The Moody Foundation is a charitable foundation incorporated in Texas and based in the island city of Galveston. It was chartered in 1942 by William Lewis Moody, Jr. and his wife Libbie Shearn Rice Moody "to benefit, in perpetuity, present and future generations of Texans." Founded: August 22, 1942 Area served: Texas Endowment: $1.197 billion USD Founders: William Lewis Moody Jr., Libbie Shearn Rice Moody Type of business: Grant making private foundation, (IRS exemption status): 501(c)(3)

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