The Roux Family Foundation is a private grantmaking foundation established in March 2017 by technology entrepreneur David Roux and his wife Barbara Roux. Based in Wellesley, Massachusetts, the foundation has emerged as a significant philanthropic force, particularly in the Northeast and Maine. The foundation operates as a 501(c)(3) organization and does not maintain a public website.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.8M
-51.2% YoY
Annual Giving
$15.8M
+23.5% YoY
Grant Count
22
+57.1% YoY
Avg Grant Size
$718K
-21.4% YoY
Under IRS private-foundation payout rules, The Roux Family Foundation reported a distributable amount of $751K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation focuses primarily on:
- Education
- Healthcare and biomedical research
- Environmental conservation
The foundation has made transformative gifts including establishing the Roux Institute at Northeastern University in Portland, Maine, and the Roux Family Center for Genomics and Computational Biology at The Jackson Laboratory.
Grantmaking
The foundation operates on a preselected basis only and does not accept unsolicited applications for funds. Grant decisions are made through trustee discretion with no formal public application process.
Grant Range
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How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple states and regions, with particular emphasis on:
- Maine
- Massachusetts
- National scope
Specific locations mentioned include New York, San Francisco, Boston, Boothbay, and Yarmouth, as well as funding in California, Florida, Illinois, Maryland, and other states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $6,840,294
- Total Revenue: $7,707,583
- Total Expenses: $15,969,277
- Total Giving: $15,795,000
- Annual Giving: $15.8 million
Grant Statistics:
- Average grant size: $4,000
- Median grant size: $15,000
- Grant range: $15,000 - $15,000,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,840,294 | $14,027,711 | $22,456,227 |
| Revenue | $7,707,583 | $5,698,068 | $3,489,787 |
| Expenses | $15,969,277 | $13,028,694 | $4,060,169 |
| Qualifying Distributions | $15,795,000 | $12,792,000 | $3,831,750 |
| Net Investment Income | $7,588,306 | $5,543,209 | $2,617,565 |
| Distributable Amount | $751,054 | $1,386,692 | $1,805,531 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northeastern University ($15,000,000), Concussion Legacy Foundation ($175,000), The Station Foundation ($115,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A PLACE TO START KENNEBUNK, ME | GENERAL CHARITABLE CONTRIBUTION FOR HEALTHCARE | $50,000 |
| BOSTON CELTICS SHAMROCK FOUNDATION BOSTON, MA | GENERAL CHARITABLE CONTRIBUTION FOR SOCIAL JUSTICE | $100,000 |
| COASTAL MAINE BOTANICAL GARDENS BOOTHBAY, ME | GENERAL GRANT TO SUPPORT HORTICULTURE, EDUCATION AND RESEARCH. | $25,000 |
| FOCUS MAINE AUGUSTA, ME | GENERAL CHARITABLE CONTRIBUTION FOR COMMUNITY DEVELOPMENT | $15,000 |
| FULL PLATES FULL POTENTIAL BRUNSWICK, ME | GENERAL CHARTABLE CONTRIBUTION FOR HUNGER | $25,000 |
| GREATER BOSTON FOOD BANK BOSTON, MA | GENERAL CHARITABLE CONTRIBUTION FOR HUNGER | $10,000 |
| MOUNT VERNON VIRTUOSI BALTIMORE, MD | GENERAL CHARITABLE CONTRIBUTION SUPPORTING THE ARTS | $15,000 |
| NORTHEASTERN UNIVERSITY BOSTON, MA | GENERAL CHARITABLE CONTRIBUTION FOR EDUCATION | $15,000,000 |
| SECOND HARVEST OF SILICON VALLEY SAN JOSE, CA | GENERAL CHARITABLE CONTRIBUTION FOR HUNGER | $10,000 |
| THE STATION FOUNDATION BOZEMAN, MT | GENERAL CHARITABLE CONTRIBUTION FOR HEALTHCARE | $115,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- David Roux — President and Treasurer (serves without compensation)
- Barbara Roux — Vice-President and Secretary (serves without compensation)
The foundation operates with limited staffing, relying on volunteer leadership from the founders.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID ROUX | PRESIDENT, TREASURER | 1 | — |
| BARBARA ROUX | VICE-PRESIDENT, SECRETARY | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported notable initiatives including:
A historic $10 million gift to The Jackson Laboratory to advance genomic medicine research
David and Barbara Roux Provide Historic $10 Million Gift to Advance GenomicEstablishment of the Roux Institute at Northeastern University in Portland, Maine
The Roux Institute's Accelerate Grants program, which awarded $140,000 to seven healthcare startups
Roux Institute awards $140k in Accelerate Grants to seven healthcare startupsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Roux Family Foundation fund?
The foundation focuses primarily on: • Education • Healthcare and biomedical research • Environmental conservation The foundation has made transformative gifts including establishing the Roux Institute at Northeastern University in Portland, Maine, and the Roux Family Center for Genomics and Computational Biology at The Jackson Laboratory.
How do I apply for a grant from The Roux Family Foundation?
**Application Process:** The foundation operates on a preselected basis only and does not accept unsolicited applications for funds. Grant decisions are made through trustee discretion with no formal public application process. **Grant Sizes:** • Major transformative gifts: $10,000,000 - $15,000,000 (university institutes, research centers) • Large strategic grants: $1,000,000 - $3,000,000 (educational initiatives) • Medium grants: $50,000 - $500,000 (supporting various causes) • Smaller grants…
Where does The Roux Family Foundation make grants?
The foundation funds projects across multiple states and regions, with particular emphasis on: • Maine • Massachusetts • National scope Specific locations mentioned include New York, San Francisco, Boston, Boothbay, and Yarmouth, as well as funding in California, Florida, Illinois, Maryland, and other states.
What size grants does The Roux Family Foundation award?
In 2024, The Roux Family Foundation awarded 22 grants totaling $15.8M — an average of about $718K per grant, based on its IRS Form 990 filings.
How much is The Roux Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Roux Family Foundation reported a distributable amount of $751K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Roux Family Foundation's EIN?
The Roux Family Foundation's EIN (Employer Identification Number) is 81-4702037. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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