The Louis J & Lucy Roussel Foundation
The Louis J & Lucy Roussel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $500.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
-10.8% YoY
Annual Giving
$500
Grant Count
1
Avg Grant Size
$500
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.
About The Louis J & Lucy Roussel Foundation
Based on IRS filings
The Louis J & Lucy Roussel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $500.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,337 | $5,981 | $6,603 |
| Revenue | — | — | $2,000 |
| Expenses | $644 | $622 | $2,671 |
| Qualifying Distributions | $500 | — | $2,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $216 | $223 | $256 |
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
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Triumph Over Kid Cancer Foundation ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| TRIUMPH OVER KID CANCER FOUNDATION CORPUS CHRISTI, TX | CANCER RESEARCH | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEN GRAVOLET | DIRECTOR | 1 | — |
| COLETTE CISCO | SECRETARY/ TREASURER | 1 | — |
| CHARMAINE MOREL | DIRECTOR | 1 | — |
| RONALD H DAWSON JR | DIRECTOR | 1 | — |
| STEVE KLEIN | DIRECTOR | 1 | — |
| SALLY ROUSSEL | PRESIDENT/ CEO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Louis J & Lucy Roussel Foundation?
The Louis J & Lucy Roussel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. It holds $5K in total assets as of 2024.
How large is The Louis J & Lucy Roussel Foundation?
As of 2024, The Louis J & Lucy Roussel Foundation holds $5K in total assets. It awarded 1 grants totaling $500 in 2024.
Where does The Louis J & Lucy Roussel Foundation operate?
The Louis J & Lucy Roussel Foundation has awarded grants in Louisiana, Texas.
What size grants does The Louis J & Lucy Roussel Foundation award?
In 2024, The Louis J & Lucy Roussel Foundation awarded 1 grants totaling $500 — an average of about $500 per grant, based on its IRS Form 990 filings.
How much is The Louis J & Lucy Roussel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Louis J & Lucy Roussel Foundation reported a distributable amount of $216 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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