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TOWERBROOK FOUNDATION

NEW YORK, NY · EIN 743182897 · Form 990PF · FY2024 · NTEE T21 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$111K
expenses
$42K
net assets
$929K
employees
profile · synthesized from sources

TOWERBROOK FOUNDATION is a private foundation based in New York that supports charitable organizations through grants. It funds a range of initiatives including educational programs, housing for vulnerable communities, and leadership development for military veterans. The foundation primarily makes general operating and project-specific grants to nonprofit organizations in the U.S. and abroad.

named programs · 4 · from sources

What they call their work

Integrated Slum Area Project
Funds Habitat for Humanity Great Britain’s efforts to empower vulnerable communities through housing and community development
Lebanon Education Emergency Fund
Supports emergency education access for children affected by crisis in Lebanon
The Connect Fund
Supports social mobility and youth development initiatives through funding intermediaries such as Impetus – The Private Equity Foundation
Tillman Scholars Program
Provides scholarships and leadership development for military veterans pursuing higher education
activities · 6 groups

What they do

  • Charitable Grantmaking to Specific Causes 3 activities
    • Funding Resurgo Trust via a grant to Impetus - The Private Equity Foundation
      Funds Resurgo Trust through a grant to Impetus - The Private Equity Foundation, leveraging an intermediary to support youth employment and social mobility programs in the UK.
    • Funding Resurgo Trust via donor-advised grant through Charities Aid Foundation America
      Funds Resurgo Trust, which runs youth development programs including the Turnaround Programme, via a donor-advised grant recommendation to Charities Aid Foundation America.
    • Funding The Connect Fund via Impetus - The Private Equity Foundation
      Funds The Connect Fund through a grant to Impetus - The Private Equity Foundation, supporting initiatives likely focused on youth employment and social mobility as part of a broader intermediary funding strategy.
  • University-Specific Endowment and Program Funding 3 activities
    • Funding the Evan D. Goldman Family Scholarship Fund at the University of Michigan
      Funds the Evan D. Goldman Family Scholarship Fund at the University of Michigan, providing financial support to students at the university.
    • Funding the Friends of Swimming and Diving program at Colby College
      Funds the Friends of Swimming and Diving program at Colby College, supporting collegiate athletic activities and student-athlete development in swimming and diving.
    • Supporting a scholarship pledge at the University of Pennsylvania
      Supports a scholarship pledge at the University of Pennsylvania, contributing to financial aid and access for students at the institution.
  • Flexible Grants to Grassroots Organizations 2 activities
    • Funding Habitat for Humanity Great Britain's integrated slum improvement projects
      Funds Habitat for Humanity Great Britain to empower vulnerable communities through an integrated slum area project, focusing on housing and community development in informal settlements.
    • Providing general operating support to SEO London Ltd
      Supports SEO London Ltd with general operating grants to advance its mission of helping young people from underrepresented backgrounds access internships and careers in finance and business.
  • Financial Aid and Scholarship Access Programs 2 activities
    • Providing general operating support to Minds Matter National Inc
      Provides general operating support to Minds Matter National Inc, a nonprofit that supports first-generation college-bound students through mentoring and college readiness programming.
    • Providing general operating support to The Teak Fellowship
      Provides unrestricted general operating support to The Teak Fellowship, an organization that prepares underserved students for success in competitive colleges and careers.
  • Veteran Support Grantmaking 1 activity
    • Supporting the Tillman Scholars Program through a grant to the Pat Tillman Foundation
      Supports the Tillman Scholars Program, which provides scholarships and leadership development to military veterans and their spouses, through a grant to the Pat Tillman Foundation.
  • Uncategorized 1 activity
    • Supporting the Lebanon Education Emergency Fund via donor-advised grant through Charities Aid Foundation America
      Supports the Lebanon Education Emergency Fund through a donor-advised grant recommendation via Charities Aid Foundation America, aiming to provide educational access to vulnerable children affected by crisis in Lebanon.
financials · form 990PF · fy2024
revenue
Total revenue$111K
Contributions & grants$00%
Program service revenue
Investment income$52K46%
Other revenue$55K
expenses
Total expenses$42K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$760K
balance sheet
Total assets$1.03M
Cash
Investments
Liabilities
Net assets$929K
4 years on record · 2020–2024 · YoY revenue -56.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • FILIPPO CARDINI — DIRECTOR, SCRTRY, ASST. TREAS.
  • GORDON HOLMES — DIRECTOR
  • JENNIFER GLASSMAN — DIRECTOR, TREAS., ASST. SCRTRY
  • JONATHAN BILZIN — DIRECTOR
  • KARIM SADDI — DIRECTOR
  • NEAL MOSZKOWSKI — DIRECTOR, CHAIRPERSON
  • RAMEZ SOUSOU — DIR, CHAIR (THROUGH 6/2/24)
relationships · 10

Who they work with

  • CHARITIES AID FOUNDATION AMERICA Partner — Receives grant recommendations from TOWERBROOK FOUNDATION to support Resurgo Trust and the Lebanon Education Emergency Fund.
  • HABITAT FOR HUMANITY GREAT BRITAIN Partner — Receives funding from TOWERBROOK FOUNDATION for an integrated slum area project to empower vulnerable communities.
  • IMPETUS - THE PRIVATE EQUITY FOUNDATION Partner — Receives grants from TOWERBROOK FOUNDATION to support The Connect Fund and Resurgo Trust.
  • MINDS MATTER NATIONAL INC Partner — Receives general operating support from TOWERBROOK FOUNDATION.
  • PAT TILLMAN FOUNDATION Partner — Receives funding from TOWERBROOK FOUNDATION for the Tillman Scholars Program.
  • SEO LONDON LTD Partner — Receives general operating support from TOWERBROOK FOUNDATION.
  • THE PRESIDENT AND TRUSTEES OF COLBY COLLEGE Partner — Receives funding from TOWERBROOK FOUNDATION for the Friends of Swimming and Diving program.
  • THE TEAK FELLOWSHIP Partner — Receives general operating support from TOWERBROOK FOUNDATION.
  • THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA Partner — Receives scholarship pledge support from TOWERBROOK FOUNDATION.
  • THE UNIVERSITY OF MICHIGAN Partner — Receives funding from TOWERBROOK FOUNDATION for the Evan D. Goldman Family Scholarship Fund.