What is the EIN of READING HOSPITAL FOUNDATION?

The employer identification number (EIN) of READING HOSPITAL FOUNDATION is 47-3054125.

Is READING HOSPITAL FOUNDATION tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.

Are donations to READING HOSPITAL FOUNDATION tax-deductible?

Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).

When is the next return of READING HOSPITAL FOUNDATION 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 READING HOSPITAL FOUNDATION 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 READING HOSPITAL FOUNDATION?

The 990 for the year ended June 30, 2025 names KATHERINE THORNTON.

Who are the officers and directors of READING HOSPITAL FOUNDATION?

The 990 for the year ended June 30, 2025 lists 27 people; 1 received compensation from the organization.

How much revenue does READING HOSPITAL FOUNDATION have?

On its 990 for the year ended June 30, 2025 it reported revenue of $14,454,517, expenses of $5,743,704 and total assets of $59,182,100 at year end.

Nonprofit · EIN 47-3054125

READING HOSPITAL FOUNDATION

Tax-exempt · READING, PA 19612

Financials

Revenue Expenses · by fiscal year end

Financials of READING HOSPITAL FOUNDATION by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
June 30, 2025	990	$14,454,517	$5,743,704	$8,710,813	$59,182,100	$304,400	$58,877,700

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

Revenue

Contributions, gifts and grants: $11,342,442
of which government grants: $500,000
Program service revenue: $0
Investment income: $3,112,075
Net gain from sales of assets: $2,687,912
Other revenue: $0

Expenses

Grants and similar amounts paid: $4,694,168
Compensation of officers, directors and key employees: $375,303
Other salaries and wages: $290,170
Salaries, compensation and benefits (total): $731,335
Professional fundraising fees: $0
Travel: $2,465
Program services (functional): $5,347,295
Management and general (functional): $176,352
Fundraising (functional): $220,057

Balance sheet and other

Total assets, start of year: $52,486,273
Total assets, end of year: $59,182,100
Total liabilities, end of year: $304,400
Net assets, end of year: $58,877,700
Publicly traded securities: $22,023,603
Net assets without donor restrictions: -$241,870
Net assets with donor restrictions: $59,119,570
Gross receipts: $18,333,892
Employees: 0
Year formed: 2015
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
MICHAEL STERN	BOARD MEMBER Trustee or director	2	$0	$1,273,341	$292,366
DAN AHERN	BOARD MEMB T Trustee or director	2	$0	$1,090,396	$216,350
CHARLES BARBERA MD	BOARD MEMBER Trustee or director	2	$0	$990,066	$239,402
KATHERINE THORNTON	PRESIDENT OF Trustee or director, Officer	50	$367,602	$0	$51,112
VINTI SHAH DO	SECRETARY Trustee or director, Officer	2	$0	$310,676	$23,589
ANTHONY DONATO MD	BOARD MEMBER Trustee or director	2	$0	$270,578	$46,197
CHRISSY AUMAN	BOARD MEMBER Trustee or director	2	$0	$0	$0
PAULA BARRETT	CHAIR Trustee or director, Officer	2	$0	$0	$0
MARY ELLEN BATMAN	BOARD MEMBER Trustee or director	2	$0	$0	$0
BRIAN BOLAND	BOARD MEMBER Trustee or director	2	$0	$0	$0
JAMES BOSCOV	BOARD MEMB T Trustee or director	2	$0	$0	$0
RICHARD CLOSE	BOARD MEMBER Trustee or director	2	$0	$0	$0
PAUL COHN	BOARD MEMBER Trustee or director	2	$0	$0	$0
PETER CONNORS	TREASURER Trustee or director, Officer	2	$0	$0	$0
MIKE ROMEO DO	BOARD MEMBER Trustee or director	2	$0	$0	$0

12 more people on this return

Name	Title	Hours / week	Compensation
RICHARD EHST	BOARD MEMBER Trustee or director	2	$0
KRISTI GAGE-LINDERMAN	BOARD MEMBER Trustee or director	2	$0
VICTOR HAMMEL	BOARD MEMBER Trustee or director	2	$0
CHRIS KRARAS	BOARD MEMBER Trustee or director	2	$0
P SUE PERROTTY	BOARD MEMBER Trustee or director	2	$0
KAREN RIGHTMIRE	BOARD MEMBER Trustee or director	2	$0
JOHN SCHOLL	BOARD MEMBER Trustee or director	2	$0
NATASHJA SZORTYKA	BOARD MEMBER Trustee or director	2	$0
DOUG TIEMAN	BOARD MEMBER Trustee or director	2	$0
MIKE TOLEDO	BOARD MEMBER Trustee or director	2	$0
JOHN WEIDENHAMMER	BOARD MEMBER Trustee or director	2	$0
BUNNY ZINTAK	VICE CHAIR Trustee or director, Officer	2	$0

