OVERVIEW: The Moreno Family Foundation is the philanthropic vehicle of billionaire couple Arturo and Carole Moreno. The foundation's Arizona grantmaking focuses on community organizations, youth, and more. The Morenos also fund select scholarship outfits for Hispanic students.
FUNDING AREAS: Community, Health, Children, Education, Arts & Culture
IP TAKE: The foundation does not appear to accept unsolicited proposals, and keeps a very low-profile, as do its trustees. Getting on this funder's radar will be tough.
PROFILE: Billionaire Arturo "Art" Moreno sold his billboard advertising company Outdoor Systems for $8.7 billion in stock in 1999. He also owns commercial real estate in his home state of Arizona. He's also the owner of the Los Angeles Angels of Anaheim, and he was the first Mexican-American to own a major league sports team.
Moreno and his wife, Carole, move their philanthropy through the Moreno Family Foundation, which gave a little over $1.2 million in a recently reported tax year. Some of the Morenos' philanthropy focuses on Southern California, but a good portion of their giving via their foundation supports Arizona, particularly the Greater Phoenix Area.
The Morenos, via their foundation, support community organizations in Arizona like UMOM New Day Centers, homeless shelters, St. Mary’s Food Bank, Fresh Start Women’s Foundation, YMCA; YWCA Maricopa County, and American Legion Post. The Morenos also support women through Trends Charitable Fund, which directs funds to programs in need that "positively impact women, children and their families where TCF can make a significant difference."
The family also earmarks funds for health outfits. A big grantee here is Barrow Neurological Institute in Phoenix, the "world's largest neurological disease treatment and research institution." Other grantees have included Phoenix Children’s Hospital.
The Moreno Family Foundation's grantmaking also supports youth and education outfits in Arizona. Grantees have included Auxiliary of the Boys and Girls Club of Scottsdale, Boys and Girls Clubs of Metropolitan Phoenix, Friends of Crisis Nursery, University of AZ Hispanic Scholarship (Moreno attended University of Arizona), and Grand Canyon University Scholarship Foundation. It's worth noting that outside of Arizona, the Morenos support Hispanic Scholarship Fund in San Francisco.
The family also supports local arts and culture institutions like Arizona Science Center, Phoenix Art Museum, Phoenix Symphony, and Queen Creek Performing Arts Center. The family has also directed funds to local churches.
Of late, individual gifts have rarely exceeded $30,000. Even fewer exceed $100,000, though the Angels Baseball Foundation, which the Morenos themselves established, is one big exception. Again, the Moreno Family Foundation keeps a rather low profile and does not provide apparent guidelines for grantseekers.
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The Moreno Family Foundation does not provide a clear avenue for getting in touch with the couple but below is an address:
Moreno Family Foundation
4455 E. Camelback Rd., Ste. D-145
Phoenix, AZ 85018