The Towers Foundation Inc
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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.7M
-5.7% YoY
Annual Giving
$731K
+405.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$731K
+405.8% YoY
About The Towers Foundation Inc
Based on IRS filings
The Towers Foundation Inc is a nonprofit organization, based in NEW HAVEN, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 1 grants totaling $731K. Net investment income was $52K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,715,578 | $2,880,342 | $3,122,597 |
| Revenue | $1,512,288 | $1,133,381 | $1,940,196 |
| Expenses | $1,805,163 | $1,449,754 | $1,094,041 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $51,520 | $32,812 | $16,396 |
| 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 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include New Haven Jewish Community Council Housing Corporation ($731,092).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW HAVEN JEWISH COMMUNITY COUNCIL HOUSING CORPORATION NEW HAVEN, CT | GROUND FLOOR RENOVATIONS/COMMUNITY GARDEN | $731,092 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CINDY LEFELL | IMMEDIATE PAST CHAIR | 1 | — |
| DR STEPHANIE JACOBSON | DIRECTOR | 1 | — |
| JAMIE ZUBOFF | VICE CHAIR | 1 | — |
| LINDA CEDARBAUM | BOARD CHAIR | 2 | — |
| LINDA RANDELL | SECRETARY | 1 | — |
| LORI BROCHIN | DIRECTOR | 1 | — |
| ROBERT COLE | DIRECTOR | 1 | — |
| ROBERT GITTLEMAN | TREASURER | 1 | — |
| GUSTAVE KEACH-LONGO | PRESIDENT & CEO | 5 | — |
| JOHN HEYDER | CFO | 5 | — |
| JENNIFER BARON BAYER | VICE PRESIDENT OF STRATEGIC INITIATIVES | 17.5 | — |
| JESSE WESCOTT | VICE PRESIDENT | 5 | — |
Frequently Asked Questions
How large is The Towers Foundation Inc?
As of 2025, The Towers Foundation Inc holds $2.7M in total assets with $1.5M in annual revenue. It awarded 1 grants totaling $731K in 2025.
Where does The Towers Foundation Inc operate?
The Towers Foundation Inc has awarded grants in Connecticut.
What size grants does The Towers Foundation Inc award?
In 2025, The Towers Foundation Inc awarded 1 grants totaling $731K — an average of about $731K per grant, based on its IRS Form 990 filings.
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 2020–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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