Tua John T Underwood Foundation

DALLAS, TX EIN: 13-6072078

Tua John T Underwood Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 2 grants totaling $54K. Net investment income was $96K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+2.3% YoY

Annual Giving

$54K

-1.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$27K

-1.9% YoY

Under IRS private-foundation payout rules, Tua John T Underwood Foundation reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.

About Tua John T Underwood Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $271K (100%)

States

New York

Cities

BrooklynNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,366,412	$1,336,150	$1,381,546
Revenue	$111,310	$34,031	$25,560
Expenses	$80,547	$79,545	$87,930
Qualifying Distributions	$66,685	$66,740	$70,499
Net Investment Income	$96,264	$17,894	$13,594
Distributable Amount	$70,235	$65,699	$66,995

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Girls Who Code Inc ($30,000), City Harvest ($24,365).

Recipient	Purpose	Amount
CITY HARVEST NEW YORK, NY	UNRESTRICTED GENERAL	$24,365
GIRLS WHO CODE INC NEW YORK, NY	UNRESTRICTED GENERAL	$30,000

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	$19,973

Frequently Asked Questions

How large is Tua John T Underwood Foundation?

As of 2024, Tua John T Underwood Foundation holds $1.4M in total assets with $111K in annual revenue. It awarded 2 grants totaling $54K in 2024.

Where does Tua John T Underwood Foundation operate?

Tua John T Underwood Foundation has awarded grants in New York.

What size grants does Tua John T Underwood Foundation award?

In 2024, Tua John T Underwood Foundation awarded 2 grants totaling $54K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Tua John T Underwood Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tua John T Underwood Foundation reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tua John T Underwood Foundation's EIN?

Tua John T Underwood Foundation's EIN (Employer Identification Number) is 13-6072078. IRS Form 990 filing data is available on this page for 2020–2024.