What is the EIN of READING SCHOLARSHIP FOUNDATION INC?

The employer identification number (EIN) of READING SCHOLARSHIP FOUNDATION INC is 23-7365813.

Is READING SCHOLARSHIP FOUNDATION INC tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.

Are donations to READING SCHOLARSHIP FOUNDATION INC tax-deductible?

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

When is the next return of READING SCHOLARSHIP FOUNDATION INC due?

The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.

When did READING SCHOLARSHIP FOUNDATION INC last file with the IRS?

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

Who are the officers and directors of READING SCHOLARSHIP FOUNDATION INC?

The 990 for the year ended September 30, 2025 lists 23 people; 0 received compensation from the organization.

How much revenue does READING SCHOLARSHIP FOUNDATION INC have?

On its 990 for the year ended September 30, 2025 it reported revenue of $538,574, expenses of $244,341 and total assets of $4,907,868 at year end.

Nonprofit · EIN 23-7365813

READING SCHOLARSHIP FOUNDATION INC

Also known as READING SCHOLARSHIP FND INC

Tax-exempt · READING, MA 01867

Financials

Revenue Expenses · by fiscal year end

Financials of READING SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
September 30, 2025	990	$538,574	$244,341	$294,233	$4,907,868	$0	$4,907,868
September 30, 2024	990	$306,074	$223,025	$83,049	$4,536,197	$0	$4,536,197
September 30, 2023	990	$244,240	$228,751	$15,489	$3,776,691	$0	$3,776,691

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

Revenue

Contributions, gifts and grants: $138,974
Program service revenue: $0
Investment income: $399,600
Net gain from sales of assets: $273,718
Other revenue: $0

Expenses

Grants and similar amounts paid: $228,517
Compensation of officers, directors and key employees: $0
Salaries, compensation and benefits (total): $0
Professional fundraising fees: $0
Accounting fees: $3,619
Program services (functional): $228,517
Management and general (functional): $5,619
Fundraising (functional): $10,205

Balance sheet and other

Total assets, start of year: $4,536,197
Total assets, end of year: $4,907,868
Total liabilities, end of year: $0
Net assets, end of year: $4,907,868
Publicly traded securities: $4,906,152
Net assets without donor restrictions: $4,907,868
Gross receipts: $5,279,561
Employees: 0
Year formed: 1969
State of legal domicile: MA

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 September 30, 2025, highest compensation first.

Name	Title	Hours / week	Compensation
MARY HAGSTROM	Director Trustee or director	0.5	$0
PATTY WHITE	President Trustee or director, Officer	2	$0
THOMAS FRATTO	Treasurer Trustee or director, Officer	2	$0
SUSAN SCHWARTZ	ASSIST TREASURE Trustee or director, Officer	2	$0
JANE DARVEAU	Director Trustee or director	2	$0
DINA DUFFY	Director Trustee or director	0	$0
KAREN BURKE	CLERK Trustee or director, Officer	0.5	$0
SUSAN COLELLA	Director Trustee or director	0.5	$0
ELIZABETH DAVIDSON	Director Trustee or director	0.5	$0
CHERYL DORENFELD	Director Trustee or director	0.5	$0
JAY DUMAS	Director Trustee or director	0.5	$0
PAULINE HAROOTIAN	Director Trustee or director	0.5	$0
KAREN HERRICK	Director Trustee or director	0.5	$0
THOMAS MEHARG	Director Trustee or director	0.5	$0
REN O'CONNELL	Director Trustee or director	0.5	$0

8 more people on this return

Name	Title	Hours / week	Compensation
ROC O'CONNELL	Director Trustee or director	0.5	$0
POOJA PARSONS	Director Trustee or director	0.5	$0
ANNE SCHOFIELD	Director Trustee or director	0.5	$0
ELAINE SMITH	Director Trustee or director	0.5	$0
ELLEN TERRY	Director Trustee or director	0.5	$0
JEANNE THOMASES	Director Trustee or director	0.5	$0
MARCIA TOOMEY	Vice President Trustee or director	0.5	$0
JOAN VAILLANCOURT	Director Trustee or director	0.5	$0

990 for the year ended September 30, 2024: 23 people

Name	Title	Hours / week	Compensation
MARY HAGSTROM	Director Trustee or director	0.5	$0
PATTY WHITE	President Trustee or director, Officer	2	$0
THOMAS FRATTO	Treasurer Trustee or director, Officer	2	$0
SUSAN SCHWARTZ	ASSIST TREASURE Trustee or director, Officer	2	$0
JANE DARVEAU	CLERK Trustee or director, Officer	2	$0
KEITH D'ENTREMONT	Director Trustee or director	0.5	$0
KAREN BURKE	Director Trustee or director	0.5	$0
SUSAN COLELLA	Director Trustee or director	0.5	$0
ELIZABETH DAVIDSON	Director Trustee or director	0.5	$0
CHERYL DORENFELD	Director Trustee or director	0.5	$0
JAY DUMAS	Director Trustee or director	0.5	$0
PAULINE HAROOTIAN	Director Trustee or director	0.5	$0
KAREN HERRICK	Director Trustee or director	0.5	$0
THOMAS MEHARG	Director Trustee or director	0.5	$0
REN O'CONNELL	Director Trustee or director	0.5	$0
ROC O'CONNELL	Director Trustee or director	0.5	$0
POOJA PARSONS	Director Trustee or director	0.5	$0
ANNE SCHOFIELD	Director Trustee or director	0.5	$0
ELAINE SMITH	Director Trustee or director	0.5	$0
ELLEN TERRY	Director Trustee or director	0.5	$0
JEANNE THOMASES	Director Trustee or director	0.5	$0
MARCIA TOOMEY	Vice President Trustee or director	0.5	$0
JOAN VAILLANCOURT	Director Trustee or director	0.5	$0

