Single‐site molybdenum dioxo catalysts, fullerenol/MoO2, are prepared via grafting precursor (DME)MoO2Cl2 onto a highly polyhydroxylated fullerene (ful) and a isomerically pure and well‐defined fullerene (ful*). These catalyst structures are characterized by ICP‐OES, XPS, XANES, EXAFS, DRIFT, Raman, and NMR spectroscopy, and DFT. Mo 3d5/2 XPS and Mo K‐edge XANES assign the oxidation state as Mo(VI). Mo EXAFS data fitting reveals two Mo=O double and two Mo‐O single bonds at distances of 1.7 and 1.9 Å, respectively, while an Mo=O stretchingl mode is observed at ~950 cm‐1 by DRIFT and Raman spectroscopy. These data align well with computational results, supporting the proposed catalyst structure as Fullerene(‐µ‐O‐)2M(=O)2. Additionally, DFT provides insight into the energetically favorable grafting sites for an isomerically pure fullerenol. The scope of fullerenol/MoO2 mediated alkene epoxidation includes abiotic alkenes, natural occurring terpenes, and conjugated olefins. For cyclooctene the rate law is first‐order in [Mo], near first order in [olefin] and zero‐order in [t‐butyl hydroperoxide]. A plausible reaction mechanism involves peroxide addition first and then cyclooctene addition directly across the peroxo bond forming the epoxide product, consistent with DFT computation. Overall, fullerenol/MoO2 shows promise as a sustainable and structurally well‐defined system with versatile catalytic activity and good epoxidation recyclability.