The Tower Foundation's mission is to encourage philanthropy amoung SJSU alumni and friends by providing high quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$330.7M
+10.2% YoY
Annual Giving
$4.2M
+12.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$4.2M
+12.2% YoY
About The Tower Foundation of San Jose
Based on IRS filings
The Tower Foundation of San Jose is a nonprofit organization focused on Education, based in SAN JOSE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $330.7M in total assets. In 2024, it awarded 1 grants totaling $4.2M. Net investment income was $12.8M.
Focus Areas
Ready to take the next step with The Tower Foundation of San Jose?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $330,738,995 | $300,067,577 | $280,294,745 |
| Revenue | $40,849,599 | $28,549,029 | $32,559,828 |
| Expenses | $26,052,888 | $26,670,626 | $22,673,220 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,815,225 | $5,177,211 | $11,347,509 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include San Jose State University ($4,175,076).
| Recipient | Purpose | Amount |
|---|---|---|
| San Jose State University San Jose, CA | Scholarships/Awards | $4,175,076 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Cynthia Teniente-Matson | SJSU President | 0.5 | — |
| Karthika Sasikumar | Faculty Senate Chair | 0.5 | — |
| Judy Nagai | CEO | 30 | — |
| Tom McCarron | Interim VPUA & CEO (until 12/31/23) | 30 | — |
| Folarin Erogbogbo | Faculty At-Large Rep | 0.5 | $11,392 |
| Phil Boyce | Chair | 0.5 | — |
| Connie Moore | Vice Chair | 0.5 | — |
| Wanda Hendrix | Treasurer | 0.5 | — |
| John W Baird | Director | 0.5 | — |
| William E Barton | Director | 0.5 | — |
| Steve Caplan | Director | 0.5 | — |
| Vincent Del Casino | Director | 0.5 | — |
| Dana C Ditmore | Director | 0.5 | — |
| Charlie Faas | Director | 0.5 | — |
| Eric Kelly | Director | 0.5 | — |
| Janikke Klem | Alumni Appointee | 0.5 | — |
| Mark Lazzarini | Director | 0.5 | — |
| Linda Morasch | Director | 0.5 | — |
| Sarab Multani | Student Body Rep | 0.5 | — |
| Edward Oates | Director | 0.5 | — |
| Gary Radine | Director | 0.5 | — |
| Jeff Ricci | Director | 0.5 | — |
| Kevin Swanson | Athletic Directors Council | 0.5 | — |
| Sandy Swanson | Athletic Directors Council | 0.5 | — |
| Marko Trapani | Director | 0.5 | — |
| Peter V Ueberroth | Director | 0.5 | — |
| Colleen B Wilcox | Director | 0.5 | — |
| Robin Reynolds | COO/Secretary | 40 | — |
| Brent Brennan | Head Coach, Football (until 1/16/24) | 1 | $1,372,900 |
| Timothy Miles | Head Coach, Men's Basketball | 1 | $478,933 |
| Jeffrey Konya | Director of Athletics | 1 | $163,455 |
| Kevin McGiven | Assistant Coach, Football | 0.5 | $151,588 |
| Derrick Odum | Assistant Coach, Football | 0.5 | $136,636 |
| Lisa Millora | Former CEO | — | $6,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Tower Foundation of San Jose?
The Tower Foundation of San Jose is a nonprofit organization focused on Education, based in SAN JOSE, CA. It holds $330.7M in total assets as of 2024.
How large is The Tower Foundation of San Jose?
As of 2024, The Tower Foundation of San Jose holds $330.7M in total assets with $40.8M in annual revenue. It awarded 1 grants totaling $4.2M in 2024.
Where does The Tower Foundation of San Jose operate?
The Tower Foundation of San Jose has awarded grants in California.
What size grants does The Tower Foundation of San Jose award?
In 2024, The Tower Foundation of San Jose awarded 1 grants totaling $4.2M — an average of about $4.2M per grant, based on its IRS Form 990 filings.
What is The Tower Foundation of San Jose's EIN?
The Tower Foundation of San Jose's EIN (Employer Identification Number) is 83-0403915. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Tower Foundation of San Jose's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Tower Foundation of San Jose on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Tower Foundation of San Jose to a real strategy.