Tua John T Underwood Foundation

Private foundation · Grantmaker Dallas, TX EIN: 13-6072078

Tua John T Underwood Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $58K. Net investment income was $106K.

Tua John T Underwood Foundation at a glance

In short: Tua John T Underwood Foundation gave $58K across 1 grant in 2025 (avg $58K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$58,000
+6.7% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$58,000
+113.4% vs 2024
Median grant
$58,000
Total assets
$1,399,690
+2.4% vs 2024
Primary geography
New York (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Tua John T Underwood Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Neighbors Together: $58KNeighbors Together$58K

The largest 2025 recipient was Neighbors Together ($58K).

Grant Size Distribution

9 grants across all recorded years

8<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 9 (89%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

New YorkBrooklyn

How Tua John T Underwood Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2019 2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $51K (2019) to $59K (2022). In 2025 it made 1 grant totaling $58K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Neighbors Together Brooklyn, NYUnrestricted General$58,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,399,690$122,010$88,558$58,0001$71,146$105,904$74,437
2024$1,366,412$111,310$80,547$54,3652$66,685$96,264$70,235
2023$1,336,150$34,031$79,545$55,4062$66,740$17,894$65,699
2022$1,381,546$25,560$87,930$58,9102$70,499$13,594$66,995
2021$1,443,963$239,199$80,023$50,9162$63,527$223,087$71,521
2020$1,284,994$81,012$75,659$51,4562—$67,032$61,926
2019$1,278,587$67,919$76,718$50,6183—$53,596$62,434

Under IRS private-foundation payout rules, Tua John T Underwood Foundation reported a distributable amount of $74K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Tua John T Underwood Foundation's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $20K (2021) → $21K (2025)

Former officers (1)
  • Former: Bank Of America N A (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $21KBank of AmericaTrustee$21K

The highest reported compensation on the 2025 filing was $21K, to Bank of America (Trustee).

Frequently asked questions about Tua John T Underwood Foundation

How much does Tua John T Underwood Foundation give each year?

Tua John T Underwood Foundation gave $58K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $54K across 2 grants.

How large is Tua John T Underwood Foundation?

Tua John T Underwood Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $74K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Tua John T Underwood Foundation operate?

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

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 19, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Tua John T Underwood Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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