The Covenant Foundation

STILLWATER, MN EIN: 36-3566128

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$30K

-52.8% YoY

Annual Giving

$124K

+27.8% YoY

Grant Count

24

+41.2% YoY

Avg Grant Size

$5K

-9.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K201920202021202220232024
Metric202420232022
Total Assets$29,640$62,845$2,968
Revenue$92,600$159,313$140,000
Expenses$125,805$99,436$137,251
Qualifying Distributions$125,805$99,436$137,251
Net Investment Income
Distributable Amount$1,174$1,952$275

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$92K$138K$184K27 grants201923 grants202022 grants202119 grants202217 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MINNESOTA FAMILY INSTITUTE$25KCANOPY GLOBAL FOUNDATION…$10KLIBERTY BIBLE CHURCH$10KLIBERTY CLASSICAL ACADEMY$10KMINNESOTA ADULT & TEEN C…$10KMORELIA HOME FOR CHILDREN$10KOPTIONS FOR WOMEN$10KTEENS FOR CHRIST$6KBRYDGES CENTRE$5KTRAINING LEADERS INTERNA…$5K

Grant Size Distribution

132 grants across all recorded years

132<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Covenant Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LUCRETIA HAIREDIRECTOR1
STEVEN HAIREDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

13states
+5 more states

Cities

AndoverArlingtonAshevilleBrooklyn CenterColumbia HeightsCoshoctonDes MoinesEaganEscondidoGilmerHastingsHudsonInternational FallsJacksonLa MiradaMaple GroveMedinaMinneapolisNaplesOak Park Heights

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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