Covenant Advisers Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $6.7M in total assets. In 2023, it awarded 9 grants totaling $79K. Net investment income was $309K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$6.7M
+39.9% YoY
Annual Giving
$79K
+1064.3% YoY
Grant Count
9
+350.0% YoY
Avg Grant Size
$9K
+158.7% YoY
About Covenant Advisers Fund
Based on IRS filings
Covenant Advisers Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $6.7M in total assets. In 2023, it awarded 9 grants totaling $79K. Net investment income was $309K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $6,699,652 | $4,787,698 | $4,088,490 |
| Revenue | $2,138,828 | $806,679 | $4,088,490 |
| Expenses | $225,572 | $109,730 | — |
| Qualifying Distributions | $217,829 | $279,851 | — |
| Net Investment Income | $308,828 | $206,679 | $1 |
| Distributable Amount | $246,241 | $207,043 | $666 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2023
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eliyan Petkov | Dir | 1 | — |
| Velin Krassimirov Tzanov | Dir | 1 | — |
| Timothy Joel Yarbrough | Dir, Pres, Sec, Treas | 20 | $75,000 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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