The Towers Foundation Inc

Public charity · Grantmaker New Haven, CT EIN: 06-1331831

The purposes of the corporation are to provide resources to the new haven jewish community council housing corporation (dba the towers at tower lane and referred to in these bylaws as "the towers") in support of the towers' mission as set forth in article 2 of its certificate of incorporation on file in the office of the secretary of the state of Connecticut. In carrying out its purposes, the corporation shall act exclusively as a supporting organization, as described in section 509(a)(3) of the internal revenue code (the "code"), by operating for the benefit of, performing functions of, or carrying out purposes of the towers.) further provided, in the event of any conflict between the purposes set forth in these bylaws and those set forth in its certificate of incorporation, the provisions of the certificate of incorporation shall prevail.

The Towers Foundation Inc at a glance

In short: The Towers Foundation Inc gave $731K across 1 grant in 2025 (avg $731K), mostly in Connecticut. Source: 2025 IRS Form 990.

Annual giving (2025)
$731,092
+405.8% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$731,092
+405.8% vs 2024
Median grant
$731,092
Total assets
$2,715,578
-5.7% vs 2024
Primary geography
Connecticut (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 Towers Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

New Haven Jewish Community Council Housing Corporation: $731KNew Haven Jewish CommunityCouncil Housing Corporation$731K

The largest 2025 recipient was New Haven Jewish Community Council Housing Corporation ($731K).

Grant Size Distribution

3 grants across all recorded years

<$50K1$50–100K1$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 3 (33%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

New Haven

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2019 0 grants2020 1 grant2021 Total only2022 0 grants2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $15K (2022) to $731K (2025). In 2025 it made 1 grant totaling $731K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
New Haven Jewish Community Council Housing Corporation New Haven, CTGround Floor Renovations/Community Garden$731,092
Your AI grants department

Ready to take the next step with The Towers Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$2,715,578$1,512,288$1,805,163$731,0921$51,520
2024$2,880,342$1,133,381$1,449,754$144,5431$32,812
2023$3,122,597$1,940,196$1,094,041——$16,396
2022$2,189,612$1,139,386$761,140$15,495Total only$-278
2021$1,943,554$867,533$825,432$72,3691$34
2020$1,658,164$956,794$704,400——$17,136
2019$1,423,925$487,915$576,596——$12,185

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About The Towers Foundation Inc

Based on IRS filings

The Towers Foundation Inc is a public charity, based in New Haven, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 1 grant totaling $731K. Net investment income was $52K.

Leadership & Key People

Officers and directors from IRS filings

The Towers Foundation Inc is led by Gustave Keach-Longo, President & CEO on every filing since 2020; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gustave Keach-Longo

    President & CEO

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Linda Cedarbaum

    Board Chair

    Director → Chair Elect, 2023

    Chair Elect → Board Chair, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Lori Brochin

    Director

    Director & Vice Chair Finance → Treasurer, 2020

    Treasurer → Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Cole

    Director

    At Large → Director, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Stephanie Jacobson

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Cindy Lefell

    Immediate Past Chair

    Chair → Outgoing Immediate Past Chair, 2024

    Outgoing Immediate Past Chair → Immediate Past Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Heyder

    CFO

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Linda Randell

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jamie Zuboff

    Vice Chair

    Vice Chair & Chair Elect → Vice Chair, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jennifer Baron Bayer

    Vice President of Strategic Initiatives

    On filings since 2024

    17.5 hrs/week

    No compensation reported

  • Jesse Wescott

    Vice President

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Robert Gittleman

    Treasurer

    Director → Treasurer, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (14)
  • Former: Robert Katz (2019–2024) — Director
  • Former: Donna Fedus (2024) — Director
  • Former: Ellen Iead (2024) — Director
  • Former: Erik Johnson (2024) — Outgoing Director
  • Former: Gayle Slossberg (2024) — Outgoing Director
  • Former: Ina Silverman (2024) — Director
  • Former: Marc Olins (2024) — Director
  • Former: Renee Drell (2024) — Outgoing Director
  • Former: Sammy Parry (2024) — Director
  • Former: Jacqueline Koral (2019–2021) — Chair
  • Former: Alan Siegal (2019–2020) — Outgoing Director
  • Former: Irwin Epstein (2019–2020) — Outgoing Director
  • Former: Jacqueline Curl (2019) — President & CEO
  • Former: Robert Bayer (2019) — Outgoing Director & Vice Chair

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.

