Clifford F Favrot Family Fund

Organization Overview

Clifford F Favrot Family Fund is located in Covington, LA. The organization was established in 1961. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clifford F Favrot Family Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Clifford F Favrot Family Fund generated $196.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $329.3k during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Clifford F Favrot Family Fund has awarded 44 individual grants totaling $670,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
William E Favrot
Director
$40,000
Sallie F Stroud
Assistant Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,543
Dividends & Interest $111,138
Net Rental Income$0
Net Gain on Sale of Assets $84,133
Capital Gain Net Income $84,133
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $196,814

Grants Awarded

Over the last fiscal year, Clifford F Favrot Family Fund has awarded $270,000 in support to 10 organizations.

Grant RecipientAmount

FIRST LIBERTY

PURPOSE: GENERAL

$40,000

AMERICA FIRST POLICY INSTITUTE

PURPOSE: GENERAL

$40,000

CITIZENS UNITED FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL

$40,000

CONSUMERS' RESEARCH

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL

$40,000

EAST TENNESSEE CHILDRENS HOSPITAL

PURPOSE: GENERAL

$35,000

WYCLIFFE BIBLE TRANSLATORS

Org PageRecipient Profile

Orlando, FL

PURPOSE: GENERAL

$35,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
Impetus Foundation
San Antonio, TX
$85,291,192
Builders Initiative
Bentonville, AR
$530,265,880

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