The Tow Foundation Inc. is a private corporation based in NEW CANAAN, CT. The foundation received its IRS ruling in 2000. The principal officer is % Citizens Communications. It holds total assets of $311.4M. Annual income is reported at $117.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Tow Foundation Inc. has made 1,021 grants totaling $85M, with a median grant of $35K. Annual giving has grown from $19.2M in 2020 to $23.9M in 2023. Grantmaking activity was highest in 2022 with $41.9M distributed across 548 grants. Individual grants have ranged from $75 to $5M, with an average award of $83K. The foundation has supported 328 unique organizations. The foundation primarily supports organizations in New York, Connecticut, District of Columbia, which account for 77% of all grants. Grantmaking reaches organizations across 24 states. Contributions to this foundation are tax-deductible.
Application Information
Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.
Frequently Asked Questions
What does The Tow Foundation Inc. fund?
The Tow Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1,021 grants. Its grantmaking reaches organizations primarily in NY, CT, DC.
How much does The Tow Foundation Inc. give in grants?
The Tow Foundation Inc. has distributed a total of $85M across 1,021 grants. The median grant size is $35K, with an average of $83K. Individual grants have ranged from $75 to $5M.
How do I apply for a grant from The Tow Foundation Inc.?
The Tow Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Where is The Tow Foundation Inc. located?
The Tow Foundation Inc. is headquartered in NEW CANAAN, CT. While based in CT, the foundation distributes grants to organizations across 24 states.
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