Reading Hospital Foundation

Organization Overview

Reading Hospital Foundation, operating under the name Fkareading Health System Foundation, is located in Reading, PA. The organization was established in 2016. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Fkareading Health System Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fkareading Health System Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT INNOVATION, EDUCATION, RESEARCH AND OVERALL IMPROVEMENT OF HEALTHCARE SERVICES IN SUPPORT OF READING HOSPITAL AND THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH THE GENEROSITY OF THOUSANDS OF DONERS, THE READING HOSPITAL FOUNDATION WAS ABLE TO SUPPORT PROGRAMS AT READING HOSPITAL THAT WERE INNOVATIVE, EDUCATIONAL AND RESEARCH BASED. OVER THE LAST 22 MONTHS, OUR HOSPITAL, COMMUNITY, AND NATION HAVE FACED EXCEPTIONAL CHALLENGES. THROUGH IT ALL, THE GENEROSITY OF OUR BENEFACTORS HAS IMPROVED PATIENT CARE, ASSISTED COVID TREATMENT, PROVIDED FUNDING FOR MEDICAL RESEARCH, AND ALLOWED FOR CLINICAL EDUCATION TO ENSURE OUR HOSPITAL DELIVERS HEALTHCARE AT THE HIGHEST LEVEL IN OUR REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Katherine Thornton
President Of
$288,979
Paul Cohn
Vice Chairma
$0
Jeff Rush
Chairman
$0
Bunny Zintak
Secretary
$0
P Michael Ehlerman
Treasurer
$0
William Jennings
Board/evp &
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,935,033
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,935,033
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,935,033

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Reading Hospital Foundation has recieved totaling $35,000.

Awarding OrganizationAmount
Berkshire Charitable Foundation

Wilmington, DE

PURPOSE: CARDIAC CATHETERIZATION LAB

$20,000
Berkshire Charitable Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,734,395
Earnings$3,450,713
Admin Expense$27,682
Net Contributions$3,505,810
Ending Balance$24,663,236

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