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Filing year 2023

Covenant Advisers Fund

Wilmington, Delaware·EIN 87-4052507·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.1M
Total assets
$6.7M
Total expenses
$226k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Dir, Pres, Sec, Treas
Unclassified
$75k
$84k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Covenant Advisers Fund equaled 33% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
33%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$79k

Itemized grants

9

Median grant

$7k

RecipientLocationPurposeAmount
GLOBAL ADOPTION SERVICES INCBEL AIR, MDGeneral & Unrestricted$20k
HOLOS HOPE NFPFLORENCE, ALGeneral & Unrestricted$18k
H RaderTrinity, ALHardship Assistance Grant$7k
A MillerPullman, WAShort-term Emergency Assistance Grant$7k
ALL GODS CHILDREN INTERNATIONALVANCOUVER, WAGeneral & Unrestricted$7k
KIDSFIRST ADOPTION SERVICES INCINDIANAPOLIS, INGeneral & Unrestricted$7k
T LaymanSolon, MEHardship Assistance Grant$7k
CHURCH OF THE LIVING GODMOULTON, ALSupport for Ukraine fund$6k
T WinslowEllabell, GAShort-term Emergency Assistance Grant$3k
Compare this foundation's grantees

Up 50%
from 2022

From $50k in 2022 to $75k in 2023.

$50k
2022
$75k
2023
In today's dollarsEst.
Up 44% in real terms$58k to $84k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Covenant Advisers Fund

What are Covenant Advisers Fund's revenue and expenses?

In 2023, Covenant Advisers Fund reported $2.1M in total revenue and $226k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.