Private foundation · EIN 34-7129352 · Chagrin Falls, Ohio · Philanthropy & grantmaking

The Reading 1 Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 22 grants paid, $199K total. 86% of grants stayed in Ohio.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
22
$199K
Median grant
—
Stays in OH
86%
of grants
Deadline
—
Assets
$3.6M

Grants paid in 2024

22 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Laurel SchoolShaker Heights, OHGeneral tax-exempt purposes$80K
Cleveland Institute of ArtCleveland, OHGeneral tax-exempt purposes$51K
HopewellMiddlefield, OHGeneral tax-exempt purposes$20K
Cleveland Zoological SocietyCleveland, OHGeneral tax-exempt purposes$20K
The Willows Community SchoolCulver City, CAGeneral tax-exepmt purposes$10K
Uchicago Space ProgramChicago, ILGeneral tax-exempt purposes$10K
Fairmount Presbyterian ChurchCleveland Heights, OHGeneral tax-exempt purposes$7,500
Heights Youth ClubCleveland, OHGeneral tax-exempt purposes
Young Audiences of Northeast OhioCleveland, OHGeneral tax-exempt purposes
University SchoolChagrin Falls, OHGeneral tax-exempt purposes
Rose Center for Aging WellCleveland, OHGeneral tax exempt purposes
Nature Center at Shaker LakesCleveland, OHGeneral tax-exempt purposes
Cleveland Museum of ArtCleveland, OHGeneral tax-exempt purposes
United Way of ClevelandCleveland, OHGeneral tax-exempt purposes
Cleveland Institute of MusicCleveland, OHGeneral tax-exempt purposes
North Union Farmers MarketCleveland, OHGeneral tax-exempt purposes
University Circle IncCleveland, OHGeneral tax-exempt purposes
Lake View Cemetery FdnCleveland, OHGeneral tax-exempt purposes
Playhouse Square FoundationCleveland, OHGeneral tax-exempt purposes
Case Western Reserve UniversityCleveland, OHGeneral tax-exempt purposes
Friends of Breakthrough SchoolsCleveland, OHGeneral tax-exempt purposes
Shady Side AcademyPittsburgh, PAGeneral tax-exempt purposes

By state: Ohio 19 · California 1 · Illinois 1 · Pennsylvania 1

About this foundation

The Reading 1 Foundation is a private grantmaking foundation in Chagrin Falls, Ohio, administered in care of Victor G Kmetich, tax-exempt since 2001. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does The Reading 1 Foundation accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does The Reading 1 Foundation give each year?

In tax year 2024 it paid $199K across 22 grants, a median of .

Where does The Reading 1 Foundation give?

Ohio (19 grants), California (1 grants), Illinois (1 grants) and elsewhere, per its latest filing.

More foundations near Chagrin Falls that accept applications

All in Ohio
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
M E & F J Callahan Foundationsince 1975 Chagrin Falls, OH $2.9M71 grants · 2024 $10KYes $23M
Oneill Brothers Foundationsince 1955 Chagrin Falls, OH $513K72 grants · 2025 $5,000Yes $6.0M
Geisse Foundationsince 1970 Chagrin Falls, OH $581K28 grants · 2025 $8,940Yes $4.0M
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