Covantage Cares Foundation Inc logo

Covantage Cares Foundation Inc

ANTIGO, WI EIN: 81-1056981 Website

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY PROVIDING FINANCIAL ASSISTANCE TO INDIVIDUALS, ESPECIALLY THOSE EXPERIENCING SIGNIFICANT FINANCIAL CHALLENGE, AND TO ORGANIZATIONS WORKING TO ENHANCE THE QUALITY OF LIFE OF RESIDENTS LIVING IN THE COMMUNITIES SERVED BY COVANTAGE CREDIT UNION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$57K

-54.8% YoY

Annual Giving

$573K

+27.5% YoY

Grant Count

13

-13.3% YoY

Avg Grant Size

$44K

+47.1% YoY

About Covantage Cares Foundation Inc

Based on IRS filings

Covantage Cares Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ANTIGO, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57K in total assets. In 2024, it awarded 13 grants totaling $573K. Net investment income was $727.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AntigoAppletonArgonneCrandonCrystal FallsElchoGaastraGreen BayIron RiverKaukaunaMenomineeNeenahNew LenoxPloverRhinelanderShawanoStevens PointStevens PointsSummit LakeTwin Falls

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$237K$474K$712K$949K20202021202220232024
Metric202420232022
Total Assets$57,091$126,358$370,940
Revenue$683,046$352,505$503,456
Expenses$751,444$597,087$610,722
Qualifying Distributions
Net Investment Income$727$2,337$1,368
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$143K$286K$430K$573K15 grants20208 grants202111 grants202215 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ANTIGO AREA COMMUNITY FO…$118KFRIENDS OF THE CRYSTAL F…$92KSAM25 (SHAWANO AREA MATT…$70KHODAG10S INC$65KBOYS AND GIRLS CLUB OF T…$59KELCHO SCHOOL DISTRICT$48KVFW POST 3134$45KCRANDON AREA COMMUNITY F…$23KJAKES NETWORK OF HOPE (J…$15KNAMI PORTAGE AND WOOD CO…$14K

Grant Size Distribution

62 grants across all recorded years

49<$50K8$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Covantage Cares Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES ZANAYEDPRESIDENT1
JOAN FARRELLVICE PRESIDENT3
JANEL THOUNETREASURER1
SHEILA ROSSMILLERSECRETARY1
SHANE LATHROPDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

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

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