Permanent Endowment Fund of Moody Methodist Church
The Permanent Endowment Fund of the Moody Memorial First Methodist Church (PEF) is a public charity based in Galveston, Texas, formed in 1980. It supports religious, charitable, educational, and missional purposes of Moody Methodist Church and the United Methodist Church through grants to the church and other organizations.
Permanent Endowment Fund of Moody Methodist Church at a glance
In short: Permanent Endowment Fund of Moody Methodist Church gave $24.2M across 119 grants in 2024 (avg $203K), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $24,162,479
- +133.9% vs 2023
- Grants made (2024)
- 119
- +11.2% vs 2023
- Average grant
- $203,046
- +110.3% vs 2023
- Median grant
- $40,000
- Total assets
- $412,025,898
- +233.5% vs 2023
- Primary geography
- Texas (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Permanent Endowment Fund of Moody Methodist Church
- Contact
Mailing address: 2200 Market Street, Galveston, TX 77550
Phone: (409) 443-5577
Website: https://moodypef.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
4 open opportunities from Permanent Endowment Fund of Moody Methodist Church
Grant Cycle 1 - Religious Mission and Ministry Grant
Permanent Endowment Fund of Moody Methodist Church
Amount
Varies
Deadline
Deadline not published
Grant Cycle 2 - Health and Wellness Services Grant
Permanent Endowment Fund of Moody Methodist Church
Amount
Varies
Deadline
Deadline not published
Grant Cycle 2 - Self-Reliance Services Grant
Permanent Endowment Fund of Moody Methodist Church
Amount
Varies
Deadline
Deadline not published
Who Permanent Endowment Fund of Moody Methodist Church funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Galveston ISD ($10.3M across 2 grants). Together the top 10 received $19.9M.
Grant Size Distribution
466 grants across all recorded years
The most common grant size was under $50K: 246 grants of 466 (53%).
Geographic Focus
Where this funder awards grants
PEF’s grant-program descriptions say it supports nonprofit organizations serving people in Galveston and around the world. In 2024, 98% of grant dollars went to recipients in Texas; the listed shares for Georgia, Ohio, Oklahoma, and California were 1%, 0%, 0%, and 0%, respectively.
Grant Distribution by State
Share of 2024 grant dollars across all 119 itemized grants.
States
Cities
How Permanent Endowment Fund of Moody Methodist Church gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $4.4M (2021) to $24.2M (2024). In 2024 it made 119 grants totaling $24.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Galveston ISD Galveston, TX | Performing Arts Center | $8,100,000 |
| Galveston ISD Galveston, TX | Operating Budget (Content Specialists) | $2,250,000 |
| Moody Memorial First United Methodist Church Galveston, TX | Operating Budget | $1,550,000 |
| Houston Methodist Hospital Foundation Houston, TX | Spiritual Care Clinical Pastoral Education Center | $1,500,000 |
| Moody Memorial First United Methodist Church Galveston, TX | Trustees Budget | $1,320,485 |
| Moody Memorial First United Methodist Church Galveston, TX | Trustees Priority Maintenance Projects | $1,025,125 |
| Texas Annual Conference of the United Methodist Church Houston, TX | Vitality & Leadership | $700,000 |
| Moody Methodist Day School Galveston, TX | Moody Methodist Day School | $600,000 |
| Moody Methodist Day School Galveston, TX | Moody Methodist Day School | $550,000 |
| First Baptist Church Galveston Galveston, TX | HVAC for the Education Building for First Baptist Church, Galveston | $375,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $412,025,898 | $312,657,414 | $25,828,349 | $24,162,479 | 119 | $20,124,034 |
| 2023 | $123,555,922 | $19,121,503 | $11,625,776 | $10,330,970 | 107 | $4,366,415 |
| 2022 | $104,208,828 | $12,563,184 | $9,842,261 | $8,905,210 | 94 | $4,328,899 |
| 2021 | $123,313,594 | $19,045,257 | $5,182,237 | $4,375,249 | 67 | $10,919,317 |
| 2020 | $111,006,761 | $14,451,049 | $10,570,720 | $9,791,972 | 79 | $6,308,906 |
| 2019 | $101,038,593 | $13,803,071 | $10,245,661 | $8,874,476 | 1 | $13,718,910 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
PEF’s stated mission is to “hold, administer and distribute funds exclusively to and in aid of the religious, charitable and educational purposes of Moody Methodist Church.” Its program description says it aids the religious, charitable, educational, and missional purposes of Moody Methodist Church and the United Methodist Church.
The funder’s active grant cycles include Religious Mission and Ministry, Health and Wellness Services, and Self-Reliance Services. The programs describe support for faith-based direct human services, health services and caregiver support, and services such as financial literacy, job counseling, and vocational training.
Grantees’ own descriptions illustrate the kinds of organizations supported. Moody Methodist Day School says it provides a safe, caring Christian environment for children. Smart Family Literacy Inc describes its work as educational outreach and literacy for young children and families. St. Vincent’s House describes itself as a social-services and community-outreach agency serving disadvantaged, underserved, and working-poor residents of the greater Galveston community. Libbie’s Place says it provides older adults with assistance with daily living activities and caregiver support.
Grantmaking
In 2024, PEF reported 119 grants totaling $24,162,479. Grant amounts ranged from $1,000 to $8,100,000, with a median of $40,000.
Among the largest 2024 grants were $8,100,000 to Galveston ISD for a Performing Arts Center; $2,250,000 to Galveston ISD for its operating budget for content specialists; $1,550,000 to Moody Memorial First United Methodist Church for its operating budget; and $1,500,000 to Houston Methodist Hospital Foundation for a Spiritual Care Clinical Pastoral Education Center. Other large awards included $1,320,485 to Moody Memorial First United Methodist Church for its trustees budget and $1,025,125 for trustees priority maintenance projects.
