EIN 83-0403915

The Tower Foundation of San Jose State University

IRS 501(c) type
501(c)(3)
Num. employees
601
Year formed
2004
Most recent tax filings
2023-06-01
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
$28,549,029
2023
Total expenses
$26,670,626
2023
Total assets
$300,067,577
2023
Num. employees
601
2023

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
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$225,150
...and 53 more grants received totalling $3,489,328

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
Tom McCarronChief Executive Officer$0
Robin ReynoldsChief Operating Officer$0
Bob LimVice President for Information Technology and Chief Information Officer
Judy NagaiInterim Chief of Staff, Office of the President
...and 22 more key personnel

Financials for The Tower Foundation of San Jose State University

RevenuesFYE 06/2023
Total grants, contributions, etc.$16,646,377
Program services$5,541,867
Investment income and dividends$3,861,448
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,315,763
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,183,574
Total revenues$28,549,029

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

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-05990View PDF
2021-062022-05-06990View PDF
2020-062021-04-27990View PDF
2019-062020-10-05990View PDF
...and 10 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 13 new grant, including a grant for $100,000 from San Jose State University Alumni Association
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Received grants
Identified 7 new grant, including a grant for $225,000 from Gulf Coast Community Foundation
April 24, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
LobbyingOperates internationallyState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsAccepts online 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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
129911
FTB Entity ID
2669443
AB 488 data last updated ("as-of") date
2024-10-16
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