Covenant Christian Foundation Inc

Private foundation · Grantmaker Hawthorne, NJ EIN: 23-7345635

Covenant Christian Foundation Inc is a private foundation focused on religion, based in Hawthorne, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $458K in total assets. In 2025, it awarded 3 grants totaling $65K.

Key facts about Covenant Christian Foundation Inc

In short: Covenant Christian Foundation Inc gave $65K across 3 grants in 2025 (avg $22K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

EIN
23-7345635
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$65,000
Grants made (2025)
3
Average grant
$21,667
Median grant
$10,000
Total assets
$458,170
Primary geography
New Jersey (77% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$458K

-12.6% YoY

Annual Giving

$65K

+8.3% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$22K

+44.4% YoY

How Covenant Christian Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−14%). Method
  • In 2024 it paid out 234% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

HawthorneLovelandNorth HaledonRoanokeMontvilleRoseto

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K3 grants2019 4 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $48K (2020) to $81K (2021). In 2025 it made 3 grants totaling $65K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Hawthorne Christian Academy: $50KHawthorne Christian Academy$50KFaith Christian School: $10KFaith Christian School$10KLoveland Protestant Reformed Church: $5KLoveland Protestant ReformedChurch$5K

The largest 2025 recipient was Hawthorne Christian Academy ($50K). Together the top 3 received $65K.

Grant Size Distribution

19 grants across all recorded years

17<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 19 (89%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hawthorne Christian Academy Hawthorne, NJTuition Assistance$50,000
Faith Christian School Roanoke, VATuition Assistance$10,000
Loveland Protestant Reformed Church Loveland, COBuilding Project.$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$458,170$524,011$520,550
Revenue$8,864$75,191$12,337
Expenses$74,705$71,730$73,157
Qualifying Distributions$65,000$60,000$64,000
Net Investment Income—$7,276$3,180
Distributable Amount—$25,621—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS February 21, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Covenant Christian Foundation Inc is led by Richard Hoogmoed, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard Hoogmoed

    President

    On filings since 2019

    No compensation reported

  • John D. McHugh

    Trustee

    On filings since 2019

    No compensation reported

  • Steven Hanko

    Trustee

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Covenant Christian Foundation Inc

How much does Covenant Christian Foundation Inc give each year?

Covenant Christian Foundation Inc gave $65K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 4 grants.

What is Covenant Christian Foundation Inc's typical grant size?

Covenant Christian Foundation Inc's median grant in 2025 was $10,000, and its average grant was $21,667, across 3 grants on its 2025 IRS Form 990-PF.

Where does Covenant Christian Foundation Inc give grants?

Covenant Christian Foundation Inc gives mostly in New Jersey: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Virginia (15%) and Colorado (8%).

Does Covenant Christian Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Covenant Christian Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is Covenant Christian Foundation Inc?

Covenant Christian Foundation Inc reported $458K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $9K.

What is Covenant Christian Foundation Inc?

Covenant Christian Foundation Inc is a private foundation focused on religion, based in Hawthorne, NJ. It holds $458K in total assets as of 2025.

What is Covenant Christian Foundation Inc's EIN?

Covenant Christian Foundation Inc's EIN (Employer Identification Number) is 23-7345635. IRS Form 990 filing data is available on this page for 2019–2025.

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

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