Thomas B Favrot Jr Family Fund

COVINGTON, LA EIN: 72-1318567

Thomas B Favrot Jr Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COVINGTON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $578K in total assets. In 2024, it awarded 63 grants totaling $65K. Net investment income was $58K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$578K

+0.6% YoY

Annual Giving

$65K

+14.5% YoY

Grant Count

63

+16.7% YoY

Avg Grant Size

$1K

-1.8% YoY

About Thomas B Favrot Jr Family Fund

Based on IRS filings

Thomas B Favrot Jr Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COVINGTON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $578K in total assets. In 2024, it awarded 63 grants totaling $65K. Net investment income was $58K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlexandriaArlingtonChapel HillCharlotteChicagoCovingtonDallasFalls ChurchFort WorthFt WorthHomerHoustonHuntsvilleLorangerMandevilleMarreroMemphisMetairieMidlandNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$110K20202021202220232024
Metric202420232022
Total Assets$577,509$574,090$633,393
Revenue$58,228$18,199$40,234
Expenses$68,903$77,502$48,478
Qualifying Distributions$64,689$56,476$40,395
Net Investment Income$58,014$29,444$40,234
Distributable Amount$34,595$33,057$35,075

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$32K$49K$65K31 grants202024 grants202122 grants202254 grants202363 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN RED CROSS$16KST CHARLES AVE PRESBYTER…$8KEDNA GLADNEY CENTER$5KCHILDREN'S HOSPITAL OF N…$5KBASTIAN COMMUNITY OF RES…$2KFRIENDS OF THE CABILDO$2KJUNIOR LEAGUE OF NEW ORL…$1KHABITAT FOR HUMANITY$1KLA SPCA$1KSECOND HARVEST FOOD BANK$1K

Grant Size Distribution

177 grants across all recorded years

177<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS B FAVROT JRPRESIDENT$4K

From 2024 filing

NameTitleHoursCompensation
THOMAS B FAVROT JRPRESIDENT2$4,000
JANET FAVROTTREASURER/SECRETARY

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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