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.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2024 | 1 | $5.8M | $5.8M | 1 | 0 |
| 2023 | 1 | $4.2M | $4.2M | 0 | 1 |
| 2022 | 1 | $3.7M | $3.7M | 0 | 1 |
| 2021 | 2 | $4.2M | $2.1M | 0 | 2 |
| 2020 | 3 | $4.4M | $1.5M | 0 | 3 |
| 2019 | 3 | $4.2M | $1.4M | 2 | 1 |
| 2017 | 2 | $3.5M | $1.7M | 0 | 2 |
| 2016 | 2 | $5.0M | $2.5M | 2 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025 | $50,066,974 ↑ | $27,210,727 | $318,276,620 |
| 2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024 | $40,849,599 ↑ | $26,052,888 | $276,530,861 |
| 2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023 | $28,549,029 ↓ | $26,670,626 | $250,793,059 |
| 2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022 | $32,559,828 ↓ | $22,673,220 | $233,667,128 |
| 2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021 | $46,353,106 ↑ | $23,148,854 | $259,681,559 |
| 2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020 | $29,787,267 ↓ | $24,652,766 | $201,696,992 |
| 2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018 | $35,594,581 ↑ | $30,060,759 | $207,051,127 |
| 2016 990 - Public charity return Jul 1, 2016 to Jun 30, 2017 | $32,989,103 | $31,444,958 | $200,967,100 |
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