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.
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| GALVESTON HISTORICAL FND GALVESTON, TX | HOMES TOUR | $8,000 |
| GALVESTON SYMPHONY ORCHESTRA GALVESTON, TX | CONDUCTOR EXPENSES | $30,000 |
| THE GRAND 1894 GALVESTON, TX | ART RELATED ACTIVITIES | $8,000 |
| BALL HIGH SCHOOL PROJECT GRADUATION GALVESTON, TX | EDUCATION ACTIVITIES | $500 |
| GALVESTON ISLAND HUMANE SOCIETY GALVESTON, TX | PROGRAMS | $650 |
| SMART FAMILY LITERACY GALVESTON, TX | EDUCATION ACTIVITIES | $500 |
| GISD EDUCATION FOUNDATION GALVESTON, TX | EDUCATION ACTIVITIES | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL B HUGHES | TRUSTEE | 1 | — |
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.
Explore Open Grants
Browse active grant opportunities in Trube Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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