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Tower Foundation Of Ny Inc. is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2022. It holds total assets of $70K. Annual income is reported at $40K. Total assets have grown from $24K in 2021 to $70K in 2024. The foundation is governed by 2 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 2021 to 2024. According to available records, Tower Foundation Of Ny Inc. has made 7 grants totaling $19K, with a median grant of $2K. Annual giving has grown from $1K in 2021 to $17K in 2023. Individual grants have ranged from $678 to $8K, with an average award of $3K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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 Foundation Of Ny Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY.
Tower Foundation Of Ny Inc. has distributed a total of $19K across 7 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $678 to $8K.
Tower Foundation Of Ny Inc. typically selects its grantees rather than accepting unsolicited proposals.
Tower Foundation Of Ny Inc. is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Goldie Braun | Treasurer | $0 | $0 | N/A |
| Reuven Braun | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$70K
Fair Market Value
N/A
Net Worth
$70K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$19K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cong Tiferes Moshe IncRELIGIOUS INSTITUTION | Brooklyn, NY | $8K | 2023 |
| VariousCHARITABLE | Various, NY | $5K | 2023 |
| Congeration Aharon VyaakovRELIGIOUS INSTITUTION | Monsey, NY | $2K | 2023 |
| Yeshiva Toras Chemed IncEDUCATIONAL INSTITUTION | Mt Kisco, NY | $2K | 2023 |
| Congregation Yetev Lev D SatmarRELIGIOUS INSTITUTION | Brooklyn, NY | $678 | 2022 |
| Yeshiva Ketana Satmar BpEDUCATIONAL INSTITUTION | Brooklyn, NY | $1K | 2021 |