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Covenant Foundation is a private corporation based in STILLWATER, MN. The foundation received its IRS ruling in 1988. It holds total assets of $30K. Annual income is reported at $93K. Total assets have decreased from $407K in 2010 to $30K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Covenant Foundation has made 61 grants totaling $454K, with a median grant of $5K. Annual giving has grown from $184K in 2020 to $270K in 2022. Individual grants have ranged from $1K to $45K, with an average award of $7K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, Illinois, which account for 70% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$8K
Largest Grant
$45K
Based on 23 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 Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in MN, WI, IL.
Covenant Foundation has distributed a total of $454K across 61 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $45K.
Covenant Foundation typically selects its grantees rather than accepting unsolicited proposals.
Covenant Foundation is headquartered in STILLWATER, MN. While based in MN, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Haire | DIRECTOR | $0 | $0 | N/A |
| Lucretia Haire | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$30K
Fair Market Value
N/A
Net Worth
$30K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
61
Total Giving
$454K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
24
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| As Unto HimPAYMENT FOR GENERAL SUPPORT | Gilmer, TX | $1K | 2022 |
| Minnesota Family InstitutePAYMENTS FOR MATCHING CHALLENGE | Minneapolis, MN | $31K | 2022 |
| Liberty Bible ChurchPAYMENTS TO SUPPORT EDUCATION OF CHILDREN WHO IMPACT THE CULTURE FOR CHRIST. | Andover, MN | $17K | 2022 |
| Minnesota Adult & Teen ChallengePAYMENTS TO SUPPORT TEENS AND ADULTS GAINING FREEDOM FROM CHEMICAL ADDICTION | Minneapolis, MN | $16K | 2022 |
| Teens For ChristPAYMENTS FOR OUTREACH | Hudson, WI | $15K | 2022 |
| Options For WomenPAYMENTS TO PROVIDE SUPPORT, ASSISTANCE & GUIDANCE FOR UNPLANNED PREGNANCIES. | Stillwater, MN | $10K | 2022 |
| Morelia Home For ChildrenPAYMENTS FOR SUPPORT OF MISSION IN MORELIA, MEXICO | Stillwater, MN | $6K | 2022 |
| Training Leaders InternationalPAYMENTS TO SUPPORT LEADERSHIP PROGRAMS | Wheaton, IL | $6K | 2022 |
| Youth Investmenttimber BayPAYMENTS TO SUPPORT LONG-TERM YOUTH MENTORSHIP | Medina, MN | $6K | 2022 |
| Mms AviationPAYMENT FOR GENERAL SUPPORT | Coshocton, OH | $5K | 2022 |
| CruPAYMENTS TO FUND INTERNATIONAL MINISTRY | Orlando, FL | $5K | 2022 |
| Legacy Christian AcademyPAYMENT FOR GENERAL SUPPORT | Andover, MN | $3K | 2022 |
| Live ActionPAYMENTS TO SUPPORT PRO-LIFE MOVEMENT | Arlington, VA | $3K | 2022 |
| Evangelical Free Church Of AmericaPAYMENTS FOR FELLOWSHIP | Minneapolis, MN | $3K | 2022 |
| Northern Youth ProgramsPAYMENTS FOR YOUTH PROGRAMS | International Falls, MN | $2K | 2022 |
| Interserve UsaINTERSERVE USA | Upper Darby, PA | $2K | 2022 |
| National Fathering MinistryPAYMENTS TO ASSIST FATHERING PROGRAMS | Minneapolis, MN | $2K | 2022 |
| Brydges CentrePAYMENTS TO SUPPORT VULNERABLE CHILDREN | White Bear Lake, MN | $2K | 2022 |
| God'S Daily Word MinistriesPAYMENT FOR FELLOWSHIP | Jackson, TN | $1K | 2022 |