Lynn Favrot Nolan Family Fund
Lynn Favrot Nolan Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGRANGEVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it awarded 18 grants totaling $17K. Net investment income was $63K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$296K
+15.5% YoY
Annual Giving
$17K
+25.6% YoY
Grant Count
18
-14.3% YoY
Avg Grant Size
$959.278
+46.6% YoY
Under IRS private-foundation payout rules, Lynn Favrot Nolan Family Fund reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Lynn Favrot Nolan Family Fund
Based on IRS filings
Lynn Favrot Nolan Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGRANGEVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it awarded 18 grants totaling $17K. Net investment income was $63K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $296,234 | $256,507 | $288,425 |
| Revenue | $68,549 | $-7,569 | $16,220 |
| Expenses | $28,822 | $24,349 | $27,774 |
| Qualifying Distributions | $17,267 | $13,746 | $16,340 |
| Net Investment Income | $62,580 | $5,725 | $10,236 |
| Distributable Amount | $15,720 | $15,517 | $16,416 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Peter's Lithgow Church ($5,425), Culinary Institute of America ($3,451), Dutchess Land Conservancy ($1,600).
| Recipient | Purpose | Amount |
|---|---|---|
| CANINE CANCER RESEARCH PHOENIX, AZ | FOR THE GENERAL BENEFIT OF THE CHARITY | $370 |
| CULINARY INSTITUTE OF AMERICA HYDE PARK, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $3,451 |
| DUTCHESS LAND CONSERVANCY MILLBROOK, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $1,600 |
| FAMILY SERVICES POUGHKEEPSIE, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $517 |
| FOOD BANK OF HUDSON VALLEY CORNWALL ON HUDSON, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $300 |
| INNISFREE FOUNDATION LYNDHURST, NJ | FOR THE GENERAL BENEFIT OF THE CHARITY | $1,000 |
| PLAY FOR PINK NEW YORK, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $250 |
| RURAL & MIGRANT MINISTRY INC CORNWALL ON HUDSON, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $600 |
| ST PETER'S LITHGOW CHURCH MILLBROOK, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $5,425 |
| STONEWOOD FARM MILLBROOK, NY | FOR THE GENERAL BENEFIT OF THE CHARITY | $1,050 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNN F NOLAN | PRESIDENT/CHAIRMAN | 5 | $3,500 |
| WILLIAM T NOLAN | TREASURY/ SECRETARY | — | — |
| THOMAS B FAVROT | VICE-PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lynn Favrot Nolan Family Fund?
Lynn Favrot Nolan Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAGRANGEVILLE, NY. It holds $296K in total assets as of 2024.
How large is Lynn Favrot Nolan Family Fund?
As of 2024, Lynn Favrot Nolan Family Fund holds $296K in total assets with $69K in annual revenue. It awarded 18 grants totaling $17K in 2024.
Where does Lynn Favrot Nolan Family Fund operate?
Lynn Favrot Nolan Family Fund has awarded grants in Arizona, Connecticut, Louisiana, Massachusetts, Michigan, New Jersey, New York, Tennessee, West Virginia.
What size grants does Lynn Favrot Nolan Family Fund award?
In 2024, Lynn Favrot Nolan Family Fund awarded 18 grants totaling $17K — an average of about $959.278 per grant, based on its IRS Form 990 filings.
How much is Lynn Favrot Nolan Family Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lynn Favrot Nolan Family Fund reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lynn Favrot Nolan Family Fund's EIN?
Lynn Favrot Nolan Family Fund's EIN (Employer Identification Number) is 14-1790059. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lynn Favrot Nolan Family Fund'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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