Clifford F Favrot Family Fund
The Clifford F Favrot Family Fund is a private family foundation incorporated in 1959 and tax-exempt since July 1961. Based in Covington, Louisiana, the foundation operates as a 501(c)(3) organization with a single employee. The foundation makes grants to charitable organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-5.9% YoY
Annual Giving
$286K
+1.1% YoY
Grant Count
24
-4.0% YoY
Avg Grant Size
$12K
+5.3% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Tennessee
- Texas
- Louisiana
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $2,291,547
- Total revenues: $212,827
- Total expenses: $351,292
- Investment income and dividends: $94,349
- Net gain from sale of non-inventory assets: $118,203
- Total liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,291,547 | $2,434,581 | $2,668,280 |
| Revenue | $212,827 | $122,586 | $257,568 |
| Expenses | $351,292 | $356,285 | $332,763 |
| Qualifying Distributions | $286,000 | $305,500 | $285,000 |
| Net Investment Income | $187,827 | $100,086 | $235,068 |
| Distributable Amount | $382,716 | $308,412 | $305,358 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM E FAVROT | DIRECTOR | 5 | $50,000 |
| SALLIE F STROUD | ASSISTANT DIRECTOR | 0.1 | — |
Contact Information
Address: 808 S New Hampshire St, Covington, LA 70433-3733
Phone: 985-892-1550
EIN: 72-6018687
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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