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Filing year 2023

THE COVENANT FOUNDATION

Stillwater, Minnesota·EIN 36-3566128·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$93k
Total assets
$30k
Total expenses
$126k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. THE COVENANT FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Director
Director

Grants paid

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

Total granted

$124k

Itemized grants

24

Median grant

$3k

RecipientLocationPurposeAmount
MINNESOTA FAMILY INSTITUTEMINNEAPOLIS, MNPAYMENTS FOR MATCHING CHALLENGE$25k
CANOPY GLOBAL FOUNDATION INCNAPLES, FLPAYMENTS FOR GENERAL SUPPORT$10k
LIBERTY BIBLE CHURCHWISCONSIN RAPIDS, WIPAYMENTS FOR GENERAL SUPPORT$10k
LIBERTY CLASSICAL ACADEMYWHITE BEAR LAKE, MNPAYMENT FOR GENERAL SUPPORT$10k
MINNESOTA ADULT & TEEN CHALLENGEMINNEAPOLIS, MNPAYMENTS TO SUPPORT TEENS AND ADULTS GAINING FREEDOM FROM CHEMICAL ADDICTION$10k
MORELIA HOME FOR CHILDRENSTILLWATER, MNPAYMENTS FOR SUPPORT OF MISSION IN MORELIA, MEXICO$10k
OPTIONS FOR WOMENOAK PARK HEIGHTS, MNPAYMENTS FOR GENERAL SUPPORT$10k
TEENS FOR CHRISTHUDSON, WIPAYMENTS FOR OUTREACH$6k
BRYDGES CENTREWHITE BEAR LAKE, MNPAYMENTS TO SUPPORT VULNERABLE CHILDREN$5k
TRAINING LEADERS INTERNATIONALWHEATON, ILPAYMENTS TO SUPPORT LEADERSHIP PROGRAMS$5k
YOUTH INVESTMENT FOUNDATIONMEDINA, MNPAYMENTS FOR GENERAL SUPPORT$4k
CRUORLANDO, FLPAYMENTS TO FUND INTERNATIONAL MINISTRY$3k
LIVE ACTIONARLINGTON, VAPAYMENTS TO SUPPORT PRO-LIFE MOVEMENT$3k
FOREVER ADVENTUREMINNEAPOLIS, MNPAYMENTS FOR GENERAL SUPPORT$2k
NORTHERN YOUTH PROGRAMSINTERNATIONAL FALLS, MNPAYMENTS FOR YOUTH PROGRAMS$2k
AS UNTO HIMGILMER, TXPAYMENT FOR GENERAL SUPPORT$1k
EVANGELICAL FREE CHURCH OF AMERICAMINNEAPOLIS, MNPAYMENTS FOR FELLOWSHIP$1k
GOD'S DAILY WORD MINISTRIESJACKSON, TNPAYMENT FOR FELLOWSHIP$1k
INTERSERVE USAUPPER DARBY, PAINTERSERVE USA$1k
LEGACY CHRISTIAN ACADEMYANDOVER, MNPAYMENT FOR GENERAL SUPPORT$1k
MISSIONARY MAINTENANCE SERVICESCOSHOCTON, OHPAYMENTS FOR GENERAL SUPPORT$1k
NATIONAL FATHERING MINISTRYMINNEAPOLIS, MNPAYMENTS TO ASSIST FATHERING PROGRAMS$1k
THE DWELLING PLACECOLUMBIA HEIGHTS, MNPAYMENT FOR GENERAL SUPPORT$1k
TIME MISSIONSDES MOINES, IAPAYMENTS FOR GENERAL SUPPORT$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$159k
$99k
2022
$93k
$126k
2023
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

THE COVENANT FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

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

Common questions about THE COVENANT FOUNDATION

What are THE COVENANT FOUNDATION's revenue and expenses?

In 2023, THE COVENANT FOUNDATION reported $93k in total revenue and $126k in total expenses on its IRS Form 990.

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