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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2012
RELATED PARTY TRANSACTIONS
NOTE 21 RELATED PARTY TRANSACTIONS

Moody’s Corporation made grants of $10 million to The Moody’s Foundation during the year ended December 31, 2012. Grants of $5 million and $4.4 million were made during the years ended December 31, 2011 and 2010, respectively. The Foundation carries out philanthropic activities primarily in the areas of education and health and human services. Certain members of Moody’s senior management are on the board of the Foundation.