Nonprofit · EIN 20-1487042
UNDERWOOD FAMILY FOUNDATION
Tax-exempt · AMES, IA 50010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,079,336 | $802,621 | $276,715 | $15,041,052 | $0 | $15,041,055 |
| December 31, 2024 | 990-PF | $1,089,421 | $726,013 | $363,408 | $14,757,025 | $734 | $14,756,291 |
| December 31, 2023 | 990-PF | $749,598 | $772,144 | -$22,546 | $14,405,334 | $24,813 | $14,380,521 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $589,372
- Interest
- $18,816
- Net gain from sales of assets
- $471,148
Expenses
- Grants and similar amounts paid
- $755,847
- Disbursements for charitable purposes
- $760,607
- Excise tax on investment income
- $14,419
Balance sheet and other
- Total assets, start of year
- $14,757,025
- Total assets, end of year
- $15,041,052
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,041,055
- Fair market value of assets
- $16,553,109
- Qualifying distributions
- $760,607
- Net investment income
- $1,079,336
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| CONNIE UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| WILLIAM UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| ANDREW UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| DR NINA WHITNEY PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| CHLOE UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| CONNIE UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
| CONNIE UNDERWOOD PO BOX 2436, AMES, IA 50010 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2436, AMES, IA 50010-2436
- In care of
- % CONNIE UNDERWOOD
- Signed the 990-PF
- ROGER UNDERWOOD, DIRECTOR
- Phone
- (515) 233-5991
- Return prepared by
- PYLE & ASSOCIATES PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-1487042
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $15,041,052
- Income (IRS master file)
- $2,019,503
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,079,336 | $802,621 | $15,041,052 | IRS |
| 990-PF | December 2024 | $1,089,421 | $726,013 | $14,757,025 | IRS |
| 990-PF | December 2023 | $749,598 | $772,144 | $14,405,334 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1487042).
Questions about UNDERWOOD FAMILY FOUNDATION
- What is the EIN of UNDERWOOD FAMILY FOUNDATION?
- The employer identification number (EIN) of UNDERWOOD FAMILY FOUNDATION is 20-1487042.
- Is UNDERWOOD FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to UNDERWOOD FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does UNDERWOOD FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of UNDERWOOD FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNDERWOOD FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of UNDERWOOD FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does UNDERWOOD FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,079,336, expenses of $802,621 and total assets of $15,041,052 at year end.
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All nonprofits in AMES · Iowa · Philanthropy, voluntarism and grantmaking foundations