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Covenant Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1961. It holds total assets of $14.3M. Annual income is reported at $618K. According to available records, Covenant Foundation Inc. has made 2 grants totaling $6.1M, with a median grant of $3.1M. The foundation has distributed between $2.9M and $3.2M annually from 2023 to 2024. Individual grants have ranged from $2.9M to $3.2M, with an average award of $3.1M. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Covenant Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in GA.
Covenant Foundation Inc. has distributed a total of $6.1M across 2 grants. The median grant size is $3.1M, with an average of $3.1M. Individual grants have ranged from $2.9M to $3.2M.
Covenant Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Covenant Foundation Inc. is headquartered in ATLANTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay M Davis | President | $0 | $0 | $0 |
| Ann Davis | Vice President | $0 | $0 | $0 |
Total Giving
$3.6M
Total Assets
$16.7M
Fair Market Value
$43.3M
Net Worth
$16.7M
Grants Paid
$3.2M
Contributions
$786K
Net Investment Income
$6.2M
Distribution Amount
$1.8M
Total: $10M
Total Grants
2
Total Giving
$6.1M
Average Grant
$3.1M
Median Grant
$3.1M
Unique Recipients
1
Most Common Grant
$2.9M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Detailed Attached ListSEE ATTACHED LISTING | Atlanta, GA | $3.2M | 2024 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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