Address and contacts

Address (IRS master file): PO BOX 16052, READING, PA 19612-6052
Principal officer (990 for 2024): KATHERINE THORNTON, PO BOX 16052, READING, PA 19612
Signed the 990: MICHAEL STERN, PRES/CEO TH
Phone: (484) 628-4307
Return prepared by: KPMG LLP

Mission

TO SUPPORT INNOVATION, EDUCATION, RESEARCH AND OVERALL IMPROVEMENT OF HEALTHCARE SERVICES IN SUPPORT OF READING HOSPITAL AND THE COMMUNITY.
990 for the year ended June 30, 2025

Program accomplishments

THE READING HOSPITAL FOUNDATION ACHIEVED REMARKABLE SUCCESS IN FY25, ADVANCING PATIENT CARE THROUGH STRATEGIC FUNDRAISING INITIATIVES THAT ADDRESSED CRITICAL HEALTHCARE NEEDS ACROSS MULTIPLE SERVICE AREAS. THE FOUNDATION'S FLAGSHIP ACCOMPLISHMENT WAS SECURING FUNDING FOR A NEW ELECTROPHYSIOLOGY (EP) LAB, BRINGING STATE-OF-THE-ART CARDIAC TECHNOLOGY TO THE COMMUNITY. THIS ADVANCED FACILITY WILL SIGNIFICANTLY ENHANCE THE HOSPITAL'S ABILITY TO DIAGNOSE AND TREAT COMPLEX HEART RHYTHM DISORDERS, PROVIDING PATIENTS WITH ACCESS TO CUTTING-EDGE CARDIOVASCULAR CARE WITHOUT THE NEED TO TRAVEL TO DISTANT MEDICAL CENTERS. RECOGNIZING THE VITAL CONNECTION BETWEEN NUTRITION AND WELLNESS, THE FOUNDATION LAUNCHED THE GROUNDBREAKING FOOD AS MEDICINE PROGRAM. THIS COMPREHENSIVE INITIATIVE PROVIDES PATIENTS WITH HEALTHY FOOD OPTIONS AND NUTRITIONAL EDUCATION, SPECIFICALLY TARGETING THE IMPROVEMENT OF OBESITY, DIABETES, AND HEART DISEASE OUTCOMES. THE FOUNDATION'S COMMITMENT TO SERVING VULNERABLE POPULATIONS WAS DEMONSTRATED THROUGH ITS SUPPORT OF STREET MEDICINE, ENSURING HEALTHCARE REACHES THOSE WHO MIGHT OTHERWISE GO WITHOUT MEDICAL ATTENTION. ADDITIONAL FUNDING PRIORITIES INCLUDED ADVANCING NURSING EDUCATION TO STRENGTHEN THE HOSPITAL'S WORKFORCE CAPABILITIES, UPGRADING NICU EQUIPMENT TO PROVIDE THE HIGHEST STANDARD OF CARE FOR THE REGION'S MOST FRAGILE PATIENTS, AND SUPPORTING THE REHABILITATION HOSPITAL'S MISSION TO HELP PATIENTS REGAIN INDEPENDENCE AND QUALITY OF LIFE.
Expenses $5,347,295 · grants $4,694,168

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: 47-3054125
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: Supporting organization, Type I
Donations deductible (Pub 78): Supporting organization, 50% limit
Exempt since: 2016
Accounting year ends: June
Files: Form 990 or 990-EZ
Category (NTEE): Health care (E21)
Assets (IRS master file): $59,182,100
Income (IRS master file): $18,333,892

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	June 2025	–	–	–	IRS
990	June 2024	–	–	–	IRS
990	June 2023	$6,540,439	$2,553,655	$46,301,720	IRS
990	June 2022	$4,003,191	$2,618,899	$40,674,865	IRS
990	June 2021	–	–	–	IRS
990	June 2020	–	–	–	IRS
990	June 2019	–	–	–	IRS
990	June 2018	–	–	–	IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about READING HOSPITAL FOUNDATION

What is the EIN of READING HOSPITAL FOUNDATION?: The employer identification number (EIN) of READING HOSPITAL FOUNDATION is 47-3054125.
Is READING HOSPITAL FOUNDATION tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to READING HOSPITAL FOUNDATION tax-deductible?: Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does READING HOSPITAL FOUNDATION 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 HOSPITAL FOUNDATION 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 READING HOSPITAL FOUNDATION 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 READING HOSPITAL FOUNDATION?: The 990 for the year ended June 30, 2025 names KATHERINE THORNTON.
Who are the officers and directors of READING HOSPITAL FOUNDATION?: The 990 for the year ended June 30, 2025 lists 27 people; 1 received compensation from the organization.
How much revenue does READING HOSPITAL FOUNDATION have?: On its 990 for the year ended June 30, 2025 it reported revenue of $14,454,517, expenses of $5,743,704 and total assets of $59,182,100 at year end.