The Covenant College Foundation is the planned-giving arm of Covenant College. The primary purpose is to grow the College's endowment, which helps ensure the future of the College and the pursuit of its mission to explore and express the preeminence of Jesus Christ in all things.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $30k $32k |
President/executive Director 10th to 25th percentile | $27k $29k |
Assistant Treasurer 10th to 25th percentile | $6k $7k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 15 unpaid individuals.
Down 6%
from 2022
From $32k in 2022 to $30k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay fell 6% from 2022 to 2023, while revenue rose 90%.
- Chief Executive Officer pay rose 20% from 2022 to 2023.
- Chief Financial Officer pay fell 71% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
Covenant College Foundation Inc reported revenue and expenses across 2 filing years.
Common questions about Covenant College Foundation Inc
What does the Board Member of Covenant College Foundation Inc earn?
In 2023, the Board Member of Covenant College Foundation Inc received $29,734 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Covenant College Foundation Inc compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at Covenant College Foundation Inc falls between the median and the 75th percentile.
What are Covenant College Foundation Inc's revenue and expenses?
In 2023, Covenant College Foundation Inc reported $3.7M in total revenue and $1.3M in total expenses on its IRS Form 990.
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