Nonprofit · EIN 83-0403915
THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY
Tax-exempt · SAN JOSE, CA 95192
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $50,066,974 | $27,210,727 | $22,856,247 | $364,329,702 | $46,053,082 | $318,276,620 |
| June 30, 2024 | 990 | $40,849,599 | $26,052,888 | $14,796,711 | $330,738,995 | $54,208,134 | $276,530,861 |
| June 30, 2023 | 990 | $28,549,029 | $26,670,626 | $1,878,403 | $300,067,577 | $49,274,518 | $250,793,059 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $32,195,881
- Program service revenue
- $4,843,735
- Investment income
- $11,515,173
- Net gain from sales of assets
- $5,470,346
- Other revenue
- $1,512,185
Expenses
- Grants and similar amounts paid
- $5,780,179
- Other salaries and wages
- $9,995,923
- Salaries, compensation and benefits (total)
- $13,028,126
- Professional fundraising fees
- $0
- Legal fees
- $20,392
- Accounting fees
- $510,825
- Occupancy
- $77,663
- Travel
- $443,583
- Depreciation
- $49,067
- Program services (functional)
- $25,807,766
- Management and general (functional)
- $1,402,961
Balance sheet and other
- Total assets, start of year
- $330,738,995
- Total assets, end of year
- $364,329,702
- Total liabilities, end of year
- $46,053,082
- Net assets, end of year
- $318,276,620
- Publicly traded securities
- $238,715,584
- Gross unrelated business income
- -$457,972
- Gross receipts
- $168,980,272
- Employees
- 560
- Volunteers
- 18
- Year formed
- 2004
- State of legal domicile
- CA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENNETH NIUMATALOLO | HEAD COACH, FOOTBALL Highest-paid employee | 1 | $1,114,159 | $293,839 | $73,791 |
| TIMOTHY MILES | HEAD COACH, BASKETBALL Highest-paid employee | 1 | $552,419 | $375,027 | $88,635 |
| BRENT BRENNAN | FORMER HEAD COACH, FOOTBALL Former | 1 | $686,041 | $132,072 | $13,845 |
| JEFFREY KONYA | DIRECTOR OF ATHLETICS Highest-paid employee | 1 | $214,455 | $299,940 | $105,148 |
| CYNTHIA TENIENTE-MATSON | SJSU PRESIDENT Trustee or director, Officer | 0.5 | $0 | $485,578 | $116,752 |
| VINCENT DEL CASINO | DIRECTOR Trustee or director | 0.5 | $0 | $369,393 | $136,611 |
| DERRICK ODUM | ASSISTANT COACH, FOOTBALL Highest-paid employee | 0.5 | $151,826 | $246,592 | $87,034 |
| CHARLIE FAAS | DIRECTOR (UNTIL 1/2025) Trustee or director | 0.5 | $0 | $315,682 | $80,515 |
| JUDY NAGAI | CEO Trustee or director, Officer | 30 | $0 | $280,435 | $95,321 |
| ROBIN REYNOLDS | COO/SECRETARY Officer | 40 | $0 | $245,035 | $80,029 |
| KARTHIKA SASIKUMAR | ACAD SENATE CHAIR Trustee or director | 0.5 | $0 | $141,782 | $69,670 |
| FOLARIN EROGBOGBO | FACULTY REPRESENTATIVE Trustee or director | 0.5 | $0 | $135,345 | $72,652 |
| PATRICIA GAGLIA | EXEC DIRECTOR FOR CORP AND FOUNDATION RELATIONS Highest-paid employee | 40 | $172,608 | $0 | $30,287 |
| BILL BARTON | DIRECTOR (UNTIL 3/2025) Trustee or director | 0.5 | $0 | $0 | $0 |
| COLLEEN WILCOX | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CONSTANCE MOORE | VICE CHAIR (UNTIL 11/2024) Trustee or director, Officer | 0.5 | $0 |
| EDWARD OATES | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC KELLY | DIRECTOR Trustee or director | 0.5 | $0 |
| ERICA LOCKHEIMER | DIRECTOR (AS OF 12/2024) Trustee or director | 0.5 | $0 |
| GARY RADINE | DIRECTOR Trustee or director | 0.5 | $0 |
| JANIKKE KLEM | ALUMNI APPOINTEE Trustee or director | 0.5 | $0 |
| JEFF RICCI | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN W BAIRD | DIRECTOR Trustee or director | 0.5 | $0 |
| KEVIN SWANSON | ATHLETIC DIRECTORS COUNCIL Trustee or director | 0.5 | $0 |
| LINDA MORASCH | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK LAZZARINI | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK PASQUALE | DIRECTOR Trustee or director | 0.5 | $0 |
| MARKO TRAPANI | DIRECTOR Trustee or director | 0.5 | $0 |
| PHIL BOYCE | CHAIR Trustee or director, Officer | 0.5 | $0 |
| SANDY SWANSON | ATHLETIC DIRECTORS COUNCIL Trustee or director | 0.5 | $0 |
| SARAB MULTANI | STUDENT BODY REP Trustee or director | 0.5 | $0 |
| SCOTT LEFAVER | DIRECTOR (AS OF 12/2024) Trustee or director | 0.5 | $0 |
