Tower Foundation executive director Glenda Cadwallader, who has led the organization for 11 years, has resigned and will leave at the end of August to pursue other opportunities. When she was hired in 1998, the foundation had assets of $20 million, and Ms. Cadwallader served as the only employee. Today it has assets of almost $70 million and a staff of six. Its programs now award over $2.5 million in grants annually.

Tower Foundation founder Peter Tower said he and the trustees were sorry to see her leave; they plan to conduct a search for her replacement. The foundation was founded in 1990 with a mission to improve the lives of children and adolescents affected by mental illness, substance abuse, learning disabilities and developmental disabilities funding organizations in Erie and Niagara Counties in New York and in Barnstable, Dukes, Nantucket and Essex counties in Massachusetts.