Covenant Foundation Inc
Covenant Foundation Inc is a private foundation based in San Antonio, Texas, established in 1991. The foundation operates as a 501(c)(3) organization and primarily supports Christian agencies and churches through general funding grants.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4M
+148.9% YoY
Annual Giving
$979K
-40.9% YoY
Grant Count
34
-15.0% YoY
Avg Grant Size
$29K
-30.4% YoY
Under IRS private-foundation payout rules, Covenant Foundation Inc reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving focuses on:
- Religion
- Education
- Social & Human Services
The foundation primarily supports Christian organizations and agencies.
Grantmaking
Review Cycle
**Recent Grants (2023):**
How to Apply
- No application deadlines
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Geographic Focus
Where this funder awards grants
The foundation distributes grants across multiple states:
- Texas: 40% of grants
- Virginia, Colorado, Florida, and California also receive significant grant funding
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023):
- Total Assets: $1,784,230
- Total Giving: $1,654,675
- Total Expenses: $1,666,921
- Total Revenue: $16,078
Contact Information:
- Address: 8023 Vantage Drive, Suite 315, San Antonio, TX 78230-4790
- Phone: 210-614-7051
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,441,002 | $1,784,230 | $3,434,861 |
| Revenue | $3,636,272 | $16,078 | $5,520,723 |
| Expenses | $979,300 | $1,666,921 | $2,246,100 |
| Qualifying Distributions | $978,595 | $1,666,909 | $2,246,100 |
| Net Investment Income | $156,895 | $3,066 | $723 |
| Distributable Amount | $221,803 | $100,301 | $192,311 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
180 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shelby Kennedy Foundation ($500,000), Heritage School ($81,000), Turning Point Usa ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL NATIONS GRANDVIEW, MO | GENERAL FUNDING | $3,600 |
| ANTIOCH MINISTRIES WACO, TX | GENERAL FUNDING | $12,000 |
| CAMPUS CRUSADE FOR CHRIST NEWPORT NEWS, VA | GENERAL FUNDING | $4,200 |
| CAMPUS CRUSADE FOR CHRIST SAN ANTONIO, TX | GENERAL FUNDING | $3,600 |
| CAMPUS CRUSADE FOR CHRIST SAN ANTONIO, TX | GENERAL FUNDING | $12,000 |
| FAMILY RESEARCH COUNCIL WASHINGTON, DC | GENERAL FUNDING | $25,000 |
| FRIENDS OF CHILDREN EVERYWHERE KOKOMO, IN | GENERAL FUNDING | $7,200 |
| HERITAGE SCHOOL DALLAS, TX | GENERAL FUNDING | $81,000 |
| JONI AND FRIENDS AGOURA HILLS, CA | GENERAL FUNDING | $20,000 |
| MENTAL HEALTH ALLIANCE WACO, TX | GENERAL FUNDING | $9,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- James R Leininger, Chairman
- Tracy M Baker, President
- Cecelia A Lininger, Director
- Jason Cone, Secretary Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES R LEININGER | CHAIRMAN/DIRECTOR | — | — |
| CECELIA A LENINGER | DIRECTOR | — | — |
| TRACY M BAKER | PRESIDENT/ASST SEC/DIRECTOR | — | — |
| JASON CONE | SECRETARY/TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Covenant Foundation Inc fund?
The foundation's giving focuses on: • Religion • Education • Social & Human Services The foundation primarily supports Christian organizations and agencies.
How do I apply for a grant from Covenant Foundation Inc?
**Grant Characteristics:** • Typical award range: $300–$500,000 • The foundation makes grants through a preselected approach and does not accept unsolicited requests for funds • Applicants must contact the foundation directly for the application process • No application deadlines **Recent Grants (2023):** • The National Bible Bee: $500,000 • Texas Public Policy Foundation: $100,000 • Living Waters Publications: $50,000 • Patrick Henry College: $25,000 • Texas Home School Coalition: $20,000 • Fa…
Where does Covenant Foundation Inc make grants?
The foundation distributes grants across multiple states: • Texas: 40% of grants • Virginia, Colorado, Florida, and California also receive significant grant funding
What size grants does Covenant Foundation Inc award?
In 2024, Covenant Foundation Inc awarded 34 grants totaling $979K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is Covenant Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Covenant Foundation Inc reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Covenant Foundation Inc's EIN?
Covenant Foundation Inc's EIN (Employer Identification Number) is 74-2622129. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Covenant Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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