| STEVE CAPLAN | DIRECTOR Trustee or director | 0.5 | $0 |
| WANDA HENDRIX | TREASURER Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 34 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Brent Brennan | Head Coach, Football (until 1/16/24) Highest-paid employee | 1 | $1,372,900 | $344,385 | $94,629 |
| Timothy Miles | Head Coach, Men's Basketball Highest-paid employee | 1 | $478,933 | $343,796 | $82,786 |
| Cynthia Teniente-Matson | SJSU President Trustee or director, Officer | 0.5 | $0 | $426,454 | $116,611 |
| Jeffrey Konya | Director of Athletics Highest-paid employee | 1 | $163,455 | $274,564 | $100,172 |
| Lisa Millora | Former CEO Former | 0 | $6,000 | $385,011 | $60,830 |
| Derrick Odum | Assistant Coach, Football Highest-paid employee | 0.5 | $136,636 | $226,173 | $82,786 |
| Kevin McGiven | Assistant Coach, Football Highest-paid employee | 0.5 | $151,588 | $219,273 | $51,817 |
| Vincent Del Casino | Director Trustee or director | 0.5 | $0 | $361,511 | $35,903 |
| Charlie Faas | Director Trustee or director | 0.5 | $0 | $287,306 | $62,217 |
| Robin Reynolds | COO/Secretary Officer | 40 | $0 | $218,394 | $54,303 |
| Karthika Sasikumar | Faculty Senate Chair Trustee or director | 0.5 | $0 | $129,906 | $65,783 |
| Folarin Erogbogbo | Faculty At-Large Rep Trustee or director | 0.5 | $11,392 | $76,397 | $80,195 |
| Judy Nagai | CEO Trustee or director, Officer | 30 | $0 | $88,335 | $24,895 |
| Tom McCarron | Interim VPUA & CEO (until 12/31/23) Trustee or director, Officer | 30 | $0 | $74,093 | $0 |
| Phil Boyce | Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Connie Moore | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Wanda Hendrix | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| John W Baird | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| William E Barton | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Steve Caplan | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Dana C Ditmore | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Eric Kelly | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Janikke Klem | Alumni Appointee Trustee or director | 0.5 | $0 | $0 | $0 |
| Mark Lazzarini | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Linda Morasch | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Sarab Multani | Student Body Rep Trustee or director | 0.5 | $0 | $0 | $0 |
| Edward Oates | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Gary Radine | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Jeff Ricci | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Kevin Swanson | Athletic Directors Council Trustee or director | 0.5 | $0 | $0 | $0 |
| Sandy Swanson | Athletic Directors Council Trustee or director | 0.5 | $0 | $0 | $0 |
| Marko Trapani | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Peter V Ueberroth | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Colleen B Wilcox | Director Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 36 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Brent Brennan | Head Coach, Football Highest-paid employee | 1 | $1,296,000 | $336,961 | $124,787 |
| Timothy Miles | Head Coach, Men's Basketba Highest-paid employee | 1 | $388,758 | $336,539 | $71,213 |
| Jeffrey Konya | Director of Athletics Highest-paid employee | 1 | $396,455 | $268,320 | $87,982 |
| Steve Perez | President (until 1/15/23) Trustee or director, Officer | 0.5 | $0 | $402,261 | $120,164 |
| Kevin McGiven | Assistant Coach, Football Highest-paid employee | 0.5 | $149,088 | $216,671 | $72,003 |
| Derrick Odum | Assistant Coach, Football Highest-paid employee | 0.5 | $134,136 | $223,305 | $71,914 |
| Lisa Millora | CEO (until 6/14/23) Trustee or director, Officer | 30 | $0 | $294,402 | $69,906 |
| Daniele LeCesne | COO/Secretary (until 9/30/22) Officer | 40 | $0 | $215,356 | $74,664 |
| Alison McKee | Academic Senate Chair Trustee or director | 0.5 | $0 | $129,363 | $54,703 |
| Virginia Lehmkul Dakhwe | Staff/Faculty Rep Trustee or director | 0.5 | $0 | $104,458 | $64,944 |
| Marie Tuite | Former Athletic Director Former | 0 | $102,500 | $0 | $0 |
