What is the EIN of FOUNDATION FOR READING AREA COMMUNITY COLLEGE?

The employer identification number (EIN) of FOUNDATION FOR READING AREA COMMUNITY COLLEGE is 23-2273163.

Are donations to FOUNDATION FOR READING AREA COMMUNITY COLLEGE tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

When is the next return of FOUNDATION FOR READING AREA COMMUNITY COLLEGE due?

The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did FOUNDATION FOR READING AREA COMMUNITY COLLEGE last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended June 2025.

Who is the principal officer of FOUNDATION FOR READING AREA COMMUNITY COLLEGE?

The 990 for the year ended June 30, 2025 names RYAN HOTTENSTEIN.

Who are the officers and directors of FOUNDATION FOR READING AREA COMMUNITY COLLEGE?

The 990 for the year ended June 30, 2025 lists 31 people; 0 received compensation from the organization.

How much revenue does FOUNDATION FOR READING AREA COMMUNITY COLLEGE have?

On its 990 for the year ended June 30, 2025 it reported revenue of $4,109,333, expenses of $3,567,511 and total assets of $31,986,764 at year end.

Nonprofit · EIN 23-2273163

FOUNDATION FOR READING AREA COMMUNITY COLLEGE

Tax-exempt · READING, PA 19603

Financials

Revenue Expenses · by fiscal year end

Financials of FOUNDATION FOR READING AREA COMMUNITY COLLEGE by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
June 30, 2025	990	$4,109,333	$3,567,511	$541,822	$31,986,764	$0	$31,986,764
June 30, 2024	990	$4,212,353	$2,988,127	$1,224,226	$28,950,000	$700	$28,949,300
June 30, 2022	990	$2,074,074	$1,889,449	$184,625	$24,638,373	$0	$24,638,373

Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants: $3,762,420
Program service revenue: $0
Investment income: $380,800
Net income from fundraising events: -$33,887
Other revenue: -$33,887

Expenses

Grants and similar amounts paid: $3,377,516
Salaries, compensation and benefits (total): $0
Professional fundraising fees: $0
Legal fees: $4,694
Accounting fees: $15,400
Program services (functional): $3,567,511

Balance sheet and other

Total assets, start of year: $28,950,000
Total assets, end of year: $31,986,764
Total liabilities, end of year: $0
Net assets, end of year: $31,986,764
Publicly traded securities: $15,976,573
Net assets without donor restrictions: $2,784,959
Net assets with donor restrictions: $29,201,805
Gross receipts: $4,160,546
Employees: 0
Volunteers: 30
Year formed: 1981
State of legal domicile: PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

Name	Title	Hours / week	Compensation	From related orgs	Other / benefits
ANTHONY DEMARCO	EXECUTIVE DIRECTOR Officer	15	$0	$156,303	$68,773
GARY M MOYER	CHAIR Trustee or director, Officer	1	$0	$0	$0
MARY M PALMER	VICE-CHAIR Trustee or director, Officer	1	$0	$0	$0
RYAN P HOTTENSTEIN	TREASURER Trustee or director, Officer	1	$0	$0	$0
REBECCA A IANNELLI	ASSISTANT TREASURER Trustee or director, Officer	1	$0	$0	$0
CRAIG M PERROTTY	SECRETARY Trustee or director, Officer	1	$0	$0	$0
DR CHARLES BARBERA	DIRECTOR Trustee or director	1	$0	$0	$0
WILLIAM F BENDER	DIRECTOR Trustee or director	1	$0	$0	$0
ERIC G BURKEY	DIRECTOR Trustee or director	1	$0	$0	$0
PETER T EDELMAN	DIRECTOR Trustee or director	1	$0	$0	$0
STEVEN A EHRLICH	DIRECTOR Trustee or director	1	$0	$0	$0
CHARLES FRIES	DIRECTOR Trustee or director	1	$0	$0	$0
SANDRA FOCHT	DIRECTOR Trustee or director	1	$0	$0	$0
KELSEY FRANKOWSKI ESQ	DIRECTOR Trustee or director	1	$0	$0	$0
KRISTI GAGE-LINDERMAN	DIRECTOR Trustee or director	1	$0	$0	$0

16 more people on this return

Name	Title	Hours / week	Compensation
ALEXANDRA GOODMAN	DIRECTOR Trustee or director	1	$0
DR JILL HACKMAN	DIRECTOR Trustee or director	1	$0
KATIE B HANNON	DIRECTOR Trustee or director	1	$0
DANIEL B LAWS JR	DIRECTOR Trustee or director	1	$0
DR SUSAN D LOONEY	DIRECTOR Trustee or director	1	$0
DR JEROME I MARCUS	DIRECTOR Trustee or director	1	$0
MICHAEL J NOON	DIRECTOR Trustee or director	1	$0
PAUL G OXHOLM	DIRECTOR Trustee or director	1	$0
MARYANNE POST BELL	DIRECTOR Trustee or director	1	$0
GARY W RIGHTMIRE	DIRECTOR Trustee or director	1	$0
PETER ROWLEY	DIRECTOR Trustee or director	1	$0
VIRGINIA RUSH	DIRECTOR Trustee or director	1	$0
BECKY SHEMANSKI	DIRECTOR Trustee or director	1	$0
EDWIN L STOCK ESQ	DIRECTOR Trustee or director	1	$0
SHARON WHITE	DIRECTOR Trustee or director	1	$0
MICHAEL E NAGEL	VICE PRESIDENT EMERITUS-NON-VOTING Trustee or director	1	$0

