Frances Moody’s Estimated Net Worth Booms to $21.1 Million
Uncovering the Wealth of a Philanthropic Powerhouse
Frances Moody-Dahlberg, a self-made millionaire and generous philanthropist, has amassed an estimated net worth of $21.1 million. Her fortune stems largely from her extensive stake in National Western Life Inc. (NWLI) stock. Over the past 13 years, she has sold over $20,043,460 worth of NWLI stock, contributing to her financial success.
In addition to her stock holdings, Moody-Dahlberg receives a healthy annual salary of $126,777 as a Director at NWLI. She also benefits from the Moody Foundation’s recent acquisition of $2.5 billion from family trusts, which has further solidified the foundation’s financial position and amplified its capacity for charitable giving.
Insights into the Moody Foundation’s Impact
The Moody Foundation, where Moody-Dahlberg serves as a trustee, has grown into a major philanthropic force in Texas, with assets totaling an impressive $2.5 billion. The foundation has generously poured over half a billion dollars into educational initiatives over the past decade, underscoring its commitment to nurturing the future of Texas. Ross Moody, Frances Moody-Dahlberg, and Elle Moody lead the foundation, steering its strategic grant-making and shaping its ambitious goals.
Philanthropy and Animal Welfare
Moody-Dahlberg’s philanthropic endeavors extend beyond education to include a deep passion for animal welfare. She actively supports Citizens for Animal Protection and the Antioch Buzbee Ranch, demonstrating her dedication to animal care and well-being. Her generous contributions have enabled these organizations to expand their reach and impact the lives of countless animals in need.
Education as a Catalyst for Transformation
Moody-Dahlberg strongly believes in the transformative power of education. Her alma mater, Southern Methodist University, has received a $100 million gift from her, while Rice University has been the recipient of a $50 million donation, both of which support educational excellence and foster the development of future leaders. These substantial investments have had a profound impact on these institutions, providing essential resources and opportunities for students.
The Moody Foundation’s Commitment to Texas
The Moody Foundation’s focus on early learning and postsecondary success is a testament to its unwavering commitment to transforming Texas’s educational landscape. Its $1 billion pledge toward this goal sets a bold vision for the future of education in the state, aiming to expand access, improve quality, and prepare students for success in a rapidly changing world.
Conclusion
Frances Moody-Dahlberg’s remarkable success and philanthropic contributions have left an undeniable mark on Galveston and beyond. Her wealth, largely derived from her astute investments and the Moody Foundation’s substantial endowment, has enabled her to make a tangible difference in the lives of many. Moody-Dahlberg’s passion for education and animal welfare, coupled with her unwavering commitment to social impact, make her a true role model of generosity and a guiding force for positive change.