Gordon E And Betty I Moore Foundation
- Assets
- $8.3b
- Revenue
- $654.2m
- Investments
- $8.0b
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 94-3397785
Organization Overview
Gordon E And Betty I Moore Foundation is located in Palo Alto, CA. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gordon E And Betty I Moore Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gordon E And Betty I Moore Foundation generated $654.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $456.1m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gordon E And Betty I Moore Foundation has awarded 12,687 individual grants totaling $4,235,357,205. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
IN ADDITION TO ITS GRANTMAKING, THE FOUNDATION ENGAGES DIRECTLY IN NUMEROUS ACTIVITIES TO SUPPORT OUR PROGRAM AREAS. DIRECT CHARITABLE EXPENSES IN THE AMOUNT OF $5,866,733 INCLUDE THE FOLLOWING ACTIVITIES:* CONVENING GROUPS OF EXPERTS, OTHER FOUNDATIONS, AND GRANTEES TO DISCUSS AND DISSEMINATE INFORMATION ABOUT POLICY, RESEARCH AND TRENDS* SUPPORTING FOUNDATION STAFF IN THEIR LEADERSHIP ROLES IN THEIR RESPECTIVE FIELDS, INCLUDING SERVICE ON BOARDS AND SHARING THEIR EXPERTISE WITH OTHERS* PROVIDING TECHNICAL ASSISTANCE TO GRANTEES AND OTHER PARTNERS INVOLVED IN OUR PROGRAMMATIC ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon E Moore Trustee | 1 | $0 | |
Rosina Bierbaum Trustee | 1 | $0 | |
John Dabiri Trustee | 1 | $0 | |
Paul Gray Trustee & Chair - Thru 8/22 | 2 | $0 | |
John Hennessy Trustee & Vice Chair | 1 | $0 | |
Kathleen Justice-Moore Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Generation Inv Management Llp | 12/30/22 | $2,082,944 |
Trowe Price | 12/30/22 | $1,477,086 |
Silchester International Investors | 12/30/22 | $775,116 |
Eagle Capital Management Llc | 12/30/22 | $739,990 |
Wellington Trust Company | 12/30/22 | $706,734 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,082,030 |
| Dividends & Interest | $9,199,600 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $218,310,739 |
| Capital Gain Net Income | $363,867,509 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $424,596,073 |
| Total Revenue | $654,188,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,034,994 |
| Other employee salaries and wages | $23,715,183 |
| Pension plans, employee benefits | $6,157,277 |
| Interest | $0 |
| Taxes | $13,943,814 |
| Depreciation | $2,170,126 |
| Occupancy | $1,883,792 |
| Travel, conferences, and meetings | $1,238,794 |
| Printing and publications | $20,187 |
| Other expenses | $1,930,873 |
| Total operating and administrative expenses | $73,079,705 |
| Contributions, gifts, grants paid | $383,028,212 |
| Total expenses and disbursements | $456,107,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,500 |
| Savings and temporary cash investments | $56,444,190 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,485,459 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,758,418,277 |
| Net Land, buildings, and equipment | $32,737,841 |
| Other assets | $230,190,093 |
| Total assets | $8,278,661,283 |
| Accounts payable and accrued expenses | $9,832,654 |
| Grants payable | $1,411,875 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $45,806,228 |
| Total liabilities | $57,050,757 |
Grants Awarded
Over the last fiscal year, Gordon E And Betty I Moore Foundation has awarded $496,188,740 in support to 1,165 organizations.
| Grant Recipient | Amount |
|---|---|
500 WOMEN SCIENTISTS PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $1,028 |
ABUNDANT GRACE COASTSIDE WORKER PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $25,000 |
ACADEMY HEALTH PURPOSE: TO DEVELOP AND DISSEMINATE A FRAMEWORK OF DIAGNOSTIC EQUITY AND ITS IMPLICATIONS FOR HEALTH SERVICES RESEARCH. | $574,725 |
ACADEMY HEALTH PURPOSE: IN SUPPORT OF THE 2022 ACADEMY HEALTH'S HEALTH DATAPALOOZA AND NATIONAL HEALTH POLICY CONFERENCE SPONSORSHIP, TO BE HELD APRIL 4-5 IN ARLINGTON, VIRGINIA. | $10,000 |
ACADEMY HEALTH PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $4,500 |
ACADEMY HEALTH PURPOSE: IN SUPPORT OF ACADEMY HEALTH'S 2023 HEALTH DATAPALOOZA CONFERENCE ON FEBRUARY 23-24, 2023 IN ARLINGTON, VIRGINIA. | $10,000 |