Underwood Family Foundation

EIN 20-1487042 · IA · NTEE T22

Invitation only Typical grant ~$3.5K Funds in IA, MN, WA +8
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Giving Profile

In 2025, Underwood Family Foundation based in IA paid 53 grants totaling $755.8K to 53 organizations across 11 states. Individual grants ranged from $700 to $390.8K, with a median of $3.5K. Its largest recipients included IOWA STATE UNIVERSITY FOUNDATION, ASCENTION LUTHERN CHURCH, and YSS. The foundation does not accept unsolicited applications — giving is by invitation only.

Foundation at a Glance

Total assets
$15,041,052
Giving (latest yr)
$755,847
Filing year
2025
Itemized grants
53
Median grant
$3.5K
Recipients
53
States reached
11
Officers/trustees
6
Unsolicited applications
No — invitation only

Where the Money Goes

Top recipients

  • Iowa State University Foundation$390,750
  • Ascention Luthern Church$56,450
  • Yss$25,000
  • Ames Christian School$16,000
  • Bible Study Fellowship$16,000

Where grants went

  • Iowa$596,200 · 29 grants
  • Minnesota$41,900 · 9 grants
  • Washington$40,000 · 4 grants
  • Tennessee$21,000 · 2 grants
  • Missouri$17,500 · 2 grants
  • Texas$16,000 · 1 grant

Grants Paid (53)

Iowa State University Foundation
Ames, IA
Operational
$390,750
Ascention Luthern Church
Ames, IA
Operational
$56,450
Yss
Ames, IA
Operational
$25,000
Bible Study Fellowship
San Antonio, TX
Operational
$16,000
Ames Christian School
Ames, IA
Operational
$16,000
Alphaomnicron Pi Foundaiton
Brentwood, TN
Operational
$15,500
Western Washington Univ Foundation
Bellingham, WA
Operational
$15,000
The Bridge Home
Ames, IA
Operational
$15,000
Calvary E Free Church
Walker, MN
Operational
$15,000
Obria Medical Clinic
Ames, IA
Operational
$11,000
Kids Accross America Foundation
Branson, MO
Operational
$11,000
Walker Area Food Shelf
Walker, MN
Operational
$10,000

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FAQFrequently Asked Questions

No. Underwood Family Foundation does not accept unsolicited applications — its grantmaking is by invitation only. Cultivating a relationship or securing an introduction is typically required.

In its most recent filing, Underwood Family Foundation reported 53 itemized grants totaling $755.8K. Individual grants ranged from $700 to $390.8K (median $3.5K).

Recent recipients include IOWA STATE UNIVERSITY FOUNDATION, ASCENTION LUTHERN CHURCH, YSS, among 53 organizations in total. The full grant list is on this page.

Underwood Family Foundation is a private foundation based in Iowa, per its IRS 990-PF filing.

Underwood Family Foundation gives by invitation only, so there is no open application. Officer and address details from its 990-PF are the best starting point for an introduction.

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