| Robin Reynolds | COO/Secretary Officer | 40 | $0 | $21,708 | $7,061 |
| Tom McCarron | CEO Trustee or director, Officer | 30 | $0 | $0 | $0 |
| Cynthia Teniente-Matson | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Jeff Ricci | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Eric Kelly | Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Phil Boyce | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Chrissy Chang | Alumni Board President Trustee or director | 0.5 | $0 | $0 | $0 |
| Connie Moore | Founding/Immediate Past Chair Trustee or director | 0.5 | $0 | $0 | $0 |
| Irvin Wong | Student Rep Trustee or director | 0.5 | $0 | $0 | $0 |
| Kevin Swanson | Athletic Directors Council Trustee or director | 0.5 | $0 | $0 | $0 |
| Sandy Swanson | Athletic Directors Council Trustee or director | 0.5 | $0 | $0 | $0 |
| Colleen B Wilcox | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Dana C Ditmore | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Edward Oates | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Gary Radine | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Gary J Sbona | Director (until 12/31/22) Trustee or director | 0.5 | $0 | $0 | $0 |
| Joe Pinto | Director (until 9/16/22) Trustee or director | 0.5 | $0 | $0 | $0 |
| John W Baird | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Les Francis | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Marko Trapani | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Peter V Ueberroth | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Richard Conniff | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Steve Caplan | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Wanda Hendrix | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| William E Barton | Director Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 WASHINGTON SQ, SAN JOSE, CA 95192-1000
- Principal officer (990 for 2024)
- PHIL BOYCE, ONE WASHINGTON SQUARE 300, SAN JOSE, CA 951920183
- Signed the 990
- ROBIN REYNOLDS, COO
- Phone
- (408) 924-1765
- Website
- WWW.SJSU.EDU/TOWERFOUNDATION
- Return prepared by
- COHNREZNICK ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 83-0403915 or by the name THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE TOWER FOUNDATION'S MISSION IS TO ENCOURAGE PHILANTHROPY AMONG SJSU ALUMNI AND FRIENDS BY PROVIDING HIGH-QUALITY, RELIABLE, AND RESPONSIVE CHARITABLE GIVING SERVICES, DONOR STEWARDSHIP, AND ACCURATE ACCOUNTING FOR ALL GIFTS.
Program accomplishments
- THE 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.Expenses $25,807,766 · grants $5,780,179 · revenue $6,114,532
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-0403915
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $364,329,702
- Income (IRS master file)
- $168,980,272
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $50,066,974 | $27,210,727 | $364,329,702 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $40,849,599 | $26,052,888 | $330,738,995 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $28,549,029 | $26,670,626 | $300,067,577 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $32,559,828 | $22,673,220 | $280,294,745 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990 | June 2017 | – | – | – | 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 83-0403915).
Questions about THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY
- What is the EIN of THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY?
- The employer identification number (EIN) of THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY is 83-0403915.
- Is THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY?
- The 990 for the year ended June 30, 2025 names PHIL BOYCE.
- Who are the officers and directors of THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 34 people; 6 received compensation from the organization, the highest $1,114,159 (KENNETH NIUMATALOLO, HEAD COACH, FOOTBALL).
- How much revenue does THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $50,066,974, expenses of $27,210,727 and total assets of $364,329,702 at year end.
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