Favrot Fund is located in Houston, TX. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Favrot 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 12/2022, Favrot Fund generated $543.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Favrot Fund has awarded 117 individual grants totaling $4,393,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Romelia Favrot Treasurer/trustee | 1 | $0 | |
Laurence Favrot President/trustee | 1 | $0 | |
Leo M Favrot Trustee | 1 | $0 | |
Lenior M Josey Trustee | 1 | $0 | |
Jeanette F Peterson Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $342,777 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $200,751 |
Capital Gain Net Income | $200,751 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $543,528 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $8,056 |
Depreciation | $0 |
Occupancy | $11,847 |
Travel, conferences, and meetings | $12,933 |
Printing and publications | $0 |
Other expenses | $4,865 |
Total operating and administrative expenses | $208,261 |
Contributions, gifts, grants paid | $1,001,000 |
Total expenses and disbursements | $1,209,261 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $374,636 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $1,719 |
Total assets | $14,350,778 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $6,953 |
Total liabilities | $6,953 |
Over the last fiscal year, Favrot Fund has awarded $1,001,000 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
THE UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUSTON (LMJ) PURPOSE: THE OBJECTIVE OF UT HEALTH SCIENCE CENTER IS TO EDUCATE HEALTH SCIENCE PROFESSIONALS TO DISCOVER AND TRANSLATE ADVANCES IN THE BIOMEDICAL AND SOCIAL SCIENCES AND THE BEST PRACTICES IN CLINICAL CARE AND PUBLIC HEALTH. THE PURPOSE OF THE GRANT IS TO PROVIDE DISCRETIONARY FUNDS FOR THE PRESIDENT TO BE USED TO PURSUE EXCELLENCE IN EDUCATION AND TO SUPPORT THE PARKINSON STUDY. | $100,000 |
DOCTORS WITHOUT BORDERS (MEDECINS SANS FRONTIERES) (JFP) PURPOSE: DOCTORS WITHOUT BORDERS BRING MEDICAL CARE AND EMERGENCY RELIEF TO AREAS AND POPULATIONS IN CRISES. THE PURPOSE OF THE GRANT IS TO PROVIDE PROMPT AND LIFE-SAVING ASSISTANCE TO REFUGEES IN UKRAINE (OUR PRIORITY) AND AFGHANISTAN. | $75,000 |
GLENWOOD CEMETERY HISTORIC PRESERVATION FOUNDATION (LMF) PURPOSE: THE GLENWOOD CEMETERY HISTORIC PRESERVATION FOUNDATION WAS FORMED IN 1999 TO RAISE FUNDS FOR THE PRESERVATION OF HISTORIC GLENWOOD CEMETERY (1871) TO PAY FOR TREE AND LANDSCAPE MAINTENANCE, REPAIRS AND RESTORATION OF HISTORIC MONUMENTS, AND SPECIAL PROJECTS LIKE EROSION CONTROL. THE PURPOSE OF THE GRANT IS TO PROVIDE FUNDING AS FOLLOWS: 1) $45,000 FOR THE CONSTRUCTION OF THE CENTER FOR GLENWOOD; AND 2) $15,000 FOR A SPECIFIC FAMILY PLOT AS WELL AS GENERAL MAINTENANCE OF THE CEMETERY. | $60,000 |
DRIVE A SENIOR CENTRAL TEXAS (LMF) PURPOSE: THE MISSION OF DRIVE A SENIOR IS TO ENRICH LIVES AND COMMUNITIES BY PROVIDING TRANSPORTATION AND SOCIALIZATION TO NON-DRIVING SENIORS, HELPING THEM TO AGE IN PLACE. THE PURPOSE OF THE GRANT IS FUNDING TO BE USED AS FOLLOWS: 1) $23,500 FOR FUND STAFF FOR OUTREACH EVENTS TO RECRUIT NEW VOLUNTEERS AND CLIENTS; 2) $12,000 TO PRODUCE MORE PRINT AND VISUAL MATERIALS IN ENGLISH AND SPANISH; 3) $8,0000 TO HIRE LOCAL PHOTOGRAPHER, VIDEOGRAPHER AND SOCIAL MEDIA SPECIALIST; 4) $5,000 TO PRODUCE MERCHANDISING PRODUCTS AND PRINT MATERIALS; AND 5) $6,500 TO HOLD VOLUNTEER APPRECIATION AND RECRUITMENT EVENTS. | $55,000 |
NATURE CONSERVANCY INC (LMF) PURPOSE: THE MISSION OF THE CONSERVANCY IS TO CONSERVE THE LANDS AND WATERS ON WHICH ALL LIFE DEPENDS. ACROSS THE GLOBE, OUR PRESERVES AND CONSERVATION PROJECTS SERVE AS FIELD LABS FOR DEVELOPING THE BEST WAYS TO PROTECT LAND, WATER, AND WILDLIFE. ITS VISION IS A WORLD WHERE THE DIVERSITY OF LIFE THRIVES, AND PEOPLE ACT TO CONSERVE NATURE FOR ITS OWN SAKE AND ITS ABILITY TO FULFILL OUR NEEDS AND ENRICH OUR LIVES. THE PURPOSE OF THE GRANT IS TO PROVIDE FUNDING FOR THE PRESCRIBED FIRE PROGRAM IN TEXAS TO PROVIDE EFFECTIVE METHODS OF LAND STEWARDSHIP WHILE PROMOTING A PUBLIC UNDERSTANDING OF THE ROLE OF FIRE MANAGEMENT AND ITS USE FOR MAINTAINING RESILIENT ECOSYSTEMS. | $55,000 |
Houston, TX PURPOSE: THE HOUSTON ZOO CONNECTS COMMUNITIES WITH ANIMALS TO INSPIRE ACTION TO SAVE WILDLIFE AND IS COMMITTED TO BEING A LEADER IN THE GLOBAL EFFORT TO SAVE ANIMALS IN THE WILD. THE PURPOSE OF THE GRANT IS TO SUPPORT CONSERVATION HERITAGE TURAMBES EDUCATORS, EFFECTIVE CONSERVATION EDUCATION AND LIVELIHOOD PROGRAMS, AND HEALTH INITIATIVES IN RWANDA COMMUNITIES LIVING AROUND WILDLIFE, ESPECIALLY THE GORILLA. | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |