The Favrot Fund

Nonprofit profile at a glance

EIN
760638639
IRS 990-PF coverage
2012–2025
Forms available
Form 990-PF 2025
Location
Houston, TX, USA
Phone
7136221442
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$1,930,766
Expenses
$1,236,594

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Private Grantmaking Foundations

What it reported funding in 2025

The foundation reported 20 grants totaling $1,004,400. The stated grant purposes included cmc foundation of central texas provides fundraising support for dell children's medical center, a member of ascension texas/ascension seaton, which is the largest nonprofit health system in the u.s. dell children's mission is to provide excellent care to all children who come to austin, tx for treatment regardless of a familys ability to pay. the purpose of the grant is the final installment of a 3-year total $250,000 grant to assist in establishing the first endowed nursing fund within the texas center for pediatric and congenital heart disease at dell children's establishing the amy greenwood hemingway endowed professorship in cardiac advanced practice nursing., doctors without borders brings medical care and emergency humanitarian relief to areas and populations in crises. the purpose of the grant is to provide funds for the emergency relief fund to provide medical and humanitarian aid to countries in crisis due to war or natural disaster., and forever balboa park provides expertise, advocacy and resources to envision, enhance and sustain balboa park for all visitors in partnership with the city of san diego. this is the 3rd installment of a 3-year $300,000 total grant to be disbursed at $100,000 per year; each installment to be applied 1) $50,000 to support botanical building and gardens operations; and $50,000 towards general operational support., plus 17 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 93% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 81
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 24

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 77th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 81.2%; rating input score 81; 38th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 12.7; rating input score 24; 24th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 24th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 11 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 22 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 24/100.
  • Review — Compliance: Part VII-B activity disclosures: Grants to organizations not reported.