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Filing year 2024

COVENANT FOUNDATION INC

Atlanta, Georgia·EIN 58-6035088·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$434k
Total assets
$14.3M
Total expenses
$3.5M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. COVENANT FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

President
Chairman

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.1M

Itemized grants

58

Median grant

$10k

RecipientLocationPurposeAmount
THE DAVIS ACADEMYATLANTA, GAGENERAL$812k
JEWISH FEDERATION OF GREATER ATLANTAATLANTA, GAGENERAL$611k
CROHN'S & COLITIS FOUNDATIONNEW YORK, NYGENERAL$250k
AMERICAN ISRAEL EDUCATION FOUNDATIONWASHINGTON, DCGENERAL$185k
THE FOUNDATION FOR DEFENSE OF DEMOCRACIES(FDD)WASHINGTON, DCGENERAL$175k
GILEEATLANTA, GAGENERAL$111k
ATLANTA POLICE FOUNDATIONATLANTA, GAGENERAL$100k
JEWISH INSTITUTE FOR NATIONAL SECURITY AFFAIRS(JINSA)WASHINGTON, DCGENERAL$100k
OVARIAN CANCER INSTITUTEATLANTA, GAGENERAL$100k
BIRTHRIGHT ISRAEL FUNDNEW YORK, NYGENERAL$70k
JEWISH HOMELIFEATLANTA, GAGENERAL$65k
CAMP TWIN LAKESATLANTA, GAGENERAL$60k
SHEPPERD CENTER FOUNDATIONATLANTA, GAGENERAL$60k
AMERICAN JEWISH FEDERATION OF GREATERATLANTAATLANTA, GAGENERAL$50k
CHABAD RURAL GEORGIAATLANTA, GAGENERAL$50k
FRIENDSHIP CIRCLEATHENS, GAGENERAL$50k
CHOA FOUNDATIONATLANTA, GAGENERAL$30k
GRADY FOUNDATIONATLANTA, GAGENERAL$20k
HIGH MUSEUM OF ART ATLANTAATLANTA, GAGENERAL$15k
JEWISH EDUCATIONAL LOAN FUND (JELF)ATLANTA, GAGENERAL$15k
FRIENDS OF IDFNEW YORK, NYGENERAL$15k
MACCABEE TASK FORCE FOUNDATIONLAS VEGAS, NVGENERAL$13k
AMERICA-ISRAEL CULTURAL FOUNDATION INCNEW YORK, NYGENERAL$10k
ANDEE'S ARMYATLANTA, GAGENERAL$10k
COBB COUNTY COMMUNITY FOUNDATIONATLANTA, GAGENERAL$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

COVENANT FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$3.6M
2023
$434k
$3.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Georgia

COVENANT FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Georgia earns a median of $40,000.

25th percentile
$14k
Median
$40,000
75th percentile
$102k
90th percentile
$237k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 459 organizations across 459 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Georgia
FAQ

Common questions about COVENANT FOUNDATION INC

What are COVENANT FOUNDATION INC's revenue and expenses?

In 2024, COVENANT FOUNDATION INC reported $434k in total revenue and $3.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.