENT | — | — |
| EILEEN WEISSE-MCISSAC | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Read Family Charitable Fund?
Read Family Charitable Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMFIELD HILLS, MI. It holds $410K in total assets as of 2024.
How large is Read Family Charitable Fund?
As of 2024, Read Family Charitable Fund holds $410K in total assets with $114K in annual revenue. It awarded 7 grants totaling $21K in 2024.
Where does Read Family Charitable Fund operate?
Read Family Charitable Fund has awarded grants in Florida, Illinois, Michigan, Oregon.
What size grants does Read Family Charitable Fund award?
In 2024, Read Family Charitable Fund awarded 7 grants totaling $21K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Read Family Charitable Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Read Family Charitable Fund reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Read Family Charitable Fund's EIN?
Read Family Charitable Fund's EIN (Employer Identification Number) is 27-1537362. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Read Family Charitable Fund's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Read Family Charitable Fund 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
Go from researching Read Family Charitable Fund to a real strategy.