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Wednesday, December 13, 2017

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The Moody Foundation
Foundation Spotlight

December, 2006

Since 1942 when it was established by prominent Galvestonians W.L. Moody, Jr. and his wife Libby Rice Shearn Moody with the mission “to benefit in perpetuity present and future generations of Texans,” the Moody Foundation has been proactively developing projects that meet community needs. From bolstering relief efforts from the Texas City chemical explosion in 1947 to enabling the Galveston Historical Foundation to purchase and renovate the historic buildings and landmarks of the island to supporting the Lone Star Performing Arts Association, Inc. in 2005, the Moody Foundation has been instrumental in the revitalization of the Galveston region both in physical appearance and in the people that live and do business there. In fact, the board has reflected that the majority of their grants are awarded to an aspect of restoration.

“The theme of restoration extends from architectural restoration to restoring lives through medical advances,” said Frances Moody - Dahlberg, Executive Director of the Foundation.

In the last two years the Moody Foundation has worked with organizations devoted to restoring neglected neighborhoods, restoring one of Texas' primary water sources, restoring health, restoring hope for those with mental health issues and to children and adults facing life-threatening illness, and restoring women and children to help break the cycle of abuse. In order to expand this restoration process into other parts of Texas, in 1996, the Foundation established its first office outside of Galveston to pursue grant-making in North Texas. Now, they have placed emphasis on grants that focus on children’s issues and environmental projects in the Austin area and social services and arts education in Dallas.

The Moody Foundation currently has assets of approximately $1 billion, making them one of the largest foundations in Texas. Although a substantial portion of the Foundation’s available funding is allocated to their foundation-initiated Galveston Island Projects- the Moody Gardens and the Transitional Learning Center at Galveston- they continue to award 20-30 additional grants each year to organizations in these areas. One of their largest grants so far this year was to KLRU-TV, Austin's public television station. The grant will assist KLRU in developing a new funding model for public broadcasting based on integrated online communications, including internet- based database management, staff training, and market research, all designed to decrease dependence on pledge drives and increase and diversify the station’s donor base.

For more information on the Moody Foundation and to see if you’re a right fit, visit TXNP’s foundation directory at www.txnp.org. Only members can access this information, so don’t be left out! Join TXNP today!



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