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The Moody Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760152743 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Moody Endowment?

The Moody Endowment is a philanthropic organization situated in Galveston, Texas. Its primary objective is to offer an endowment and provide financial assistance to benefit the operational and infrastructure requirements of The Transitional Learning Center and similar charitable organizations. This support encompasses various initiatives such as rehabilitation programs, transitional living, independent living, and social services. Additionally, the endowment funds sociological studies, research for head injury recovery and return to active life, treatment for neurological disorders, informational programs, and other charitable, educational, literary, or scientific activities.


Official website here: www.moodyendowment.org

Is The Moody Endowment legitimate?

The Moody Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Moody Endowment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.moodyendowment.org

What is the mission statement of The Moody Endowment?

The Moody Endowment is dedicated to providing financial support and making grants to organizations that share similar objectives as the Transitional Learning Center at Galveston. Their mission encompasses various charitable, scientific, literary, or educational activities, with a primary focus on rehabilitation programs for individuals who have experienced head injuries. These rehabilitation programs include transitional living and independent living initiatives, aiming to help these individuals return to active lives.

The endowment also extends its support to organizations providing social services and conducting sociological studies. It funds research aimed at promoting the recovery of individuals with head injuries and neurological disorders. Additionally, informational programs and other charitable activities are part of their mission, which is to ultimately benefit the individuals and communities they serve.


Official website here: www.moodyendowment.org

What is the revenue of The Moody Endowment?

The Moody Endowment's revenue in 2023 was $30,432,271.


Official website here: www.moodyendowment.org

Who are the executives of The Moody Endowment and what are their salaries?

There 8 volunteers at The Moody Endowment.

Here are 13 key members and their salaries:


Mr Jeff Eppinette (Treasurer)
  • Compensation: $0
  • Related: $292,688
  • Other: $43,319
Ms Bridgette Newman (Board Secretary)
  • Compensation: $0
  • Related: $28,207
  • Other: $5,359
Mr Stefan Stamoulis (Dir.- President)
  • Compensation: $0
  • Related: $23,000
  • Other: $0
Mrs Frances Moody Dahlberg (Chairman)
  • Compensation: $5,000
  • Related: $18,000
  • Other: $0
Mr Jack Moody (Director)
  • Compensation: $0
  • Related: $18,000
  • Other: $0
Mr Russell Moody (Dir. - V. Chair)
  • Compensation: $0
  • Related: $18,000
  • Other: $0
Mr Stephen Glasgow (Director)
  • Compensation: $0
  • Related: $18,000
  • Other: $0
Dr Tom Blackwell (Director)
  • Compensation: $0
  • Related: $18,000
  • Other: $0
Ms Belinda Bales (Board Secretary)
  • Compensation: $0
  • Related: $11,081
  • Other: $2,694
Mrs Ann Moody (Director)
  • Compensation: $0
  • Related: $9,000
  • Other: $0
Mr Elvin J Pederson (Director)
  • Compensation: $0
  • Related: $4,500
  • Other: $0
Mr Robert L Moody Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Ross Moody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moodyendowment.org

Where can I find the form 990 for The Moody Endowment?

The Moody Endowment's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.moodyendowment.org

Learn more at the official website: www.moodyendowment.org

Mission Statement of The Moody Endowment

The Moody Endowment, as per its IRS filings, is committed to providing an endowment and making grants to support organizations with a mission similar to that of the Transitional Learning Center at Galveston. This nonprofit focuses on three main areas: rehabilitation programs, social services, and research.

Firstly, The Moody Endowment supports organizations that conduct rehabilitation programs, including transitional living programs and independent living programs. The goal is to help individuals recover from various challenges and reintegrate into active lives.

Secondly, the nonprofit is involved in providing social services and conducting sociological studies. This aspect of their mission seeks to improve the lives of individuals and communities by offering essential services and conducting research to better understand societal issues.

Lastly, The Moody Endowment supports organizations that conduct research in the field of neurological disorders. Their aim is to promote the recovery of individuals suffering from these conditions and to further scientific understanding in this area. Additionally, they fund informational programs and engage in other charitable, scientific, literary, or educational activities.

In essence, The Moody Endowment's mission is to support organizations that work towards the rehabilitation of individuals, provide social services, and conduct research in neurological disorders, aiming to improve the quality of life for those in need.

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Impact




October, 2024

The Moody Endowment significantly impacts individuals and communities by providing essential funding to support the Transitional Learning Center in Galveston and similar charitable organizations. It plays a crucial role in enhancing their operational and infrastructure capabilities, which are vital for conducting rehabilitation and transitional living programs. By facilitating social services, sociological studies, and research on head injuries and neurological disorders, the endowment promotes the recovery and reintegration of affected individuals into active lives.

Moreover, its commitment to educational initiatives and informational programming enriches community knowledge and resources. The endowment not only addresses immediate rehabilitation and treatment needs but also contributes to the broader understanding of neurological conditions, thereby fostering a supportive environment for research and development in this critical field. The cumulative effect of these efforts enhances the quality of life for many, making a tangible difference in the lives of those striving to overcome challenges associated with brain injuries and neurological disorders.




This information is meant to be a general summary of The Moody Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,432,271 (2023)
Expenses
$4,453,018 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30,432,271
  • Gross Receipts: $36,398,064

Assets and Liabilities:

  • Total Assets: $613,226,127
  • Total Liabilities: $100,000
  • Net Assets: $613,126,127

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Organization Details

Founding Year

1985

Principal Officer

Mrs Frances Moody Dahlberg

NTEE Category

Code: B280 - Education

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