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Covenant Charities Inc. is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2003. The principal officer is Robert Alpert. It holds total assets of $1.6M. Annual income is reported at $65K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas and Oklahoma. According to available records, Covenant Charities Inc. has made 35 grants totaling $1.1M, with a median grant of $15K. Annual giving has decreased from $801K in 2020 to $172K in 2022. Individual grants have ranged from $1K to $200K, with an average award of $31K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Texas, Colorado, New Jersey, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$17K
Largest Grant
$50K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Covenant Charities Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in TX, CO, NJ.
Covenant Charities Inc. has distributed a total of $1.1M across 35 grants. The median grant size is $15K, with an average of $31K. Individual grants have ranged from $1K to $200K.
Covenant Charities Inc. typically selects its grantees rather than accepting unsolicited proposals.
Covenant Charities Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Caryn L Peeples | Secretary | $0 | $0 | N/A |
| Jean Marie Alpert | Vice President | $0 | $0 | N/A |
| Robert Alpert | Pres/Tres | $0 | $0 | N/A |
Total Giving
$19K
Total Assets
$1.7M
Fair Market Value
$1.6M
Net Worth
$1.7M
Grants Paid
$16K
Contributions
N/A
Net Investment Income
$53K
Distribution Amount
N/A
Total: $324K
Total Grants
35
Total Giving
$1.1M
Average Grant
$31K
Median Grant
$15K
Unique Recipients
23
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sixfive FoundationCharity | Fort Worth, TX | $10K | 2021 |
| Search MinistriesCharity | Fort Worth, TX | $50K | 2022 |
| Family Legacy Missions InternationaCharity | Irving, TX | $20K | 2022 |
| T Bar MCharity | Braufels, TX | $10K | 2022 |
| Your VersionCharity | Edmond, OK | $5K | 2022 |
| 100 SharesCharity | Dallas, TX | $1K | 2022 |
| Dallas Theological SeminaryCharity | Dallas, TX | $15K | 2021 |
| Finishing Well MinistriesCharity | Plano, TX | $10K | 2021 |
| Watermark Community ChurchCharity | Dallas, TX | $5K | 2021 |
| Practice MinistriesCharity | Dallas, TX | $1K | 2021 |
| HalftimeCharity | Dallas, TX | $200K | 2020 |
| Young LifeCharity | Dallas, TX | $105K | 2020 |
| Young Life - Trail WestCharity | Buena Vista, CO | $66K | 2020 |
| Concord Church DallasCharity | Dallas, TX | $53K | 2020 |
| Livada Orphan CareCharity | Plano, TX | $30K | 2020 |
| East West Ministries IntCharity | Dallas, TX | $26K | 2020 |
| Dallas Lemonade Daychairty | Dallas, TX | $25K | 2020 |
| Christian UnionCharity | Princeton, NJ | $22K | 2020 |
| Emily'S PlaceCharity | Plano, TX | $21K | 2020 |
| Interfaith Family ServicesCharity | Dallas, TX | $5K | 2020 |
| Bridge2rwandaCharity | Little Rock, AR | $2K | 2020 |
| The Kings CollegeCharity | New York, NY | $2K | 2020 |
| Cornerstone Crossroads AcademyCharity | Dallas, TX | $1K | 2020 |