Frequently asked questions about The Towers Foundation Inc

How much does The Towers Foundation Inc give each year?

The Towers Foundation Inc gave $731K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $145K across 1 grant.

How large is The Towers Foundation Inc?

The Towers Foundation Inc reported $2.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.

Where does The Towers Foundation Inc operate?

The Towers Foundation Inc has awarded grants in Connecticut.

What is The Towers Foundation Inc's EIN?

The Towers Foundation Inc's EIN (Employer Identification Number) is 06-1331831. 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

(6)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS February 21, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2022)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2024)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS January 15, 2026)
  6. IRS filings on file for fiscal years 2020–2025

Explore Open Grants

Browse active grant opportunities in The Towers Foundation Inc's focus areas in our free grants database

Similar Funders

Similar funders in Connecticut

American Savings Foundation Inc

New Britain, CT

The foundation funds education, human services, and arts and culture, especially programs serving children, youth, and families, with a primary focus on New Britain and Waterbury and grants across 64 Connecticut towns. In 2025, its grants ranged from $238 to $150,000, with a median of $1,750; it also offers Community Grants of up to $5,000.

Assets

$107.0M

Grants

613

Total Given

$3.4M

Hartford Foundation for Public Giving

Hartford, CT

The Greater Hartford Gives Foundation funds nonprofits, agencies, and scholarships, with priorities including equity, social and economic mobility, community wellbeing, civic engagement, and arts and culture. Its 2024 itemized grants had a median of about $21,600, with awards ranging from about $5,000 to $2.48 million, and it primarily serves 29 towns in Greater Hartford. It offers annual, priority-aligned grant opportunities; the profile does not state whether it accepts unsolicited requests.

Assets

$1.2B

Grants

613

Total Given

$52.0M

Eversource Energy Foundation Inc

Hartford, CT

The Eversource Energy Foundation funds U.S. 501(c)(3) nonprofits working on basic needs, education, environmental stewardship, community engagement, and economic or workforce development. It gives in Eversource’s service territory in Connecticut, Massachusetts, and New Hampshire; its 2024 median grant was $2,000, though awards ranged from $250 to $700,000.

Assets

$12.5M

Grants

606

Total Given

$6.2M

The Community Foundation for Greater New Haven

New Haven, CT

The Community Foundation for Greater New Haven supports nonprofits working in civic vitality, arts and culture, health, and education across its 20-town Greater New Haven service area. Its 2024 grants had a median of $15,000, though amounts varied widely; it offers competitive, online application-based programs, but whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$627.4M

Grants

505

Total Given

$23.4M

Women's Business Development Council Inc

Stamford, CT

Women’s Business Development Council funds defined business projects for eligible Connecticut women-owned small businesses, as well as grants and support for qualified child care businesses. Recent grants ranged from $5,100 to $41,705, with a median of $10,000; listed programs offer awards from $2,500 up to $25,000. It serves applicants across Connecticut, and the profile describes program applications but does not state whether unsolicited requests are accepted.

Assets

$12.9M

Grants

188

Total Given

$2.3M

Fairfield County's Community Foundation Inc

Norwalk, CT

Fairfield County’s Community Foundation funds local nonprofits addressing education and careers, economic security, health equity, housing, civic engagement, and related community needs in Fairfield County, Connecticut. Awards vary widely: capacity-building grants are up to $10,000, Community Impact Grants are $10,000–$15,000, and reported 2025 grants had a median of $24,080. It accepts unsolicited applications for some programs, including rolling capacity-building and small-grant opportunities; Strategic Partner Grants are invitation-only.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

448

Total Given

$25.7M

More similar funders

More Funders in Connecticut

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Towers Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

The Towers Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?