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The Tower Foundation of San Jose State University
The Tower Foundation of San Jose State University
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About this organization
Mission
Part of the University Advancement Division, the Tower Foundation is SJSU's auxiliary organization dedicated solely to philanthropy. Tower assists with the development, investment, administration and banking of all SJSU philanthropic donations. The Foundation assesses a fee for these services. The Tower Foundation subscribes to the Donor Bill of Rights.
About
The Tower Foundation was established to encourage connections between alumni, donors and the community. The increasingly challenging funding environment requires San Jose State to augment public funding with private donations. Tower is dedicated to growing the university's endowment through donations, bequests and prudent investment management.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “The tower foundation's mission is to encourage philanthropy among sjsu alumni and friends by providing high quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.”.
When referring to its tasks, they were referred to as: “Assistance to academic programs & facilities, student scholarships, faculty, & athletics programs”.
- The non-profit's state of operation has been legally reported as CA.
- According to the latest filing, the non-profit's address in 2020 is ONE WASHINGTON SQUARE, SAN JOSE, CA, 951920183.
- The total number of employees reported by the non-profit on their form for 2020 is 517.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $995,074.
- The organization has 18 independent voting members.
- The organization was formed in 2004.
- The organization pays $6,800,327 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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