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Tower Family Fund Inc. is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 2007. It holds total assets of $40.7M. Annual income is reported at $22M. Total assets have grown from $31.1M in 2011 to $44.2M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and Massachusetts. According to available records, Tower Family Fund Inc. has made 566 grants totaling $23.8M, with a median grant of $15K. Annual giving has grown from $4.3M in 2021 to $6.4M in 2023. Grantmaking activity was highest in 2022 with $13.2M distributed across 296 grants. Individual grants have ranged from $500 to $1.1M, with an average award of $42K. The foundation has supported 170 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$15K
Average Grant
$36K
Largest Grant
$1.3M
Based on 146 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Tower Family Fund Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 566 grants. Its grantmaking reaches organizations primarily in MA, NY, DC.
Tower Family Fund Inc. has distributed a total of $23.8M across 566 grants. The median grant size is $15K, with an average of $42K. Individual grants have ranged from $500 to $1.1M.
Tower Family Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Tower Family Fund Inc. is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cynthia T Doyle | TREASURER, DIRECTOR | $0 | $0 | N/A |
| Mollie T Byrnes | SECRETARY, DIRECTOR | $0 | $0 | N/A |
| Randolph F Treece | ATTY DIRECTOR | $0 | $0 | N/A |
| John N Blair | VP, ATTY DIRECTOR | $0 | $0 | N/A |
Total Giving
$6.9M
Total Assets
$44.2M
Fair Market Value
$59.5M
Net Worth
$44.2M
Grants Paid
$6.4M
Contributions
N/A
Net Investment Income
$2.4M
Distribution Amount
$2.7M
Total: $18.3M
Total Grants
566
Total Giving
$23.8M
Average Grant
$42K
Median Grant
$15K
Unique Recipients
170
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stillpoint Martha'S Vineyard IncSPECIAL GRANT | Chilmark, MA | $1.1M | 2023 |
| Cape Ann MuseumCAPITAL CAMPAIGN FOR EDUCATION CENTER IMPROVEMENTS | Gloucester, MA | $900K | 2023 |
| Roswell Park Alliance FoundationRELEASE THE BREAKTHROUGHS CAMPAIGN | Buffalo, NY | $250K | 2023 |
| Power Of Place Learning Communities IncLEARNING COMMUNITY PROJECT GRANT | Burlington, MA | $200K | 2023 |
| Burchfield-Penney Art CenterGRANT AGREEMENT | Buffalo, NY | $125K | 2023 |
| Essex County Community FoundationGENERAL SUPPORT | Danvers, MA | $100K | 2023 |
| Rockport Music IncJAZZ WORKSHOP AND ANNUAL FUND | Rockport, MA | $100K | 2023 |
| Ymca Of Martha'S VineyardGENERAL SUPPORT | Vineyard Haven, MA | $100K | 2023 |
| Conservation Law FoundationGENERAL SUPPORT | Boston, MA | $100K | 2023 |
| Gloucester Marine Genomics InstituteGENERAL SUPPORT | Gloucester, MA | $100K | 2023 |
| Pathways For ChildrenGENERAL SUPPORT | Gloucester, MA | $100K | 2023 |
| Sawyer Library FoundationCAPITAL CAMPAIGN | Gloucester, MA | $100K | 2023 |
| Walnut Hill School Of The ArtsGENERAL SUPPORT | Natick, MA | $100K | 2023 |
| Island Grown InitiativeFOOD PANTRY ENDOWMENT | Vineyard Haven, MA | $100K | 2023 |
| Medstar Georgetown University Hospital - Mental Health Innovation CenterGENERAL SUPPORT | Washington, DC | $100K | 2023 |
| New Profit IncGENERAL SUPPORT | Boston, MA | $100K | 2023 |
| Buffalo Philharmonic OrchestraGENERAL SUPPORT | Buffalo, NY | $100K | 2023 |
| The Health InitiativeGENERAL SUPPORT | Attleboro, MA | $100K | 2023 |
| Martha'S Vineyard Community Services IncHEALTHY AGING MV COALITION | Vineyard Haven, MA | $75K | 2023 |
| Niagara Lutheran Health FoundationLEADERSHIP COUNCIL CAMPAIGN | Lancaster, NY | $75K | 2023 |
| Massachusetts General HospitalRECOVERY RESEARCH INSTITUTE | Boston, MA | $60K | 2023 |
| Choate Rosemary HallGENERAL SUPPORT | Wallingford, CT | $60K | 2023 |
| The Field FundGENERAL SUPPORT | Chilmark, MA | $60K | 2023 |
| Cape Ann Art Haven IncGENERAL SUPPORT | Gloucester, MA | $50K | 2023 |
| Suneel'S Light FoundationGENERAL SUPPORT | Buffalo, NY | $50K | 2023 |
| Daemen UniversityENDOWMENT SCHOLARSHIP FUND | Amherst, NY | $50K | 2023 |
| Penikese School IncPENIKESE ISLAND SCHOOL'S GIRLS' SCIENCE AND NATURE SUMMER CAMP | Woods Hole, MA | $50K | 2023 |
| Ymca Of The North Shore IncGENERAL SUPPORT & CHILDREN'S SCHOLARSHIPS AND NEEDS | Beverly, MA | $50K | 2023 |
| EarthjusticeGENERAL SUPPORT | San Francisco, CA | $50K | 2023 |
| Sea The World Productions IncGENERAL SUPPORT | West Tisbury, MA | $50K | 2023 |
| Opportunities Collaborative For Students With Special Needs IncGENERAL SUPPORT | Amherst, NY | $50K | 2023 |
| Ccb Foundation IncSUD PEER RECOVERY PROGRAMS & STAFFING | Rockport, MA | $50K | 2023 |
| Buffalo Peace HouseGENERAL SUPPORT | Hamburg, NY | $50K | 2023 |
| Wellspring House IncGENERAL SUPPORT | Gloucester, MA | $50K | 2023 |
| Buffalo Akg Art MuseumACCESS AK PROGRAM/ ART'SCOOL PROGRAM | Buffalo, NY | $50K | 2023 |
| Gloucester Celebrations CorpEDUCATIONAL OUTREACH AND EVENTS ABOUT FISHING, ART, ETC. | Gloucester, MA | $50K | 2023 |
| The Open DoorGENERAL SUPPORT | Gloucester, MA | $50K | 2023 |
| St Gregory The Great SchoolSPECIAL EDUCATION PROGRAMS | Williamsville, NY | $45K | 2023 |
| Madonna Of The StreetsST. LUKE'S MISSION OF MERCY | Buffalo, NY | $40K | 2023 |
| The KelseyGENERAL SUPPORT | San Francisco, CA | $38K | 2023 |
| Mvyouth IncGENERAL SUPPORT | Chilmark, MA | $35K | 2023 |
| Dana-Farber Cancer InstituteHALE FAMILY CENTER FOR PANCREATIC CANCER RESEARCH & PATIENT FINANCIAL ASSISTANCE | Brookline, MA | $35K | 2023 |
| Pinnacle Community ServicesGENERAL SUPPORT | Niagara Falls, NY | $30K | 2023 |
| Gloucester Education FoundationGENERAL SUPPORT | Gloucester, MA | $30K | 2023 |