2017-05-15T13:01:07-07:00 2016-12-31 Fontanello Duffield & Otake LLP 44 Montgomery Street Suite 1305 San Francisco CA 94104 990 2016-01-01 030368814 Underdog Foundation UNDE 8027239909 PO Box 443 Island Pond VT 05846 David Berge President 2017-05-15 false Carol Duffield P01257136 4159830200 2016 2021-01-29 14:40:06Z David Berge PO Box 443 Island Pond VT 05846 281327 false false X underdogventures.com/underdog-foundation X 2001 VT The Underdog Foundation ("the Foundation") through its grant making, community investment, technical assistance and strategic partnerships provides mentoring and technical expertise to support non-profit organizations doing important work in our communities. 5 4 2 4 0 25000 275000 0 12059 9705 -13718 -3378 23341 281327 70000 33000 0 143750 179522 0 0 39441 80336 253191 292858 -229850 -11531 3613341 3573573 28276 39 3585065 3573534 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. false false 251436 33000 The Underdog Foundation's program in 2016 was to provide technical assistance, grants, mentoring and community investments in order to further our charitable mission, all of which is consistent with that of our supported organization. This community development, job creation, strategic partnership and impact/community investment work was the program for 2016. 251436 true true false false false true false false false false true true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false true 2 0 true 2 true false false false false false false false false 0 false false false false false false false false false false X 5 4 false false false false false true false true false false false true true true true false false true false false X David Berge 8027239909 PO Box 443 Island Pond VT 05846 David Berge President 32.00 0.00 X X 133000 0 14855 Alisa Gravitz Chairman 0.60 0.00 X X 0 0 0 Drummond Pike Director 0.60 0.00 X 0 0 0 Joel Solomon Director 0.60 0.00 X 0 0 0 Andrew Broderick Treas/Secretary 0.60 0.00 X X 0 0 0 133000 14855 1 false false false 0 275000 25000 275000 0 9705 9705 0 0 0 0 0 0 0 Pass-Through Income 900099 -3378 -3378 -3378 281327 -3378 9705 33000 33000 0 0 0 147855 125677 22178 0 19366 16461 2905 0 1768 1503 265 10533 8953 1580 0 9453 8035 1418 6975 5929 1046 0 0 0 691 588 103 0 386 386 0 0 830 706 124 41095 32876 8219 0 0 0 0 0 568 483 85 Education 16674 14173 2501 Dues and Subscriptions 2082 1770 312 Telephone 1097 932 165 Telecom & Internet 279 237 42 206 113 93 292858 251436 41422 0 1218913 174033 941612 0 0 0 0 41500 30000 0 0 2987 1281 1706 1706 0 2341204 2416204 0 0 10018 10018 3613341 3573573 28276 39 28276 39 X 3585065 3573534 3585065 3573534 3613341 3573573 -11531 X false false false X X 1 Tides Foundation 510198509 7 true 4000 0 1 4000 0 true false false false false true false false false true true false false false false true true true X true true false false Part IV, Section A, Line 6: Description Of Grants Or Provided Benefits To Others Underdog Foundation provided grants to United for a Fair Economy, Social Venture Network, New Hampshire Community Loan Fund, Green America, Assets Lancaster, Triskeles Foundation, Mid-South Peace & Justice Center. Part IV, Section A, Line 9b: Disqualified Persons Holding Controlling Interest In Same Entity As Sup David Berge, President, served as the managing member of Underdog Ventures LLC, and Underdog Foundation has an interest in Underdog Ventures LLC. Part IV, Section A, Line 9c: Disqualified Persons Ownership Interest In Assets Of Same Entity As Sup David Berge, President, served as the managing member of Underdog Ventures LLC. Underdog Foundation has an ownership interest, through contributed securities, in Underdog Ventures LLC. Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played A Tides Foundation appointed member participated as an active Board member in discussing the financials and participating in financial and investment decisions Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu Substantially all the activities of the Underdog Foundation further the exempt purposes of the Tides Foundation through its community investment and community development work, its technical assistance to non-profits and social entrepreneurs, and its work with underserved entrepreneurs and communities. Part IV, Section E, Line 2b: Reasons For The Organization's Position Without the grantmaking, technical assistance and community investments of the Underdog Foundation, the Tides Foundation would have to increase its charitable footprint or decrease its charitable impact. The Underdog Foundation has worked with entrepreneurs through our community investing who have supported programs at and grants to the Tides Foundation. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 15000 23000 1862104 true true 2987 1281 1706 1706 2416204 true United for a Fair Economy 62 Summer St Boston MA 02110 043286118 501(c)(3) 9000 0 Program Support 1 0 Additional Supplemental Information The Foundation monitors whether grant funds are spent according to the intended purpose by requiring and reviewing the respective grantee's financial and outcome reports. Form 990, Part VI, Line 11b: Form 990 Review Process The President reviews the Form 990 prior to filing. The Board discusses tax and financial issues during board meetings. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization continually monitors compliance with the conflict of interest policy, and the board is conscientious about conflict issues. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Board reviewed compensation arrangement, per the market for compensation, and legal counsel was also sought. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization makes available to the public, upon request, governing documents, conflict of interest policy and financial statements. Tides Foundation 1014 Torney Avenue San Francisco CA 94129 510198509 Philanthropy and Social Change CA 501(c)(3) Line 7 NA false false true false false false false false false false false false false false false false false false false false Tides Foundation b 4000 Cash