Trube Foundation

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.

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.

About Trube Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Galveston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$31K$47K$63K20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K6 grants20206 grants20213 grants20223 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

GALVESTON SYMPHONY ORCHE…$30KGALVESTON HISTORICAL FND$8KTHE GRAND 1894$8KGALVESTON ISLAND HUMANE …$650BALL HIGH SCHOOL PROJECT…$500SMART FAMILY LITERACY$500GISD EDUCATION FOUNDATION$500

Grant Size Distribution

25 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Galveston Symphony Orchestra ($30,000), Galveston Historical Fnd ($8,000), The Grand 1894 ($8,000).

RecipientPurposeAmount
GALVESTON HISTORICAL FND GALVESTON, TXHOMES TOUR$8,000
GALVESTON SYMPHONY ORCHESTRA GALVESTON, TXCONDUCTOR EXPENSES$30,000
THE GRAND 1894 GALVESTON, TXART RELATED ACTIVITIES$8,000
BALL HIGH SCHOOL PROJECT GRADUATION GALVESTON, TXEDUCATION ACTIVITIES$500
GALVESTON ISLAND HUMANE SOCIETY GALVESTON, TXPROGRAMS$650
SMART FAMILY LITERACY GALVESTON, TXEDUCATION ACTIVITIES$500
GISD EDUCATION FOUNDATION GALVESTON, TXEDUCATION ACTIVITIES$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL B HUGHESTRUSTEE1

Frequently Asked Questions

How large is Trube Foundation?

As of 2024, Trube Foundation holds $529K in total assets with $33K in annual revenue. It awarded 7 grants totaling $48K in 2024.

Where does Trube Foundation operate?

Trube Foundation has awarded grants in Texas.

What size grants does Trube Foundation award?

In 2024, Trube Foundation awarded 7 grants totaling $48K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Trube Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Trube Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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