The Tower Foundation of San Jose State University
The tower foundation's mission is to encourage philanthropy among sjsu alumni and friends by providing high-quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.
The Tower Foundation of San Jose State University at a glance
In short: The Tower Foundation of San Jose State University gave $5.8M across 1 grant in 2025 (avg $5.8M), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $5,761,785
- +38.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $5,761,785
- +38.0% vs 2024
- Median grant
- $5,761,785
- Total assets
- $364,329,702
- +10.2% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Tower Foundation of San Jose State University funds
How this funder distributes its grants
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Tower Foundation of San Jose State University gives
- Giving grew 39% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $3.7M (2023) to $5.8M (2025). In 2025 it made 1 grant totaling $5.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $5,761,785 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $364,329,702 | $50,066,974 | $27,210,727 | $5,761,785 | 1 | $11,515,173 |
| 2024 | $330,738,995 | $40,849,599 | $26,052,888 | $4,175,076 | 1 | $12,815,225 |
| 2023 | $300,067,577 | $28,549,029 | $26,670,626 | $3,719,924 | 1 | $5,177,211 |
| 2022 | $280,294,745 | $32,559,828 | $22,673,220 | $4,158,453 | 2 | $11,347,509 |
| 2021 | $263,921,731 | $46,353,106 | $23,148,854 | $4,376,962 | 3 | $17,142,440 |
| 2020 | $204,408,600 | $29,787,267 | $24,652,766 | $4,163,343 | 3 | $8,741,954 |
| 2019 | $211,640,861 | $27,044,574 | $26,049,500 | $5,496,117 | 2 | $5,656,298 |
About The Tower Foundation of San Jose State University
Based on IRS filings
The Tower Foundation of San Jose State University is a public charity focused on Education, based in San Jose, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $364.3M in total assets. In 2025, it awarded 1 grant totaling $5.8M. Net investment income was $11.5M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Tower Foundation of San Jose State University is led by Judy Nagai, CEO on every filing since 2024; 6 of 34 officers listed in 2025 are compensated.
Officers on the 2025 filing
Judy Nagai
CEO
On filings since 2024
30 hrs/week
No compensation reported
Patricia Gaglia
Executive Director for Corporate & Foundation Relations
New on the 2025 filing
40 hrs/week
$173K (2025)
Cynthia Teniente-Matson
Sjsu President
President → Sjsu President, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Phil Boyce
Chair
Vice Chair → Chair, 2024
On filings since 2022
0.5 hrs/week
No compensation reported
Karthika Sasikumar
Acad Senate Chair
Faculty Senate Chair → Acad Senate Chair, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Jeffrey Konya
Director of Athletics
On filings since 2023
1 hr/week
$396K (2023) → $214K (2025)
Colleen B Wilcox
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Edward Oates
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Eric Kelly
Director
Chairman of the Board → Chair, 2022
Chair → Director, 2024
On filings since 2019
0.5 hrs/week
No compensation reported
Gary D. Radine
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Jeff Ricci
Director
Director → Treasurer, 2022
Treasurer → Director, 2024
On filings since 2019
0.5 hrs/week
No compensation reported
John W. Baird
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Charlie Faas
Director
CFO & Managing Director → Managing Director & Interim, 2021
Managing Director & Interim → Director, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Marko Trapani
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Steve Caplan
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Linda Morasch
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Mark Lazzarini
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Vincent Del Casino
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Bill Barton
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Erica Lockheimer
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Mark Pasquale
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Scott Lefaver
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Brent Brennan
Former Head Coach & Football
Head Coach & Football → Former Head Coach & Football, 2025
On filings since 2019
1 hr/week
$304K (2019) → $686K (2025)
Derrick Odum
Assistant Coach & Football
On filings since 2019
0.5 hrs/week
$104K (2019) → $152K (2025)
Timothy Miles
Head Coach & Basketball
Head Coach & Men's Basketba → Head Coach & Men's Basketball, 2024
Head Coach & Men's Basketball → Head Coach & Basketball, 2025
