The Towe Family Foundation
The Towe Family Foundation is a private foundation, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 11 grants totaling $1.1M. Net investment income was $18K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.1M
+1540.6% YoY
Grant Count
11
-50.0% YoY
Avg Grant Size
$104K
+3181.2% YoY
Under IRS private-foundation payout rules, The Towe Family Foundation reported a distributable amount of $46K for 2021 — the minimum it must pay out in qualifying distributions.
About The Towe Family Foundation
Based on IRS filings
The Towe Family Foundation is a private foundation, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 11 grants totaling $1.1M. Net investment income was $18K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $897,777 |
| Revenue | $19,176 | $36,862 |
| Expenses | $1,144,229 | $71,128 |
| Qualifying Distributions | $1,142,391 | — |
| Net Investment Income | $18,088 | $28,049 |
| Distributable Amount | $46,054 | $37,136 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2021
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include The Community Foundation for Northeast Florida ($1,113,617), Meddybemps Lake Land Trust ($15,000), The Trinity Forum ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONNECTICUT CHILDREN'S HARTFORD, CT | CHILD HEALTH SERVICES | $1,000 |
| CUMMER MUSEUM OF ART JACKSONVILLE, FL | SUPPORT OPERATIONS AND EVENTS | $1,250 |
| GREENWICH CHAPLAINCY SERVICES GREENWICH, CT | SENIOR CARE CENTERS IN GREENWICH | $1,000 |
| MAYO CLINIC JACKSONVILLE, FL | HEALTHCARE | $1,000 |
| MEDDYBEMPS LAKE LAND TRUST CALAIS, ME | ENVIROMENTAL PRESERVATION | $15,000 |
| ST ANDREWS SCHOOL MIDDLETOWN, DE | EDUCATION | $500 |
| THE COMMUNITY FOUNDATION FOR NORTHEAST FLORIDA JACKSONVILLE, FL | COMMUNITY SUPPORT | $1,113,617 |
| THE TRINITY FORUM WASHINGTON, DC | RELIGIOUS PROGRAMS AND EVENTS | $5,000 |
| UNITED AGAINST POVERTY ORLANDO, FL | POVERTY ASSITANCE | $500 |
| UNIVERSITY HOSPITALS HIGHLAND HILLS, OH | HEALTHCARE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEELY P TOWE | DIR. & PRES. | — | — |
| ROLF H TOWE | DIR. SEC'Y & TREAS. | — | — |
| ANNE T EGAN | DIR. & VP | — | — |
| CHRISTOPHER W TOWE | DIR. & VP | — | — |
Frequently Asked Questions
Where does The Towe Family Foundation operate?
The Towe Family Foundation has awarded grants in Colorado, Connecticut, District of Columbia, Delaware, Florida, Illinois, Massachusetts, Maine, North Carolina, Ohio, Tennessee, Virginia.
What size grants does The Towe Family Foundation award?
In 2021, The Towe Family Foundation awarded 11 grants totaling $1.1M — an average of about $104K per grant, based on its IRS Form 990 filings.
How much is The Towe Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Towe Family Foundation reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Towe Family Foundation's EIN?
The Towe Family Foundation's EIN (Employer Identification Number) is 59-3509411. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in The Towe Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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