The Mary Moody Northen Endowment logo

The Mary Moody Northen Endowment

GALVESTON, TX EIN: 75-1171741 Website

The Mary Moody Northen Endowment is a private charitable foundation established in 1964 and based in Galveston, Texas. The organization operates as a 501(c)(3) independent foundation with a mission to support causes aligned with the philanthropic interests of its founder. The Endowment maintains its main office in a cottage at 2628 Broadway in Galveston, located on the grounds of Moody Mansion, which the foundation has restored and operates as a house museum.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$86.6M

+1.7% YoY

Annual Giving

$4.4M

-6.9% YoY

Grant Count

59

+18.0% YoY

Avg Grant Size

$74K

-21.1% YoY

Under IRS private-foundation payout rules, The Mary Moody Northen Endowment reported a distributable amount of $3.8M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Mary Moody Northen Endowment is a charitable foundation that awards grants to support environmental, social service, educational, and historical projects benefitting people and institutions in Virginia and Texas.

The Endowment's interests are broad and include:

  • Health and human services
  • Education
  • Cultural arts
  • Historic preservation
  • Environmental issues
  • Community development and civic affairs
  • Wildlife and the environment

Historically, the Mary Moody Northen Endowment has given priority to needs in the immediate Galveston area.

Grantmaking

The Endowment currently welcomes applications for:

How to Apply

Applicants can submit applications online. The Endowment provides:

Ready to take the next step with The Mary Moody Northen Endowment?

Geographic Focus

Where this funder awards grants

The Mary Moody Northen Endowment makes grants to organizations working in:

  • The State of Texas (with historical priority given to Galveston County)
  • The Commonwealth of Virginia (specifically Giles County)

Grant Distribution by State

2states

Cities

AlvinAnnaAustinBuffalo GapChristianburgCollege StationDallasGalvestonHoustonKemahLa MarqueLake JacksonLeague CityMt LakeNacogdochesPearisburgPearlandPembrokePort BolivarRich Creek

Financial History

Multi-year comparison from IRS filings

Metric Amount Year
Total Assets $86,645,887 2024
Total Revenues $6,918,894 2024
Total Expenses $5,633,952 2024
Total Giving $4,357,950 2024
Revenue (Form 990-PF) $4,411,880 2023

Financial Notes:

  • The Endowment generates revenue from room and food sales at Mountain Lake Lodge to defer costs related to maintenance and tourism.
  • The organization maintains significant assets relative to annual giving, indicating a long-term endowment structure.
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$31M$46M$61M20202021202220232024
Metric202420232022
Total Assets$86,645,887$85,206,884$79,931,870
Revenue$6,918,894$4,411,880$55,466,688
Expenses$5,633,952$6,143,732$10,017,148
Qualifying Distributions$5,198,852$5,480,394$4,466,641
Net Investment Income$4,655,693$4,016,809$48,815,939
Distributable Amount$3,837,841$3,488,292$2,555,185

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M36 grants202031 grants202152 grants202250 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BROADWAY MONUMENT LLC$1.4MMOUNTAIN LAKE LLC$1.1MCENTER FOR 20TH CENTURY …$694KROSENBERG LIBRARY$119KGALVESTON CHILDREN'S MUS…$100KGALVESTON COLLEGE FOUNDA…$60KGALVESTON HISTORCIAL FOU…$59KGILES COUNTY$55KGALVESTON COUNTY RECOVER…$50KGILES COUNTY DISASTER RE…$50K

Grant Size Distribution

217 grants across all recorded years

182<$50K17$50–100K7$100–250K3$250–500K4$500K–1M4$1–5M$5M+

Open Grants

1 open opportunity from The Mary Moody Northen Endowment

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Broadway Monument Llc ($1,422,093), Mountain Lake Llc ($1,060,116), Center for 20th Century Texas Studies ($694,000).

