Michael & Tracy Degruy Family Foundation
Michael & Tracy Degruy Family Foundation is a private foundation, based in METAIRIE, LA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $48K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48K
Annual Giving
$3K
Grant Count
1
Avg Grant Size
$3K
Under IRS private-foundation payout rules, Michael & Tracy Degruy Family Foundation reported a distributable amount of $990 for 2024 — the minimum it must pay out in qualifying distributions.
About Michael & Tracy Degruy Family Foundation
Based on IRS filings
Michael & Tracy Degruy Family Foundation is a private foundation, based in METAIRIE, LA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $48K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $2K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $48,156 | — |
| Revenue | $50,656 | — |
| Expenses | $2,500 | — |
| Qualifying Distributions | $2,500 | — |
| Net Investment Income | $1,661 | — |
| Distributable Amount | $990 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jesuit High School ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| JESUIT HIGH SCHOOL NEW ORLEANS, LA | TO ASSIST THE ORGANIZATION IN ITS CHARITABLE WORK | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J DEGRUY | DIRECTOR | — | — |
| TRACY DEGRUY | DIRECTOR | — | — |
Frequently Asked Questions
How large is Michael & Tracy Degruy Family Foundation?
As of 2024, Michael & Tracy Degruy Family Foundation holds $48K in total assets with $51K in annual revenue. It awarded 1 grants totaling $3K in 2024.
Where does Michael & Tracy Degruy Family Foundation operate?
Michael & Tracy Degruy Family Foundation has awarded grants in Louisiana.
What size grants does Michael & Tracy Degruy Family Foundation award?
In 2024, Michael & Tracy Degruy Family Foundation awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Michael & Tracy Degruy Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael & Tracy Degruy Family Foundation reported a distributable amount of $990 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael & Tracy Degruy Family Foundation's EIN?
Michael & Tracy Degruy Family Foundation's EIN (Employer Identification Number) is 93-4265921. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Michael & Tracy Degruy Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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