Overview Money In Money Out People Audits Positions Interview Endorsements
About Reading is fundamental works to disrupt the alarming u.s. Literacy crisis by inspiring the JOY of reading in children, a critical element to driving the frequency, motivation, and engagement needed to create skilled readers. We know that if we build a foundation of JOY for children, then development, discovery, and opportunity follow.
Donations are tax-deductible
Financial Snapshot FY ending 2024-09-30 Financial history 16 17 18 19 20 21 22 23 24
Latest FY2024: $12.8M · Peak FY2022: $16.1M · Avg: $10.8M
Political & Grant Activity
READING IS FUNDAMENTAL INC
Address 750 1ST ST NE STE 920
Washington, DC, 20002-800
Governance Voting board members 11
Independent members 10
Conflict-of-interest policy Yes
Whistleblower policy Yes
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board Yes
Compensation practices Severance payments No
Equity-based comp No
Supplemental retirement plan No
Compensation committee Yes
Used comp survey Yes
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 49.5%
Permanent endowment % 39.7%
Endowment held by related org No
Fundraising activity (Schedule G) Uses professional fundraisers Yes
Gross fundraising receipts $2.1M
Net to org $1.5M
Retained by contractors $586K
Channels Mail · Phone · Email · In-person · Grant solicitation
Public records
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