990 for the year ended September 30, 2023: 24 people

Name	Title	Hours / week	Compensation
MARY HAGSTROM	President Trustee or director, Officer	2	$0
PATTY WHITE	Vice President Trustee or director, Officer	2	$0
THOMAS FRATTO	Treasurer Trustee or director, Officer	2	$0
SUSAN SCHWARTZ	ASSIST TREASURE Trustee or director, Officer	2	$0
JANE DARVEAU	CLERK Trustee or director, Officer	2	$0
JANICE BERNER	Director Trustee or director	0.5	$0
KAREN BURKE	Director Trustee or director	0.5	$0
SUSAN COLELLA	Director Trustee or director	0.5	$0
ELIZABETH DAVIDSON	Director Trustee or director	0.5	$0
CHERYL DORENFELD	Director Trustee or director	0.5	$0
JAY DUMAS	Director Trustee or director	0.5	$0
PAULINE HAROOTIAN	Director Trustee or director	0.5	$0
KAREN HERRICK	Director Trustee or director	0.5	$0
THOMAS MEHARG	Director Trustee or director	0.5	$0
REN O'CONNELL	Director Trustee or director	0.5	$0
ROC O'CONNELL	Director Trustee or director	0.5	$0
POOJA PARSONS	Director Trustee or director	0.5	$0
STEVE PEACOCK	Director Trustee or director	0.5	$0
ANNE SCHOFIELD	Director Trustee or director	0.5	$0
ELAINE SMITH	Director Trustee or director	0.5	$0
ELLEN TERRY	Director Trustee or director	0.5	$0
JEANNE THOMASES	Director Trustee or director	0.5	$0
MARCIA TOOMEY	Director Trustee or director	0.5	$0
JOAN VAILLANCOURT	Director Trustee or director	0.5	$0

Address and contacts

Address (IRS master file): PO BOX 492, READING, MA 01867-0792
Signed the 990: PATRICIA WHITE, President
Phone: (781) 820-3472
Website: READINGSF.ORG
Return prepared by: Camerlengo & Associates

Mission

AWARDING EDUCATIONAL SCHOLARSHIPS.
990 for the year ended September 30, 2025

Program accomplishments

AWARDS FOR EDUCATIONAL SCHOLARSHIPS FOR READING, MA RESIDENTS ATTENDING COLLEGE.
Expenses $228,517 · revenue $538,566

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 September, so each return is due on the 15th day of the 5th month after that.

Tax year	Year ended	Due	IRS public records
2025	September 30, 2026	February 15, 2027	Not due yet
2024	September 30, 2025	February 16, 2026	990 on file
2023	September 30, 2024	February 17, 2025	990 on file

IRS record

EIN: 23-7365813
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78): Public charity, 50% deduction limit
Exempt since: 1975
Accounting year ends: September
Files: Form 990 or 990-EZ
Assets (IRS master file): $4,907,868
Income (IRS master file): $5,279,561

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	September 2025	$538,574	$244,341	$4,907,868	XML
990	September 2024	$306,074	$223,025	$4,536,197	XML
990	September 2023	$244,240	$228,751	$3,776,691	XML
990	September 2022	–	–	–	IRS
990	September 2021	–	–	–	IRS
990	September 2020	–	–	–	IRS
990	September 2019	–	–	–	IRS
990	September 2018	–	–	–	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 23-7365813).

Questions about READING SCHOLARSHIP FOUNDATION INC

What is the EIN of READING SCHOLARSHIP FOUNDATION INC?: The employer identification number (EIN) of READING SCHOLARSHIP FOUNDATION INC is 23-7365813.
Is READING SCHOLARSHIP FOUNDATION INC tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to READING SCHOLARSHIP FOUNDATION INC tax-deductible?: Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does READING SCHOLARSHIP FOUNDATION INC 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 READING SCHOLARSHIP FOUNDATION INC due?: The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did READING SCHOLARSHIP FOUNDATION INC last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended September 2025.
Who are the officers and directors of READING SCHOLARSHIP FOUNDATION INC?: The 990 for the year ended September 30, 2025 lists 23 people; 0 received compensation from the organization.
How much revenue does READING SCHOLARSHIP FOUNDATION INC have?: On its 990 for the year ended September 30, 2025 it reported revenue of $538,574, expenses of $244,341 and total assets of $4,907,868 at year end.