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Filing year 2024

TOWER FAMILY FUND INC

Buffalo, New York·EIN 20-5848514·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.4M
Total assets
$40.7M
Total expenses
$8.9M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Atty Director
Unclassified
$77k
$83k

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 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TOWER FAMILY FUND INC equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.9%
Sector median
15%
Middle half of sector
5% to 24%

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

$8M

Itemized grants

108

Median grant

$25k

RecipientLocationPurposeAmount
MARTHA'S VINEYARD HOSPITALOAK BLUFFS, MAWORKFORCE HOUSING GRANT$1M
HARBORLIGHT HOMESBEVERLY, MAHOUSING GRANT$1M
NAVIGATOR HOMESVINEYARD HAVEN, MASENIOR HOUSING$1M
POWER OF PLACE LEARNING COMMUNITIES INCBURLINGTON, MALEARNING COMMUNITY PROJECT GRANT$811k
SAWYER LIBRARY FOUNDATIONGLOUCESTER, MANEW BUILDING FUND$300k
CHILMARK PRESCHOOLCHILMARK, MACONSTRUCTION FUNDING$250k
BURCHFIELD-PENNEY ART CENTERBUFFALO, NYGRANT AGREEMENT$125k
YMCA OF MARTHA'S VINEYARDVINEYARD HAVEN, MAGENERAL SUPPORT$105k
ARTPARK & COMPANYLEWISTON, NYARTPARK BRIDGES PROGRAM & GENERAL SUPPORT$100k
BUFFALO PHILHARMONIC ORCHESTRABUFFALO, NYGENERAL SUPPORT$100k
BURCHFIELD-PENNEY ART CENTERBUFFALO, NYGENERAL SUPPORT$100k
COMMUNITY FOUNDATION FOR GREATER BUFFALOBUFFALO, NYGENERAL SUPPORT$100k
CONSERVATION LAW FOUNDATIONBOSTON, MAGENERAL SUPPORT$100k
ESSEX COUNTY COMMUNITY FOUNDATIONDANVERS, MAGENERAL SUPPORT$100k
GLOUCESTER MARINE GENOMICS INSTITUTEGLOUCESTER, MAGENERAL SUPPORT, SUPPORT FOR DIRECTOR OF COMMUNICATIONS$100k
GLOUCESTER MARINE GENOMICS INSTITUTEGLOUCESTER, MAGENERAL SUPPORT$100k
ISLAND GROWN INITIATIVEVINEYARD HAVEN, MAGENERAL SUPPORT, FOOD PANTRY$100k
MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL - MENTAL HEALTH INNOVATION CENTERWASHINGTON, DCGENERAL SUPPORT$100k
NEW PROFIT INCBOSTON, MAGENERAL SUPPORT$100k
PATHWAYS FOR CHILDRENGLOUCESTER, MAGENERAL SUPPORT$100k
ROCKPORT MUSIC INCROCKPORT, MAGENERAL SUPPORT$100k
KENAN CENTERLOCKPORT, NYGENERAL SUPPORT$100k
MARTHA'S VINEYARD COMMUNITY SERVICES INCVINEYARD HAVEN, MAHEALTHY AGING MV$75k
WALNUT HILL SCHOOL OF THE ARTSNATICK, MAGENERAL SUPPORT$75k
FEEDMORE WNYBUFFALO, NYGENERAL SUPPORT$70k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), 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.

FAQ

Common questions about TOWER FAMILY FUND INC

What are TOWER FAMILY FUND INC's revenue and expenses?

In 2024, TOWER FAMILY FUND INC reported $5.4M in total revenue and $8.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.