READING HOSPITAL FOUNDATION

As filed

Subsection

03

NTEE code

E21

Classification

1000

Street

PO BOX 16052

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

5 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• READING HOSPITAL AND MEDICAL CENTER SELF-INSURANCE FUND

  EIN 23-2087514

• READING HOSPITAL MEDICAL STAFF

  EIN 47-4258282

• STC HEALTHCARE PARTNERS LLC

  EIN 84-3467958

• TOWER HEALTH

  EIN 23-2201344

• TOWER HEALTH AT HOME - ADVANTAGE HOME CARE

  EIN 23-2469319

Mission and programs · 2024

• 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

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $14,454,517

  Expenses

  $5,743,704

  Contributions

  $11,342,442

  Grants paid

  $4,694,168

• 2023

  Revenue

  $10,365,030

  Expenses

  $5,486,280

  Contributions

  $10,408,344

  Grants paid

  $4,469,251

• 2022

  Revenue

  $6,540,439

  Expenses

  $2,553,655

  Contributions

  $6,540,439

  Grants paid

  $1,529,212

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $4,003,191

  Expenses

  $2,618,899

  Assets (EOY)

  $40,674,865

• 2020 · 990

  Revenue

  $5,935,033

  Expenses

  $2,587,010

  Assets (EOY)

  $47,702,204

• 2019 · 990

  Revenue

  $1,514,642

  Expenses

  $1,495,092

  Assets (EOY)

  $35,868,935

• 2018 · 990

  Revenue

  $4,709,232

  Expenses

  $2,973,668

  Assets (EOY)

  $35,628,110

• 2017 · 990

  Revenue

  $1,846,236

  Expenses

  $803,563

  Assets (EOY)

  $32,808,032

• 2016 · 990

  Revenue

  $0

  Expenses

  $562,132

  Assets (EOY)

  -$1,043,203

• 2015 · 990

  Revenue

  $0

  Expenses

  $451,148

  Assets (EOY)

  -$456,071

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• READING HOSPITAL

  $4,694,168

  2024 · SUPPORT

• READING HOSPITAL

  $4,469,251

  2023 · SUPPORT

• READING HOSPITAL

  $1,529,212

  2022 · SUPPORT

Where these grants went next →

Grants received

• BERKS COUNTY COMMUNITY FOUNDATION INC

  $100,000

  2023 · FOR THE CARDIAC CATHETERIZATION LAB AT READING HOSPITAL

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $82,000

  2023 · FOR RECIPIENT'S EXEMPT PURPOSE

• UNITED WAY OF BERKS COUNTY

  $50,004

  2022 · PARTNER AGENCY INVESTMENTS: STREET MEDICINE

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $43,317

  2023 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $33,500

  2023 · HEALTH

• BERKS COUNTY COMMUNITY FOUNDATION INC

  $25,000

  2024 · FOR THE READING HOSPITAL HIGH SCHOOL INTERNSHIP PROGRAM

• DONOR ADVISED CHARITABLE GIVING

  $21,250

  2022 · HEALTH

• BERKS COUNTY COMMUNITY FOUNDATION INC

  $20,261

  2022 · READING HOSPITAL HIGH SCHOOL INTERNSHIP PROGRAM

• BERKS COUNTY COMMUNITY FOUNDATION INC

  $20,000

  2024 · FOR IMPROVEMENTS TO THE HOSPITAL CONSUMER ASSESSMENT OF HEALTHCARE PROVIDERS AND SYSTEMS

• BERKS COUNTY COMMUNITY FOUNDATION INC

  $20,000

  2022 · FOR THE "DELIVERING SERIOUS NEWS" PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files