Thomas and Elizabeth Laffont Family
The Thomas and Elizabeth Laffont Family Foundation is a private grantmaking foundation based in New York, NY. Established in January 2022, it operates as a 501(c)(3) organization with a focus on philanthropic giving across multiple sectors.
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 reported a distributable amount of $4.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$30,000
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Geographic Focus
Where this funder awards grants
The foundation provides support nationally, with particular activity in New York, California, and Wyoming.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total assets: $59,223,097
- Total revenues: $20,909
- Total expenses: $3,869,385
- Total liabilities: $0
- Giving rate: 6.5% of assets
As of December 2022:
- Total assets: (included in 2023 comparison data)
- Total grants, contributions received: $74,849,773
| 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 |
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
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grand Teton National Park Foundation ($1,000,000), Yale University Development ($800,000), Windward School ($525,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COACHARTORG LOS ANGELES, CA | GENERAL CHARITABLE PURPOSES | $10,000 |
| CSNK2A1 FOUNDATION SAN FRANCISCO, CA | GENERAL CHARITABLE PURPOSES | $7,500 |
| CURE ALZHEIMERS FUND WELLESLEY HILLS, MA | GENERAL CHARITABLE PURPOSES | $10,000 |
| GRAND TETON NATIONAL PARK FOUNDATION JACKSON, WY | GENERAL CHARITABLE PURPOSES | $1,000,000 |
| KCRW SANTA MONICA, CA | GENERAL CHARITABLE PURPOSES | $25,000 |
| METROPOLITAN OPERA ASSOCIATION INC NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $500,000 |
| MONTEREY PENINSULA FOUNDATION MONTEREY, CA | GENERAL CHARITABLE PURPOSES | $110,000 |
| NANTUCKET YACHT CLUB FOUNDATION NANTUCKET, MA | GENERAL CHARITABLE PURPOSES | $10,000 |
| REDF SAN FRANCISCO, CA | GENERAL CHARITABLE PURPOSES | $100,000 |
| SANKATY HEAD FOUNDATION NANTUCKET, MA | GENERAL CHARITABLE PURPOSES | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees include:
- Thomas J. Laffont
- Elizabeth Laffont
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS J LAFFONT | PRESIDENT | — | — |
| ELIZABETH LAFFONT | SECRETARY | — | — |
| THOMAS J LAFFONT | TREASURER | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported cultural institutions, including significant grants to the Metropolitan Opera Association. The foundation's giving reflects an interest in both educational institutions and performing arts organizations.
Metropolitan Opera Eric and Dominique Laffont Competition Announces WinnersSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Thomas and Elizabeth Laffont Family fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Health Care
How do I apply for a grant from Thomas and Elizabeth Laffont Family?
**Grant Activity (2023)** • Total giving: $3,862,500 • Number of grants: 21 • Median grant size: $30,000 • Grant range: $3,000 to $1,600,000 **Recent Grants (2023)** • Crane Country Day School: $500,000 (General Charitable Purposes) • Metropolitan Opera Association: $500,000 (General Charitable Purposes) • REDF: $100,000 (General Charitable Purposes) **Application Policy** The foundation does not accept unsolicited applications and operates on an invite-only basis.
Where does Thomas and Elizabeth Laffont Family make grants?
The foundation provides support nationally, with particular activity in New York, California, and Wyoming.
What size grants does Thomas and Elizabeth Laffont Family award?
In 2024, Thomas and Elizabeth Laffont Family awarded 17 grants totaling $3.6M — an average of about $214K per grant, based on its IRS Form 990 filings.
How much is Thomas and Elizabeth Laffont Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas and Elizabeth Laffont Family reported a distributable amount of $4.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thomas and Elizabeth Laffont Family's EIN?
Thomas and Elizabeth Laffont Family's EIN (Employer Identification Number) is 86-1914134. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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