Lida P Underhill Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $299K in total assets. In 2024, it awarded 3 grants totaling $13K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$299K
+3.1% YoY
Annual Giving
$13K
+0.0% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$4K
-33.3% YoY
Under IRS private-foundation payout rules, Lida P Underhill Trust reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Lida P Underhill Trust
Based on IRS filings
Lida P Underhill Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $299K in total assets. In 2024, it awarded 3 grants totaling $13K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $299,346 | $290,211 | $299,631 |
| Revenue | $30,496 | $10,931 | $-8,573 |
| Expenses | $21,052 | $20,234 | $25,086 |
| Qualifying Distributions | $15,976 | $15,733 | $18,292 |
| Net Investment Income | $25,255 | $5,465 | $889 |
| Distributable Amount | $17,165 | $15,835 | $16,450 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Monhegan Historcal & ($5,000), Monhegan Associates Inc ($5,000), Monhegan Artists Residency Corp ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MONHEGAN ARTISTS RESIDENCY CORP PORTLAND, ME | UNRESTRICTED GENERAL | $3,000 |
| MONHEGAN HISTORCAL & MONHEGAN, ME | CAPITAL IMPROVEMENTS & ART | $5,000 |
| MONHEGAN ASSOCIATES INC MONHEGAN, ME | UNRESTRICTED GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $6,191 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lida P Underhill Trust?
Lida P Underhill Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $299K in total assets as of 2024.
How large is Lida P Underhill Trust?
As of 2024, Lida P Underhill Trust holds $299K in total assets with $30K in annual revenue. It awarded 3 grants totaling $13K in 2024.
Where does Lida P Underhill Trust operate?
Lida P Underhill Trust has awarded grants in Maine.
What size grants does Lida P Underhill Trust award?
In 2024, Lida P Underhill Trust awarded 3 grants totaling $13K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Lida P Underhill Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lida P Underhill Trust reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lida P Underhill Trust's EIN?
Lida P Underhill Trust's EIN (Employer Identification Number) is 01-0515885. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lida P Underhill Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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