The Reading 1 Foundation
Preselected recipients only
The Reading 1 Foundation is a private foundation in Hunting Valley, Ohio. In tax year 2024 it gave $198,500 in 7 grants; the typical grant was $20,000 and the largest $80,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$198,500
- Number of grants7
- Typical grant$20,000
- Largest grant$80,000
- Assets$3.6 million
- New grantees57%
Giving in 2024 was down from $235,000 the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $60,000 | 2 | $2.8 million |
| 2023 | $235,000 | 5 | $3.6 million |
| 2024 | $198,500 | 7 | $3.6 million |
How to apply
The Reading 1 Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Reading 1 Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 5 | $178,500 |
| California | 1 | $10,000 |
| Illinois | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Laurel School | General tax-exempt purposes | $80,000 |
| Cleveland Institute of Art | General tax-exempt purposes | $51,000 |
| Hopewell | General tax-exempt purposes | $20,000 |
| Cleveland Zoological Society | General tax-exempt purposes | $20,000 |
| The Willows Community School | General tax-exepmt purposes | $10,000 |
| Uchicago Space Program | General tax-exempt purposes | $10,000 |
| Fairmount Presbyterian Church | General tax-exempt purposes | $7,500 |
Officers and trustees
- Sally Reddig Schulze
Questions people ask
Does The Reading 1 Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Reading 1 Foundation give?
$198,500 in tax year 2024, across 7 grants, with a typical grant of $20,000.
Who runs The Reading 1 Foundation?
Its 2024 filing lists Sally Reddig Schulze (Trustee).
What does The Reading 1 Foundation fund?
Based on its grants, mainly education.