THE TOW FOUNDATION INC
Annual Giving
$26.2M+10% YoY
Grants
213
Median Grant
$50K
Organizations Funded
222
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Foundation Overview
Mission
The Tow Foundation envisions a society where all people have a voice in their community and the opportunity to enjoy a high quality of life; The foundation supports nonprofit organizations and visionary leaders to find and enact innovative solutions to persistent inequality, ensure people can become full participants in their communities, achieve transformative and lasting progress, and develop approaches that allow everyone to reach their full potential
Focus Areas
Grant Types
Funded Initiatives
$27MM in grants in 2024 across five impact areas; $50MM intended for current year; 2025 Innovation Fund offering $300,000 to $1 million grants over three years; $6.2 million grant to Hospital for Special Surgery for genomics research in autoimmune diseases
How to Apply
2025 Innovation Fund: Two-round application system. First round: brief application due May 23, 2025. Second round: selected applicants notified by June 30, 2025 and invited to submit detailed application. Grants range from $300,000 to $1 million over three years for up to 10 organizations improving youth mental health and well-being (ages 0-25). General operating support grants.
Based on publicly available information from the foundation's 990 filings and website.
Giving History
$26.2M
Grants
213
Median
$50K
States
12
$23.9M
Grants
222
Median
$50K
States
11
$20.9M
Grants
274
Median
$25K
States
18
Grant Size Distribution
$50K
Typical Grant (Median)
$300
Smallest
$25K
25th Pctile
$100K
75th Pctile
$1.6M
Largest
Excludes grants ≤ $5K. Half fall between $25K and $100K.
Largest Recent Grants
$1.6M
2024
MEMORIAL SLOAN-KETTERING CANCER CENTER
NY · THE INITIATIVE IN RADIOTHERANOSTICS
$1.4M
2024
NEW YORK GENOME CENTER INC
NY · THE CENTER OF EXCELLENCE IN WOMENS CLINICAL GENOMIC HEALTHCARE
$1.2M
2024
NYS FOR THE RELIEF OF RUPTURED & CRIPPLED MAINTAINING THE HOSPITAL FOR SPEC
NY · PRECISION MEDICINE AND TISSUE REGENERATION IN AUTOIMMUNE AND MUSCULOSKELETAL DISEASES
$1.2M
2024
MEMORIAL SLOAN-KETTERING CANCER CENTER
NY · THE TOW INITIATIVE IN COMPUTATIONAL IMMUNO-ONCOLOGY
$1.0M
2024
LINCOLN CENTER FOR THE PERFORMING ARTS INC
NY · WEST PROJECT CAPITAL CAMPAIGN
Geographic Focus
Top states by total grant dollars. Based on IRS filing data.
Financial Overview
Grants paid shown as percentage of total assets
Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.