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Covenant Christian Foundation Inc. is a private corporation based in HAWTHORNE, NJ. The foundation received its IRS ruling in 2011. The principal officer is Richard Hoogmoed. It holds total assets of $524K. Annual income is reported at $75K. Total assets have decreased from $939K in 2011 to $521K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of religion. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey, Colorado and Virginia. According to available records, Covenant Christian Foundation Inc. has made 8 grants totaling $140K, with a median grant of $8K. The foundation has distributed between $64K and $76K annually from 2022 to 2023. Individual grants have ranged from $4K to $48K, with an average award of $18K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New Jersey and Colorado and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$10K
Average Grant
$19K
Largest Grant
$48K
Based on 4 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 Christian Foundation Inc. primarily funds organizations in the area of religion. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NJ, CO, VA.
Covenant Christian Foundation Inc. has distributed a total of $140K across 8 grants. The median grant size is $8K, with an average of $18K. Individual grants have ranged from $4K to $48K.
The application deadline is THE ORGANIZATION HAS NO SPECIFIC DEADLINE FOR APPLICATIONS.. The organization requires that the funds be disbursed to christian organizations for to enhance their organization. The monies are only to be distributed to families that remained active in the organization where the monies were obtained from. The organization also allows for families to apply for assistance for christian education. They are permitted to apply annually for $2,000 per student with a maximum of $20,000 during the students lifetime.
Covenant Christian Foundation Inc. is headquartered in HAWTHORNE, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John D Mchugh | Trustee | $0 | $0 | N/A |
| Richard Hoogmoed | President | $0 | $0 | N/A |
| Steven Hanko | Trustee | $0 | $0 | N/A |
Total Giving
$73K
Total Assets
$521K
Fair Market Value
N/A
Net Worth
$521K
Grants Paid
$64K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
N/A
Total Grants
8
Total Giving
$140K
Average Grant
$18K
Median Grant
$8K
Unique Recipients
4
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hawthorne Christian AcademyTUITION ASSISTANCE | Hawthorne, NJ | $44K | 2023 |
| Loveland Protestant Reformed ChurchBUILDING PROJECT. | Loveland, CO | $8K | 2023 |
| Faith Christian SchoolTUITION ASSISTANCE | Roanoke, VA | $8K | 2023 |
| Eastern Christian SchoolTUITION ASSISTANCE. | North Haledon, NJ | $4K | 2023 |