The Texas State Capitol

Form 990-PFTax year 2024EIN 76-0528032

The Underwood Foundation

A private foundation in Houston, TX. Its return for tax year 2024 lists 1 grant and $950,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $950,000

    Grants listed
    1
    Assets, end of year
    $17,038,313
  • Tax year 2023

    $875,000

    Grants listed
    4
    Assets, end of year
    $16,754,572
  • Tax year 2022

    $925,000

    Grants listed
    3
    Assets, end of year
    $17,084,964
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $17,421,706
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $16,129,518
  • Tax year 2019

    $0

    Grants listed
    0
    Assets, end of year
    $15,134,401
  • Tax year 2018

    $1,000,000

    Grants listed
    1
    Assets, end of year
    $15,313,396

Grants paid in 2024

1 grant, largest first

As listed on the return.

  1. Episcopal High SchoolBellaire, TX

    Scholarship

    $950,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $950,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Texas1 grant $950,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Catherine Underwood MurrayPRESIDENT Hours 0Pay $0
  • Lynda K UnderwoodVP/SECR/DIR Hours 0Pay $0
  • M Patric MascorroASST SECR/TREAS Hours 0Pay $0
  • David M Underwood JrDIRECTOR Hours 0Pay $0
  • Duncan K UnderwoodDIRECTOR Hours 0Pay $0

The return

More foundations

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