Trube Foundation

Private foundation · Grantmaker Galveston, TX EIN: 76-0231582

Trube Foundation is a private foundation, based in Galveston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $529K in total assets. In 2024, it awarded 7 grants totaling $48K. Net investment income was $33K.

Key facts about Trube Foundation

In short: Trube Foundation gave $48K across 7 grants in 2024 (avg $7K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
76-0231582
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$48,150
Grants made (2024)
7
Average grant
$6,879
Median grant
$650
Total assets
$528,700
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$529K

-4.3% YoY

Annual Giving

$48K

+564.1% YoY

Grant Count

7

+133.3% YoY

Avg Grant Size

$7K

+184.6% YoY

Under IRS private-foundation payout rules, Trube Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

How Trube Foundation gives

  • Giving grew 39% from 2021 to 2024. Method
  • In 2024 it paid out 171% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2024 grant dollars.

States

Cities

Galveston

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants20206 grants20213 grants20223 grants20237 grants2024

From 2020 to 2024, annual grant giving ranged from $7K (2023) to $48K (2024). In 2024 it made 7 grants totaling $48K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Galveston Symphony Orchestra: $30KGalveston Symphony Orchestra$30KGalveston Historical Fnd: $8KGalveston Historical Fnd$8KThe Grand 1894: $8KThe Grand 1894$8KGalveston Island Humane Society: $650Galveston Island HumaneSociety$650Ball High School Project Graduation: $500Ball High School ProjectGraduation$500Smart Family Literacy: $500Smart Family Literacy$500Gisd Education Foundation: $500Gisd Education Foundation$500

The largest 2024 recipient was Galveston Symphony Orchestra ($30K). Together the top 7 received $48K.

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 25 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Galveston Symphony Orchestra Galveston, TXConductor Expenses$30,000
Galveston Historical Fnd Galveston, TXHomes Tour$8,000
The Grand 1894 Galveston, TXArt Related Activities$8,000
Galveston Island Humane Society Galveston, TXPrograms$650
Ball High School Project Graduation Galveston, TXEducation Activities$500
Smart Family Literacy Galveston, TXEducation Activities$500
Gisd Education Foundation Galveston, TXEducation Activities$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K20202021202220232024
Metric202420232022
Total Assets$528,700$552,608$541,626
Revenue$33,109$27,994$22,893
Expenses$57,017$15,588$34,923
Qualifying Distributions$48,150$7,500$28,500
Net Investment Income$33,109$27,994$22,893
Distributable Amount$28,116$25,593$27,075

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Trube Foundation is led by Michael B. Hughes, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Michael B. Hughes

    Trustee

    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 Trube Foundation

How much does Trube Foundation give each year?

Trube Foundation gave $48K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7K across 3 grants.

What is Trube Foundation's typical grant size?

Trube Foundation's median grant in 2024 was $650, and its average grant was $6,879, across 7 grants on its 2024 IRS Form 990-PF.

Where does Trube Foundation give grants?

Trube Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Galveston, TX (7 grants).

Does Trube Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Trube Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education Activities" (3 grants).

Who are Trube Foundation's largest grantees?

Trube Foundation's largest 2024 grantees include Galveston Symphony Orchestra ($30,000), Galveston Historical Fnd ($8,000) and The Grand 1894 ($8,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.

How large is Trube Foundation?

Trube Foundation reported $529K in total assets on its 2024 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).

What is Trube Foundation's EIN?

Trube Foundation's EIN (Employer Identification Number) is 76-0231582. 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.

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