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MOODYS FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MOODYS FOUNDATION (EIN 13-4200757)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-04-28
IRS object ID
202301189349100105
Schema version
2022v5.0
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)
Return2023-04-28T06:54:21-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-04-28SignatureDt

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 Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$17,506,099FMVAssetsEOYAmt
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$187,068InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$187,068InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$187,068InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$187,068TotalRevAndExpnssAmt
Total Net Invst Incm$187,068TotalNetInvstIncmAmt
Total Adj Net Incm$187,068TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$943,255OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$943,255OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$58,604OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$58,604OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,001,859TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,001,859TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,182,908ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$5,182,908ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$6,184,767TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,184,767TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$5,997,699ExcessRevenueOverExpensesAmt
Net Investment Income$187,068NetInvestmentIncomeAmt
Adjusted Net Income$187,068AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$23,503,838CashBOYAmt
Cash EOY$17,506,099CashEOYAmt
Cash EOYFMV$17,506,099CashEOYFMVAmt
Total Assets BOY$23,503,838TotalAssetsBOYAmt
Total Assets EOY$17,506,099TotalAssetsEOYAmt
Total Assets EOYFMV$17,506,099TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$23,503,838NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$17,506,099NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$23,503,838TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$17,506,099TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$23,503,838TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$17,506,099TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$23,503,838TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$5,997,699ExcessRevenueOverExpensesAmt
Subtotal$17,506,139SubtotalAmt
Other Decreases$40OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$17,506,099TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,600InvestmentIncomeExciseTaxAmt
Subtotal$2,600SubtotalAmt
Tax Based On Investment Income$2,600TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,978EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,978TotalPaymentsAndCreditsAmt
Overpayment$378OverpaymentAmt
Applied To ES Tax$378AppliedToESTaxAmt

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 BylawsYes (true)ChangesToArticlesOrBylawsInd
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

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
FSG Inc
179 Lincoln Street 3rd FloorBostonMA02111Consulting$375,536
Mission Metrics LLC
200 N La Salle StChicagoIL60601Consulting$114,000

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Employee Driven - Matching Gifts/Dollars for Doers, Employee Matching Gift ProgramDescription1Txt
Expenses1$1,021,671Expenses1Amt
Description2Village Capital VilCap, Inc., Village Capital's work in financial services is specifically focused on identifying and scaling solutions that improve consumer and small business financial health.Description2Txt
Expenses2$570,000Expenses2Amt
Description3International Rescue Committee Inc., The International Rescue Committee (IRC) works in more than 40 countries and in 28 U.S. cities to help people affected by humanitarian crises to survive, recover and rebuild their lives.Description3Txt
Expenses3$450,000Expenses3Amt
Description4Global Giving., To transform aid and philanthropy to accelerate community-led change.Description4Txt
Expenses4$363,761Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,269,338AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$21,269,338TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$21,269,338AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$319,040CashDeemedCharitableAmt
Net Vl Noncharitable Assets$20,950,298NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,047,515MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,047,515MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,600TaxBasedOnInvestmentIncomeAmt
Total Tax$2,600TotalTaxAmt
Distributable Before Adj$1,044,915DistributableBeforeAdjAmt
Distributable Before Ded$1,044,915DistributableBeforeDedAmt
Distributable As Adjusted$1,044,915DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,184,767ExpensesAndContributionsAmt
Qualifying Distributions$6,184,767QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,044,915DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$3,097,340ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$5,163,565ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$4,245,748ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$5,010,241ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,661,909ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$21,178,803TotalExcessDistributionCyovAmt
Qualifying Distributions$6,184,767QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,044,915AppliedToCurrentYearAmt
Remaining Distri From Corpus$5,139,852RemainingDistriFromCorpusAmt
Total Corpus$26,318,655TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,097,340ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$23,221,315ExcessDistriCyovToNextYrAmt
Excess From Year4$5,163,565ExcessFromYear4Amt
Excess From Year3$4,245,748ExcessFromYear3Amt
Excess From Year2$5,010,241ExcessFromYear2Amt
Excess From Year1$3,661,909ExcessFromYear1Amt
Excess From Current Year$5,139,852ExcessFromCurrentYearAmt

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$5,182,908Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$5,182,908TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$187,068ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$187,068ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$187,068TotalIncomeProducingActyAmt

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 Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescOtherDesc
Amt$40Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROCESSING FEE/ ADMINISTRATIVE FEE$3,418$3,418
SOFTWARE MAINTENANCE FEE$54,439$54,439
Tax Payment$747$747

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Consulting Fees$489,536$0$0$489,536
OTHER PROFESSIONAL SERVICES$453,719$0$0$453,719

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