Tower Family Fund Inc is a private grantmaking foundation established in 2006 and designated as a 501(c)(3) organization. Based in Buffalo, New York, the organization operates as a family foundation focused on philanthropic grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$40.7M
-8.0% YoY
Annual Giving
$8.0M
+25.8% YoY
Grant Count
108
-21.7% YoY
Avg Grant Size
$74K
+60.8% YoY
Under IRS private-foundation payout rules, Tower Family Fund Inc reported a distributable amount of $2.8M for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
Tower Family Fund Inc is an active grantmaker. In 2024, the foundation made 146 grants totaling approximately $6.1 million in grant distributions.
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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 | 2024 | 2023 |
|---|---|---|
| Total Assets | $40,666,134 | $44.2M |
| Total Revenues | $5,394,655 | $2.66M |
| Total Expenses | $8,929,484 | $6.86M |
| Total Liabilities | — | $0 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $40,666,134 | $44,200,963 | $48,395,587 |
| Revenue | $5,394,655 | $2,661,222 | $4,706,166 |
| Expenses | $8,929,484 | $6,855,846 | $7,632,431 |
| Qualifying Distributions | $8,546,220 | $6,500,745 | $7,214,566 |
| Net Investment Income | $5,011,141 | $2,408,331 | $4,362,594 |
| Distributable Amount | $2,809,020 | $2,720,714 | $2,950,842 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Tower Family Fund Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Martha's Vineyard Hospital ($1,000,000), Burchfield-penney Art Center ($125,000), Artpark & Company ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BUFFALO AKG ART MUSEUM BUFFALO, NY | GENERAL SUPPORT | $50,000 |
| ALZHEIMER'S ASSOCIATION- WESTERN NY CHAPTER BUFFALO, NY | GENERAL SUPPORT | $10,000 |
| AMERICAN RED CROSS - GREATER BUFFALO CHAPTER BUFFALO, NY | GENERAL SUPPORT | $5,000 |
| ARTPARK & COMPANY LEWISTON, NY | ARTPARK BRIDGES PROGRAM & GENERAL SUPPORT | $100,000 |
| ASPCA NEW YORK, NY | GENERAL SUPPORT | $2,000 |
| AUTISM SERVICES INC AMHERST, NY | GENERAL SUPPORT | $10,000 |
| BETH ISRAEL LAHEY HOSPITAL CORP BEVERLY, MA | ADDISON GILBERT HOSPITAL & BEVERLY HOSPITAL GENERAL SUPPORT | $50,000 |
| BOYS & GIRLS CLUB OF BUFFALO BUFFALO, NY | GENERAL SUPPORT | $10,000 |
| BOYS & GIRLS CLUB OF EAST AURORA INC EAST AURORA, NY | GENERAL SUPPORT | $10,000 |
| BOYS & GIRLS CLUB OF ELMA MARILLA & WALES ELMA, NY | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Randolph F Treece - Attorney Director ($77,218 compensation, 2024)
Trustees: Mollie T Byrnes, Cynthia T Doyle, John N Blair
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MOLLIE T BYRNES | SECRETARY, DIRECTOR | 1 | — |
| CYNTHIA T DOYLE | TREASURER, DIRECTOR | 1 | — |
| RANDOLPH F TREECE | ATTY DIRECTOR | 15 | $77,218 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Tower Family Fund Inc?
Tower Family Fund Inc is an active grantmaker. In 2024, the foundation made 146 grants totaling approximately $6.1 million in grant distributions. • Harborlight Homes (HCP): $1,000,000 (Housing Grant) • Navigator Homes of Martha's Vineyard: $1,000,000 (Senior Housing) • Power of Place Learning Communities: $811,036 (Learning Community Project Grant) • Burchfield Penney Art Center: $125,000 (Grant Agreement)
What size grants does Tower Family Fund Inc award?
In 2024, Tower Family Fund Inc awarded 108 grants totaling $8.0M — an average of about $74K per grant, based on its IRS Form 990 filings.
How much is Tower Family Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tower Family Fund Inc reported a distributable amount of $2.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tower Family Fund Inc's EIN?
Tower Family Fund Inc's EIN (Employer Identification Number) is 20-5848514. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tower Family Fund Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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