In 1942, Moody and his wife set up the
Moody Foundation, to which a significant portion of Moody's estate was transferred after his death. The Moody Foundation purchased naming rights for
Moody Coliseum in
University Park, Texas, as well as
Moody Towers on the
University of Houston campus. The Foundation provided $1 million (equivalent to $ million today) for the 1965 construction of the William L. Moody, Jr., Engineering Building (since demolished) on the campus of
Trinity University in
San Antonio.
Texas A&M University Press publishes a series of books called the "W. L. Moody Jr. Natural History Series". At
Rice University, one of the
endowed chairs is for the W. L. Moody Jr. Professor of Mathematics, currently held by Robert Hardt; past holders include
Morton L. Curtis. In 2011, the Foundation donated $2.5 million for the naming rights at the new home of the long-running "
Austin City Limits" series on PBS, located across the street from City Hall in downtown Austin. The venue's formal name is "Austin City Limits Live at The
Moody Theater," but is informally known as "ACL Live." On October 21, 2013, it was announced that the Foundation gave a $50 million gift to the
University of Texas at Austin to name the college of communication the Moody College of Communication. Additionally, on November 12, 2019, the Foundation announced a $100 million donation to
Southern Methodist University to establish the Moody School of Graduate and Advanced Studies. Further, on August 20, 2021, the Moody Amphitheater – an outdoor music venue constructed in conjunction with Austin's
Waterloo Greenway park, where it sits along its northern end – made its debut with a performance by renowned Austin musician
Gary Clark Jr. Finally, the
Moody Center – located on the southeast edge of the
University of Texas at Austin campus, just north of
downtown Austin – was completed in April 2022 and was dedicated by
Matthew McConaughey. The $130 million donated to the project by the Moody Foundation stands as the largest private donation in UT's history from a foundation. The 5,000-seat venue has hosted a number of high-profile musicians: Harry Styles selected it for a five-night residency as part of his 2022 world tour. On Friday, September 19, 2025, it was announced that Huston-Tillotson University had received the single largest donation to an HBCU with $150 million gift from the Moody Foundation. ==Gallery==