NonprofitsThe Towers Foundation Inc

The Towers Foundation Inc

NEW HAVEN, CT

Total revenue

$1.1M

Total expenses

$1.4M

Net assets

$2.7M

Grants received

$1.0M

39 grants

EIN

061331831

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$470K
Program service revenue$448K
Investment income$33K
Other revenue$183K
Total revenue$1.1M

Expenses

Grants paid$145K
Salaries & benefits$311K
Fundraising$116K
Other expenses$994K
Total expenses$1.4M
Total assets$2.9M
Net assets$2.7M

People

21 listed

NameRoleCompensation

CINDY LEFFELL

OUTGOING IMMEDIATE PAST CHAIR

Board

1 hrs/wk

DONNA FEDUS

DIRECTOR

Board

1 hrs/wk

DR STEPHANIE JACOBSON

DIRECTOR

Board

1 hrs/wk

ELLEN IEAD

DIRECTOR

Board

1 hrs/wk

ERIK JOHNSON

OUTGOING DIRECTOR

Board

1 hrs/wk

GAYLE SLOSSBERG

OUTGOING DIRECTOR

Board

1 hrs/wk

INA SILVERMAN

DIRECTOR

Board

1 hrs/wk

JAMIE ZUBOFF

VICE CHAIR

Board

1 hrs/wk

LINDA CEDARBAUM

BOARD CHAIR

Board

2 hrs/wk

LINDA RANDELL

SECRETARY

Board

1 hrs/wk

LORI BROCHIN

TREASURER

Board

1 hrs/wk

MARC OLINS

DIRECTOR

Board

1 hrs/wk

RENEE DRELL

OUTGOING DIRECTOR

Board

1 hrs/wk

ROBERT COLE

DIRECTOR

Board

1 hrs/wk

ROBERT GITTLEMAN

DIRECTOR

Board

1 hrs/wk

ROBERT KATZ

DIRECTOR

Board

1 hrs/wk

SAMMY PARRY

DIRECTOR

Board

1 hrs/wk

GUSTAVE KEACH-LONGO

PRESIDENT & CEO

Board

5 hrs/wk

JOHN HEYDER

CFO

Board

5 hrs/wk

JENNIFER BARON BAYER

VICE PRESIDENT OF STRATEGIC INITIATIVES

Staff

17.5 hrs/wk

JESSE WESCOTT

VICE PRESIDENT

Staff

5 hrs/wk

Grants received

Showing 39 of 39

FromAmountPurposeYear
$51K
CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND
2024
$25K
GENERAL CHARITABLE PURPOSE
2024
$18K
2024 Ground Floor Renovation
2024
$500
TO CONTINUE ONGOING PROGRAMS AND SERVICES
2024
$250K
TO SUPPORT THE RENOVATION OF 328 UNITS OF AFFORDABLE INDEPENDENT HOUSING COMMUNITY WITH SUPPORT SERVICES FOR OLDER ADULTS.
2023
$123K
SOCIAL SERVICE
2023
$40K
RESEARCH
2023
$30K
CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND
2023
$25K
TO PROVIDE GENERAL OPERATING SUPPORT.
2023
$10K
THE TOWERS: PROACTIVE PARTNER
2023
$10K
TO SUPPORT THE SUBSIDY OF 34,765 MEALS FOR VERY LOW-INCOME OLDER ADULTS.
2023
$6K
For grant recipient's exempt purposes
2023
$5K
PROVIDE ADDITIONAL FUNDING
2023
$3K
GENERAL CHARITABLE PURPOSE
2023
$3K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2023
$100
TO CONTINUE ONGOING PROGRAMS AND SERVICES
2023
$32K
SOCIAL SERVICE
2022
$20K
CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND
2022
$5K
PROVIDE ADDITIONAL FUNDING
2022
$2K
GENERAL CHARITABLE PURPOSE
2022
$360
TO PROVIDE MEANINGFUL PROGRAMS TO SENIORS
2022
$100
TO CONTINUE ONGOING PROGRAMS AND SERVICES
2022
$23K
SOCIAL SERVICE
2021
$5K
GENERAL CHARITABLE PURPOSE
2021
$143K
CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND
2020
$18K
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2020
$10K
MEAL SUBSIDY FOR LOW INCOME MINORITY SENIORS
2020
$10K
FOOD SUBSIDY FOR LOW-INCOME AND MINORITY SENIORS DURING COVID 19
2020
$8K
For grant recipient's exempt purposes
2020
$100
OPERATIONAL SUPPORT
2020
$25K
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2019
$6K
For grant recipient's exempt purposes
2019

Funded by

$1.0M from 20 funders · 39 grants · 2018–2024

The Harry And Jeanette Weinberg

$250K · 1 grant · 2023

Jewish Foundation Of Greater New

$244K · 4 grants · 2020–2024

Agency On Aging Of South Central

$177K · 3 grants · 2021–2023

Jamieson Charitable Foundation

$75K · 1 grant · 2020

Yale University

$43K · 2 grants · 2019–2020

Raymond James Charitable Endowment Fund

$40K · 3 grants · 2021–2023

Brandeis University

$40K · 1 grant · 2023

Details

EIN061331831
Subsection03
Ruling date1993-01
Formed1969
Employees6
Volunteers474
THE TOWERS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo