Thomas B Favrot Jr Family Fund
Thomas B Favrot Jr Family Fund is a private foundation based in Covington, Louisiana. It made 63 grants totaling $64,689 in 2024.
Thomas B Favrot Jr Family Fund at a glance
In short: Thomas B Favrot Jr Family Fund gave $65K across 63 grants in 2024 (avg $1K), mostly in Louisiana. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $64,689
- +14.5% vs 2023
- Grants made (2024)
- 63
- +16.7% vs 2023
- Average grant
- $1,027
- -1.8% vs 2023
- Median grant
- $500
- Total assets
- $577,509
- +0.6% vs 2023
- New grantees (estimate)
- 32% first-time grantees (20 of 62, 2024)
- Primary geography
- Louisiana (85% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Thomas B Favrot Jr Family Fund
- How to Apply
-
No specific application form is required. Applications are accepted anytime, and the filing reports no specific dollar limitations or restrictions on cash contributions.
- Review Cycle
- None; applications are accepted anytime.
- Deadline
- None; applications are accepted anytime.
- Contact
Application contact: Thomas B Favrot Jr
Mailing address: 800S America St, Covington, LA 70433
Phone: (504) 488-2565
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Thomas B Favrot Jr Family Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Red Cross ($16K). Together the top 10 received $42K.
Grant Size Distribution
194 grants across all recorded years
The most common grant size was under $50K: 194 grants of 194 (100%).
Geographic Focus
Where this funder awards grants
In 2024, Louisiana recipients received 85% of grant dollars. Texas received 10%, Tennessee 2%, Maryland 2%, and Virginia 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 63 itemized grants.
States
Cities
Is Thomas B Favrot Jr Family Fund open to new grantees?
32%
first-time grantees, 2024
In 2024, 20 of 62 grantees (32%) were first-time recipients. First grants averaged $475; repeat grants $1K. How we count
Medians: $300 first-time, $500 repeat.
- 63% of 2024 grantees were also funded in 2023. Method
- Giving grew 127% from 2021 to 2024. Method
- In 2024 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $28K (2021) to $65K (2024). In 2024 it made 63 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Red Cross New Orleans, LA | For the General Benefit of the Charity. | $16,000 |
| St Charles Ave Presbyterian Church New Orleans, LA | For the General Benefit of the Charity. | $8,086 |
| Edna Gladney Center Ft Worth, TX | For the General Benefit of the Charity. | $5,000 |
| Children's Hospital of New Orleans New Orleans, LA | For the General Benefit of the Charity. | $4,600 |
| Bastian Community of Resilience New Orleans, LA | For the General Benefit of the Charity. | $2,000 |
| Friends of the Cabildo New Orleans, LA | For the General Benefit of the Charity. | $1,550 |
| Junior League of New Orleans New Orleans, LA | For the General Benefit of the Charity. | $1,205 |
| Kids Join the Fight Nashville, TN | For the General Benefit of the Charity. | $1,100 |
| Vietnam Veterans of America Silver Spring, MD | For the General Benefit of the Charity. | $1,100 |
| Habitat for Humanity New Orleans, LA | For the General Benefit of the Charity. | $1,000 |
Ready to take the next step with Thomas B Favrot Jr Family Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $577,509 | $58,228 | $68,903 | $64,689 | 63 | $64,689 | $58,014 | $34,595 |
| 2023 | $574,090 | $18,199 | $77,502 | $56,476 | 54 | $56,476 | $29,444 | $33,057 |
| 2022 | $633,393 | $40,234 | $48,478 | $40,395 | 22 | $40,395 | $40,234 | $35,075 |
| 2021 | $641,637 | $100,124 | $34,218 | $28,474 | 24 | $28,474 | $99,939 | $35,626 |
| 2020 | $582,241 | $24,125 | $31,331 | $29,896 | 31 | — | $23,977 | $30,563 |
Under IRS private-foundation payout rules, Thomas B Favrot Jr Family Fund reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grantees’ stated missions show the range of organizations it supported in 2024. For example, the Junior League of New Orleans says it advances women’s leadership through volunteer action, collaboration, and training; Kids Join the Fight says it raises money for local pediatric cancer care and research; and Ozanam Inn says it provides refuge, housing, clothing, meals, and counseling for homeless, transient, and indigent people.
Grantmaking
In 2024, the foundation made 63 grants totaling $64,689. Grants ranged from $50 to $16,000, with a median of $500. Among the largest grants were $16,000 to the American Red Cross in New Orleans, $8,086 to St Charles Ave Presbyterian Church, $5,000 to Edna Gladney Center, and $4,600 to Children’s Hospital of New Orleans. The listed grant purposes were “for the general benefit of the charity.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thomas B Favrot Jr as president and Janet Favrot as treasurer/secretary.
Thomas B Favrot Jr Family Fund is led by Thomas B. Favrot Jr., President on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Thomas B. Favrot Jr.
President
On filings since 2020
2 hrs/week
$4K (2021) → $4K (2024)
Janet S. Favrot
Treasurer & Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4K, to Thomas B Favrot Jr (President).
Frequently asked questions about Thomas B Favrot Jr Family Fund
How much does Thomas B Favrot Jr Family Fund give each year?
Thomas B Favrot Jr Family Fund gave $65K across 63 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $56K across 54 grants.
What is Thomas B Favrot Jr Family Fund's typical grant size?
Thomas B Favrot Jr Family Fund's median grant in 2024 was $500, and its average grant was $1,027, across 63 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Thomas B Favrot Jr Family Fund that year got $475 on average.
Where does Thomas B Favrot Jr Family Fund give grants?
Thomas B Favrot Jr Family Fund gives mostly in Louisiana: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Texas (10%). The most frequent recipient cities were New Orleans, LA (38 grants), Metairie, LA (7 grants), Midland, TX (2 grants) and Covington, LA (2 grants).
Does Thomas B Favrot Jr Family Fund give general operating support?
Yes: 100% of Thomas B Favrot Jr Family Fund's 2024 grants with a stated purpose (63 of 63) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Thomas B Favrot Jr Family Fund's largest grantees?
Thomas B Favrot Jr Family Fund's largest 2024 grantees include American Red Cross ($16,000), St Charles Ave Presbyterian Church ($8,086) and Edna Gladney Center ($5,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Thomas B Favrot Jr Family Fund?
Thomas B Favrot Jr Family Fund reported $578K in total assets on its 2024 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets).
What does Thomas B Favrot Jr Family Fund fund?
No mission statement for the foundation is provided. Its grantees’ stated missions show the range of organizations it supported in 2024. See mission & focus areas ↑
How do I apply for a grant from Thomas B Favrot Jr Family Fund?
No specific application form is required. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Thomas B Favrot Jr Family Fund's EIN?
Thomas B Favrot Jr Family Fund's EIN (Employer Identification Number) is 72-1318567. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Thomas B Favrot Jr Family Fund funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/thomas-b-favrot-jr-family-fund-morg_a23467ac2dfc46ceb4e4864192548f1f
BibTeX
@misc{grantable_721318567_2026,
author = {{Grantable}},
title = {{Thomas B Favrot Jr Family Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/thomas-b-favrot-jr-family-fund-morg_a23467ac2dfc46ceb4e4864192548f1f},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Thomas B Favrot Jr Family Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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