THE PETER AND ELIZABETH C TOWER FOUNDATION (EIN 16-6350753)

THE PETER AND ELIZABETH C TOWER FOUNDATION

GETZVILLE, NY, US

•

a.k.a Tower Foundation

•

501(c)(3)

•

EIN

16-6350753

•

WWW.THETOWERFOUNDATION.ORG

•

Open for Solicitation

Private Foundation

Family Foundation

Regional Funder

Women Led

THE PETER AND ELIZABETH C TOWER FOUNDATION

GETZVILLE, NY, US

•

a.k.a Tower Foundation

•

501(c)(3)

•

EIN

16-6350753

•

WWW.THETOWERFOUNDATION.ORG

•

Open for Solicitation

Private Foundation

Family Foundation

Regional Funder

Women Led

Overview

Programs

990s

Income Statement

Balance Sheet

How to Apply

People

Board & Team

Financials

Financial Trends

Funding

Funders

Grants Received

Grantmaking

Giving Insights

Grantees

Grants Given

Overlap

Hide details

Income Statement

Fiscal Year Start:

Jan 1

Revenues in 2024

$10,200,664

Other

63%

Investments

37%

Contributions

Government Grants

Fundraising Events

Program Services

Membership Dues

Expenses in 2024

$12,295,236

Grants

75%

Fees to Service Providers

11%

Salaries & Benefits

Other

Offices, Occupancy & IT

<1%

Depreciation

<1%

Advertising & Promotion

<1%

Benefits to Members

Interest

Revenues

2023

2024

Change

Contributions

Government Grants

Fundraising Events

Program Services

Membership Dues

Investments

$3,405,328

$3,743,508

+10%

Other

$4,025,779

$6,457,156

+60%

Total Revenues

$7,431,107

$10,200,664

+37%

Expenses

2023

2024

Change

Grants

$7,675,243

$9,255,412

+21%

Benefits to Members

Salaries & Benefits

$1,069,415

$1,142,050

+7%

Fees to Service Providers

$2,187,039

$1,382,791

-37%

Advertising & Promotion

$5,000

+0%

Offices, Occupancy & IT

$85,920

+0%

Interest

$30,042

-100%

Depreciation

$3,681

$6,132

+67%

Other

$457,509

$417,931

-9%

Total Expenses

$11,513,849

$12,295,236

+7%

Net income

2023

2024

Change

Net income

-$4,082,742

-$2,094,572

+49%