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EIN 83-0403915

The Tower Foundation of San Jose State University

IRS 501(c) type
501(c)(3)
Num. employees
135
City
San Jose
State
California
Year formed
2004
Most recent tax filings
2022-06-01
NTEE code, primary
B80: Student Services and Organizations of Students
Description
The Tower Foundation of San Jose State University promotes and advances the objectives of San Jose State University through its mission to provide assistance to academic programs, libraries, classroom facilities, student scholarships, faculty, and athletics programs. Additionally, it encourages philanthropy among SJSU alumni and friends by providing high-quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.
Total revenues
$32,559,828
2022
Total expenses
$22,673,220
2022
Total assets
$280,294,745
2022
Num. employees
135
2022

Program areas at The Tower Foundation of San Jose State University

The Tower Foundation of San Jose State University is organized exclusively for educational purposes of promoting and advancing The objectives of San Jose State University. Primary purposes include providing assistance to academic programs, libraries, classrooms, laboratories, student scholarships, faculty fellowships and professorships, faculty research and community projects, and athletics programs.

Who funds The Tower Foundation of San Jose State University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Education$358,088
Schwab Charitable FundEducation$317,075
Gulf Coast Community FoundationEducation$225,000
...and 52 more grants received totalling $3,619,657

Personnel at The Tower Foundation of San Jose State University

NameTitleCompensation
Lisa MilloraChief Executive Officer / Vice President for Information Technology and Chief Information Officer$0
Theresa DavisChief Executive Officer$13,000
Daniele LecesneChief Operating Officer and Secretary / Chief Operating Officer , Secretary$0
Robin ReynoldsChief Operating Officer
Bob LimVice President for Information Technology and Chief Information Officer
...and 22 more key personnel

Financials for The Tower Foundation of San Jose State University

RevenuesFYE 06/2022
Total grants, contributions, etc.$14,794,585
Program services$4,927,416
Investment income and dividends$1,759,045
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$9,588,464
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,490,318
Total revenues$32,559,828

Form 990s for The Tower Foundation of San Jose State University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-05990View PDF
2021-062022-05-06990View PDF
2020-062021-04-27990View PDF
2019-062020-10-05990View PDF
2018-062019-07-23990View PDF
...and 9 more Form 990s
Data update history
April 24, 2024
Updated personnel
Identified 5 new personnel
January 2, 2024
Received grants
Identified 19 new grant, including a grant for $358,088 from Silicon Valley Community Foundation (SVCF)
October 26, 2023
Received grants
Identified 13 new grant, including a grant for $182,000 from Koret Foundation
August 20, 2023
Received grants
Identified 32 new grant, including a grant for $225,000 from Gulf Coast Community Foundation
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
LobbyingOperates internationallyState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
1 Washington Sq
San Jose, CA 95192
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
sjsu.edu/towerfoundation/ 
Phone
(408) 924-1765
IRS details
EIN
83-0403915
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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