Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut.
| Position | Total |
|---|---|
President Board President Above 90th percentile | $368k $398k |
Assistant Secretary Board Secretary Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $165k $178k |
Director Unclassified | $47k $50k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE TOW FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$26.2M
Itemized grants
213
Median grant
$50k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MEMORIAL SLOAN-KETTERING CANCER CENTER | NEW YORK, NY | THE INITIATIVE IN RADIOTHERANOSTICS | $1.6M |
| NEW YORK GENOME CENTER INC | NEW YORK, NY | THE CENTER OF EXCELLENCE IN WOMENS CLINICAL GENOMIC HEALTHCARE | $1.4M |
| NYS FOR THE RELIEF OF RUPTURED & CRIPPLED MAINTAINING THE HOSPITAL FOR SPEC | NEW YORK, NY | PRECISION MEDICINE AND TISSUE REGENERATION IN AUTOIMMUNE AND MUSCULOSKELETAL DISEASES | $1.2M |
| MEMORIAL SLOAN-KETTERING CANCER CENTER | NEW YORK, NY | THE TOW INITIATIVE IN COMPUTATIONAL IMMUNO-ONCOLOGY | $1.2M |
| LINCOLN CENTER FOR THE PERFORMING ARTS INC | NEW YORK, NY | WEST PROJECT CAPITAL CAMPAIGN | $1M |
| NORWALK HOSPITAL ASSOCIATION | NORWALK, CT | THE CLAIRE TOW INTENSIVE CARE UNIT | $600k |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | SOUTHEASTERN, PA | DONOR ADVISED FUND CONTRIBUTION | $600k |
| BARD COLLEGE | ANNANDALEONHUDSON, NY | THE LEONARD AND CLAIRE TOW CHAIR IN DEMOCRACY AND EDUCATION | $500k |
| BROOKLYN COLLEGE FOUNDATION INC | BROOKLYN, NY | TOW MENTORING INITIATIVE | $500k |
| COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK TRUSTEES OF | NEW YORK, NY | AI & JOURNALISM RESEARCH | $500k |
| COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK TRUSTEES OF | NEW YORK, NY | LEONARD TOW PROFESSORSHIP OF JOURNALISM | $500k |
| CONNECTICUT CHILDREN'S FOUNDATION INC | HARTFORD, CT | STRENGTHENING THE CONNECTIONS TO OPPORTUNITIES FOR PREVENTION ENGAGEMENT (SCOPE) | $500k |
| CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM CUNY FOUNDATION INC | NEW YORK, NY | TOW-KNIGHT CENTER | $500k |
| NEW YORK SHAKESPEARE FESTIVAL | NEW YORK, NY | THE PUBLIC THEATER'S CAPITAL CAMPAIGN | $500k |
| COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK TRUSTEES OF | NEW YORK, NY | ALS CENTER CHALLENGE GRANT | $400k |
| NORWALK HOSPITAL ASSOCIATION | NORWALK, CT | PULMONARY FELLOWSHIP PROGRAM | $400k |
| WGBH EDUCATIONAL FOUNDATION | BOSTON, MA | FRONTLINE COLUMBIA AND CUNY TOW FELLOWSHIPS & THE INVESTIGATIVE JOURNALIST EQUITY INITIATIVE | $390k |
| CATALYST CT | BRIDGEPORT, CT | AMPLIFYING RESIDENT VOICES PROJECT | $333k |
| RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK | NEW YORK, NY | TOW ADVOCACY FELLOWSHIP | $330k |
| YALE UNIVERSITY | NEW HAVEN, CT | TRANSITIONS CLINIC CT REFERRAL HUB | $320k |
| BROOKLYN COLLEGE FOUNDATION INC | BROOKLYN, NY | TANIA LEON CHAIR | $300k |
| MEMORIAL SLOAN-KETTERING CANCER CENTER | NEW YORK, NY | TOW DERMATOLOGY SKIN INFORMATICS PROGRAM | $300k |
| UNIVERSITY OF NEW HAVEN | WEST HAVEN, CT | TOW YOUTH JUSTICE INSTITUTE | $300k |
| CAMPAIGN FOR THE FAIR SENTENCING OF YOUTH | WASHINGTON, DC | GENERAL OPERATING SUPPORT | $250k |
| CIVIL RIGHTS CORPS | WASHINGTON, DC | GENERAL OPERATING SUPPORT | $250k |
Up 8%
from 2023
From $340k in 2023 to $368k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 8% from 2023 to 2024, while revenue rose 49%.
- Board Secretary pay rose 7% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE TOW FOUNDATION INC
What does the Board President of THE TOW FOUNDATION INC earn?
In 2024, the Board President of THE TOW FOUNDATION INC received $368,388 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at THE TOW FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2024 pay of the Board President at THE TOW FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at THE TOW FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE TOW FOUNDATION INC's revenue and expenses?
In 2024, THE TOW FOUNDATION INC reported $21.4M in total revenue and $31.7M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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