The "terminology" used in this thread may not be understood the same by all parties, thus making a solution problematical.
Definitions
1) "My Favorites" are individual Frequencies or Talk Groups that one would like to be able to listen to.
2) "Favorite List" or Favorites List" is a single entity that contains one, or more, of "my favorites".
3) "Favorite Lists" or Favorites Lists" are two, or more, entities that each contain one, or more, of "my favorites". As per Alex, " ... turn on the favorites lists you wish to monitor ...". These will be shown as the name/names you gave them. You can also turn these FLs on and off with Quick Keys".
The easiest solution is to make multiple FLs, each containing a small number of Freq's/TGs (my favorites), and only control FLs from the scanner. Selecting from "my favorites" for scanning or not scanning using the scanner menu is a very difficult task.