The Tower Grove Park Foundation

Organization Overview

The Tower Grove Park Foundation is located in Saint Louis, MO. The organization was established in 1986. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tower Grove Park Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Tower Grove Park Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.8% each year . All expenses for the organization totaled $2.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MANAGE INVESTMENT AND DISBURSEMENT OF ENDOWMENT FUNDS ON BEHALF OF TOWER GROVE PARK

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MANAGES INVESTMENT AND DISBURSEMENT OF ENDOWMENT FUNDS ON BEHALF OF TOWER GROVE PARK, A QUASI-GOVERNMENTAL ENTITY, WHICH IS AFFILIATED WITH THE CITY OF ST. LOUIS, MISSOURI


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Board, Officers & Key Employees

Name (title)Compensation
John Potashnick
Secretary
$0
Robert S Holmes Jr
President
$0
John J O'brien
Treasurer
$0
Steve Kidwell
Director
$0
Emily Martin
Director
$0
Robert Epperson
Former Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,373,321
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,373,321
Total Program Service Revenue$0
Investment income $252,242
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $176,427
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,801,990

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Tower Grove Park Foundation has recieved totaling $46,400.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$38,400
St Louis Community Foundation Incorporated

St Louis, MO

PURPOSE: ENVIRONMENT

$8,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,951,534
Earnings$860,769
Admin Expense$8,676
Other Expense$58,992
Ending Balance$3,744,635

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