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Ud John T Underwood Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1957. The principal officer is Bank Of America Na Ny8-114-07-07. It holds total assets of $1.4M. Annual income is reported at $252K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Ud John T Underwood Foundation has made 8 grants totaling $220K, with a median grant of $27K. Annual giving has grown from $51K in 2020 to $118K in 2022. Individual grants have ranged from $25K to $30K, with an average award of $28K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ud John T Underwood Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY.
Ud John T Underwood Foundation has distributed a total of $220K across 8 grants. The median grant size is $27K, with an average of $28K. Individual grants have ranged from $25K to $30K.
Ud John T Underwood Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ud John T Underwood Foundation is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $19K | $0 | $19K |
Total Giving
$80K
Total Assets
$1.3M
Fair Market Value
$1.4M
Net Worth
$1.3M
Grants Paid
$55K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$66K
Total: $1.3M
Total Grants
8
Total Giving
$220K
Average Grant
$28K
Median Grant
$27K
Unique Recipients
3
Most Common Grant
$26K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Girls Who Code IncUNRESTRICTED GENERAL | New York, NY | $30K | 2022 |
| Children Of Promise NycUNRESTRICTED GENERAL | Brooklyn, NY | $29K | 2022 |
| City HarvestUNRESTRICTED GENERAL | New York, NY | $26K | 2021 |