Trube Foundation
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.
Trube Foundation at a glance
In short: Trube Foundation gave $48K across 7 grants in 2024 (avg $7K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $48,150
- +564.1% vs 2023
- Grants made (2024)
- 7
- +133.3% vs 2023
- Average grant
- $6,879
- +184.6% vs 2023
- Median grant
- $650
- Total assets
- $528,700
- -4.3% 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 Trube Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Galveston Symphony Orchestra ($30K). Together the top 7 received $48K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7K (2023) to $48K (2024). In 2024 it made 7 grants totaling $48K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Galveston Symphony Orchestra Galveston, TX | Conductor Expenses | $30,000 |
| Galveston Historical Fnd Galveston, TX | Homes Tour | $8,000 |
| The Grand 1894 Galveston, TX | Art Related Activities | $8,000 |
| Galveston Island Humane Society Galveston, TX | Programs | $650 |
| Ball High School Project Graduation Galveston, TX | Education Activities | $500 |
| Smart Family Literacy Galveston, TX | Education Activities | $500 |
| Gisd Education Foundation Galveston, TX | Education Activities | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $528,700 | $33,109 | $57,017 | $48,150 | 7 | $48,150 | $33,109 | $28,116 |
| 2023 | $552,608 | $27,994 | $15,588 | $7,250 | 3 | $7,500 | $27,994 | $25,593 |
| 2022 | $541,626 | $22,893 | $34,923 | $28,500 | 3 | $28,500 | $22,893 | $27,075 |
| 2021 | $552,232 | $50,080 | $41,379 | $34,750 | 6 | $34,750 | $50,080 | $26,279 |
| 2020 | $543,531 | $18,879 | $42,318 | $33,280 | 6 | — | $10,230 | $29,377 |
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.
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.
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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