Nonprofit · EIN 06-6484045
THE TOW FOUNDATION INC
Also known as EMILY TOW JACKSON
Tax-exempt · NEW CANAAN, CT 06840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $56,551,428 | $53,686,982 | $2,864,446 | $314,304,191 | $62,918 | $314,241,273 |
| December 31, 2024 | 990-PF | $21,380,965 | $31,686,056 | -$10,305,091 | $311,444,666 | $67,839 | $311,376,827 |
| December 31, 2023 | 990-PF | $14,366,606 | $31,079,753 | -$16,713,147 | $321,757,604 | $75,686 | $321,681,918 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $413,255
- Dividends
- $2,995,613
- Interest
- $6,231,643
- Net gain from sales of assets
- $5,150,494
- Other income
- $41,760,423
Expenses
- Grants and similar amounts paid
- $46,839,114
- Compensation of officers, directors and key employees
- $710,016
- Salaries, compensation and benefits (total)
- $1,537,386
- Disbursements for charitable purposes
- $51,116,225
- Excise tax on investment income
- $201,652
Balance sheet and other
- Total assets, start of year
- $311,444,666
- Total assets, end of year
- $314,304,191
- Total liabilities, end of year
- $62,918
- Net assets, end of year
- $314,241,273
- Fair market value of assets
- $415,853,320
- Qualifying distributions
- $51,116,225
- Net investment income
- $16,842,060
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EMILY TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | PRESIDENT/ VICE CHAIR | 40 | $395,386 | $63,220 |
| MEGHAN LOWNEY C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | VP OF STRATEGY & IMP Highest-paid employee | 40 | $233,015 | $31,511 |
| SUSAN RANSDEN C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | ASSISTANT SECRETARY | 40 | $187,276 | $64,135 |
| DIANE SIERPINA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | PROGRAM DIRECTOR Highest-paid employee | 40 | $186,626 | $18,544 |
| NADIA ALIA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | VP OF OPERATIONS Highest-paid employee | 40 | $185,053 | $39,626 |
| EILEEN C WISEMAN C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | PROGRAM DIRECTOR Highest-paid employee | 40 | $185,000 | $10,191 |
| KATHRYN LOCKHART C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | EXEC ASSISTANT TO TH Highest-paid employee | 40 | $126,000 | $588 |
| AMY LEFKOF C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | SECRETARY | 3 | $0 | $0 |
| ANDREW TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | VICE CHAIR | 2 | $0 | $0 |
| BENJAMIN JACKSON C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| DAVID TOBIAS C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | ASSISTANT TREASURER | 3 | $0 | $0 |
| FRANK TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | CHAIR | 5 | $0 | $0 |
| HOPE JACKSON C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| LEONARD TOW DECEASED C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | CHAIRMAN | 5 | $0 | $0 |
| MOLLY TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OLIVIA TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 |
| SCOTT SCHNEIDER C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | TREASURER | 5 | $0 |
| TERESA LAW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EMILY TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | PRESIDENT | 40 | $368,388 | $50,984 |
| MEGHAN LOWNEY C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | VP OF STRATEGY & IMP Highest-paid employee | 40 | $221,626 | $16,527 |
| DIANE SIERPINA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | PROGRAM DIRECTOR Highest-paid employee | 40 | $177,952 | $16,330 |
| SUSAN RANSDEN C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | ASSISTANT SECRETARY | 40 | $165,139 | $55,440 |
| EILEEN C WISEMAN C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | PROGRAM DIRECTOR Highest-paid employee | 40 | $165,000 | $9,109 |
| NADIA ALIA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | DIR. OF OPERATIONS Highest-paid employee | 40 | $164,756 | $29,990 |
| DIANA ECHEVARRIA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | SR. PROGRAM OFFICER Highest-paid employee | 40 | $128,298 | $56,190 |
| BENJAMIN JACKSON C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $46,619 | $0 |
| AMY LEFKOF C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | SECRETARY | 3 | $0 | $0 |
| ANDREW TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | VICE PRESIDENT | 2 | $0 | $0 |
| DAVID TOBIAS C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | ASSISTANT TREASURER | 3 | $0 | $0 |
| FRANK TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | VICE PRESIDENT | 2 | $0 | $0 |
| HOPE JACKSON C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| LEONARD TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | CHAIRMAN | 5 | $0 | $0 |
| MOLLY TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| OLIVIA TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| SCOTT SCHNEIDER C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | TREASURER | 5 | $0 | $0 |
| TERESA LAW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EMILY TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | PRESIDENT | 40 | $339,837 | $59,723 |
| DIANE SIERPINA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | PROGRAM DIRECTOR Highest-paid employee | 40 | $170,034 | $14,761 |
| EILEEN C WISEMAN C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | PROGRAM DIRECTOR Highest-paid employee | 40 | $154,300 | $7,615 |
| SUSAN RANSDEN C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | ASSISTANT SECRETARY | 40 | $154,067 | $57,421 |
| NADIA ALIA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | DIR. OF OPERATIONS Highest-paid employee | 40 | $153,792 | $28,891 |
| DIANA ECHEVARRIA C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | SR. PROGRAM OFFICER Highest-paid employee | 40 | $123,860 | $68,708 |
| MAGDALENA CWINTAL C/O THE TOW FOUNDATION 50 LOCUST, AVE, NEW CANAAN, CT 06840 | FINANCE MANAGER Highest-paid employee | 40 | $93,584 | $12,490 |
| AMY LEFKOF C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | SECRETARY | 3 | $0 | $0 |
| ANDREW TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | VICE PRESIDENT | 2 | $0 | $0 |
| DAVID TOBIAS C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | ASSISTANT TREASURER | 3 | $0 | $0 |
| FRANK TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | VICE PRESIDENT | 2 | $0 | $0 |
| HOPE JACKSON C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| LEONARD TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | CHAIRMAN | 5 | $0 | $0 |
| MOLLY TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| OLIVIA TOW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
| SCOTT SCHNEIDER C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | TREASURER | 5 | $0 | $0 |
| TERESA LAW C/O THE TOW FOUNDATION 50 LOCUST, AVENUE, NEW CANAAN, CT 06840 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 50 LOCUST AVE STE 1, NEW CANAAN, CT 06840-4737
- In care of
- % CITIZENS COMMUNICATIONS
- Signed the 990-PF
- EMILY TOW, PRESIDENT
- Phone
- (203) 761-6604
- Website
- WWW.TOWFOUNDATION.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 06-6484045
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $314,304,191
- Income (IRS master file)
- $174,890,337
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $56,551,428 | $53,686,982 | $314,304,191 | XML |
| 990-PF | December 2024 | $21,380,965 | $31,686,056 | $311,444,666 | XML |
| 990-PF | December 2023 | $14,366,606 | $31,079,753 | $321,757,604 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6484045).
Questions about THE TOW FOUNDATION INC
- What is the EIN of THE TOW FOUNDATION INC?
- The employer identification number (EIN) of THE TOW FOUNDATION INC is 06-6484045.
- Is THE TOW FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to THE TOW FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE TOW FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE TOW FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE TOW FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THE TOW FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 18 people; 7 received compensation from the organization, the highest $395,386 (EMILY TOW, PRESIDENT/ VICE CHAIR).
- How much revenue does THE TOW FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $56,551,428, expenses of $53,686,982 and total assets of $314,304,191 at year end.
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