Is Moore Family Foundation Legit?

The Moore Family Foundation demonstrates strong financial health and consistent growth in assets over the past decade, increasing from $2.36 million in 2011 to $5.60 million in 2023. The foundation consistently operates with a healthy surplus, with revenues significantly exceeding expenses in most years, such as $843,763 in revenue against $314,975 in expenses in 2023. This indicates effective financial management and a capacity to build reserves for future programmatic activities. Spending efficiency appears high, as the foundation's expenses are consistently well below its revenues. For example, in 2023, expenses were only 37% of revenue. Given that the NTEE code T20 typically refers to grantmaking foundations, a significant portion of their expenses would likely be direct program grants. The absence of officer compensation reported across all filings suggests a lean operational structure, further contributing to efficiency. Transparency is generally good, with a consistent filing history of 990 forms. The lack of reported officer compensation across all available filings is a positive indicator of resource allocation directly to the mission. The foundation's minimal liabilities, consistently reported as $1 or $0, also points to sound financial practices and low financial risk.