The Louis J & Lucy Roussel Foundation
The Louis J & Lucy Roussel Foundation is a private foundation, based in Metairie, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 1 grant totaling $500.
The Louis J & Lucy Roussel Foundation at a glance
In short: The Louis J & Lucy Roussel Foundation gave $500 across 1 grant in 2024 (avg $500), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $500
- Grants made (2024)
- 1
- Average grant
- $500
- Median grant
- $500
- Total assets
- $5,337
- -10.8% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Louis J & Lucy Roussel Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Triumph Over Kid Cancer Foundation ($500).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How The Louis J & Lucy Roussel Foundation gives
- In 2024 it paid out 231% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $500 (2024) to $2K (2022). In 2024 it made 1 grant totaling $500.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Triumph Over Kid Cancer Foundation Corpus Christi, TX | Cancer Research | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $5,337 | — | $644 | $500 | 1 | $500 | $216 |
| 2023 | $5,981 | — | $622 | — | — | — | $223 |
| 2022 | $6,603 | $2,000 | $2,671 | $2,000 | 1 | $2,000 | $256 |
| 2021 | $7,274 | — | $1,111 | — | — | — | $379 |
| 2020 | $8,385 | $2,736 | $3,265 | — | — | — | $392 |
Under IRS private-foundation payout rules, The Louis J & Lucy Roussel Foundation reported a distributable amount of $216 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Louis J & Lucy Roussel Foundation is led by Sally Roussel, President & CEO on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sally Roussel
President & CEO
On filings since 2020
1 hr/week
No compensation reported
Ben Gravolet
Director
On filings since 2020
1 hr/week
No compensation reported
Charmaine Morel
Director
On filings since 2020
1 hr/week
No compensation reported
Ronald H. Dawson Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
Steve Klein
Director
On filings since 2020
1 hr/week
No compensation reported
Colette Cisco
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Louis J & Lucy Roussel Foundation
How much does The Louis J & Lucy Roussel Foundation give each year?
The Louis J & Lucy Roussel Foundation gave $500 across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is The Louis J & Lucy Roussel Foundation?
The Louis J & Lucy Roussel Foundation reported $5K in total assets on its 2024 IRS Form 990-PF. It paid out $500 in qualifying distributions that year, against a required minimum of $216 (roughly 5% of its investment assets).
Where does The Louis J & Lucy Roussel Foundation operate?
The Louis J & Lucy Roussel Foundation has awarded grants in Louisiana, Texas.
What is The Louis J & Lucy Roussel Foundation's EIN?
The Louis J & Lucy Roussel Foundation's EIN (Employer Identification Number) is 26-4054886. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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