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Underwood Family Foundation is a private corporation based in AMES, IA. The foundation received its IRS ruling in 2005. The principal officer is Connie Underwood. It holds total assets of $14.8M. Annual income is reported at $1.1M. Total assets have grown from $2M in 2010 to $14.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Iowa and Minnesota. According to available records, Underwood Family Foundation has made 215 grants totaling $2.8M, with a median grant of $5K. Annual giving has grown from $587K in 2021 to $740K in 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 104 grants. Individual grants have ranged from $250 to $235K, with an average award of $13K. The foundation has supported 70 unique organizations. The foundation primarily supports organizations in Iowa, Pennsylvania, Minnesota, which account for 73% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$4K
Average Grant
$11K
Largest Grant
$229K
Based on 52 grants from the most recent 990-PF filing.
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.
Underwood Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 215 grants. Its grantmaking reaches organizations primarily in IA, PA, MN.
Underwood Family Foundation has distributed a total of $2.8M across 215 grants. The median grant size is $5K, with an average of $13K. Individual grants have ranged from $250 to $235K.
Underwood Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Underwood Family Foundation is headquartered in AMES, IA. While based in IA, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roger Underwood | DIRECTOR | $0 | $0 | N/A |
| Connie Underwood | DIRECTOR | $0 | $0 | N/A |
Total Giving
$772K
Total Assets
$14.4M
Fair Market Value
$14.5M
Net Worth
$14.4M
Grants Paid
$740K
Contributions
N/A
Net Investment Income
$722K
Distribution Amount
$688K
Total: $13.2M
Total Grants
215
Total Giving
$2.8M
Average Grant
$13K
Median Grant
$5K
Unique Recipients
70
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Philanthropic TrustOPERATIONAL | Jenkintown, PA | $235K | 2023 |
| YssOPERATIONAL | Ames, IA | $150K | 2023 |
| Ascention Luthern ChurchOPERATIONAL | Ames, IA | $52K | 2023 |
| Tke Eductional FoundationOPERATIONAL | Indianapolis, IN | $41K | 2023 |
| Bible Study FellowshipOPERATIONAL | San Antonio, TX | $16K | 2023 |
| Ames Christian SchoolOPERATIONAL | Ames, IA | $16K | 2023 |
| Western Washington Univ FoundationOPERATIONAL | Bellingham, WA | $15K | 2023 |
| The Bridge HomeOPERATIONAL | Ames, IA | $15K | 2023 |
| Calvary E Free ChurchOPERATIONAL | Walker, MN | $14K | 2023 |
| Kids Accross America FoundationOPERATIONAL | Branson, MO | $11K | 2023 |
| Obria Medical ClinicOPERATIONAL | Ames, IA | $11K | 2023 |
| Gilbert Iowa Fire AssociationOPERATIONAL | Gilbert, IA | $10K | 2023 |
| City Of WalkerOPERATIONAL | Walker, MN | $10K | 2023 |
| Iowa State University FoundationOPERATIONAL | Ames, IA | $8K | 2023 |
| Mission To North AmericaOPERATIONAL | Charlotte, NC | $7K | 2023 |
| Kanakuk MinistriesOPERATIONAL | Branson, MO | $7K | 2023 |
| Matthew 25 HouseOPERATIONAL | Ames, IA | $6K | 2023 |
| Walker Area Food ShelfOPERATIONAL | Walker, MN | $6K | 2023 |
| Alphaomnicron Pi FoundaitonOPERATIONAL | Brentwood, TN | $6K | 2023 |
| Mid-Iowa Community Action IncOPERATIONAL | Marshalltown, IA | $6K | 2023 |
| St Jude Children'S HospitalOPERATIONAL | Memphis, TN | $6K | 2023 |
| We Will Collective IncOPERATIONAL | Des Moines, IA | $6K | 2023 |
| Food At FirstOPERATIONAL | Ames, IA | $6K | 2023 |
| Walker Area Community CenterOPERATIONAL | Walker, MN | $6K | 2023 |
| Food Bank Of IowaOPERATIONAL | Des Moines, IA | $6K | 2023 |
| Whatcom Land TrustOPERATIONAL | Bellingham, WA | $5K | 2023 |
| Toris Angels FoundationOPERATIONAL | Panora, IA | $5K | 2023 |
| Ferndale Heritage SocietyOPERTATIONAL | Ferndale, WA | $5K | 2023 |
| Iowa Association Of Business & InduOPERATIONAL | Des Moines, IA | $4K | 2023 |
| Cass County Historical SocietyOPERATIONAL | Walker, MN | $3K | 2023 |
| Boy Scouts 157OPERATIONAL | Gilbert, IA | $3K | 2023 |
| Sublette County Historical SocietyOPERATIONAL | Pinedale, WY | $3K | 2023 |
| Mid-Iowa Council Boy Scouts Of AmeOPERATIONAL | Des Moines, IA | $3K | 2023 |
| Raising ReadersOPERATIONAL | Ames, IA | $3K | 2023 |
| Gilbert Community Historical SocietOPERATIONAL | Gilbert, IA | $3K | 2023 |
| Iowa State Fair Blue RibbonOPERATIONAL | Des Moines, IA | $3K | 2023 |
| Gilbert Education FoundationOPERATIONAL | Gilbert, IA | $3K | 2023 |
| The NavigatorsOPERATIONAL | Albert Lea, MN | $2K | 2023 |
| Samaritan'S PurseOPERATIONAL | Boone, NC | $2K | 2023 |
| InfaithOPERATIONAL | Exton, PA | $2K | 2023 |
| Good Neighbor Emergency AssistanceOPERATIONAL | Ames, IA | $2K | 2023 |
| AccessOPERATIONAL | Ames, IA | $2K | 2023 |
| Iowa Public RadioOPERATIONAL | Des Moines, IA | $2K | 2023 |
| Ringsted Legion AuxilaryOPERATIONAL | Ringsted, IA | $2K | 2023 |
| Friends Of Walker LibraryOPERATIONAL | Walker, MN | $2K | 2023 |
| Mary Greeley FoundationOPERATIONAL | Ames, IA | $2K | 2023 |
| CruOPERATIONAL | Orlando, FL | $2K | 2023 |
| Walker Fire DepartmentOPERATIONAL | Walker, MN | $2K | 2023 |
| Friendship ArkOPERATIONAL | Ames, IA | $2K | 2023 |
| Special OpympicsOPERATIONAL | Washington, DC | $1K | 2023 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA