Is Peter & Elizabeth C Tower Foundation Tr…

Quick charity verification for Peter & Elizabeth C Tower Foundation Tr (EIN: 166350753)

Spending Breakdown

How Peter & Elizabeth C Tower Foundation Tr allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Peter & Elizabeth C Tower Foundation Tr

Is Peter & Elizabeth C Tower Foundation Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Peter & Elizabeth C Tower Foundation Tr (EIN: 166350753) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Peter & Elizabeth C Tower Foundation Tr a good charity to donate to?

Peter & Elizabeth C Tower Foundation Tr has a Mission Score of 90/100. Revenue: $27.0M. Assets: $121.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Peter & Elizabeth C Tower Foundation Tr?

The Employer Identification Number (EIN) for Peter & Elizabeth C Tower Foundation Tr is 166350753. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Peter & Elizabeth C Tower Foundation Tr spend its money?

Peter & Elizabeth C Tower Foundation Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Peter & Elizabeth C Tower Foundation Tr's tax-exempt status?

You can verify Peter & Elizabeth C Tower Foundation Tr's tax-exempt status using EIN 166350753 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Peter & Elizabeth C Tower Foundation Tr demonstrates a consistent commitment to its mission, primarily through grantmaking, as indicated by its NTEE code T20 (Foundations). The organization's financial health appears stable, with assets consistently over $100 million in recent years, reaching $123,162,764 in 2023. While revenue has fluctuated significantly, from a high of $82,824,647 in 2014 to $7,431,107 in 2023, the foundation maintains substantial assets to support its grantmaking activities. The foundation's expenses have generally been in the range of $9-12 million annually over the last five years, suggesting a predictable operational scale.

Spending efficiency is a key strength, as the foundation reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is highly unusual for an organization of this size. This suggests a very lean administrative structure or a reliance on volunteer leadership, which directly maximizes funds available for programmatic grants. The foundation's primary function as a grantmaking entity means its 'program' spending is largely its grants paid, which is inherently efficient.

Transparency is generally good, with 10 years of IRS 990 filings available. The consistent reporting of 0% officer compensation, while potentially a positive for efficiency, could also raise questions about how leadership is structured and compensated if at all, which might warrant further inquiry for complete transparency. However, the overall financial picture presented through the filings suggests a well-managed endowment focused on its philanthropic objectives.

Is Peter & Elizabeth C Tower Foundation Tr Legit?

Verdict: Peter & Elizabeth C Tower Foundation Tr appears trustworthy

Red Flags

Strengths