Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Underwood Family Foundation Inc. is a private corporation based in MEQUON, WI. The foundation received its IRS ruling in 2021. The principal officer is Daniel R Moriarty. It holds total assets of $2.6M. Annual income is reported at $4.4M. Total assets have grown from $752K in 2020 to $913K in 2023. The foundation is governed by 4 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 2020 to 2023. According to available records, Underwood Family Foundation Inc. has made 3 grants totaling $181K, with a median grant of $5K. Annual giving has decreased from $175K in 2021 to $500 in 2023. Individual grants have ranged from $500 to $175K, with an average award of $60K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Wisconsin. 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.
Underwood Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in WI.
Underwood Family Foundation Inc. has distributed a total of $181K across 3 grants. The median grant size is $5K, with an average of $60K. Individual grants have ranged from $500 to $175K.
Underwood Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Underwood Family Foundation Inc. is headquartered in MEQUON, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kayce Deshotels | DIRECTOR | $0 | $0 | N/A |
| B Gail Underwood | DIRECTOR | $0 | $0 | N/A |
| Gary Underwood | DIRECTOR | $0 | $0 | N/A |
| Linda Underwood | DIRECTOR | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$913K
Fair Market Value
$913K
Net Worth
$913K
Grants Paid
$500
Contributions
$20K
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
3
Total Giving
$181K
Average Grant
$60K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$175K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Manitowoc Lincoln High SchoolSUPPORT | Manitowoc, WI | $500 | 2023 |
| Coolest CoastSUPPORT | Manitowoc, WI | $5K | 2022 |
| Connection ChurchANNUAL CAMPAIGN. | Manitowoc, WI | $175K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI