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EIN 83-0403915

The Tower Foundation of San Jose State University

IRS 501(c) type
501(c)(3)
Num. employees
523
City
San Jose
State
California
Year formed
2004
Most recent tax filings
2024-06-01
NTEE code, primary
B80: Student Services and Organizations of Students
Description
The Tower Foundation of San Jose State University promotes and advances the objectives of San Jose State University through its mission to provide assistance to academic programs, libraries, classroom facilities, student scholarships, faculty, and athletics programs. Additionally, it encourages philanthropy among SJSU alumni and friends by providing high-quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.
Total revenues
$40,849,599
2024
Total expenses
$26,052,888
2024
Total assets
$330,738,995
2024
Num. employees
523
2024

Program areas at The Tower Foundation of San Jose State University

The Tower Foundation of San Jose State University is organized exclusively for educational purposes of promoting and advancing the objectives of San Jose State University. Primary purposes include providing assistance to academic programs, libraries, classrooms, laboratories, student scholarships, faculty fellowships and professorships, faculty research and community projects, and athletics programs.

Who funds The Tower Foundation of San Jose State University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Adobe FoundationTo Support the Sjsu$1,000,000
Sobrato Family Foundation (SFF)Silicon Valley K-16 Collaborative: Year 2$350,000
DAFgiving360Education$332,575
...and 58 more grants received totalling $4,535,608

Financials for The Tower Foundation of San Jose State University

RevenuesFYE 06/2024
Total grants, contributions, etc.$21,495,799
Program services$4,020,630
Investment income and dividends$5,493,600
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,321,625
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,517,945
Total revenues$40,849,599
Data update history
June 30, 2025
Posted financials
Added Form 990 for fiscal year 2024
June 30, 2025
Updated personnel
Identified 4 new personnel
June 29, 2025
Used new vendors
Identified 1 new vendor, including
April 20, 2025
Received grants
Identified 17 new grant, including a grant for $1,000,000 from Adobe Foundation
November 23, 2024
Received grants
Identified 11 new grant, including a grant for $182,000 from Koret Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
LobbyingOperates internationallyState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1 Washington Sq 300
San Jose, CA 95192
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
sjsu.edu/towerfoundation/ 
Phone
(408) 924-1765
IRS details
EIN
83-0403915
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
129911
FTB Entity ID
2669443
AB 488 data last updated ("as-of") date
2025-07-16
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