The Underwood Foundation
Preselected recipients only
The Underwood Foundation is a private foundation in Houston, Texas. In tax year 2024 it gave $950,000 in 1 grant; the typical grant was $950,000 and the largest $950,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$950,000
- Number of grants1
- Typical grant$950,000
- Largest grant$950,000
- Assets$19.6 million
- New grantees0%
Giving in 2024 was up from $875,000 the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $875,000 | 4 | $18.6 million |
| 2024 | $950,000 | 1 | $19.6 million |
How to apply
The Underwood Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Underwood Foundation funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 1 | $950,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Episcopal High School | Scholarship | $950,000 |
Officers and trustees
- Catherine Underwood Murray
- Lynda K Underwood
- M Patric Mascorro
- David M Underwood Jr
- Duncan K Underwood
Questions people ask
Does The Underwood Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Underwood Foundation give?
$950,000 in tax year 2024, across 1 grant, with a typical grant of $950,000.
Who runs The Underwood Foundation?
Its 2024 filing lists Catherine Underwood Murray (President), Lynda K Underwood (Vp/Secr/Dir), M Patric Mascorro (Asst Secr/Treas) and David M Underwood Jr (Director) among 5 officers and trustees.
What does The Underwood Foundation fund?
Based on its grants, mainly education and faith communities.