The Moody Foundation
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$1.4B
Total Expenses
$145.0M
Net Assets
$3.5B
Employees
—
Grants Paid
$121.3M
Program Expense Ratio
0.0%
This nonprofit profile presents IRS Form 990-PF tax filing data for The Moody Foundation (EIN: 74-1403105), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
The Moody Foundation is a 501(c)(3) nonprofit headquartered in Galveston, TX. It is classified under NTEE code T22 (Private Independent Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 1943. In its 2024 filing, the organization reported $1.4B in total revenue, a 779.6% increase from the prior year, and $145.0M in total expenses. Frances A Moody-Dahlberg, Trustee/Chair/CEO/President, is the highest-compensated individual at $323,679. 0 of 6 recommended governance policies are in place.
The Moody Foundation is classified under NTEE code T22 (Private Independent Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 04.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, The Moody Foundation's revenue has grown from $112.8M to $1.4B, a 1169.7% increase. Program expenses represent 0% of total spending.
Revenue increased 779.6% year-over-year, while expenses grew 36.1%. net assets rose to $3.5B, up 58.6% from the prior year.
The Moody Foundation derives 84% from contributions and grants, with 14% from investment income.
Revenue is primarily driven by contributions and grants (84%), with investment income at 14%.
Revenue grew by 779.6% while expenses grew by only 36.1%, suggesting improving operational efficiency.
The Moody Foundation distributed $121.3M in grants to other organizations and individuals, representing 84% of total expenses.
Over 6 filings from 2019–2024, The Moody Foundation grew revenue from $112.8M to $1.4B (+1169.7%) while maintaining a program expense ratio of 0%.
The Moody Foundation holds $3.5B in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 292.5 months of operating reserves. Cash and equivalents of $23.9M cover approximately 2.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $1.4B | $1.2B | $0 | $0 | $204.2M |
| 2023 | $162.8M | $53.3M | $0 | $0 | $98.1M |
| 2022 | $1.3B | $28.3M | $0 | $0 | $1.3B |
| 2021 | $132.7M | $29.0M | $0 | $0 | $99.2M |
| 2020 | $110.1M | $31.8M | $0 | $0 | $74.5M |
| 2019 | $112.8M | $38.4M | $0 | $0 | $71.3M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $145.0M | $0 | $0 | $0 | $121.3M |
| 2023 | $106.5M | $0 | $0 | $0 | $90.2M |
| 2022 | $135.5M | $0 | $0 | $0 | $106.1M |
| 2021 | $82.7M | $0 | $0 | $0 | $74.1M |
| 2020 | $88.0M | $0 | $0 | $0 | $80.5M |
| 2019 | $102.4M | $0 | $0 | $0 | $93.9M |
Program Expense Ratio
0.0%
Admin Expense Ratio
0.0%
Fundraising Efficiency
—
Operating Reserve
292.5 mo
People & Compensation(Tax Year 2024)
3 records
The Moody Foundation reported compensation for 3 officers and key employees. Total officer compensation was $746K, representing 0.5% of total expenses.
The Moody Foundation's highest-compensated individual received $324K in total compensation. Total officer compensation of $746K represents 0.5% of total expenses.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Frances A Moody-Dahlberg | Trustee/Chair/CEO/President | 37.50 | $214,973 | $0 | $323,679 | |
| Elizabeth Moody | Trustee/Sec/Treas/Sr VP/Grants/CCO | 47.50 | $271,355 | $0 | $322,456 | |
| Ross R Moody | Trustee/Vice Chair | 10.00 | $100,250 | $0 | $100,250 |
Governance & Compliance(Tax Year 2024)
The Moody Foundation has 0 of 6 recommended governance policies in place.
The Moody Foundation does not have audited financial statements.
Policies & Oversight
Audit & Financial Oversight
Filing History(Tax Years 1943–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990-PF | 2024-01-01 – 2024-12-31 | $1.4B | $145.0M | $3.5B |
| 2023 | 990-PF | 2023-01-01 – 2023-12-31 | $162.8M | $106.5M | $2.2B |
| 2022 | 990-PF | 2022-01-01 – 2022-12-31 | $1.3B | $135.5M | $2.2B |
| 2021 | 990-PF | 2021-01-01 – 2021-12-31 | $132.7M | $82.7M | $975.0M |
| 2020 | 990-PF | 2020-01-01 – 2020-12-31 | $110.1M | $88.0M | $925.0M |
| 2019 | 990-PF | 2019-01-01 – 2019-12-31 | $112.8M | $102.4M | $902.9M |
| 1943–2018 | No filings acquired yet | ||||
Frequently Asked Questions
How much revenue does The Moody Foundation have?
The Moody Foundation reported $1,432,337,894 in total revenue for tax year 2024, up 779.6% from the prior year.
Who is the highest-paid executive at The Moody Foundation?
Frances A Moody-Dahlberg, Trustee/Chair/CEO/President, received $323,679 in total compensation as of tax year 2024.
Is The Moody Foundation a 501(c)(3)?
Yes, The Moody Foundation is classified as a 501(c)(3) tax-exempt organization.
Where is The Moody Foundation located?
The Moody Foundation is headquartered in Galveston, TX 77550.
What type of nonprofit is The Moody Foundation?
The Moody Foundation is classified under NTEE code T22 (Private Independent Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is The Moody Foundation audited?
No, The Moody Foundation does not currently have audited financial statements.
Does The Moody Foundation give grants?
Yes, The Moody Foundation distributed $121,331,301 in grants to other organizations and individuals in tax year 2024.
Data Source
Prepared by: Blazek & Vetterling, Houston, TX
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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