Nonprofit · EIN 76-0528032
UNDERWOOD FOUNDATION
Tax-exempt · HOUSTON, TX 77019
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,295,838 | $1,010,143 | $285,695 | $17,038,313 | $0 | $17,038,313 |
| December 31, 2023 | 990-PF | $615,959 | $936,534 | -$320,575 | $16,754,572 | $0 | $16,754,572 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $650,823
- Interest
- $10,309
- Net gain from sales of assets
- $634,706
Expenses
- Grants and similar amounts paid
- $950,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $950,000
- Excise tax on investment income
- $17,176
Balance sheet and other
- Total assets, start of year
- $16,754,572
- Total assets, end of year
- $17,038,313
- Total liabilities, end of year
- $0
- Net assets, end of year
- $17,038,313
- Fair market value of assets
- $19,633,041
- Qualifying distributions
- $950,000
- Net investment income
- $1,295,838
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CATHERINE UNDERWOOD MURRAY 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | PRESIDENT | 0 | $0 |
| LYNDA K UNDERWOOD 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | VP/SECR/DIR | 0 | $0 |
| M PATRIC MASCORRO 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | ASST SECR/TREAS | 0 | $0 |
| DAVID M UNDERWOOD JR 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | DIRECTOR | 0 | $0 |
| DUNCAN K UNDERWOOD 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CATHERINE UNDERWOOD MURRAY 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | PRESIDENT | 0 | $0 |
| LYNDA K UNDERWOOD 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | VP/SECR/DIR | 0 | $0 |
| M PATRIC MASCORRO 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | ASST SECR/TREAS | 0 | $0 |
| DAVID M UNDERWOOD JR 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | DIRECTOR | 0 | $0 |
| DUNCAN K UNDERWOOD 1335 WEST GRAY, 1640, HOUSTON, TX 77019 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1335 W GRAY ST STE 399, HOUSTON, TX 77019-4470
- In care of
- % LYNDA K UNDERWOOD
- Signed the 990-PF
- CATHERINE MURRAY, PRESIDENT
- Phone
- (713) 655-7800
- Return prepared by
- ANDERSEN TAX LLC
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 | Not 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
- 76-0528032
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $17,038,313
- Income (IRS master file)
- $19,087,071
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,295,838 | $1,010,143 | $17,038,313 | IRS |
| 990-PF | December 2023 | $615,959 | $936,534 | $16,754,572 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 76-0528032).
Questions about UNDERWOOD FOUNDATION
- What is the EIN of UNDERWOOD FOUNDATION?
- The employer identification number (EIN) of UNDERWOOD FOUNDATION is 76-0528032.
- Is UNDERWOOD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to UNDERWOOD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does UNDERWOOD FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of UNDERWOOD FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNDERWOOD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of UNDERWOOD FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does UNDERWOOD FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,295,838, expenses of $1,010,143 and total assets of $17,038,313 at year end.
Other nonprofits in HOUSTON
- LAURA AND JOHN ARNOLD FOUNDATION EIN 26-3241764 · last filed 990-PF for 2024
- SAROFIM FOUNDATION EIN 37-2090276 · last filed 990-PF for 2025
- STOLLER FOUNDATION EIN 46-3119720 · last filed 990-PF for 2024
- GREATER HOUSTON COMMUNITY FOUNDATION EIN 23-7160400 · last filed 990 for 2024
- HOUSTON ENDOWMENT INC EIN 74-6013920 · last filed 990-PF for 2024
- BROWN FOUNDATION INC EIN 74-6036466 · last filed 990-PF for 2025
- METHODIST PRIMARY CARE GROUP EIN 76-0556120 · last filed 990 for 2024
- LAURIE AND REED MORIAN FOUNDATION EIN 46-1580212 · last filed 990-PF for 2024
All nonprofits in HOUSTON · Texas · Philanthropy, voluntarism and grantmaking foundations