Elaine's Reading Is Fun Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Elaine's Reading Is Fun Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 45-5414350

Foundation Overview

Based in Hoover, AL, Elaine's Reading Is Fun Foundation has awarded 21 grants totaling $540,153 to organizations in Alabama, Missouri and 1 other state across the US. Individual grants range from $8,777 to $64,500, with a median award of $20,777.

Latest Tax Year
2024
Total Giving (all years)
$540,153
Total Assets
$6,420,638
Median Grant (all grants)
$20,777

Latest Form 990-PF Snapshot

Total Grants
2
Median Grant
$42,250
% Median Grant Growth
+111% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Limited Sample: 0%

2 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.

Geographic Focus
Alabama

90% of all grants are concentrated in Alabama, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Alabama, funding concentrates in Birmingham (42%), Hoover (32%), Montevallo (16%).

Funding Trajectory
-39%

Declining funding trend with 39% decrease over 4 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Education + 3 others

Diversified giving across multiple program areas with primary emphasis on education (71%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Elaine's Reading Is Fun Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
East Lake Academy $20,000 Birmingham, AL, US Donations Support The School's Mission Through Funding Projects, Student Scholarships, Educational Materials And Operational Expenses, Etc. 2024
The University Of Montevallo Foundation $64,500 Montevallo, AL, US To Support A Music Scholarship In The Name Of Elaine B. Smith. 2024
Banks Academy $30,000 Birmingham, AL, US To Support Quality Education To Students Lacking Resources And Access To Improved Educational Opportunities. 2023
Hoover City Schools Foundation Inc $10,000 Hoover, AL, US To Assist With Teacher & Classroom Grants And Provide Students With Free And Reduced Lunches. 2023
Hoover Helps $10,000 Hoover, AL, US Donation For Children And Families In Need Through Neighborhood Bridges Hoover. 2023
The University Of Montevallo Foundation $39,500 Montevallo, AL, US To Support A Music Scholarship In The Name Of Elaine B. Smith. 2023
Banks Academy $30,000 Birmingham, AL, US To Support Quality Education To Students Lacking Resources And Access To Improved Educational Opportunities. 2023
Hoover City Schools Foundation Inc $10,000 Hoover, AL, US To Assist With Teacher & Classroom Grants And Provide Students With Free And Reduced Lunches. 2023
Hoover Helps $10,000 Hoover, AL, US Donation For Children And Families In Need Through Neighborhood Bridges Hoover. 2023
The University Of Montevallo Foundation $39,500 Montevallo, AL, US To Support A Music Scholarship In The Name Of Elaine B. Smith. 2023
East Lake Academy $30,000 Birmingham, AL, US To Support The Private School 2022
Open Eyes $20,000 Mount Olive, AL, US To Support Serving Students In Less Privileged Income Areas To Encourage Educational And Occupational Imrpovement And Success Through Individualized Mentorship. 2021
Rising Hope Academy $10,000 Birmingham, AL, US To Support The Private School Specializing In A Trauma Based Informed Education Program That Serves Students Whose Families Are Recovering From A Crisis Situation. 2021
Booksource $59,099 St Louis, MO, US To Provide Classroom Libraries To Ten Elementary Schools. 2021
East Lake Academy $20,000 Birmingham, AL, US To Support The Private School 2021
Hoover Public Safety Charity Foundation $48,000 Hoover, AL, US To Promote Public Safety In The City Of Hoover. 2020
Banks Academy $25,000 Birmingham, AL, US To Support Quality Education To Students Lacking Resources And Access To Improved Educational Opportunities 2020
Rising Hope Academy $25,000 Birmingham, AL, US To Support The Private School Specializing In A Trauma Based Informed Education Program That Serves Students Whose Families Are Recovering From A Crisis Situation. 2020
Hoover Helps $20,777 Hoover, AL, US Donation For Children And Families In Need Through Neighborhood Bridges Hoover. 2020
Boys And Girls Club Of The Ocoee Region $10,000 Cleveland, TN, US To Support The After School Program That Provides Students With Academic Assistance, Health And Safety Programs, And Character And Leadership Development. 2020
Open Eyes $8,777 Mount Olive, AL, US To Support Serving Students In Less Privileged Income Areas To Encourage Educational And Occupational Imrpovement And Success Through Individualized Mentorship. 2020

Foundations Similar to Elaine's Reading Is Fun Foundation

Discover 5 foundations with comparable assets ($5,960,240-$6,993,347), similar grant patterns, and geographic focus in AL that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 47-7337836 | 64 grants awarded
$6,805,070
(≈ Similar)
$24,000
median grant
Troy, AL
Same state
97%
Excellent match

EIN: 58-2071018 | 116 grants awarded
$6,838,318
(≈ Similar)
$20,000
median grant
Birmingham, AL
Same state
97%
Excellent match

EIN: 37-1216723 | 66 grants awarded
$5,960,240
(≈ Similar)
$28,588
median grant
Birmingham, AL
Same state
96%
Excellent match

EIN: 63-6102496 | 159 grants awarded
$6,909,670
(≈ Similar)
$16,750
median grant
Montgomery, AL
Same state
96%
Excellent match

EIN: 63-6018531 | 91 grants awarded
$6,993,347
(≈ Similar)
$35,050
median grant
Mobile, AL
Same state
96%
Excellent match

Contact Information

Official contact details for Elaine's Reading Is Fun Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 45-5414350
Website N/A
Address 1080 MAGNOLIA RUN Hoover, AL 35226-0000

Key People (2)

Board members, trustees, and key staff who oversee Elaine's Reading Is Fun Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Homer E Smith
Director Virgina S Rawls

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Elaine's Reading Is Fun Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.