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Underdog Foundation

Public charity · Grantmaker Island Pond, VT EIN: 03-0368814 Website

The Underdog Foundation ("the Foundation") works to meet community and environmental needs the cannot be met through simple investments. The interest areas of the Foundation are:- Environment and Conservation- Community Investment- Women's Entrepreneurship- International Community Investment and Community Development.The Foundation achieves its mission through grantmaking, community investments, technical assistance and strategic not-for-profit partnerships.

Underdog Foundation at a glance

In short: Underdog Foundation reported $1K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.

Grants paid (2024)
$1,000 — reported as a total on the IRS filing, without an itemized list
-95.0% vs 2023
Total assets
$359,403
+2.6% vs 2023
Revenue (2024)
$95,753
+3147.0% vs 2023
Net investment income (2024)
$403
-86.3% vs 2023
Expenses (2024)
$86,753
-18.9% vs 2023
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Underdog Foundation funds

How this funder distributes its grants

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BurlingtonHartsdaleManchesterMediaRochesterSan Francisco

How Underdog Foundation gives

  • Giving fell 68% from 2020 to 2023. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K4 grants2020 1 grant2021 1 grant2022 1 grant2023 Total only2024

From 2020 to 2024, annual grant giving ranged from $1K (2024) to $63K (2020). In 2024 it reported $1K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Food Cupboard Manchester, VTProgram Support$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$359,403$95,753$86,753$1,000Total only$403
2023$350,403$2,949$106,948$20,0001$2,949
2022$459,402$6,873$243,681$7,0001$3,416
2021$2,949,871$4,165$262,109$25,0001$4,165
2020$3,207,650$12,433$292,228$62,5004$12,433

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Underdog Foundation

Based on IRS filings

Underdog Foundation is a public charity focused on Community Improvement & Capacity Building, based in Island Pond, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $359K in total assets. In 2024, it reported $1K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $403.

Leadership & Key People

Officers and directors from IRS filings

Underdog Foundation is led by David Berge, President & Secretary on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Berge

    President & Secretary

    On filings since 2020

    40 hrs/week

    $134K (2020) → $0 (2024)

  • Alisa Gravitz

    Chairman

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Drummond Pike

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Joel Solomon

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Lauri Thompson

    Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

David Berge — President/Sec: $23KDavid BergePresident/Sec$23K

The highest reported compensation on the 2023 filing was $23K, to David Berge (President/Sec).

Frequently asked questions about Underdog Foundation

How much does Underdog Foundation give each year?

Underdog Foundation reported $1K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $20K across 1 grant.

How large is Underdog Foundation?

Underdog Foundation reported $359K in total assets on its 2024 IRS Form 990. Its revenue that year was $96K.

What is Underdog Foundation?

Underdog Foundation is a public charity focused on Community Improvement & Capacity Building, based in Island Pond, VT. It holds $359K in total assets as of 2024.

Where does Underdog Foundation operate?

Underdog Foundation has awarded grants in California, New York, Pennsylvania, Vermont.

What is Underdog Foundation's EIN?

Underdog Foundation's EIN (Employer Identification Number) is 03-0368814. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 1, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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

Figures come from Underdog 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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