990 for the year ended June 30, 2024: 30 people

Name	Title	Hours / week	Compensation	From related orgs	Other / benefits
ANTHONY DEMARCO	EXECUTIVE DIRECTOR Officer	15	$0	$145,495	$63,928
GARY M MOYER	CHAIR Trustee or director, Officer	1	$0	$0	$0
MARY M PALMER	VICE-CHAIR Trustee or director, Officer	1	$0	$0	$0
RYAN P HOTTENSTEIN	TREASURER Trustee or director, Officer	1	$0	$0	$0
REBECCA A IANNELLI	ASSISTANT TREASURER Trustee or director, Officer	1	$0	$0	$0
CRAIG M PERROTTY	SECRETARY Trustee or director, Officer	1	$0	$0	$0
CHARLES BARBERA	DIRECTOR AS OF FEBRUARY Trustee or director	1	$0	$0	$0
WILLIAM F BENDER	DIRECTOR Trustee or director	1	$0	$0	$0
ERIC G BURKEY	DIRECTOR Trustee or director	1	$0	$0	$0
PETER T EDELMAN	DIRECTOR Trustee or director	1	$0	$0	$0
STEVEN A EHRLICH	DIRECTOR Trustee or director	1	$0	$0	$0
CHARLES FRIES	DIRECTOR (STUDENT REP) Trustee or director	1	$0	$0	$0
SANDRA FOCHT	DIRECTOR Trustee or director	1	$0	$0	$0
KELSEY FRANKOWSKI	DIRECTOR AS OF JULY Trustee or director	1	$0	$0	$0
KRISTI GAGE-LINDERMAN	DIRECTOR Trustee or director	1	$0	$0	$0
ALEXANDRA GOODMAN	DIRECTOR Trustee or director	1	$0	$0	$0
JILL HACKMAN	DIRECTOR Trustee or director	1	$0	$0	$0
KATIE B HANNON	DIRECTOR Trustee or director	1	$0	$0	$0
DANIEL B LAWS JR	DIRECTOR Trustee or director	1	$0	$0	$0
SUSAN D LOONEY	DIRECTOR Trustee or director	1	$0	$0	$0
JEROME I MARCUS	DIRECTOR Trustee or director	1	$0	$0	$0
MICHAEL J NOON	DIRECTOR Trustee or director	1	$0	$0	$0
PAUL G OXHOLM	DIRECTOR Trustee or director	1	$0	$0	$0
MARYANNE POST BELL	DIRECTOR Trustee or director	1	$0	$0	$0
GARY W RIGHTMIRE	DIRECTOR Trustee or director	1	$0	$0	$0
PETER ROWLEY	DIRECTOR Trustee or director	1	$0	$0	$0
VIRGINIA RUSH	DIRECTOR Trustee or director	1	$0	$0	$0
BECKY SHEMANSKI	DIRECTOR Trustee or director	1	$0	$0	$0
SHARON WHITE	DIRECTOR Trustee or director	1	$0	$0	$0
MICHAEL E NAGEL	VICE PRESIDENT EMERITUS (NON-VOTING Trustee or director	1	$0	$0	$0

