What were the total funds raised by Tunnel to Towers in 2024?
Executive summary
Available sources do not state a single, explicit "total funds raised in 2024" for the Stephen Siller Tunnel to Towers Foundation. Reporting and organization materials confirm record participation in 2024 fundraising events (roughly 40,000 participants in the flagship 5K) and that the foundation delivered "over 200 mortgage-free homes" in 2024, but none of the provided documents give a definitive dollar total for funds raised in calendar year 2024 (not found in current reporting) [1] [2].
1. What the sources do say about 2024 scale and activity
The foundation’s public materials and event coverage point to a very active, record-breaking year. Running USA reports that Tunnel to Towers’ 2024 National Run, Walk & Climb Series “broke Foundation records for participation and money raised,” and notes roughly 40,000 participants in the 2024 New York 5K and more than 29,000 at events nationwide [1]. Local reporting on the 5K similarly highlights "40,000 runners and walkers" and says the event “has raised millions” historically, but it does not provide a 2024 dollar total [3].
2. Evidence of large programmatic outlays in 2024
The foundation’s Season of Hope page (published Jan. 14, 2025) describes a commitment to deliver “over 40 mortgage-free homes” by December 24 and says that brings the total to “over 200 mortgage-free homes for the year,” signaling substantial program spending in 2024 even if the exact fundraising total is not shown [2]. Charities-for-Vets’ summary of the foundation’s 2023 tax return reports a $272 million budget for 2023, which establishes the organization operates at large financial scale—however this is for 2023 and not a direct statement about 2024 funds raised [4].
3. Where reporting falls short: no single 2024 revenue number in provided files
None of the supplied items—news coverage of events, the Season of Hope page, third‑party charity profiles, or the 2023 audited financial statements excerpt—contain a clear, standalone figure labeled “total funds raised in 2024.” The Running USA piece and local coverage assert record money raised but do not publish the dollar amount; the foundation’s Season of Hope copy focuses on home deliveries rather than an annual revenue summary [1] [3] [2]. Therefore a definitive year‑end fundraising total is not present in the current reporting (not found in current reporting).
4. Documents that might contain the number but are not included here
Audited financial statements and IRS Form 990 filings typically report annual revenue and contributions, and a 2023 audited financial statement is in the provided set—but the PDF snippets given do not include a 2024 statement or an annual summary line for 2024 revenue [5]. ProPublica’s Nonprofit Explorer entry exists for the foundation but the snapshot referenced is older and the specific 2024 revenue is not quoted in these search results [6]. CharityWatch and Charity Navigator listings summarize program-spending ratios but do not list a 2024 gross fundraising total in the provided excerpts [7] [8].
5. How to get the precise 2024 number (recommended next steps)
To obtain a definitive funds‑raised figure for 2024, consult one or more of these primary sources: the foundation’s audited financial statements for year ending Dec. 31, 2024; the foundation’s 2024 IRS Form 990; or an official Tunnel to Towers 2024 annual report or press release that explicitly lists total contributions/revenue. Those documents are not in the supplied results; available sources do not mention the specific 2024 revenue number (not found in current reporting) [5] [6] [2].
6. Context and competing perspectives to weigh
Available coverage emphasizes program impact—mortgage‑free homes and record event participation—rather than disclosing a headline fundraising total, which can shape public perception by focusing on outputs rather than inputs [2] [1]. Charity evaluators cited (CharityWatch, Charity Navigator, Charities for Vets) emphasize high program-spending ratios (for earlier reporting years) and overall budget scale—these metrics are relevant to donors but do not substitute for a 2024 gross revenue figure [7] [8] [4]. Reporters and the foundation both highlight "millions" raised historically by the NYC 5K but do not quantify 2024 specifically [3] [1].
Limitations: This analysis uses only the documents you supplied. If you want a precise 2024 funds‑raised number, I can search for the Tunnel to Towers 2024 audited financials, the organization's 2024 Form 990, or any 2024 year‑end press release and report those exact figures if available.