Nonprofit · EIN 39-1892801
READ FOUNDATION INC
Tax-exempt · MILWAUKEE, WI 53202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $232,109 | $96,888 | $135,221 | $607,602 | $0 | $607,602 |
| December 31, 2024 | 990-PF | $163,552 | $310,635 | -$147,083 | $472,381 | $0 | $472,381 |
| December 31, 2023 | 990-PF | $122,319 | $166,528 | -$44,209 | $619,464 | $0 | $619,464 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $25,793
- Interest
- $1
- Net gain from sales of assets
- $206,315
Expenses
- Grants and similar amounts paid
- $85,900
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $85,900
- Excise tax on investment income
- $3,116
Balance sheet and other
- Total assets, start of year
- $472,381
- Total assets, end of year
- $607,602
- Total liabilities, end of year
- $0
- Net assets, end of year
- $607,602
- Fair market value of assets
- $1,576,707
- Qualifying distributions
- $85,900
- Net investment income
- $232,109
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alice E Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | President/Director | 0 | $0 |
| V Ross Read III 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Treasurer/Director | 0 | $0 |
| Gina Mittnacht 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Secretary | 0 | $0 |
| Alexander R Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Director | 0 | $0 |
| Merrill Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Vice President/Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alice E Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | President/Director | 0 | $0 |
| V Ross Read III 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Treasurer/Director | 0 | $0 |
| Gina Mittnacht 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Secretary | 0 | $0 |
| Alexander R Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Director | 0 | $0 |
| Merrill Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Vice President/Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alice E Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | President/Director | 0 | $0 |
| V Ross Read III 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Treasurer/Director | 0 | $0 |
| Gina Mittnacht 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Secretary | 0 | $0 |
| Alexander R Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Director | 0 | $0 |
| Merrill Read 1249 N Franklin Place Suite 300, Milwaukee, WI 53202 | Vice President/Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1249 N FRANKLIN PL STE 300, MILWAUKEE, WI 53202-3392
- In care of
- % MARION MERRILL CHESTER READ
- Signed the 990-PF
- ALICE E READ, PRESIDENT
- Phone
- (414) 291-8260
- Return prepared by
- Wisconsin Securities Partners LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 39-1892801
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $607,602
- Income (IRS master file)
- $324,358
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $232,109 | $96,888 | $607,602 | IRS |
| 990-PF | December 2024 | $163,552 | $310,635 | $472,381 | IRS |
| 990-PF | December 2023 | $122,319 | $166,528 | $619,464 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 39-1892801).
Questions about READ FOUNDATION INC
- What is the EIN of READ FOUNDATION INC?
- The employer identification number (EIN) of READ FOUNDATION INC is 39-1892801.
- Is READ FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to READ FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does READ FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of READ FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did READ FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of READ FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does READ FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $232,109, expenses of $96,888 and total assets of $607,602 at year end.
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