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Filing year 2024

Underdown Family Foundation

Hickory, North Carolina·EIN 56-1827986·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$111k
Total assets
$1.2M
Total expenses
$82k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. Underdown Family Foundation reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$65k

Itemized grants

19

Median grant

$3k

RecipientLocationPurposeAmount
Catawba Science Center IncHickory, NCPlanetarium Projection System$10k
Habitat for Humanity of CatawbaHickory, NCHomeownership Program - Ridgeview Community$10k
Carolina Caring IncNewton, NCCaring for Children Battling Serious Illness$5k
First Presbyterian ChurchHickory, NCGood Samaritan Fund$5k
Hickory Museum of Art IncHickory, NCEducational Programming$4k
Hart Square Foundation IncVale, NCPreserving History through Education and Arts$3k
The Western Piedmont SymphonyHickory, NCKelly Hall-Tompkins Residency$3k
YMCA of Catawba ValleyHickory, NCTutoring Component of Summer Camp$3k
Catawba County Partnership for ChildrenHickory, NCPeeps Playground in Ridgeview$3k
Council on Adolescents of CatawbaHickory, NCLunch Buddy Mentoring Program$3k
Make-A-Wish Foundation of CentralCharlotte, NCFund-A-Wish in Hickory NC$3k
Catawba County Council on AgingHickory, NCWest Hickory Senior Center$2k
Catawba County Hispanic Ministry IncHickory, NCSummer Learning$2k
Children's Cancer Partners of the CarolinasSpartanburg, SCHickory Childhood Cancer Safety Net$2k
Hospitality HouseHickory, NCRoom Subsidies for Hickory Families$2k
Pregnancy Care Center of CatawbaHickory, NCPerinatal Mental Health$2k
Rising Hope Farms IncClaremont, NCLawn Mower, Bush Hog Attachments$2k
Safe Harbor of NC IncHickory, NCThe Passage$2k
Shining Hope FarmsCharlotte, NCConover Farm Therapy Services Program$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Underdown Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$52k
$81k
2023
$111k
$82k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

Underdown Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about Underdown Family Foundation

What are Underdown Family Foundation's revenue and expenses?

In 2024, Underdown Family Foundation reported $111k in total revenue and $82k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.