NonprofitsTowercares Foundation Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Towercares Foundation Inc

LAUREL, MD

Total revenue

$777K

Total expenses

$772K

Net assets

$1.1M

Grants received

EIN

474164006

Tax year

2024

Mission

Support children in need as well as heroic individuals and their families.

Programs

2 programs

Towercares scholarship program:provided thirty $5,000 scholarships to students pursuing stem studies as their college major to support our mission to assist children in need. $9,607 admin fees.

Expenses: $160KGrants: $150K

Angel program:provided seventeen $500 holiday financial assistance grants to enlisted service members and military families in need at fort meade.

Expenses: $9KGrants: $9K

Financials

FY 2024

Revenue

Contributions & grants$767K
Program service revenue
Investment income$9K
Other revenue$719
Total revenue$777K

Expenses

Grants paid$737K
Salaries & benefits
Fundraising
Other expenses$35K
Total expenses$772K
Total assets$1.1M
Net assets$1.1M

People

9 listed

NameRoleCompensation

RICHARD STAFFORD

PRESIDENT

Board

1 hrs/wk

R ALLEN BRISENTINE

CHAIR

Board

1 hrs/wk

TOM POE

TREASURER

Board

1 hrs/wk

ALVIN SMITH

SECRETARY

Board

0.3 hrs/wk

CMSGT KATHRYN BIRGE

DIRECTOR

Board

0.3 hrs/wk

MARTIN BRELAND

DIRECTOR

Board

0.3 hrs/wk

MONTE DZURENKO

DIRECTOR

Board

0.3 hrs/wk

MARIE E ROWLAND LEFT B4 YE

DIRECTOR

Board

0.3 hrs/wk

ARLAND WHITE

DIRECTOR

Board

0.3 hrs/wk

Details

EIN474164006
NTEE codeT70
Subsection03
Ruling date2015-09
Formed2015
Employees0
Volunteers9
TOWERCARES FOUNDATION INC — Mission, Financials & Grants Received | Grantivo