Thomas and Elizabeth Laffont Family Foundation
THOMAS AND ELIZABETH LAFFONT FAMILY is a private foundation based in New York, NY. It reported 17 grants totaling $3,637,500 in filing year 2024, supporting organizations that include educational institutions, cultural organizations, and environmental and community-focused nonprofits.
Key facts about Thomas and Elizabeth Laffont Family Foundation
In short: Thomas and Elizabeth Laffont Family Foundation gave $3.6M across 17 grants in 2024 (avg $214K), mostly in New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 86-1914134
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,637,500
- Grants made (2024)
- 17
- Average grant
- $213,971
- Median grant
- $75,000
- New grantees (estimate)
- 24% first-time grantees (4 of 17, 2024; small sample)
- Total assets
- $57,809,956
- Primary geography
- New York (51% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$57.8M
-2.4% YoY
Annual Giving
$3.6M
-5.8% YoY
Grant Count
17
-19.0% YoY
Avg Grant Size
$214K
+16.3% YoY
Under IRS private-foundation payout rules, Thomas and Elizabeth Laffont Family Foundation reported a distributable amount of $4.8M for 2024 — the minimum it must pay out in qualifying distributions.
Is Thomas and Elizabeth Laffont Family Foundation open to new grantees?
24%
first-time grantees, 2024
In 2024, 4 of 17 grantees (24%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $55K; repeat grants $263K. How we count
Medians: $50K first-time, $100K repeat.
- 65% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 75% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations. For example, Grand Teton National Park Foundation says its mission is to partner with Grand Teton National Park to steward, protect, and enhance the park. REDF says it invests in employment social enterprises and works to advance economic mobility. The Monterey Peninsula Foundation says it provides grants benefiting its community in areas including youth, education, health and human services, arts and culture, and the environment.
Grantmaking
In filing year 2024, the foundation reported 17 grants totaling $3,637,500. Grants ranged from $7,500 to $1,000,000, with a median grant of $75,000. The largest reported grants included $1,000,000 to Grand Teton National Park Foundation, $800,000 to Yale University Development, $525,000 to Windward School, $500,000 to Metropolitan Opera Association Inc, and $250,000 to Tipping Point Community. Other recipients included the United States Golf Association ($150,000), Monterey Peninsula Foundation ($110,000), and REDF ($100,000).
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Thomas and Elizabeth Laffont Family Foundation?
Geographic Focus
Where this funder awards grants
In 2024, grant dollars were distributed among recipients in New York (51%), Wyoming (27%), California (7%), Colorado (7%), and New Jersey (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 17 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $953K (2022) to $3.9M (2023). In 2024 it made 17 grants totaling $3.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Grand Teton National Park Foundation ($1.0M). Together the top 10 received $3.5M.
Grant Size Distribution
51 grants across all recorded years
The most common grant size was under $50K: 27 grants of 51 (53%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grand Teton National Park Foundation Jackson, WY | General Charitable Purposes | $1,000,000 |
| Yale University Development New York, NY | General Charitable Purposes | $800,000 |
| Windward School New York, NY | General Charitable Purposes | $525,000 |
| Metropolitan Opera Association Inc New York, NY | General Charitable Purposes | $500,000 |
| Tipping Point Community San Francisco, CO | General Charitable Purposes | $250,000 |
| United States Golf Association Liberty Corner, NJ | General Charitable Purposes | $150,000 |
| Monterey Peninsula Foundation Monterey, CA | General Charitable Purposes | $110,000 |
| Redf San Francisco, CA | General Charitable Purposes | $100,000 |
| Village Schools Inc Waldwick, NJ | General Charitable Purposes | $75,000 |
| US Ski & Snowboard Foundation New York, NY | General Charitable Purposes | $30,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $57,809,956 | $2,289,419 | $3,708,379 | $3,637,500 | 17 |
| 2023 | $59,223,097 | $20,909 | $3,869,385 | $3,862,500 | 21 |
| 2022 | $63,105,773 | $78,959,026 | $970,851 | $953,266 | 13 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,809,956 | $59,223,097 | $63,105,773 |
| Revenue | $2,289,419 | $20,909 | $78,959,026 |
| Expenses | $3,708,379 | $3,869,385 | $970,851 |
| Qualifying Distributions | $3,640,549 | $3,865,192 | $962,058 |
| Net Investment Income | $2,221,589 | $178,579 | $4,100,460 |
| Distributable Amount | $4,832,740 | $3,991,478 | $1,735,033 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thomas J. Laffont as president and treasurer, and Elizabeth Laffont as secretary.
Thomas and Elizabeth Laffont Family Foundation is led by Thomas J. Laffont, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thomas J. Laffont
President & Treasurer
On filings since 2021
No compensation reported
Elizabeth Laffont
Secretary
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 9 West 57 Street - 25Th Floor, New York, NY 10019
Phone: (212) 715-5118
Frequently asked questions about Thomas and Elizabeth Laffont Family Foundation
How much does Thomas and Elizabeth Laffont Family Foundation give each year?
Thomas and Elizabeth Laffont Family Foundation gave $3.6M across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.9M across 21 grants.
What is Thomas and Elizabeth Laffont Family Foundation's typical grant size?
Thomas and Elizabeth Laffont Family Foundation's median grant in 2024 was $75,000, and its average grant was $213,971, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Thomas and Elizabeth Laffont Family Foundation that year got $55K on average.
Where does Thomas and Elizabeth Laffont Family Foundation give grants?
Thomas and Elizabeth Laffont Family Foundation gives mostly in New York: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Wyoming (27%) and California (7%). The most frequent recipient cities were New York, NY (4 grants), San Francisco, CA (2 grants) and Nantucket, MA (2 grants).
Does Thomas and Elizabeth Laffont Family Foundation give general operating support?
Yes: 100% of Thomas and Elizabeth Laffont Family Foundation's 2024 grants with a stated purpose (17 of 17) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Thomas and Elizabeth Laffont Family Foundation's largest grantees?
Thomas and Elizabeth Laffont Family Foundation's largest 2024 grantees include Grand Teton National Park Foundation ($1,000,000), Yale University Development ($800,000) and Windward School ($525,000), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.
How large is Thomas and Elizabeth Laffont Family Foundation?
Thomas and Elizabeth Laffont Family Foundation reported $57.8M in total assets on its 2024 IRS Form 990-PF. It paid out $3.6M in qualifying distributions that year, against a required minimum of $4.8M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Thomas and Elizabeth Laffont Family Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations. For example, Grand Teton National Park Foundation says its mission is to partner with Grand Teton National Park to steward, protect, and enhance the park. See mission & focus areas ↑
How do I apply for a grant from Thomas and Elizabeth Laffont Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Thomas and Elizabeth Laffont Family Foundation's EIN?
Thomas and Elizabeth Laffont Family Foundation's EIN (Employer Identification Number) is 86-1914134. IRS Form 990 filing data is available on this page for 2021–2024.
Does Thomas and Elizabeth Laffont Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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