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Moody Gardens Inc. is a private corporation based in GALVESTON, TX. The foundation received its IRS ruling in 1989. The principal officer is Kathy Lebrun. It holds total assets of $74.3M. Annual income is reported at $74.7M. Total assets have grown from $19M in 2010 to $74.2M in 2023. The foundation is governed by 7 officers and trustees. Construction/maintenance/renovation of facilities at moody gardens for the park board of trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Moody Gardens Inc. has made 8 grants totaling $14.1M, with a median grant of $1.2M. Annual giving has grown from $2.3M in 2020 to $3.6M in 2023. Grantmaking activity was highest in 2022 with $5.9M distributed across 2 grants. Individual grants have ranged from $38K to $5.7M, with an average award of $1.8M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Construction/maintenance/renovation of facilities at moody gardens for the park board of trustees.
Expenses: $2.1M
Operation of public facilities at moody gardens for the park board of trustees.
Expenses: $38.3M
Operation of the golf course for the city of galveston
Expenses: $2.3M
Construction/maintenance/renovation for the golf course for the city of galveston.
Expenses: $228K
Construction/maintenance/renovation of facilities at moody gardens for the park board of trustees. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in TX.
Moody Gardens Inc. has distributed a total of $14.1M across 8 grants. The median grant size is $1.2M, with an average of $1.8M. Individual grants have ranged from $38K to $5.7M.
Moody Gardens Inc. typically selects its grantees rather than accepting unsolicited proposals.
Moody Gardens Inc. is headquartered in GALVESTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Zendt | PRESIDENT/DIRECTOR | $172K | $30K | $202K |
| Kathy Lebrun | CFO/TREASURER | $94K | $20K | $114K |
| E Douglas Mcleod | CHAIRMAN/DIRECTOR | $5K | $0 | $5K |
| John Ippolito | DIRECTOR/SECRETARY | $5K | $0 | $5K |
| Allan Matthews | DIRECTOR | $5K | $0 | $5K |
| Luis R Hernandez | VP/DIRECTOR/AUDIT COMM CHAIR | $4K | $0 | $7K |
| Maureen Patton | EX OFICIO BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$64.1M
Total Assets
$74.2M
Fair Market Value
N/A
Net Worth
$57.6M
Grants Paid
N/A
Contributions
$150K
Net Investment Income
$837K
Distribution Amount
N/A
Total Grants
8
Total Giving
$14.1M
Average Grant
$1.8M
Median Grant
$1.2M
Unique Recipients
2
Most Common Grant
$3.4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Park Board Of Trustees Of The City Of GalvestonConstruction/maintenance/RENOVATION OF FACILITIES AT MOODY GARDENS | Galveston, TX | $3.4M | 2023 |
| City Of GalvestonRENOVATION OF THE GOLF COURSE AT MOODY GARDENS | Galveston, TX | $249K | 2023 |