Private foundation (trust)EIN 561827986Est. 1994-03
Underdown Family Foundation
Hickory, NC 28603
Accepts unsolicited proposalsTotal Assets
$1.5M
FY 2024
Annual Giving
$65K
FY 2024
Grants Made
19
FY 2024
Avg Grant
$3K
FY 2024
Grant Range
$1K–$10K
Typical
Deadlines
Applications must be submitted by apri…
Applications
Financial Snapshot
2024 filing
Total Revenue
$111K
Total Expenses
$82K
Qualifying Distributions
$66K
Distributable Amount
$70K
Min. Investment Return
$71K
Undistributed Income
$66K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
19 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
6 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
90 grants
Grant Size Distribution
90 grants
Geographic Focus
2 states
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