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Filing year 2024

New Covenant Foundation Inc

Wilmington, Delaware·EIN 20-1986617·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$198k
Total assets
$1.1M
Total expenses
$398k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Treas, Dir
Unclassified
$48k
$52k
Pres, Dir
Unclassified
$12k
$13k

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 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at New Covenant Foundation Inc equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
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 2024 Form 990-PF, Part XV.

Total granted

$307k

Itemized grants

18

Median grant

$4k

RecipientLocationPurposeAmount
FLORIDA ANNUAL CONFERENCE OF THE UNITED METHODISTLAKELAND, FLDisaster Recovery Ministry for the Florida Annual Conference of the UMC$200k
UNIVERSITY OF MAINE SYSTEM INCORONO, MEto support 20 months of maintenance, repair, Software design, development, testing, and operational support for the National Exam Test Tool (NETT). This includes daily monitoring, 7 days a week, of the NETT application to ensure it is functioning properly and any questions from users or prospective users are replied to within 24 hours. Weekly reports on the functionality, usage, operational availability and support provided to national and international users shall be provided based on the daily checking of the system and "help desk" email account for NETT. Also provide the analysis, research and development of enhancements to the National Examination Preparation (NEP) Course.$35k
UNIVERSITY OF MAINE FOUNDATIONORONO, MEServant Heart Research Collaborative (SHRC) to continue the worldwide efforts to improve, enhance, distribute, collaborate and train related to the Attachment Theory (AT) Workshop$12k
AMERICAN CANCER SOCIETYBOSTON, MAGeneral & Unrestricted$10k
GENERAL BOARD OF GLOBAL MINISTRIES OF THE UMCATLANTA, GAto support Yambasu Agriculture Initiative operations in Sierra Leone, West Africa$10k
GOOD NEWS JAIL & PRISON MINISTRYALBERT LEA, MNGlobal Outreach Fund$10k
OSSIPEE CHILDRENS FUND INCCTR OSSIPEE, NHGeneral & Unrestricted$10k
HELPING CHILDREN WORLDWIDE INCCHANTILLY, VAto support the continued education of the Mercy Hospital physician under the Service for Scholarship Program Fund$5k
RISEN JESUS INCBALL GROUND, GAto support Risen Jesus spread the Good News locally, nationally, and around the world using all forms of communication$5k
CONNECTING COMMON THREADS INCGAINESVILLE, VAto support trip and travel expenses to Sierra Leone$3k
EDUCATIONAL FOUNDATION OF ALPHA GAMMA RHOKANSAS CITY, MOto support the education and guidance of AGR leaders in order to Make Better Men!$1k
HABITAT FOR HUMANITY INTERNATIONAL INCYARMOUTHPORT, MAGeneral & Unrestricted$1k
MEDECINS SANS FRONTIERES USA INCNEW YORK, NYGeneral & Unrestricted$1k
MERCY SHIPSLINDALE, TXGeneral & Unrestricted$1k
OSTERVILLE UNITED METHODIST CHURCHOSTERVILLE, MAUnited Methodist Church of Osterville Lend-A-Hand equipment fund and projects$1k
THE HOME FOR LITTLE WANDERERS INCBOSTON, MAGeneral & Unrestricted$1k
VERITAS FOUNDATIONCARNATION, WAto purchase educational supplies for Sierra Leone and support programs and training in Sierra Leone$1k
VOICE OF THE MARTYRS INCBARTLESVILLE, OKto support the hard working Christian disciples of Christ to spread the Good News of the Gospel. Help the imprisoned Christians and those preaching to those in need around the world.$1k
Compare this foundation's grantees

Held steady
from 2023

From $48k in 2023 to $48k in 2024.

$48k
2023
$48k
2024
In today's dollarsEst.
Down 3% in real terms$53k to $52k

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 New Covenant Foundation Inc

What are New Covenant Foundation Inc's revenue and expenses?

In 2024, New Covenant Foundation Inc reported $198k in total revenue and $398k 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.