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Underdown Family Foundation at a glance

· Private foundation

Underdown Family Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$65k
Granted FY2024still arriving
19
Grants FY2024still arriving
2
States reached
$10k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Housing & Shelter$115kHealth$84kHuman Services$82kScience & Tech$55kArts & Culture$53kEducation$33kPublic Safety & Disaster$23kReligion$20kOther$0
02FY2024 · 19 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k17 grants · $45k
  • $10k–50k2 grants · $20k
$2,500
Median grant
2
States reached
$1.2M
Total assets
Largest grants
RecipientAmount
Habitat for Humanity of Catawba$10,000
Catawba Science Center Inc$10,000
First Presbyterian Church$5,000
Carolina Caring Inc$5,000
Hickory Museum of Art Inc$3,500
The Western Piedmont Symphony$3,000
Hart Square Foundation Inc$3,000
YMCA of Catawba Valley$3,000
Make-A-Wish Foundation of Central$2,500
Catawba County Partnership for Children$2,500
Council on Adolescents of Catawba$2,500
Pregnancy Care Center of Catawba$2,000
Safe Harbor of NC Inc$2,000
Children's Cancer Partners of the Carolinas$2,000
Catawba County Hispanic Ministry Inc$2,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY18–24, $91k) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%Shining Hope Farms: $1k → 10%AMERICAN NATIONAL RED CROSS: $5k → 12%AMERICAN NATIONAL RED CROSS: $5k → 12%FAMILY GUIDANCE CENTER INCORPORATED: $3k → 12%FAMILY GUIDANCE CENTER INCORPORATED: $2k → 12%RISING HOPE FARMS INC: $5k → 12%Rising Hope Farms Inc: $4k → 12%Rising Hope Farms Inc: $2k → 12%CAROLINA CARING INC: $15k → 12%CAROLINA CARING INC: $10k → 12%CAROLINA CARING INC: $10k → 12%Carolina Caring Inc: $8k → 12%Carolina Caring Inc: $5k → 12%CAROLINA CARING INC: $4k → 12%YMCA OF CATAWBA VALLEY: $5k → 12%YMCA OF CATAWBA VALLEY: $5k → 12%YMCA of Catawba Valley: $3k → 12%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

81%of every dollar goes to organizations it has funded before.
$411k · 23 repeat orgs$95k to everyone else

Grantees it renews have grown median revenue +27% since the first grant, against +23% for those funded once.

23 repeat relationships: 15 still active in FY2024, 8 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

23
19

Total granted

$411k
$88k

Median revenue growth · since first grant

+27%
+23%

Still filing today

74%
53%

New vs renewed · share of each year

In FY2024, 88% of grant dollars renewed an existing relationship; $8k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
Human ServicesHealthArts & CultureEducationCommunity ImprovementPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • CS
    CATAWBA SCIENCE CENTER INC
    6× · 2019–2024 · $55k · revenue +21%
  • CC
    CAROLINA CARING INC
    6× · 2019–2024 · $51k · revenue +39%
  • HM
    HICKORY MUSEUM OF ART INC
    6× · 2019–2024 · $29k · revenue +2%

Funded once

  • EO
    EXODUS OUTREACH FOUNDATION INC
    one grant, 2018 · $20k · revenue -33%
  • CV
    CATAWBA VALLEY COMMUNITY COLLEGE FOUNDATION INCgraduated
    one grant, 2019 · $11k · revenue +118%
  • FR
    FRYE REGIONAL MEDICAL CENTER
    one grant, 2017 · $7k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Carolina Family Health Centers Inc

Carolina Family Health Centers, Inc. provides accessible and affordable health care with excellence...where patients come FIRST

—
2
Hickory Soup Kitchen Inc

To help relieve hunger in our community. we recognize that the total needs of individuals must be addressed, and will seek to facilitate the meeting of other needs. however, our primary purpose is that of providing nutritious meals to the…

—
3
Carolina Community Care Inc

The mission of hospice & community care is to give hope, comfort, and compassion to those that need it most. hospice & community care is a nonprofit healthcare organization providing hospice and palliative care to residents of york,…

—
4
Carolina Health Centers Inc

Carolina health centers offers primary care and patient support services to improve health, well-being and quality of life throughout the communities we serve.