PEF’s listed active grant cycles invite organizations to apply and require completion of an eligibility quiz. The available program descriptions do not specify application materials or deadlines.
Leadership & Key People
Leadership team and compensation from IRS filings
The Moody Methodist Church Charge Conference annually elects PEF directors through the process described in the organization’s revised bylaws. The 2024 filing listed Bill Glenn III as Chair and Director; Ramona Webb Holbrook as Secretary and Director; Armin Cantini, Edie Harrington, Matthew Hay, Donna Lang, Jere Pederson, Danica Premirelli, and Kelly Schwab as Directors; and Bert Bagley as Executive Director.
Permanent Endowment Fund of Moody Methodist Church is led by Bert R Bagley, Executive Director since 2020 (on filings since 2019); 2 of 10 officers listed in 2024 are compensated.
Officers on the 2024 filing
Bert R Bagley
Executive Director
CEO → Executive Director, 2020
On filings since 2019
40 hrs/week
$149K (2019) → $163K (2024)
Bill Glenn III
Chair & Director
New on the 2024 filing
5 hrs/week
No compensation reported
Danica Premirelli
Director
On filings since 2023
40 hrs/week
$96K (2024)
Jere Pederson
Director
On filings since 2019
5 hrs/week
No compensation reported
Edie Harrington
Director
On filings since 2021
5 hrs/week
No compensation reported
Matthew Hay
Director
On filings since 2021
5 hrs/week
No compensation reported
Ramona Webb Holbrook
Secretary & Director
On filings since 2023
5 hrs/week
No compensation reported
Armin Cantini
Director
New on the 2024 filing
5 hrs/week
No compensation reported
Donna Lang
Director
New on the 2024 filing
5 hrs/week
No compensation reported
Kelly Schwab
Director
New on the 2024 filing
5 hrs/week
No compensation reported
Former officers (15)
- Former: Randall K Robinson (2019–2023) — CFO
- Former: Roland Louis Bassett (2019–2023) — Director
- Former: Jay Sims (2020–2023) — Chair & Director
- Former: Linda Mignerey (2020–2023) — Director
- Former: E Jerome Pederson (2023) — Director
- Former: Gail Ayers Cantini (2019–2022) — Director
- Former: Carolyn Cox (2020–2022) — Director
- Former: Kimblyn N Raschke (2020–2022) — Chair
- Former: Ramona Webb (2021–2022) — Director
- Former: Fred Anthony Odom (2019–2020) — Director
- Former: Renee McDonald Templer (2019–2020) — Director
- Former: Scott M James (2019–2020) — Chair
- Former: Kim Raschke (2019) — Director
- Former: Samanta Seale (2019) — Secretary
- Former: Steve Conner (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $163K, to Bert Bagley (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Permanent Endowment Fund of Moody Methodist Church
How much does Permanent Endowment Fund of Moody Methodist Church give each year?
Permanent Endowment Fund of Moody Methodist Church gave $24.2M across 119 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $10.3M across 107 grants.
What is Permanent Endowment Fund of Moody Methodist Church's typical grant size?
Permanent Endowment Fund of Moody Methodist Church's median grant in 2024 was $40,000, and its average grant was $203,046, across 119 grants on its 2024 IRS Form 990.
Where does Permanent Endowment Fund of Moody Methodist Church give grants?
Permanent Endowment Fund of Moody Methodist Church gives mostly in Texas: 98% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Galveston, TX (50 grants), Houston, TX (29 grants), Atlanta, GA (6 grants) and Texas City, TX (3 grants).
Does Permanent Endowment Fund of Moody Methodist Church give general operating support?
Yes: 29% of Permanent Endowment Fund of Moody Methodist Church's 2024 grants with a stated purpose (34 of 119) were for general or operating support, per its 2024 IRS Form 990.
Who are Permanent Endowment Fund of Moody Methodist Church's largest grantees?
Permanent Endowment Fund of Moody Methodist Church's largest 2024 grantees include Galveston ISD ($10,350,000 across 2 grants), Moody Memorial First United Methodist Church ($4,357,139 across 12 grants) and Houston Methodist Hospital Foundation ($1,500,000), according to its 2024 IRS Form 990. Together they received 67% of its itemized 2024 grant dollars.
How large is Permanent Endowment Fund of Moody Methodist Church?
Permanent Endowment Fund of Moody Methodist Church reported $412.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $312.7M.
What does Permanent Endowment Fund of Moody Methodist Church fund?
PEF’s stated mission is to “hold, administer and distribute funds exclusively to and in aid of the religious, charitable and educational purposes of Moody Methodist Church.” See mission & focus areas ↑
How do I apply for a grant from Permanent Endowment Fund of Moody Methodist Church?
Permanent Endowment Fund of Moody Methodist Church has no public application process in the sources Grantable reviewed. Check moodypef.org for current guidelines, or contact the foundation directly before submitting a request.
What is Permanent Endowment Fund of Moody Methodist Church's EIN?
Permanent Endowment Fund of Moody Methodist Church's EIN (Employer Identification Number) is 76-0680471. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 19, 2021)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 3, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Permanent Endowment Fund of Moody Methodist Church's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Permanent Endowment Fund of Moody Methodist Church funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/permanent-endowment-fund-of-moody-methodist-church-morg_a7fc241cd66e4dfe9c45f1f6f6925278
BibTeX
@misc{grantable_760680471_2026,
author = {{Grantable}},
title = {{Permanent Endowment Fund of Moody Methodist Church funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/permanent-endowment-fund-of-moody-methodist-church-morg_a7fc241cd66e4dfe9c45f1f6f6925278},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Permanent Endowment Fund of Moody Methodist Church's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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