FundersNorth Carolina

Underdown Family Foundation

Hickory, NC · EIN 56-1827986. Reported 67 grants totalling $271,500 to 35 organizations across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$3,000median grant
$271,500granted, 2021-2024
35organizations funded
67%of grantees funded again the next year
$1,460,949assets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Underdown Family Foundation did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $3,000. Half of everything it gave fell between $2,500 and $5,000; the smallest was $1,000 and the largest $10,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

$1,000 - $5,000
44 grants
$5,000 - $10,000
16 grants
$10,000 - $25,000
7 grants

Every organization it funded

This is the complete list from its filings, largest first. Years funded is the number of separate tax years in which the organization received money -- more than one means a real relationship rather than a one-off.

OrganizationLocationTotal receivedGrantsYears fundedLast
Catawba Science Center IncHickory, NC$40,000442024
Carolina Caring IncNewton, NC$32,500442024
Hickory Museum of Art IncHickory, NC$18,500442024
Habitat for Humanity of Catawba CountyHickory, NC$16,000222022
Habitat for Humanity of CatawbaHickory, NC$14,000222024
First Presbyterian ChurchHickory, NC$13,000332024
YMCA of Catawba ValleyHickory, NC$13,000332024
Catawba County Council on AgingHickory, NC$11,000442024
American National Red CrossHickory, NC$10,000222022
Safe Harbor Rescue Mission IncHickory, NC$10,000222022
Hart Square Foundation IncVale, NC$9,000332024
Western Piedmont SymphonyHickory, NC$8,500332024
Catawba County Partnership for ChildrenHickory, NC$7,500332024
Hospitality HouseHickory, NC$6,000332024
Rising Hope Farms IncClaremont, NC$6,000222024
American Red CrossHickory, NC$5,000112023
Council on Adolescents of Catawba County IncHickory, NC$5,000222022
Pregnancy Care Center of CatawbaHickory, NC$4,500222024
Children's Cancer Partners of the CarolinasSpartanburg, SC$4,000222024
Neighbors Network IncConover, NC$4,000112022
Service League of Hickory Nc IncHickory, NC$4,000112021
Second Harvest Food Bank of MetrolinaCharlotte, NC$3,000112023
Big House Family MinistryLenoir, NC$2,500112023
Cool Kids CampaignHuntersville, NC$2,500112022
Council on Adolescents of CatawbaHickory, NC$2,500112024
Family Guidance Center IncorporatedHickory, NC$2,500112021
First United Methodoist ChurchHickory, NC$2,500112021
Make-a-Wish Foundation of CentralCharlotte, NC$2,500112024
Pregnancy Care Center of Catawba ValleyHickory, NC$2,500112022
Williams PlaceBlack Mountain, NC$2,500112023
Catawba County Hispanic Ministry IncHickory, NC$2,000112024
Safe Harbor of Nc IncHickory, NC$2,000112024
Girls on the RunCharlotte, NC$1,000112023
Shining Hope FarmsCharlotte, NC$1,000112024
Women's Resource Center IncHickory, NC$1,000112022

18 of 35 (51%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 67%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is about typical. A high number means its list is close to settled and a newcomer has to displace someone; a low one means it is still moving money around, which is where an opening is.

What the money was for

Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.

What kind of organizations it funds

By the recipient's own IRS classification, for the 37 grants where we could identify the organization. These are assigned categories, not our guesses.

Human Services
16 grants
Arts & Culture
10 grants
Mental Health
3 grants
Education
3 grants
Philanthropy & Grantmaking
3 grants
Food & Nutrition
1 grant
Health Care
1 grant

Giving by year

Tax yearGrantsTotalMedian grant
202115$70,000$4,000
202216$71,500$3,500
202317$65,000$3,000
202419$65,000$2,500

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

Foundations concentrate geographically far more than their mission statements suggest. 99% of this one's giving went to organizations in North Carolina. If you are outside its footprint, that matters more than how well your programme fits.

North Carolina
$268K
South Carolina
$4K

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are the strongest available signal that two funders have overlapping priorities, and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

George Foundation Inc13 shared recipientsDuke Energy Foundation12 shared recipientsAmerican Online Giving Foundation Inc9 shared recipientsNorth Carolina Community Foundation9 shared recipientsDonor Advised Charitable Giving Inc8 shared recipientsFoundation for the Carolinas7 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $3,000. Asking for ten times that is the most common way small organizations waste a submission.
  2. Check you are in its geography. Its giving is concentrated in North Carolina.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Related guides

Foundations funding education in North CarolinaEvery funder in this group, ranked

Where these numbers come from

Everything above is taken from Underdown Family Foundation's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred, or estimated.

Address of record on the latest return: Po Box 128, Hickory, NC, 28603. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 56-1827986 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded, which is the best available predictor of who it will fund next -- and a much better basis for deciding whether to write to them than a mission statement.

Is something here wrong about your foundation? Email hello@funderscope.com and we will correct it.