Health
5
Carolina Village Inc

Carolina village is a not for-profit full-service retirement facility for senior citizens with a mission to provide housing, continuing life care, up-to-date service, and a pleasant, congenial social environment to encourage personal…

Housing & Shelter
6
Haywood Pathways Center Inc

Guided by faith, love, and respect, we provide food, shelter, and individualized supportive services for Haywood County residents.

Housing & Shelter
7
Carolina Pregnancy Center

We are a crisis pregnancy center offering assistance to all women with pregnancy related issues.

Health
8
Yancey County Committee On Aging Inc

Provide services for elderly

—
9
Wilkes Senior Resources Inc

To provide services, education, and information that promote quality of life and active aging for senior citizens.

Human Services
10
Caramore Community

To empower adults living with severe and persistent mental illness in north carolina with the tools to lead meaningful and independent lives.

—
11
Catawba Regional Council of Governments

To serve the state, member counties, municipalities and local community with job growth, employee training, and community development, planning services and economic development support.

Community Improvement
12
Presbyterian Homes of Charlotte Inc

Low-rent government assisted housing for the elderly.

—
How this is measured
The grantee most central to the portfolio’s shape is Greater Hickory Cooperative Christian Ministry; the most unlike its peers is Rising Hope Farms Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

30 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 30 of the 46 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
7
Early backer (in before they grew)
30/30
Grantees still filing
21/30
Grew since first funded

