Gloria Narramore Moody Foundation Inc
Gloria Narramore Moody Foundation Inc is a private foundation, based in Hoover, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 10 grants totaling $104K. Net investment income was $61K.
Key facts about Gloria Narramore Moody Foundation Inc
In short: Gloria Narramore Moody Foundation Inc gave $104K across 10 grants in 2024 (avg $10K), mostly in Alabama. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 63-4020569
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $104,000
- Grants made (2024)
- 10
- Average grant
- $10,400
- Median grant
- $9,000
- New grantees (estimate)
- 20% first-time grantees (2 of 10, 2024)
- Total assets
- $1,450,684
- Primary geography
- Alabama (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-1.4% YoY
Annual Giving
$104K
+10.7% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$10K
+10.7% YoY
Under IRS private-foundation payout rules, Gloria Narramore Moody Foundation Inc reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
Is Gloria Narramore Moody Foundation Inc open to new grantees?
20%
first-time grantees, 2024
In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $4K; repeat grants $12K. How we count
Medians: $4K first-time, $12K repeat.
- 80% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−6%). Method
- In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $94K (2023) to $125K (2022). In 2024 it made 10 grants totaling $104K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Alabama Symphony Orchestra ($20K). Together the top 10 received $104K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alabama Symphony Orchestra Birmingham, AL | To Encourage and Support the Arts | $20,000 |
| Red Mountain Theatre Birmingham, AL | To Encourage and Support the Arts | $20,000 |
| Childrens Hospital of Alabama Birmingham, AL | To Support Higher Education | $15,000 |
| Music for Kids School Birmingham, AL | To Encourage and Support the Arts | $14,000 |
| Rose Center University of Alabama Birmingham, AL | To Support Higher Education | $10,000 |
| Unless University Birmingham, AL | To Support Higher Education | $8,000 |
| The University of Alabama Tuscaloosa, AL | To Support Higher Education | $5,000 |
| Mason Music Foudation Hoover, AL | To Encourage and Support the Arts | $5,000 |
| Mountain Brook High School Birmingham, AL | To Support Higher Education | $4,000 |
| Hebron Baptist Church Birmingham, AL | To Encourage and Support the Arts | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,450,684 | $1,471,386 | $1,450,296 |
| Revenue | $104,064 | $135,993 | $42,059 |
| Expenses | $124,766 | $114,903 | $161,963 |
| Qualifying Distributions | $104,000 | $93,959 | $125,000 |
| Net Investment Income | $61,131 | $60,900 | $38,411 |
| Distributable Amount | $101,320 | $95,238 | $102,317 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Gloria Narramore Moody Foundation Inc is led by Madeline T. Boles, President on every filing since 2023; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Madeline T. Boles
President
On filings since 2023
20 hrs/week
No compensation reported
Celeste Burnum
Vice President
On filings since 2020
No compensation reported
David Davis
Secretary
On filings since 2020
No compensation reported
Hugh Rowe Thomas
Vice President Marketing & Development
On filings since 2020
No compensation reported
Larry W. O'Neal
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Gloria N. Moody (2020–2022) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Gloria Narramore Moody Foundation Inc
How much does Gloria Narramore Moody Foundation Inc give each year?
Gloria Narramore Moody Foundation Inc gave $104K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $94K across 10 grants.
What is Gloria Narramore Moody Foundation Inc's typical grant size?
Gloria Narramore Moody Foundation Inc's median grant in 2024 was $9,000, and its average grant was $10,400, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Gloria Narramore Moody Foundation Inc that year got $4K on average.
Where does Gloria Narramore Moody Foundation Inc give grants?
Gloria Narramore Moody Foundation Inc gives mostly in Alabama: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Birmingham, AL (8 grants).
Does Gloria Narramore Moody Foundation Inc give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on Gloria Narramore Moody Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Encourage and Support the Arts" (5 grants) and "To Support Higher Education" (5 grants).
Who are Gloria Narramore Moody Foundation Inc's largest grantees?
Gloria Narramore Moody Foundation Inc's largest 2024 grantees include Alabama Symphony Orchestra ($20,000), Red Mountain Theatre ($20,000) and Childrens Hospital of Alabama ($15,000), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.
How large is Gloria Narramore Moody Foundation Inc?
Gloria Narramore Moody Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $104K in qualifying distributions that year, against a required minimum of $101K (roughly 5% of its investment assets).
What is Gloria Narramore Moody Foundation Inc's EIN?
Gloria Narramore Moody Foundation Inc's EIN (Employer Identification Number) is 63-4020569. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Gloria Narramore Moody Foundation Inc by hand.
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