The Read to Succeed Foundation Inc is a private foundation focused on Education, based in NEW ALBANY, OH. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $4K in total assets. In 2023, it made $2K in qualifying distributions.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$4K
+6.7% YoY
Revenue
$7K
Qualifying Distributions
$2K
+41.3% YoY
Expenses
$2K
+41.3% YoY
Under IRS private-foundation payout rules, The Read to Succeed Foundation Inc reported a distributable amount of $171 for 2023 — the minimum it must pay out in qualifying distributions.
About The Read to Succeed Foundation Inc
Based on IRS filings
The Read to Succeed Foundation Inc is a private foundation focused on Education, based in NEW ALBANY, OH. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $4K in total assets. In 2023, it made $2K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,580 | $3,354 | $4,742 |
| Revenue | $7,000 | — | $8,800 |
| Expenses | $1,961 | $1,388 | $4,058 |
| Qualifying Distributions | $1,961 | $1,388 | $4,058 |
| Net Investment Income | — | — | — |
| Distributable Amount | $171 | $199 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA SPECTOR | PRESIDENT | 1 | — |
| MARGIE FLEISCHER | TRUSTEE | 0.5 | — |
| LAURIE WORLEY | TRUSTEE | 0.5 | — |
| GINA STELLUTI | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Read to Succeed Foundation Inc?
The Read to Succeed Foundation Inc is a private foundation focused on Education, based in NEW ALBANY, OH. It holds $4K in total assets as of 2023.
How large is The Read to Succeed Foundation Inc?
As of 2023, The Read to Succeed Foundation Inc holds $4K in total assets with $7K in annual revenue.
How much is The Read to Succeed Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Read to Succeed Foundation Inc reported a distributable amount of $171 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Read to Succeed Foundation Inc's EIN?
The Read to Succeed Foundation Inc's EIN (Employer Identification Number) is 83-3965562. IRS Form 990 filing data is available on this page for 2021–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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