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MOODYS FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MOODYS FOUNDATION (EIN 13-4200757)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-06
IRS object ID
202411279349102141
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-06T12:28:36-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134200757EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MOODYS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMOODBusinessNameControlTxt
Phone2125530300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 WORLD TRADE CENTER 250 GREENWICHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10007ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDan KeanePersonNm
Person TitleTreasurerPersonTitleTxt
Signature2024-05-06SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDanPersonFirstNm
Person LastKeanePersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$12,598,123FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$577,054InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$577,054InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$577,054InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$577,054TotalRevAndExpnssAmt
Total Net Invst Incm$577,054TotalNetInvstIncmAmt
Total Adj Net Incm$577,054TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$445,975OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$445,975OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$160,779OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$160,779OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$606,754TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$606,754TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$4,878,438ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$4,878,438ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,485,192TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$5,485,192TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,908,138ExcessRevenueOverExpensesAmt
Net Investment Income$577,054NetInvestmentIncomeAmt
Adjusted Net Income$577,054AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$17,506,099CashBOYAmt
Cash EOY$12,598,123CashEOYAmt
Cash EOYFMV$12,598,123CashEOYFMVAmt
Total Assets BOY$17,506,099TotalAssetsBOYAmt
Total Assets EOY$12,598,123TotalAssetsEOYAmt
Total Assets EOYFMV$12,598,123TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$17,506,099NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$12,598,123NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$17,506,099TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,598,123TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$17,506,099TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,598,123TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$17,506,099TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,908,138ExcessRevenueOverExpensesAmt
Other Increases$162OtherIncreasesAmt
Subtotal$12,598,123SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,598,123TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$8,021InvestmentIncomeExciseTaxAmt
Subtotal$8,021SubtotalAmt
Tax Based On Investment Income$8,021TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$378EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$378TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$355EsPenaltyAmt
Tax Due$7,998TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresshttps://csr.moodys.io/foundationWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Moodys Shared Services IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125530330PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17 World Trade Center 250 GreenwichAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10007ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonStatement 7PersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Statement 7AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10007ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos0.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Village Capital (Vilcap, Inc.) Our mission is to reinvent the system to back the entrepreneurs of the future. Our vision is a future where business builds equity and long-term prosperity.Description1Txt
Expenses1$950,000Expenses1Amt
Description2America Online Giving Foundation. Our mission is to connect causes with the world's largest companies and their employees, using technology to transform the way they receive funds and freeing up their time and resources to focus on delivering community impact.Description2Txt
Expenses2$699,415Expenses2Amt
Description3World Wildlife Fund, WWF's mission is to create a future where people and nature can thrive. To address today?s dual crises of climate change and biodiversity loss, WWF works to stop the degradation of the planet's natural environment, conserve the world's biological diversity, ensure that the use of renewable natural resources is sustainable, and promote the reduction of pollution and wasteful consumption.Description3Txt
Expenses3$600,000Expenses3Amt
Description4Weconnect International Inc. WEConnect International helps drive money into the hands of women business owners by enabling them to compete in the global marketplace.Description4Txt
Expenses4$453,000Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,593,351AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$16,593,351TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$16,593,351AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$248,900CashDeemedCharitableAmt
Net Vl Noncharitable Assets$16,344,451NetVlNoncharitableAssetsAmt
Minimum Investment Return$817,223MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$817,223MinimumInvestmentReturnAmt
Tax Based On Investment Income$8,021TaxBasedOnInvestmentIncomeAmt
Total Tax$8,021TotalTaxAmt
Distributable Before Adj$809,202DistributableBeforeAdjAmt
Distributable Before Ded$809,202DistributableBeforeDedAmt
Distributable As Adjusted$809,202DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$5,485,192ExpensesAndContributionsAmt
Qualifying Distributions$5,485,192QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$809,202DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$5,163,565ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$4,245,748ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$5,010,241ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,661,909ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$5,139,852ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,221,315TotalExcessDistributionCyovAmt
Qualifying Distributions$5,485,192QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$809,202AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,675,990RemainingDistriFromCorpusAmt
Total Corpus$27,897,305TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$5,163,565ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$22,733,740ExcessDistriCyovToNextYrAmt
Excess From Year4$4,245,748ExcessFromYear4Amt
Excess From Year3$5,010,241ExcessFromYear3Amt
Excess From Year2$3,661,909ExcessFromYear2Amt
Excess From Year1$5,139,852ExcessFromYear1Amt
Excess From Current Year$4,675,990ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSTATEMENT 6RecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17 WTC 250 GREENWICH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10007ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2125533667RecipientPhoneNum
Form And Info And MaterialsSTATEMENT 6FormAndInfoAndMaterialsTxt
Submission DeadlinesSTATEMENT 6SubmissionDeadlinesTxt
Restrictions On AwardsThe Moody's Foundation is committed to supporting a variety of initiatives in communities where its employees work.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSTATEMENT 8RecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17 WTC 250 Greenwich STAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10007ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeEducationGrantOrContributionPurposeTxt
Amt$4,878,438Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$4,878,438TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$577,054ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$577,054ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$577,054TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Distribution From Corpus Election DistributionFromCorpusElection

FieldValueIRS element (for citing)
ElectionPursuant to IRC Section 4942(h)(2) and Regulation 53.4942(a)-3(d)(2), the foundation hereby elects to treat current year qualifying distributions in excess of the immediately preceding tax year's undistributed income as being made out of corpus.ElectionDesc

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROCESSING FEE/ ADMINISTRATIVE FEE$70,779$70,779
SOFTWARE MAINTENANCE FEE$90,000$90,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescOther IncreasesDesc
Amt$162Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryOTHER PROFESSIONAL SERVICESCategoryTxt
Amt$445,975Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$445,975DisbursementsCharitablePrpsAmt

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