The Tower Family Foundation, a 501(c)(3) non-profit, announced the organization’s strong financial management and stewardship track record. In a report in accordance with the attestation standards established by the American Institute of Certified Public Accountants, independent, certified public accounting firm Vilhauer, Raml & Snyder P.C. calculated that the Tower Family Foundation’s administrative expenses for the year ending December 31, 2016 as a percentage of total revenue were 3.36 percent.
“On behalf of the Tower Family Foundation, we are excited that this report confirms that the Foundation has a first-class record of managing the donated funds entrusted to the organization,” said Board of Directors member Kari Carlson of Tower Systems, Inc. “This independent calculation places the Tower Family Foundation among an exclusive group of non-profit organizations in the United States that can boast of ultra-low administrative expenses and donating over 96 cents of every dollar to eligible benefactors,” added Carlson.
The Tower Family Foundation was created to help provide financial assistance to family members of a severely injured, permanently disabled, or deceased tower worker injured or killed in an accident stemming from working at heights on communication structures or other on-the-job related activities that tower workers are involved in. The Tower Family Foundation is governed by a dedicated group of volunteer Board of Directors and Advisory Committee Members. Since its inception in 2014, the organization has provided $325,000 to tower industry workers and their families.
Contributions to the Tower Family Foundation can be made via credit card or check. To learn more about the organization and to donate click here.
October 12, 2017
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