Public Charity

FOUNDATION FOR READING AREA COMMUNITY COLLEGE

FOUNDATION FOR READING AREA COMMUNITY COLLEGE is a nonprofit organization categorized as Public Charity based in READING, PA. Its most recent IRS filing (2025) reports revenue of $4.1M, expenses of $3.6M, total assets of $32.0M. Imperigo tracks 32 reported grant relationships connected to this organization totaling approximately $1.4M.

EIN: 232273163 READING, PA Latest filing: 2025
Total Revenue$4.1M
Total Expenses$3.6M
Total Assets$32.0M
Grant Records32
Funding Total$1.4M
Filing Years2021–2025

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.

Sample Grants Received

$184,117
2024
FOR SCHOLARSHIP ASSISTANCE FOR VETERANS AND SERVING MILITARY MEMBERS
$35,000
2024
CHARITABLE DONATION
$20,185
2024
For grant recipient's exempt purposes
$6,750
2023
FOR SCHOLARSHIP ASSISTANCE FOR VETERANS AND SERVING MILITARY MEMBERS
$30,000

Showing up to 5 of 32 total records — full history available with membership.

Officers & Directors

DIRECTOR Alexandra Goodman
EXECUTIVE DIRECTOR Anthony Demarco
DIRECTOR Becky Shemanski
DIRECTOR Charles Fries
SECRETARY Craig M Perrotty
DIRECTOR Daniel B Laws Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
$643,430 2 grants
EDUCATION
$244,467 3 grants
Presidents Initiative Fund
$75,000 1 grant
General Support
$71,000 3 grants
FOR SCHOLARSHIP ASSISTANCE FOR VETERANS AND SERVING MILITARY MEMBERS
$65,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.1M $3.6M $32.0M
2024 $4.2M $3.0M $28.9M
2023 $1.9M $1.9M $25.4M
2022 $2.1M $1.9M $24.6M
2021 $1.9M $1.6M $26.9M

Between 2021 and 2025, reported annual revenue grew from $1.9M to $4.1M (+113%), with total assets most recently reported at $32.0M.

Interactive year-over-year charts and full filing details available with membership.

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