Where the money sits, by cause and then by grantee

HABITAT FOR HUMANITY OF CATAWBA: $40,000 · OtherHABITAT FOR HUMANITY OF CATAWBAHABITAT FOR HUMANITY OF CATAWBA COUNTY: $31,000 · OtherHABITAT FOR HUMANITY OF CATAWBA COUNTYSAFE HARBOR RESCUE MISSION INC: $28,000 · OtherSAFE HARBOR RESCUE MISSION INCFirst Presbyterian Church: $15,000 · OtherFirst Presbyterian ChurchCOUNCIL ON ADOLESCENTS OF CATAWBA COUNTY INC: $11,000 · OtherCOUNCIL ON ADOLESCENTS OF CATAWBA COUNTY INCCATAWBA VALLEY COMMUNITY COLLEGE FOUNDATION INC: $10,939 · OtherCATAWBA VALLEY COMMUNITY COLLEGE FOUNDATION …FRYE REGIONAL MEDICAL CENTER: $7,000 · Other+17 more: $57,250 · Other+17 moreCAROLINA CARING INC: $51,150 · Human ServicesCAROLINA CARING INCCATAWBA COUNTY COUNCIL ON AGING INC: $13,500 · Human ServicesCATAWBA COUNTY COUNCIL ON …YOUNG MEN'S CHRISTIAN ASSOCIATION OF CATAWBA VALLEY INC: $13,000 · Human ServicesYOUNG MEN'S CHRISTIAN ASSO…WOMENS RESOURCE CENTER: $12,000 · Human ServicesWOMENS RESOURCE CENTERRising Hope Farms Inc: $11,000 · Human ServicesRising Hope Farms IncAmerican National Red Cross & Its Constituent Chapters and Branches: $10,000 · Human ServicesAmerican National Red Cros…FAMILY GUIDANCE CENTER INC: $4,500 · Human Services+1 more: $1,000 · Human ServicesCATAWBA SCIENCE CENTER INC: $55,000 · Arts & CultureCATAWBA SCIENCE CENTE…HICKORY MUSEUM OF ART INC: $28,500 · Arts & CultureHICKORY MUSEUM OF ART…WESTERN PIEDMONT SYMPHONY INC: $10,900 · Arts & CultureWESTERN PIEDMONT SYMP…EXODUS OUTREACH FOUNDATION INC: $20,000 · HealthEXODUS OUT…GREATER HICKORY COOPERATIVE CHRISTIAN MINISTRY: $15,000 · HealthGREATER HI…WILLIAMS PLACE: $2,500 · HealthWILLIAMS P…BIG HOUSE FAMILY MINISTRY: $2,500 · HealthBIG HOUSE …PREGNANCY CARE CENTER OF CATAWBA VALLEY INC: $2,500 · HealthPREGNANCY …Safe Harbor of NC Inc: $2,000 · Health+1 more: $1,000 · HealthCATAWBA COUNTY PARTNERSHIP FOR CHILDREN: $17,500 · EducationLENOIR-RHYNE UNIVERSITY: $5,000 · EducationHART SQUARE FOUNDATION INC: $14,000 · PhilanthropySERVICE LEAGUE OF HICKORY INC: $13,000 · Community Improvement
Other$200,189Human Services$116,150Arts & Culture$94,400Health$45,500Education$22,500Philanthropy$14,000Community Improvement$13,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCATAWBA SCIENCE CENTER INC: $55,000 over 6y, 0.9% of budgetCAROLINA CARING INC: $51,150 over 6y, 0.1% of budgetHICKORY MUSEUM OF ART INC: $28,500 over 6y, 0.7% of budgetEXODUS OUTREACH FOUNDATION INC: $20,000 over 1y, 1.0% of budgetCATAWBA COUNTY PARTNERSHIP FOR CHILDREN: $17,500 over 7y, 0.1% of budgetGREATER HICKORY COOPERATIVE CHRISTIAN MINISTRY: $15,000 over 2y, 0.2% of budgetHART SQUARE FOUNDATION INC: $14,000 over 4y, 0.4% of budgetCATAWBA COUNTY COUNCIL ON AGING INC: $13,500 over 5y, 2.2% of budgetSERVICE LEAGUE OF HICKORY INC: $13,000 over 4y, 7.7% of budgetYOUNG MEN'S CHRISTIAN ASSOCIATION OF CATAWBA VALLEY INC: $13,000 over 3y, 0.0% of budgetWOMENS RESOURCE CENTER: $12,000 over 5y, 2.6% of budgetCOUNCIL ON ADOLESCENTS OF CATAWBA COUNTY INC: $11,000 over 5y, 0.7% of budgetRising Hope Farms Inc: $11,000 over 3y, 4.0% of budgetWESTERN PIEDMONT SYMPHONY INC: $10,900 over 4y, 0.4% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $10,000 over 2y, 0.0% of budgetADULT LIFE PROGRAMS INC: $6,000 over 1y, 0.4% of budgetLENOIR-RHYNE UNIVERSITY: $5,000 over 1y, 0.0% of budgetFAMILY GUIDANCE CENTER INC: $4,500 over 2y, 0.2% of budgetCHILDREN'S CANCER PARTNERS OF THE CAROLINAS INC: $4,000 over 2y, 0.1% of budgetNEIGHBORS NETWORK INC: $4,000 over 1y, 1.8% of budgetSecond Harvest Food Bank of Metrolina Inc: $3,000 over 1y, 0.0% of budgetWILLIAMS PLACE: $2,500 over 1y, 1.5% of budgetBIG HOUSE FAMILY MINISTRY: $2,500 over 1y, 3.2% of budgetPREGNANCY CARE CENTER OF CATAWBA VALLEY INC: $2,500 over 1y, 0.5% of budgetTHE CORNER TABLE INC: $2,000 over 2y, 0.2% of budgetSafe Harbor of NC Inc: $2,000 over 1y, 0.1% of budgetCatawba County Hispanic Ministry: $2,000 over 1y, 1.1% of budgetHOPE VALLEY INC: $1,000 over 1y, 0.1% of budgetShining Hope Farms: $1,000 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

George Foundation IncThe Bolick FoundationNorth Carolina Commun…Beaver Family Foundat…Corning Incorporated …Tsh Charitable Founda…Duke Energy FoundationThe Cannon Foundation…E Rhodes and Leona B …Foundation for the Ca…Harold and Margaret D…Hambrick Family Found…
George Foundation IncNC49.5× affinity21 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: George Foundation Inc · The Bolick Foundation · North Carolina Community Foundation · Beaver Family Foundation Inc · Corning Incorporated Foundation · Tsh Charitable Foundation · Duke Energy Foundation · The Cannon Foundation Inc · E Rhodes and Leona B Carpenter Foundation · Foundation for the Carolinas · Harold and Margaret Deal Foundation · Hambrick Family Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Underdown Family Foundation funds: left to right is the share of its income from government, bottom to top the share from Underdown Family Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%3%5%8%10%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    9report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–10%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Underdown Family Foundation?

    Find your warmest path to Underdown Family Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 46 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Underdown Family’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home