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The Tower Foundation of SAN JOSE State University

Public charity990-T FY2023
DBA: State University
Other · SAN JOSE, CA · EIN 83-0403915

About

The Tower Foundation's mission is to encourage philanthropy amoung SJSU alumni and friends by providing high quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.

DBA State University

Donations are tax-deductible
Category
Other
Employees
601
Volunteers
22

Financial Snapshot

FY ending 2023-06-30
Revenue
$28.5M
Expenses
$26.7M
Assets
$300.1M
Liabilities
$49.3M

Financial history

$50.1M$25.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $28.5M · Peak FY2016: $50.1M · Avg: $34.5M

Foreign activity (Schedule F)

Total spent abroad$668K
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$3.9M
THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY
Your actions

Address

1 Washington SQ
SAN JOSE, CA, 95192-100

Governance

Voting board members24
Independent members22
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %18.9%
Permanent endowment %74.5%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.