The University of Texas at Austin (UT) announced that Robert L. Moody, a prominent businessman, philanthropist, and supporter of the university, passed away at the age of 88. The Moody Foundation, led by Moody, has contributed over $204 million to the University, playing a pivotal role in establishing and supporting various academic initiatives, including colleges, centers, institutes, programs, and venues. This loss is felt deeply within the institution where his impact will continue to be recognized for years to come.
One significant area in which the Moody Foundation made a difference is cultural promotion. The Moody Foundation, established in 1942, contributed $20 million to enhance the Blanton Museum of Art's outdoor spaces and supported free admission days, fostering art accessibility in the Austin community. The Moody Center, UT's new arena, was named after a historic $130 million grant—the university's largest foundation gift—benefiting Texas Athletics according to a press release by UT.
University officials have expressed their gratitude for the tremendous support provided by Bobby Moody and his foundation. "Words cannot adequately express our gratitude for the tremendous philanthropic support of Bobby Moody and the lasting impact the Moody Foundation’s contributions will have on UT, our students, our campus and our city," said President Jay Hartzell according to a press release by UT. "The unwavering commitment to education research and thriving community will continue to inspire and empower generations of Longhorns. The fabric of Austin will be forever strengthened by their generosity that fuels gathering places where we celebrate music art and athletic achievements."
Another significant contribution from Robert L. Moody came through his leadership role within his own organization. In 2013 as chairman of the Board of Trustees for the Moody Foundation, Moody led a $50 million commitment to establish the Moody College of Communication at The University of Texas at Austin, marking the largest endowment for communication studies among public universities nationally according to a press release by UT.
His philanthropy and dedication had a transformative impact on the college's experiences and is deeply recognized. "We are incredibly thankful that the Moody Foundation, under Robert Moody’s leadership, chose to invest in our college transforming the experiences of our students faculty and staff in remarkable ways," said Rachel Davis Mersey interim dean of Moody College of Communication according to a press release by UT. "We and the state of Texas as a whole are mourning a tremendous benefactor and leader."