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Covenant Foundation is a private corporation based in BRENTWOOD, TN. The foundation received its IRS ruling in 2000. The principal officer is Donald Albright. It holds total assets of $8K. Annual income is reported at $114K. Total assets have decreased from $81K in 2011 to $32K in 2023. Providing Financial Support to Individual Ministries School Programs and Charities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Covenant Foundation has made 5 grants totaling $402K, with a median grant of $93K. The foundation has distributed between $87K and $222K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $222K distributed across 2 grants. Individual grants have ranged from $456 to $111K, with an average award of $80K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Alabama and Colorado. Contributions to this foundation are tax-deductible.
Providing Financial Support to Individual Ministries School Programs and Charities
Expenses: $87K
Providing Financial Support to Individual Ministries School Programs and Charities. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in AL, CO.
Covenant Foundation has distributed a total of $402K across 5 grants. The median grant size is $93K, with an average of $80K. Individual grants have ranged from $456 to $111K.
Covenant Foundation typically selects its grantees rather than accepting unsolicited proposals.
Covenant Foundation is headquartered in BRENTWOOD, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$94K
Total Assets
$32K
Fair Market Value
$32K
Net Worth
$32K
Grants Paid
$93K
Contributions
$121K
Net Investment Income
N/A
Distribution Amount
$284
Total Grants
5
Total Giving
$402K
Average Grant
$80K
Median Grant
$93K
Unique Recipients
2
Most Common Grant
$111K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Hope Bible CollegeMinistry support to Bible College in India | Kerala State India | $93K | 2023 |
| Compassion InternationalSponsor a Child | Colorado Springs, CO | $456 | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN