The Towers Foundation Inc
THE PURPOSES OF THE CORPORATION ARE TO PROVIDE RESOURCES TO THE NEW HAVEN JEWISH COMMUNITY COUNCIL HOUSING CORPORATION (DBA THE TOWERS AT TOWER LANE AND REFERRED TO IN THESE BYLAWS AS "THE TOWERS") IN SUPPORT OF THE TOWERS' MISSION AS SET FORTH IN ARTICLE 2 OF ITS CERTIFICATE OF INCORPORATION ON FILE IN THE OFFICE OF THE SECRETARY OF THE STATE OF CONNECTICUT. IN CARRYING OUT ITS PURPOSES, THE CORPORATION SHALL ACT EXCLUSIVELY AS A SUPPORTING ORGANIZATION, AS DESCRIBED IN SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), BY OPERATING FOR THE BENEFIT OF, PERFORMING FUNCTIONS OF, OR CARRYING OUT PURPOSES OF THE TOWERS.) FURTHER PROVIDED, IN THE EVENT OF ANY CONFLICT BETWEEN THE PURPOSES SET FORTH IN THESE BYLAWS AND THOSE SET FORTH IN ITS CERTIFICATE OF INCORPORATION, THE PROVISIONS OF THE CERTIFICATE OF INCORPORATION SHALL PREVAIL.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$2.7M
-5.7% YoY
Annual Giving
$731K
+405.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$731K
+405.8% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,715,578 | $2,880,342 | $3,122,597 |
| Revenue | $1,512,288 | $1,133,381 | $1,940,196 |
| Expenses | $1,805,163 | $1,449,754 | $1,094,041 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $51,520 | $32,812 | $16,396 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Towers Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CINDY LEFELL | IMMEDIATE PAST CHAIR | 1 | — |
| DR STEPHANIE JACOBSON | DIRECTOR | 1 | — |
| JAMIE ZUBOFF | VICE CHAIR | 1 | — |
| LINDA CEDARBAUM | BOARD CHAIR | 2 | — |
| LINDA RANDELL | SECRETARY | 1 | — |
| LORI BROCHIN | DIRECTOR | 1 | — |
| ROBERT COLE | DIRECTOR | 1 | — |
| ROBERT GITTLEMAN | TREASURER | 1 | — |
| GUSTAVE KEACH-LONGO | PRESIDENT & CEO | 5 | — |
| JOHN HEYDER | CFO | 5 | — |
| JENNIFER BARON BAYER | VICE PRESIDENT OF STRATEGIC INITIATIVES | 17.5 | — |
| JESSE WESCOTT | VICE PRESIDENT | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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