The Favrot Fund is a private foundation based in Houston, Texas, established in 1952. It operates as a 501(c)(3) organization designated for philanthropic, voluntary, and grantmaking purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.1M
-10.6% YoY
Annual Giving
$3.0M
+197.6% YoY
Grant Count
22
+0.0% YoY
Avg Grant Size
$139K
+197.6% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation supports various grant programs across its focus areas, including higher education scholarships, youth education and arts initiatives, children's health and medical aid, historic preservation, and community development projects.
Grant Range
** $5,000 to $2,000,000
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Geographic Focus
Where this funder awards grants
The foundation provides funding primarily in:
- Texas
- California
- New York
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $12,069,944 (as of 2024)
Total Revenue: $1,839,057 (2024)
Total Expenses: $3,295,361 (2024)
Total Liabilities: $20,600 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,069,944 | $13,498,404 | $14,350,778 |
| Revenue | $1,839,057 | $411,655 | $543,528 |
| Expenses | $3,295,361 | $1,257,076 | $1,209,261 |
| Qualifying Distributions | $1,099,578 | $1,084,047 | $1,041,927 |
| Net Investment Income | $1,669,970 | $238,228 | $379,895 |
| Distributable Amount | $813,664 | $819,268 | $855,973 |
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
110 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Laurence Favrot – President/Trustee
- Romelia Favrot – Treasurer/Trustee
- Leo M Favrot – Trustee
- Jeanette F Peterson – Trustee
- Lenior M Josey – Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURENCE FAVROT | PRESIDENT/TRUSTEE | 1 | — |
| ROMELIA FAVROT | TREASURER/TRUSTEE | 1 | — |
| LEO M FAVROT | TRUSTEE | 1 | — |
| JEANETTE F PETERSON | TRUSTEE | 1 | — |
| LENIOR M JOSEY | TRUSTEE | 1 | — |
Contact Information
Address: 1770 Saint James Place, Suite 510, Houston, TX 77056-3499
Telephone: 713-622-1442
Subject Areas
Focus areas based on grantmaking activity
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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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