The Tower Foundation of San Jose State University
The Tower Foundation of San Jose State University reported $50.1 million in revenue and $27.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.84 went to program services, $5.16 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 64.3% of the total. The highest compensation it reported for one person was $1,481,789 (HEAD COACH, FOOTBALL). 11 people received more than $100,000 in reportable compensation. Revenue rose 68% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $27MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $50MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 64.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 9.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,481,789 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5.45% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 11 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 140.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe 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
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD COACH, FOOTBALL Highest compensated employee, 1.00 hrs/week | $1,114,159 | $293,839 | $73,791 | $1,481,789 |
| HEAD COACH, BASKETBALL Highest compensated employee, 1.00 hrs/week | $552,419 | $375,027 | $88,635 | $1,016,081 |
| FORMER HEAD COACH, FOOTBALL Former, 1.00 hrs/week | $686,041 | $132,072 | $13,845 | $831,958 |
| DIRECTOR OF ATHLETICS Highest compensated employee, 1.00 hrs/week | $214,455 | $299,940 | $105,148 | $619,543 |
| SJSU PRESIDENT Director/trustee, officer, 0.50 hrs/week | $0 | $485,578 | $116,752 | $602,330 |
| DIRECTOR Director/trustee, 0.50 hrs/week | $0 | $369,393 | $136,611 | $506,004 |
| ASSISTANT COACH, FOOTBALL Highest compensated employee, 0.50 hrs/week | $151,826 | $246,592 | $87,034 | $485,452 |
| DIRECTOR (UNTIL 1/2025) Director/trustee, 0.50 hrs/week | $0 | $315,682 | $80,515 | $396,197 |
11 people received more than $100,000 in reportable compensation from The Tower Foundation of San Jose State University (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5560
- Volunteers Part I, line 618
Private foundation grants it received
19 private foundations reported grants to The Tower Foundation of San Jose State University totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Tower Foundation of San Jose State University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Tower Foundation of San Jose State University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Tower Foundation of San Jose State University spent in FY2025, $94.84 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Rowland Hall-St Mark's SchoolSalt Lake City, UT · revenue $50M · programs 83.2% · FY2025
- American Charter Schools FoundationPhoenix, AZ · revenue $50M · programs 79.2% · FY2025
- The Head Royce SchoolOakland, CA · revenue $50M · programs 75.6% · FY2025
- Frontier Nursing UniversityVersailles, KY · revenue $50M · programs 79.7% · FY2025
- Mount Aloysius CollegeCresson, PA · revenue $50M · programs 79.4% · FY2025
Questions people ask
How much of The Tower Foundation of San Jose State University's spending goes to programs?
In the fiscal year ending June 30, 2025, The Tower Foundation of San Jose State University reported that 94.8% of its $27.2 million in expenses went to program services, 5.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Tower Foundation of San Jose State University pay its top executive?
The largest total compensation The Tower Foundation of San Jose State University reported for one person in the fiscal year ending June 30, 2025 was $1,481,789, for the role of HEAD COACH, FOOTBALL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Tower Foundation of San Jose State University get its money?
Of $50.1 million in revenue in the fiscal year ending June 30, 2025, 64.3% came from contributions and grants and 9.7% from program service revenue (Form 990, Part VIII).
Is The Tower Foundation of San Jose State University a registered charity?
The IRS lists EIN 83-0403915 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621349349301102 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501259349300415 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349306204 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341259349301024 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201269349302465 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101109349301740 · read the filing
All filings for EIN 83-0403915: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.