|
|
FinancialsThe Tower Foundation directly manages all financial aspects of the university’s donations - focusing on what risks the endowment portfolio should accept, how returns can be enhanced, where expenses can be trimmed, and how donor reporting can be improved. The Tower Foundation is exempt from taxation under Section 501(c)(3) of the Internal Revenue Code. It is certified as an auxiliary in good standing with the California State University System. A firm of certified public accountants audits the Foundation’s financial records annually. |
Tower Foundation
|
