Thomas B Favrot Family Fund in New Orleans, Louisiana (LA)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Louisiana
| Thomas B Favrot Family Fund | |
| Employer Identification Number (EIN) | 581611162 |
| Name of Organization | Thomas B Favrot Family Fund |
| Address | 400 Fairway Dr, New Orleans, LA 70124-1023 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 04/1985 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2011 |
| Assets | $500,000 to $999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) (990-PF required) |
| Asset Amount | $520,562 |
| Amount of Income | $134,642 |
| Form 990 Revenue Amount | $56,943 |
Non-representatives - add comments:
Revenue for 2011
Expenses for 2011
Assets for 2011
| Analysis of Revenue and Expenses (for 2011) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $56,943 | $56,943 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $6,589 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $50,354 | |||
| Total expenses and disbursements | $58,599 | $3,904 | $0 | $54,100 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $4,499 | $3,904 | $0 | |
| Contributions, gifts, grants paid | $54,100 | |||
| Excess of revenue over expenses and disbursements | $-1,656 | |||
| Net investment income | $53,039 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2011) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $520,562 | $632,763 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $436,343 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $84,219 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $520,562 | |
| Capital Gains and Losses for Tax on Investment Income (for 2011) | |
| Capital gain net income | $50,354 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2011) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $530 |
| Total credits and payments | $480 |
| 2011 estimated tax payments and 2010 overpayment credited to 2011 | $480 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $50 |
| Amount to be credited to 2012 estimated tax | $0 |
| Statements Regarding Activities (for 2011) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2011) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2011) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $599,586 |
| Net value of noncharitable-use assets | $590,600 |
| Minimum investment return | $29,530 |
| Distributable Amount (for 2011) | |
| Distributable amount | $29,000 |
| Undistributed Income (for 2011) | |
| Distributable amount for 2011 | $29,000 |
| Undistributed income for 2011. This amount must be distributed in 2012 | $0 |
| Private Operating Foundations (for 2011) | |||||
| 2011 | 2010 | 2009 | 2008 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Louisiana | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Theodore Dendinger Sr Memorial Cemetary | Po Box 51, Madisonville, LA 70447 | LA | 1988-02 | $0 |
| 2 | Theta Beta Sigma Programs And Housing Foundation | PO BOX 50984, New Orleans, LA 70150-0984 | LA | 2001-02 | $20,710 |
| 3 | Thibodaux Area Christmas Toy Dr, Kathleen D Gros | PO BOX 1014, Thibodaux, LA 70302-1014 | LA | 1997-03 | $28,723 |
| 4 | Thibodaux Biddy Basketball Association Inc | PO BOX 5453, Thibodaux, LA 70302-5453 | LA | 1991-02 | $66,131 |
| 5 | Thibodaux Chamber Of Commerce | 318 E Bayou Rd, Thibodaux, LA 70301-8036 | LA | 1967-08 | $232,153 |
| 6 | Thibodaux Dixie Baseball Association Inc | PO BOX 5566, Thibodaux, LA 70302-5566 | LA | 1997-08 | $45,261 |
| 7 | Thibodaux Playhouse Inc | Po Box 43, Thibodaux, LA 70302 | LA | 1990-11 | $0 |
| 8 | Thibodaux Soccer Association | PO BOX 944, Thibodaux, LA 70302-0944 | LA | 2007-11 | $110,890 |
| 9 | Thibodaux Volunteer Fire Department Inc | PO BOX 1421, Thibodaux, LA 70302-1421 | LA | 1987-11 | $2,562,786 |
| 10 | Thomas B Farvot Jr Family Fund | 400 Fairway Dr, New Orleans, LA 70124-1023 | LA | 1997-01 | $208,195 |
| 11 | Thomas B Favrot Family Fund | 400 Fairway Dr, New Orleans, LA 70124-1023 | LA | 1985-04 | $134,642 |
| 12 | Thomas Family Foundation | PO BOX 8178, Monroe, LA 71211-8178 | LA | 2006-09 | $9,440 |
| 13 | Thomas L Young Auxiliary Of Southeast Louisiana Hospital | 242 Oak Dr, Mandeville, LA 70471-1618 | LA | 2003-01 | $23,565 |
| 14 | Thomas Training & Development Center Inc | PO BOX 308, Franklin, LA 70538-0308 | LA | 1994-11 | $30,750 |
| 15 | Thrift Shop | PO BOX 3255, Fort Polk, LA 71459-0255 | LA | 1983-10 | $63,509 |
| 16 | Thy Kingdom Come Inc | 13505 N Amiss Rd, Baton Rouge, LA 70810-5038 | LA | 2006-12 | $5,871 |
| 17 | Tidwell Landing Cemetery Fund Inc | Po Box 55, Jena, LA 71342 | LA | 2011-07 | $0 |
| 18 | Times-Picayune Doll And Toy Fund And Christmas Gift Fund | 3800 Howard Ave, New Orleans, LA 70125-1429 | LA | 1959-01 | $117,060 |
| 19 | To The Ends Of The Earth Ministries | 16230 Ole Homestead Lane, Prairieville, LA 70769 | LA | 2000-07 | $11,790 |
| 20 | Todays Harvest Hands Inc | 428 Monroe Dr, Natchitoches, LA 71457-2606 | LA | 2010-06 | $16,961 |


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