Private foundation · EIN 45-5414350 · Hoover, Alabama · Philanthropy & grantmaking

Elaines Reading Is Fun 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: 2 grants paid, $85K total, median $42K. 100% of grants stayed in Alabama.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
2
$85K
Median grant
$42K
Stays in AL
100%
of grants
Deadline
—
Assets
$6.6M

Grants paid in 2024

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

RecipientPurposeAmount
The University of Montevallo FoundationMontevallo, ALTo support a music scholarship in the name of elaine b. smith.$65K
East Lake AcademyBirmingham, ALDonations support the school's mission through funding projects, student scholarships, educational materials and operational expenses, etc.$20K

About this foundation

Elaines Reading Is Fun Foundation is a private grantmaking foundation in Hoover, Alabama, administered in care of Homer Eugene Smith Jr, tax-exempt since 2013. 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 Elaines Reading Is Fun 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 Elaines Reading Is Fun Foundation give each year?

In tax year 2024 it paid $85K across 2 grants, a median of $42K.

Where does Elaines Reading Is Fun Foundation give?

Alabama (2 grants), per its latest filing.

More foundations near Hoover that accept applications

All in Alabama
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Caring Foundationsince 1991 Hoover, AL $16M1 grants · 2024 $16MYes $81M
Malone Family Foundationsince 2006 Hoover, AL $255K1 grants · 2024 $255KYes $4.8M
Gloria Narramore Moody Foundation Incsince 1991 Hoover, AL $104K10 grants · 2024 $9,000Yes $1.5M
Email me matching grants