Covenant Foundation Inc
Covenant Foundation Inc is a private foundation based in San Antonio, Texas. In 2025, it reported 35 grants totaling $646,500 to charitable organizations, including organizations whose stated missions concern Christian ministry, family, religious liberty, disability, and international assistance.
Covenant Foundation Inc at a glance
In short: Covenant Foundation Inc gave $647K across 35 grants in 2025 (avg $18K), top state Texas. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $646,500
- -33.9% vs 2024
- Grants made (2025)
- 35
- +2.9% vs 2024
- Average grant
- $18,471
- -35.8% vs 2024
- Median grant
- $10,000
- Total assets
- $3,952,439
- -11.0% vs 2024
- New grantees (estimate)
- 13% first-time grantees (4 of 32, 2025)
- Primary geography
- Texas (21% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Covenant Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8023 Vantage Drive Ste 315, San Antonio, TX 78230
Phone: (210) 614-7051
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Covenant Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Turning Point USA ($125K). Together the top 10 received $460K.
Grant Size Distribution
190 grants across all recorded years
The most common grant size was under $50K: 157 grants of 190 (83%).
Geographic Focus
Where this funder awards grants
In 2025, the largest reported shares of grant dollars by recipient state were Texas (21%), Arizona (19%), Colorado (18%), Washington, DC (13%), and California (10%).
Grant Distribution by State
Share of 2025 grant dollars across all 35 itemized grants.
States
Cities
Is Covenant Foundation Inc open to new grantees?
13%
first-time grantees, 2025
In 2025, 4 of 32 grantees (13%) were first-time recipients. First grants averaged $6K; repeat grants $22K. How we count
Medians: $6K first-time, $14K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving fell 71% from 2022 to 2025. Method
- In 2025 it paid out 313% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $422K (2020) to $2.2M (2022). In 2025 it made 35 grants totaling $647K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Turning Point USA Phoenix, AZ | General Funding | $125,000 |
| Dr James Dobson Family Institute Colorado Springs, CO | General Funding | $75,000 |
| Family Research Council Washington, DC | General Funding | $75,000 |
| Intercessors for America Purcellville, VA | General Funding | $40,000 |
| Summit Ministries Manitou, CO | General Funding | $35,000 |
| Mercy International Boerne, TX | General Funding | $25,000 |
| Well Versed El Cajon, CA | General Funding | $25,000 |
| Joni and Friends Agoura Hills, CA | General Funding | $20,000 |
| Living Waters Bellflower, CA | General Funding | $20,000 |
| Answers in Genesis Hebron, KY | General Funding | $15,000 |
Ready to take the next step with Covenant Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,952,439 | $158,485 | $647,036 | $646,500 | 35 | $646,500 | $157,369 | $206,797 |
| 2024 | $4,441,002 | $3,636,272 | $979,300 | $978,595 | 34 | $978,595 | $156,895 | $221,803 |
| 2023 | $1,784,230 | $16,078 | $1,666,921 | $1,654,675 | 40 | $1,666,909 | $3,066 | $100,301 |
| 2022 | $3,434,861 | $5,520,723 | $2,246,100 | $2,246,100 | 57 | $2,246,100 | $723 | $192,311 |
| 2021 | $152,051 | $5 | $1,039,135 | $1,006,400 | 24 | $1,014,584 | — | $39,969 |
| 2020 | $1,164,178 | $15,792 | $439,667 | $421,900 | 32 | — | $6,665 | $60,629 |
Under IRS private-foundation payout rules, Covenant Foundation Inc reported a distributable amount of $207K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include organizations with a range of stated missions. The Dr James Dobson Family Institute describes its work as promoting the family and biblical principles, while Family Research Council describes its mission as promoting the traditional family unit and Judeo-Christian values. Summit Ministries describes itself as an educational Christian ministry that equips servant leaders to analyze worldviews and champion the Christian faith.
Other 2025 grantees describe missions that include providing assistance to poor people worldwide (Mercy International), serving people living with disabilities and sharing the gospel (Joni and Friends), and providing pro bono legal services to advance and defend religious liberty (First Liberty Institute). Answers in Genesis describes its mission as proclaiming the authority of the Bible and the relevance of Genesis. These are the grantees’ descriptions of their own missions.
Grantmaking
In filing year 2025, the foundation reported 35 grants totaling $646,500. Grant amounts ranged from $1,000 to $125,000, with a median of $10,000. The largest reported grants included $125,000 to Turning Point USA, $75,000 each to Dr James Dobson Family Institute and Family Research Council, $40,000 to Intercessors for America, and $35,000 to Summit Ministries. Other grants included $25,000 each to Mercy International and Well Versed, $20,000 each to Joni and Friends and Living Waters, and $15,000 each to Answers in Genesis and First Liberty Institute. National Religious Broadcasters received $10,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists James R Leininger as chairman/director, Cecelia A Leninger as director, Tracy M Baker as president/assistant secretary/director, and Jason Cone as secretary/treasurer.
