Private Foundation

THE UNDERWOOD FOUNDATION

THE UNDERWOOD FOUNDATION is a Private Foundation headquartered in HOUSTON, TX. Financial data from the 2024 filing: $1.3M revenue, $1.0M expenses, $17.0M total assets. IRS filings disclose 10 grants awarded by this foundation, totaling roughly $4.8M.

EIN: 760528032 HOUSTON, TX Latest filing: 2024

Total Revenue$1.3M

Total Expenses$1.0M

Total Assets$17.0M

Grants Given10

Grant Total$4.8M

Filing Years2020–2024

Sample Grants Given

EPISCOPAL HIGH SCHOOL

Bellaire, TX · 2024

Scholarship

$950,000

EPISCOPAL HIGH SCHOOL

Bellaire, TX · 2023

Scholarship

$550,000

FAITH ACADEMY BELLVILLE

BELLVILLE, TX · 2023

OPERATIONS AND EXPANSION PLAN

$250,000

American Leadership Forum

Houston, TX · 2023

Scholarship

$50,000

CROSSWALK CENTER

HOUSTON, TX · 2023

OPERATIONS AND EXPANSION PLAN

$25,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

PRESIDENT Catherine Underwood Murray

DIRECTOR David M Underwood Jr

DIRECTOR Duncan K Underwood

VP/SECR/DIR Lynda K Underwood

ASST SECR/TREAS M Patric Mascorro

Officer compensation and complete director data available with membership.

Top Grant Purposes

Scholarship

$2,475,000 6 grants

UNRESTRICTED DONATION

$2,000,000 2 grants

OPERATIONS AND EXPANSION PLAN

$275,000 2 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$1.3M	$1.0M	$17.0M
2023	$616K	$937K	$16.8M
2022	$681K	$1.0M	$17.1M
2021	$1.4M	$68K	$17.4M
2020	$430K	$79K	$16.1M

Between 2020 and 2024, reported annual revenue grew from $430K to $1.3M (+202%), with total assets most recently reported at $17.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, TX.

MATX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE UNDERWOOD FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports