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The Moody Foundation

Profile

Last Updated: 2016-06-04

At A Glance

The Moody Foundation

2302 Post Office St., Ste. 704

Galveston, TX United States 77550-1936

Telephone: (409) 797-1500

URL: www.moodyf.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $1,547,141,408

Total giving: $65,994,027

EIN

741403105

BRIDGE Number

3417275221

Additional Contact Information

Additional tel. (for Dallas office): (866) 742-1133. E-mail for Allan Matthews: Amatthews@moodyf.org, For scholarships: Samantha Seale, Scholarship Admin., tel.: (409) 797-1511, e-mail: Samanthas@moodyf.org

Background

Trust established in 1942 in TX - The foundation presently provides major support for two foundation-initiated projects: the Transitional Learning Center (TLC), a residential rehabilitation facility for the brain injured; and Moody Gardens, an educational and recreational complex for the benefit of the city of Galveston and the state of Texas

Purpose and Activities

Funds to be used for historic restoration projects, performing arts organizations, and cultural programs; promotion of health, science, and education; community and social services; and the field of religion.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to financially needy graduates of high schools in Galveston and Dallas counties, TX, who have a "B+" average. Recipients must attend colleges and universities in TX. Applicants must also be residents of Galveston or Dallas counties, TX.

Moody Scholars Program

Applicants must be able to demonstrate high academic ability and some degree of financial need in order to pursue their higher education. To be eligible, the student must be in the top twenty-five percent of their graduating senior class. They also must have a minimum 88 GPA which is determined by the counseling staff. The funds are for undergraduate work only and must be used in the state of Texas. Approximately 75 students are awarded $2,000 per year. The Honor Scholars category of the program is currently only offered in Galveston County. The top ten seniors from each high school are submitted to the foundation by the counseling office. This is a one-time award of $1,000 which may be directed by the student to their chosen Texas college or university.

Program-Related Investment

The foundation has made PRIs in the form of loans to an educational, recreational foundation and to a film society.

Fields of Interest

Subjects
  • Arts and culture
  • Community and economic development
  • Diseases and conditions
  • Education
  • Environment
  • Health
  • HIV/AIDS
  • Human services
  • Medical education
  • Performing arts
  • Religion
  • Science
  • Technology
  • Youth development
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • People with disabilities
  • Seniors
  • Students

Financial Data

Year ended 2014-12-31

Assets: $1,547,141,408 (market value)

Gifts received: $29,180,000

Expenditures: $73,069,407

Total giving: $65,994,027

Qualifying distributions: $69,201,840

Giving activities include:

$65,213,528 for 90 grants (high: $14,000,000; low: $6,000)

$780,499 for grants to individuals