On filings since 2022
1 hr/week
$273K (2022) → $552K (2025)
Folarin Erogbogbo
Faculty Representative
Faculty At-Large Representative → Faculty Representative, 2025
On filings since 2024
0.5 hrs/week
$11K (2024) → $0 (2025)
Kenneth Niumatalolo
Head Coach & Football
New on the 2025 filing
1 hr/week
$1.1M (2025)
Constance B. Moore
Vice Chair
Chairman of the Board → Director, 2020
Director → Vice Chair, 2025
On filings since 2019
0.5 hrs/week
No compensation reported
Wanda Hendrix
Treasurer
Executive Officio-Alumni Assc President → Director, 2022
Director → Treasurer, 2024
On filings since 2019
0.5 hrs/week
No compensation reported
Kevin Swanson
Athletic Directors Council
On filings since 2023
0.5 hrs/week
No compensation reported
Robin Reynolds
COO & Secretary
On filings since 2023
40 hrs/week
No compensation reported
Sandy Swanson
Athletic Directors Council
On filings since 2023
0.5 hrs/week
No compensation reported
Janikke Klem
Alumni Appointee
On filings since 2024
0.5 hrs/week
No compensation reported
Sarab Multani
Student Body Representative
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (39)
- Former: Dana C Ditmore (2019–2024) — Director
- Former: Peter V Ueberroth (2019–2024) — Director
- Former: William E Barton (2019–2024) — Director
- Former: Kevin McGiven (2021–2024) — Assistant Coach & Football
- Former: Connie Moore (2022–2024) — Vice Chair
- Former: Lisa Millora (2022–2024) — Former CEO
- Former: Tom McCarron (2023–2024) — Interim Vpua & CEO
- Former: Gary J Sbona (2019–2023) — Director
- Former: Joe Pinto (2019–2023) — Director
- Former: Marie Tuite (2019–2023) — Former Athletic Director
- Former: Richard Conniff (2019–2023) — Director
- Former: Daniele LeCesne (2021–2023) — COO & Secretary
- Former: Virginia Lehmkul Dakhwe (2021–2023) — Staff & Faculty Representative
- Former: Alison McKee (2022–2023) — Academic Senate Chair
- Former: Chrissy Chang (2022–2023) — Alumni Board President
- Former: Les Francis (2022–2023) — Director
- Former: Steve Perez (2022–2023) — President
- Former: Irvin Wong (2023) — Student Representative
- Former: David Neighbors (2019–2022) — Spartan Athletics Board
- Former: David Weng (2019–2022) — Director
- Former: Mary Papazian (2019–2022) — President
- Former: Theresa Davis (2021–2022) — CEO
- Former: Allison Briceno (2019–2021) — Director
- Former: Charles W. Davidson (2019–2021) — Director
- Former: Jean Prioleau (2019–2021) — Head Coach & Basketball
- Former: Leslie C. Francis (2019–2021) — Director
- Former: Phillip R. Boyce (2019–2021) — Director
- Former: Ravisha Mathur (2019–2021) — Executive Officio-Academic Senate Representative
- Former: Stephen H. Caplan (2019–2021) — Director
- Former: Liliana Alder (2021) — Student Body Representative
- Former: Leslie Rohn (2019–2020) — Secretary & COO
- Former: Peter N. Smits (2019–2020) — Interim CEO
- Former: Sergio Landaverde (2019–2020) — Director
- Former: Evelyn Johnsen (2020) — Interim COO & Secretary
- Former: Joon Lee Tan (2020) — Controller
- Former: Harriett Arnold (2019) — Executive Officio
- Former: Judy Kass (2019) — Director of Human Resources
- Former: Paul Lanning (2019) — CEO · Filing note: Until APRIL'19
- Former: Stefan Frazier (2019) — Executive Officio
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.1M, to Kenneth Niumatalolo (Head Coach, Football). 6 officers or directors reported compensation on that filing.
Frequently asked questions about The Tower Foundation of San Jose State University
How much does The Tower Foundation of San Jose State University give each year?
The Tower Foundation of San Jose State University gave $5.8M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.2M across 1 grant.
How large is The Tower Foundation of San Jose State University?
The Tower Foundation of San Jose State University reported $364.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $50.1M.
What is The Tower Foundation of San Jose State University?
The Tower Foundation of San Jose State University is a public charity focused on Education, based in San Jose, CA. It holds $364.3M in total assets as of 2025.
Where does The Tower Foundation of San Jose State University operate?
The Tower Foundation of San Jose State University has awarded grants in California.
What is The Tower Foundation of San Jose State University's EIN?
The Tower Foundation of San Jose State University's EIN (Employer Identification Number) is 83-0403915. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 5, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS April 7, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 5, 2023)
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