RecipientPurposeAmount
ADA WOMEN'S RECOVERY CENTER GALVESTON, TXGENERAL$8,000
ALBERT SCHWEITZER FELLOWSHIP HOUSTON, TXGENERAL$10,000
BALL HIGH SCHOOL GALVESTON, TXEDUCATIONAL$1,500
BOLIVAR POINT LIGHTHOUSE FND PORT BOLIVAR, TXGENERAL$20,000
BROADWAY MONUMENT LLC GALVESTON, TXOPERATE THE BROADWAY PROPERTY$1,422,093
CASA OF GALVESTON COUNTY TEXAS CITY, TXGENERAL$10,000
CATHOLIC CHARITIES HOUSTON, TXGENERAL$15,000
CENTER FOR 20TH CENTURY TEXAS STUDIES GALVESTON, TXOPERATE THE MOODY MANSION & MUSEUM$694,000
CFNRV-BELLE BEND FUND CHRISTIANBURG, VAGENERAL$1,000
CHURCH OF THE LIVING GOD GALVESTON GALVESTON, TXGENERAL$4,000

Leadership & Key People

Leadership team and compensation from IRS filings

Founder: Mary Moody Northen

Mary Elizabeth Moody Northen (1892–1986) was a Galveston businesswoman and philanthropist. She was the eldest of four children born to W.L. Moody, Jr., and Libbie Rice Shearn Moody. After her father's death in 1954, she assumed leadership of more than 50 family enterprises and guided their growth for three decades until her death in 1986.

During her lifetime, she directed:

  • American National Insurance Company
  • Moody National Bank
  • Mountain Lake Lodge (Virginia)
  • Numerous hotel and ranching operations across the country

She also served as founding chair of The Moody Foundation, established by her parents, which became one of the largest philanthropic foundations in Texas. Mary Moody Northen was featured on the cover of Newsweek Magazine and was referred to as "The First Lady of Finance."

Current Operations

The Endowment operates with 3 employees.

Compensation Overview

From 2024 IRS filing

BETTY MASSEYEXECUTIVE DIRECTOR$198KG WILLIAM RIDERPRESIDENT/DIRECTOR$45KROBERT L MOODY JRVICE PRESIDENT/DIRECTOR$45KLAURA S PROTZSECRETARY/TREASURER/DIRECTOR$45K

From 2024 filing

NameTitleHoursCompensation
G WILLIAM RIDERPRESIDENT/DIRECTOR6$45,000
ROBERT L MOODY JRVICE PRESIDENT/DIRECTOR3$45,000
BETTY MASSEYEXECUTIVE DIRECTOR40$198,459
LAURA S PROTZSECRETARY/TREASURER/DIRECTOR8$45,000

Contact Information

Mailing Address: 2618 Broadway Galveston, TX 77550

Physical Address: 2628 Broadway Galveston, TX 77550

Phone: (409) 765-9770 Fax: (409) 762-7055

Website: northenendowment.org

EIN: 75-1171741

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Mary Moody Northen Endowment fund?

The Mary Moody Northen Endowment is a charitable foundation that awards grants to support environmental, social service, educational, and historical projects benefitting people and institutions in Virginia and Texas. The Endowment's interests are broad and include: • Health and human services • Education • Cultural arts • Historic preservation • Environmental issues • Community development and civic affairs • Wildlife and the environment Historically, the Mary Moody Northen Endowment has given …

How do I apply for a grant from The Mary Moody Northen Endowment?

The Endowment currently welcomes applications for: **Galveston Community Impact Grant** • Grant amount: Up to $20,000 • Focus: Essential purchases and renovations for non-profit organizations • Geographic scope: Virginia and Texas • Eligible uses: Improvements to service delivery and energy efficiency • Application notes: Organizations can submit multiple applications; the Endowment encourages cooperative efforts and leveraging of additional funding. Detailed program budgets are required for sp…

Where does The Mary Moody Northen Endowment make grants?

The Mary Moody Northen Endowment makes grants to organizations working in: • The State of Texas (with historical priority given to Galveston County) • The Commonwealth of Virginia (specifically Giles County)

What size grants does The Mary Moody Northen Endowment award?

In 2024, The Mary Moody Northen Endowment awarded 59 grants totaling $4.4M — an average of about $74K per grant, based on its IRS Form 990 filings.

How much is The Mary Moody Northen Endowment required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mary Moody Northen Endowment reported a distributable amount of $3.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mary Moody Northen Endowment's EIN?

The Mary Moody Northen Endowment's EIN (Employer Identification Number) is 75-1171741. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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