Covenant Foundation Inc is led by Tracy M. Baker, President, Assistant Secretary & Director on every filing since 2022; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tracy M. Baker
President, Assistant Secretary & Director
On filings since 2022
1 hr/week
No compensation reported
James R. Leininger
Chairman & Director
On filings since 2020
1 hr/week
No compensation reported
Cecelia A. Leninger
Director
On filings since 2020
1 hr/week
No compensation reported
Jason Cone
Secretary & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Tracy M. Craven (2020–2021) — President, Assistant Secretary & Director
Data from IRS Form 990 filings, 2020–2025. "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 Foundation Inc
How much does Covenant Foundation Inc give each year?
Covenant Foundation Inc gave $647K across 35 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $979K across 34 grants.
What is Covenant Foundation Inc's typical grant size?
Covenant Foundation Inc's median grant in 2025 was $10,000, and its average grant was $18,471, across 35 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Covenant Foundation Inc that year got $6K on average.
Where does Covenant Foundation Inc give grants?
Covenant Foundation Inc's top state is Texas, with 21% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Arizona (19%) and Colorado (18%). The most frequent recipient cities were San Antonio, TX (3 grants), Garden Valley, TX (3 grants), Washington, DC (2 grants) and Niles, MI (2 grants).
Does Covenant Foundation Inc give general operating support?
Yes: 100% of Covenant Foundation Inc's 2025 grants with a stated purpose (35 of 35) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Covenant Foundation Inc's largest grantees?
Covenant Foundation Inc's largest 2025 grantees include Turning Point USA ($125,000), Dr James Dobson Family Institute ($75,000) and Family Research Council ($75,000), according to its 2025 IRS Form 990-PF. Together they received 43% of its itemized 2025 grant dollars.
How large is Covenant Foundation Inc?
Covenant Foundation Inc reported $4.0M in total assets on its 2025 IRS Form 990-PF. It paid out $647K in qualifying distributions that year, against a required minimum of $207K (roughly 5% of its investment assets).
What does Covenant Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants include organizations with a range of stated missions. See mission & focus areas ↑
How do I apply for a grant from Covenant Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does Covenant Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Covenant Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Neal Family Charitable Foundation
Gardnerville, NV
The Neal Family Charitable Foundation supports preselected organizations working in areas such as social services, health, education, legal advocacy, and religious ministry. Its 2025 grants ranged from $500 to $3,200, with a median of $2,300, and went to organizations in multiple states, including California, Nevada, North Carolina, Arizona, and Colorado. It does not accept unsolicited funding requests.
Assets
$211K
Grants
13
Total Given
$28K
Quest Family Foundation
Dallas, TX
The Quest Family Foundation supports a varied range of charitable organizations, with many 2025 grants going to religious and faith-related groups. Its 2025 grants ranged from $300 to $128,000, with a median of $2,500; 74% of funding went to Texas organizations, with others in several states. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.9M
Grants
37
Total Given
$355K
USATransform
Southlake, TX
USATransform funds organizations working in areas such as religious liberty, Christian engagement in public life, election administration and voter registration, church-based community service, human trafficking, and public policy. In 2024, its 28 grants ranged from $18,000 to about $2.06 million, with a median of $360,000; recipients were in multiple states, led by Arizona, Washington, Florida, Texas, and Missouri. The profile does not state whether it accepts unsolicited requests.
Assets
$3.6M
Grants
28
Total Given
$12.8M
Moriah Foundation
Colorado Springs, CO
Moriah Foundation supports religious, charitable, and educational work aligned with Waterstone’s purposes, including Christian education, ministry, and religious-liberty efforts. In 2024, grants ranged from $9,050 to $585,000, with a median of $23,700; the largest shares went to organizations in Texas, Colorado, Tennessee, Virginia, and California. The profile does not state whether it accepts unsolicited requests.
Assets
$6.1M
Grants
68
Total Given
$3.3M
Usher Family Foundation
Bonita Springs, FL
The foundation supports a varied mix of charities, including churches, youth-serving organizations, schools, and other nonprofits. In 2024, grants ranged from $50 to $50,000, with a median of $1,500; most funding went to Pennsylvania, followed by Virginia, Missouri, Florida, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.3M
Grants
166
Total Given
$1.0M
Christian Community Foundation Inc
Colorado Springs, CO
WaterStone supports domestic and international nonprofits, including Christian ministries and charitable and educational organizations, through donor-directed grants; eligible organizations must be IRS-recognized 501(c)(3)s whose mission aligns with its Statement of Faith. Its 2025 grants had a median of $20,000, with awards ranging from $5,028 to $11 million, and were concentrated in Texas and Colorado. Grant recommendations come from donor-advised fund holders; the profile does not state that it accepts unsolicited requests.
Assets
$746.4M
Grants
1,651
Total Given
$161.8M
More similar funders
More Funders in Texas
Cite this profile
Grantable. (2026). Covenant Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/covenant-foundation-inc-morg_c81edd38e9b5410fa3b78b9889f06ef3
BibTeX
@misc{grantable_742622129_2026,
author = {{Grantable}},
title = {{Covenant Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/covenant-foundation-inc-morg_c81edd38e9b5410fa3b78b9889f06ef3},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Covenant Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Covenant Foundation Inc down — hundreds of funders to go?