Towe Family Foundation Inc
- Assets
- $0.0
- Revenue
- $19.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 59-3509411
Organization Overview
Towe Family Foundation Inc is located in Jacksonville, FL. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Towe Family Foundation Inc 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 12/2021, Towe Family Foundation Inc generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Towe Family Foundation Inc has awarded 33 individual grants totaling $1,211,467. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neely P Towe Dir. & Pres. | 0 | $0 | |
Rolf H Towe Dir. Sec'y & Treas. | 0 | $0 | |
Anne T Egan Dir. & VP | 0 | $0 | |
Christopher W Towe Dir. & VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $105 |
| Dividends & Interest | $19,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,612 |
| Total operating and administrative expenses | $2,362 |
| Contributions, gifts, grants paid | $1,141,867 |
| Total expenses and disbursements | $1,144,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Towe Family Foundation Inc has awarded $1,141,867 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CONNECTICUT CHILDREN'S PURPOSE: CHILD HEALTH SERVICES | $1,000 |
CUMMER MUSEUM OF ART PURPOSE: SUPPORT OPERATIONS AND EVENTS | $1,250 |
GREENWICH CHAPLAINCY SERVICES PURPOSE: SENIOR CARE CENTERS IN GREENWICH | $1,000 |
MAYO CLINIC PURPOSE: HEALTHCARE | $1,000 |
MEDDYBEMPS LAKE LAND TRUST PURPOSE: ENVIROMENTAL PRESERVATION | $15,000 |
ST ANDREWS SCHOOL PURPOSE: EDUCATION | $500 |