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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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