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Reade Industrial Fund


Last Updated: 2016-02-03

At A Glance

Reade Industrial Fund

111 West Monroe Street Tax Div 10c

Chicago, IL United States 60603

Telephone: (312) 461-5154

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $4,117,326

Total giving: $175,000






Trust established in 1946 in IL

Purpose and Activities

Grants are given to organizations to provide up to $5,000 in aid to individuals of good moral character, who are or have been employed in industry in the state of Illinois, and who shall by reason of an emergency beyond their control, such as accidental injury, illness of themselves or family members, inability to obtain any employment, or sudden and involuntary cessation of employment, be unable to care for themselves and their spouse and children and be in need of aid.

Fields of Interest

  • Basic and emergency aid
  • Community and economic development
  • Family services
  • Homeless services
  • Housing development
  • Human services
  • Philanthropy
  • Special population support
Population Groups
  • Economically disadvantaged people
  • Homeless people
  • Low-income and poor people
  • People with disabilities
  • People with intellectual disabilities
  • People with psychosocial disabilities

Financial Data

Year ended 2014-12-31

Assets: $4,117,326 (market value)

Expenditures: $219,048

Total giving: $175,000

Qualifying distributions: $192,997

Giving activities include:

$175,000 for 4 grants (high: $60,000; low: $25,000)