The Reading 1 Foundation
Invitation OnlyHunting Valley, Ohio · EIN 34-7129352 · Private foundation
Grants paid (2024)$198K
Organizations funded7
Typical grant$20,000
Total assets$3.6M
Half of its grants to organizations were between $10,000 and $51,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
13% of grants went outside Ohio.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Laurel School | Shaker Heights, OH | General tax-exempt purposes | $80,000 |
| Cleveland Institute of Art | Cleveland, OH | General tax-exempt purposes | $51,000 |
| Hopewell | Middlefield, OH | General tax-exempt purposes | $20,000 |
| Cleveland Zoological Society | Cleveland, OH | General tax-exempt purposes | $20,000 |
| The Willows Community School | Culver City, CA | General tax-exepmt purposes | $10,000 |
| Uchicago Space Program | Chicago, IL | General tax-exempt purposes | $10,000 |
| Fairmount Presbyterian Church | Cleveland Hts, OH | General tax-exempt purposes | $7,500 |
| Heights Youth Club | Cleveland, OH | General tax-exempt purposes | $0 |
| Young Audiences of Northeast Ohio | Cleveland, OH | General tax-exempt purposes | $0 |
| University School | Chagrin Falls, OH | General tax-exempt purposes | $0 |
| Rose Center for Aging Well | Cleveland, OH | General tax exempt purposes | $0 |
| Nature Center at Shaker Lakes | Cleveland, OH | General tax-exempt purposes | $0 |
| Cleveland Museum of Art | Cleveland, OH | General tax-exempt purposes | $0 |
| United Way of Cleveland | Cleveland, OH | General tax-exempt purposes | $0 |
| Cleveland Institute of Music | Cleveland, OH | General tax-exempt purposes | $0 |
| North Union Farmers Market | Cleveland, OH | General tax-exempt purposes | $0 |
| University Circle Inc | Cleveland, OH | General tax-exempt purposes | $0 |
| Lake View Cemetery Fdn | Cleveland, OH | General tax-exempt purposes | $0 |
| Playhouse Square Foundation | Cleveland, OH | General tax-exempt purposes | $0 |
| Case Western Reserve University | Cleveland, OH | General tax-exempt purposes | $0 |
| Friends of Breakthrough Schools | Cleveland, OH | General tax-exempt purposes | $0 |
| Shady Side Academy | Pittsburgh, PA | General tax-exempt purposes | $0 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $198,500 | 22 |
| 2023 | $235,000 | 22 |
| 2022 | $60,000 | 22 |
Sources
- IRS Form 990-PF, tax year 2024, filed Jan 24, 2026 - IRS e-file batch, object ID 202600249349100200
- IRS Tax Exempt Organization Search for EIN 34-7129352
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.