Roux Family Foundation
- Assets
- $22.5m
- Revenue
- $3.5m
- Investments
- $20.0m
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4702037
Organization Overview
Roux Family Foundation is located in Wellesley, MA. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roux Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Roux Family Foundation generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Roux Family Foundation has awarded 107 individual grants totaling $9,844,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Roux President, Treasurer | 1 | $0 | |
Barbara Roux Vice-President, Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $667,768 |
| Interest on Savings | $0 |
| Dividends & Interest | $924,148 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,897,871 |
| Capital Gain Net Income | $1,897,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,489,787 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,606 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $525 |
| Total operating and administrative expenses | $228,419 |
| Contributions, gifts, grants paid | $3,831,750 |
| Total expenses and disbursements | $4,060,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,505,676 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,456,227 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Roux Family Foundation has awarded $3,831,750 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CELTICS SHAMROCK FOUNDATION PURPOSE: GENERAL CHARITABLE CONTRIBUTION FOR SOCIAL JUSTICE | $100,000 |
INSTITUTE FOR DIGITAL ENGINEERING AND LIFE SCIENCES PURPOSE: GENERAL GRANT TO SUPPORT EDUCATION | $3,000,000 |
COASTAL MAINE BOTANICAL GARDENS PURPOSE: GENERAL GRANT TO SUPPORT HORTICULTURE, EDUCATION AND RESEARCH. | $25,000 |
LEWISTON PUBLIC SCHOOLS PURPOSE: GENERAL CHARITABLE CONTRIBUTION SUPPORTING EDUCATION | $43,750 |
MAINE COAST FISHERMEN'S ASSOCIATION PURPOSE: GENERAL CHARITABLE CONTRIBUTION FOR CONSERVATION | $7,500 |
SOLVING KIDS CANCER PURPOSE: GENERAL CHARITABLE CONTRIBUTION FOR HEALTHCARE | $25,000 |