Public Charity

THE TOWERS FOUNDATION INC

THE TOWERS FOUNDATION INC is a Public Charity headquartered in NEW HAVEN, CT. Financial data from the 2025 filing: $1.5M revenue, $1.8M expenses, $2.7M total assets. 25 publicly reported grants to this organization, totaling roughly $744K, appear in IRS filings.

EIN: 061331831 NEW HAVEN, CT Latest filing: 2025
Total Revenue$1.5M
Total Expenses$1.8M
Total Assets$2.7M
Grant Records25
Funding Total$744K
Filing Years2020–2025

Mission

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.

Officers & Directors

IMMEDIATE PAST CHAIR Cindy Lefell
DIRECTOR Dr Stephanie Jacobson
PRESIDENT & CEO Gustave Keach-Longo
VICE CHAIR Jamie Zuboff
VICE PRESIDENT OF STRATEGIC INITIATIVES Jennifer Baron Bayer
VICE PRESIDENT Jesse Wescott

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND
$257,314 5 grants
SOCIAL SERVICE
$177,000 3 grants
CHARITABLE DISTRIBUTION FROM DONOR ADVISED FUND & GRANT FROM UNRESTRICTED FUNDS
$84,950 1 grant
GENERAL SUPPORT
$50,400 4 grants
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
$42,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.5M $1.8M $2.7M
2024 $1.1M $1.4M $2.9M
2023 $1.9M $1.1M $3.1M
2021 $868K $825K $1.9M
2020 $957K $704K $1.7M

Between 2020 and 2025, reported annual revenue grew from $957K to $1.5M (+58%), with total assets most recently reported at $2.7M.

Interactive year-over-year charts and full filing details available with membership.

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