990 for the year ended June 30, 2022: 28 people

Name	Title	Hours / week	Compensation	From related orgs	Other / benefits
ANTHONY DEMARCO	EXECUTIVE DIRECTOR Officer	15	$0	$128,450	$56,519
GARY M MOYER	CHAIR Trustee or director, Officer	1	$0	$0	$0
MARY M PALMER	VICE-CHAIR Trustee or director, Officer	1	$0	$0	$0
REBECCA A IANNELLI	TREASURER Trustee or director, Officer	1	$0	$0	$0
RYAN P HOTTENSTEIN	ASSISTANT TREASURER Trustee or director, Officer	1	$0	$0	$0
CRAIG M PERROTTY	SECRETARY Trustee or director, Officer	1	$0	$0	$0
WILLIAM F BENDER	DIRECTOR Trustee or director	1	$0	$0	$0
ERIC G BURKEY	DIRECTOR Trustee or director	1	$0	$0	$0
PAUL D COHN	DIRECTOR Trustee or director	1	$0	$0	$0
PETER T EDELMAN	DIRECTOR Trustee or director	1	$0	$0	$0
STEVEN A EHRLICH	DIRECTOR Trustee or director	1	$0	$0	$0
KRISTI GAGE-LINDERMAN	DIRECTOR Trustee or director	1	$0	$0	$0
JILL HACKMAN	DIRECTOR Trustee or director	1	$0	$0	$0
KATIE B HANNON	DIRECTOR Trustee or director	1	$0	$0	$0
SUSAN D LOONEY	DIRECTOR Trustee or director	1	$0	$0	$0
JEROME I MARCUS	DIRECTOR Trustee or director	1	$0	$0	$0
MICHAEL J NOON	DIRECTOR Trustee or director	1	$0	$0	$0
PAUL G OXHOLM	DIRECTOR Trustee or director	1	$0	$0	$0
MARYANNE POST BELL	DIRECTOR Trustee or director	1	$0	$0	$0
GARY W RIGHTMIRE	DIRECTOR Trustee or director	1	$0	$0	$0
VIRGINIA RUSH	DIRECTOR Trustee or director	1	$0	$0	$0
WHITNEY A SANDERS II	DIRECTOR Trustee or director	1	$0	$0	$0
ROGER J SCHMIDT	DIRECTOR Trustee or director	1	$0	$0	$0
ROLF D SCHMIDT	DIRECTOR Trustee or director	1	$0	$0	$0
BECKY SHEMANSKI	DIRECTOR Trustee or director	1	$0	$0	$0
JOSEPH J SWOPE	DIRECTOR Trustee or director	1	$0	$0	$0
SEAN WYANDT	DIRECTOR Trustee or director	1	$0	$0	$0
GUST ZOGAS	DIRECTOR Trustee or director, Officer	1	$0	$0	$0

Address and contacts

Address (IRS master file): PO BOX 1706, READING, PA 19603-1706
In care of: % READING AREA COMMUNITY COLLEGE
Principal officer (990 for 2024): RYAN HOTTENSTEIN, PO BOX 1706, READING, PA 196031706
Signed the 990: RYAN HOTTENSTEIN, TREASURER
Phone: (610) 607-6239
Website: WWW.RACC.EDU/ABOUT/FOUNDATION.ASPX
Return prepared by: HERBEIN COMPANY INC

Mission

THE MISSION OF THE FOUNDATION FOR READING AREA COMMUNITY COLLEGE IS TO AUGMENT AND ENHANCE THE COLLEGE'S ABILITY TO OFFER AFFORDABLE, QUALITY EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY.
990 for the year ended June 30, 2025

Program accomplishments

TO MAINTAIN AND DEVELOP THE EDUCATIONAL FACILITIES AND PROGRAMS OF READING AREA COMMUNITY COLLEGE
Expenses $1,446,302 · grants $1,339,008
TO AWARD SCHOLARSHIPS AND/OR GRANTS TO FUTURE, PRESENT, AND FORMER STUDENTS OF THE READING AREA COMMUNITY COLLEGE
Expenses $2,031,720 · grants $1,949,019
TO PROVIDE BOOKS AND EQUIPMENT FOR READING AREA COMMUNITY COLLEGE
Expenses $89,489 · grants $89,489

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax year	Year ended	Due	IRS public records
2025	June 30, 2026	November 16, 2026	Not due yet
2024	June 30, 2025	November 17, 2025	990 on file
2023	June 30, 2024	November 15, 2024	990 on file

IRS record

EIN: 23-2273163
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: Organization supporting a government college or university
Donations deductible (Pub 78): Public charity, 50% deduction limit
Exempt since: 1982
Accounting year ends: June
Files: Form 990 or 990-EZ
Category (NTEE): Education (B41I)
Assets (IRS master file): $31,986,764
Income (IRS master file): $4,160,546

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	June 2025	$4,109,333	$3,567,511	$31,986,764	XML
990	June 2024	$4,212,353	$2,988,127	$28,950,000	XML
990	June 2023	$1,876,136	$1,902,741	$25,439,059	IRS
990	June 2022	$2,074,074	$1,889,449	$24,638,373	XML
990	June 2021	–	–	–	IRS
990	June 2019	–	–	–	IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2273163).

Questions about FOUNDATION FOR READING AREA COMMUNITY COLLEGE

What is the EIN of FOUNDATION FOR READING AREA COMMUNITY COLLEGE?: The employer identification number (EIN) of FOUNDATION FOR READING AREA COMMUNITY COLLEGE is 23-2273163.
Is FOUNDATION FOR READING AREA COMMUNITY COLLEGE tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to FOUNDATION FOR READING AREA COMMUNITY COLLEGE tax-deductible?: Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR READING AREA COMMUNITY COLLEGE file?: Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR READING AREA COMMUNITY COLLEGE due?: The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR READING AREA COMMUNITY COLLEGE last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FOUNDATION FOR READING AREA COMMUNITY COLLEGE?: The 990 for the year ended June 30, 2025 names RYAN HOTTENSTEIN.
Who are the officers and directors of FOUNDATION FOR READING AREA COMMUNITY COLLEGE?: The 990 for the year ended June 30, 2025 lists 31 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR READING AREA COMMUNITY COLLEGE have?: On its 990 for the year ended June 30, 2025 it reported revenue of $4,109,333, expenses of $3,567,511 and total assets of $31,986,764 at year end.