The Alabama State Capitol

Form 990-PFTax year 2024EIN 45-5414350

Elaine's Reading Is Fun Foundation

A private foundation in Hoover, AL. Its return for tax year 2024 lists 2 grants and $84,500 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $84,500

    Grants listed
    2
    Assets, end of year
    $6,642,911
  • Tax year 2023

    $89,500

    Grants listed
    4
    Assets, end of year
    $6,420,638
  • Tax year 2022

    $30,000

    Grants listed
    1
    Assets, end of year
    $6,218,786
  • Tax year 2021

    $109,099

    Grants listed
    4
    Assets, end of year
    $6,035,879
  • Tax year 2020

    $137,554

    Grants listed
    6
    Assets, end of year
    $5,960,634

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. The University of Montevallo FoundationMontevallo, AL

    To support a music scholarship in the name of elaine b. Smith.

    $64,500
  2. East Lake AcademyBirmingham, AL

    Donations support the school's mission through funding projects, student scholarships, educational materials and operational expenses, etc.

    $20,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $84,500100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Alabama2 grants $84,500

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Homer E SmithPRESIDENT Hours 1Pay $0
  • Virgina S RawlsDIRECTOR Hours 0.1Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Gene & Charlotte Brown Foundation IncMontgomery, AL 11 grants Accepts applications $84,599 giving
  2. The Benny C and Lynda A Snow Foundation TrustMobile, AL 10 grants Preselected only $83,000 giving
  3. The Haley FoundationDothan, AL 2 grants Preselected only $82,000 giving
  4. The John & Mary P Redwine Charitable TrustBirmingham, AL 5 grants Preselected only $88,000 giving
  5. Joseph N LanganMobile, AL 8 grants Preselected only $80,121 giving