Program areas at Towercares Foundation
Towercares grants:grants to support charities that meet our mission: children in need and brave and heroic individuals and their families who have sacrificed while protecting our freedom.towercares holds an annual golf tournament to benefit johns hopkinschildren's center to support pediatric care and research. In 2023towercares donated $51,000 of proceeds to the organization.
Angel program:provided nine $1,000 holiday financial assistance grants to enlisted service members and military families in need at fort meade.
Towercares scholarship program:provided thirty $5,000 scholarships to student pursuing stem studies as their college major to support our mission to assist children in need. One 10,000 scholarship expenses: $5,000 admin fee and $260 for checks.
Grants made by Towercares Foundation
Who funds Towercares Foundation
Grants from foundations and other nonprofits
Personnel at Towercares Foundation
| Name | Title | Compensation | Date of data |
|---|
| Tom Poe | Treasurer | $0 | 2024-03-27 |
| Alvin Smith | Secretary | $0 | 2023-12-31 |
| Richard Stafford | President | $0 | 2023-12-31 |
| R Allen Brisentine | Chair | $0 | 2023-12-31 |
| Doug Harris | Past Treasurer | $0 | 2021-05-20 |
| ...and 1 more key personnel |
Financials for Towercares Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $695,764 | $902,194 | -22.9% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $8,873 | $3,774 | 135.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $-1,392 | $-1,863 | 25.3% |
| Net income from gaming activities | $3,395 | $1,280 | 165.2% |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $567 | $618 | -8.3% |
| Total revenues | $707,207 | $906,003 | -21.9% |
Organizations like Towercares Foundation
| Organization | Type | Location | Revenue |
|---|
| Farrell Boy Foundation | 501(c)(3) | Manhasset, NY | $273,117 |
| Riverside County Office of Education Foundation | 501(c)(3) | Riverside, CA | $399,509 |
| Fergus Falls 544 Education Foundation | 501(c)(3) | Fergus Falls, MN | $232,434 |
| Hurley Foundation | 501(c)(3) | Flint, MI | $3,350,427 |
| Knute Nelson Foundation | 501(c)(3) | Alexandria, MN | $612,878 |
| Malouf Foundation | 501(c)(3) | Logan, UT | $1,476,011 |
| Engineers Charitable Trust | 501(c)(3) | Whitestone, NY | $383,866 |
| The Club Foundation | 501(c)(3) | Alexandria, VA | $1,163,107 |
| Illinois State Dental Society Foundation | 501(c)(3) | Springfield, IL | $298,160 |
| AIST Foundation | 501(c)(3) | Warrendale, PA | $2,348,024 |
Data update history
May 20, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 16, 2023
Updated personnel
Identified 2 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCharities
Issues
Education
Characteristics
MembershipsProvides grantsFundraising eventsProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 7901 Sandy Spring Rd 4th Floor
- Laurel, MD 20707
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- County
- Prince George's County, MD
- Website URL
- towercaresfoundation.org/Â
- Phone
- (301) 497-7041
IRS details
- EIN
- 47-4164006
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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