Covenant Foundation Inc
Covenant Foundation Inc is a private foundation based in Atlanta, Georgia. Its 2025 filing reports $3,133,548 in grants to 58 charitable organizations, including organizations working in Jewish community life, health, education, and public safety.
Covenant Foundation Inc at a glance
In short: Covenant Foundation Inc gave $3.1M across 58 grants in 2025 (avg $54K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,133,548
- -3.1% vs 2024
- Grants made (2025)
- 58
- +5700.0% vs 2024
- Average grant
- $54,027
- -98.3% vs 2024
- Median grant
- $10,000
- Total assets
- $14,316,594
- -14.3% vs 2024
- Primary geography
- Georgia (72% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Covenant Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests. No particular application format is specified; the filing lists no deadlines or award restrictions.
- Contact
Application contact: Jay Davis Covenant Foundation Inc
Mailing address: One National Drive, Atlanta, GA 30336
Phone: (404) 696-9440
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 The Davis Academy ($812K). Together the top 10 received $2.5M.
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 42 grants of 62 (68%).
Geographic Focus
Where this funder awards grants
In 2025, 72% of grant dollars went to recipients in Georgia, 15% to recipients in the District of Columbia, and 12% to recipients in New York. The filing also lists shares of 0% for Nevada and Colorado.
Grant Distribution by State
Share of 2025 grant dollars across all 58 itemized grants.
Cities
How Covenant Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 145% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $2.5M (2021) to $3.2M (2024). In 2025 it made 58 grants totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Davis Academy Atlanta, GA | General | $811,840 |
| Jewish Federation of Greater Atlanta Atlanta, GA | General | $611,000 |
| Crohn's & Colitis Foundation New York, NY | General | $250,000 |
| American Israel Education Foundation Washington, DC | General | $185,000 |
| The Foundation for Defense of DEMOCRACIES(FDD) Washington, DC | General | $175,000 |
| Gilee Atlanta, GA | General | $111,000 |
| Atlanta Police Foundation Atlanta, GA | General | $100,000 |
| Jewish Institute for National Security AFFAIRS(JINSA) Washington, DC | General | $100,000 |
| Ovarian Cancer Institute Atlanta, GA | General | $100,000 |
| Birthright Israel Fund New York, NY | General | $70,000 |
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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 | $14,316,594 | $433,730 | $3,487,260 | $3,133,548 | 58 | $3,133,548 | $162,616 | $2,164,088 |
| 2024 | $16,713,616 | $7,290,589 | $3,551,924 | $3,235,159 | 1 | $3,235,159 | $6,212,831 | $1,815,927 |
| 2023 | $12,974,950 | $2,687,048 | $3,136,519 | $2,910,961 | 1 | $2,910,961 | $697,501 | $1,515,302 |
| 2022 | $13,424,419 | $888,780 | $2,903,456 | $2,842,587 | 1 | $2,842,587 | $839,581 | $1,570,886 |
| 2021 | $15,439,095 | $4,599,258 | $2,626,993 | $2,493,303 | 1 | — | $2,506,001 | $1,270,855 |
Under IRS private-foundation payout rules, Covenant Foundation Inc reported a distributable amount of $2.2M 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
The available information does not state a mission for the foundation. Its 2025 grants show support for organizations with varied missions. For example, Jewish Federation of Greater Atlanta describes its work as caring for people in need, strengthening Jewish education and community connections, protecting community safety, and supporting Israel and Jewish communities worldwide. The Crohn’s & Colitis Foundation says it works to find cures for Crohn’s disease and ulcerative colitis and improve quality of life for people affected by them. The Atlanta Police Foundation describes its mission as making Atlanta safer and more inviting.
Grantmaking
In 2025, the foundation reported 58 grants totaling $3,133,548. Grant amounts ranged from $50 to $811,840, with a median grant of $10,000. The largest grants included $811,840 to The Davis Academy, $611,000 to Jewish Federation of Greater Atlanta, $250,000 to Crohn’s & Colitis Foundation, $185,000 to American Israel Education Foundation, and $175,000 to the Foundation for Defense of Democracies.
The foundation’s filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. It specifies no application format, no deadlines, and no restrictions on awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jay M. Davis as chairman and Ann Davis as president.
Covenant Foundation Inc is led by Ann Davis, President since 2025 (on filings since 2021); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ann Davis
President
Vice President → President, 2025
On filings since 2021
5 hrs/week
No compensation reported
Jay M. Davis
Chairman
President → Chairman, 2025
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 $3.1M across 58 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.2M across 1 grant.
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 $54,027, across 58 grants on its 2025 IRS Form 990-PF.
Where does Covenant Foundation Inc give grants?
Covenant Foundation Inc gives mostly in Georgia: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (15%) and New York (12%). The most frequent recipient cities were Atlanta, GA (29 grants), New York, NY (7 grants), Washington, DC (5 grants) and Athens, GA (3 grants).
Does Covenant Foundation Inc give general operating support?
Yes: 100% of Covenant Foundation Inc's 2025 grants with a stated purpose (58 of 58) 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 The Davis Academy ($811,840), Jewish Federation of Greater Atlanta ($611,000) and Crohn's & Colitis Foundation ($250,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is Covenant Foundation Inc?
Covenant Foundation Inc reported $14.3M in total assets on its 2025 IRS Form 990-PF. It paid out $3.1M in qualifying distributions that year, against a required minimum of $2.2M (roughly 5% of its investment assets).
What does Covenant Foundation Inc fund?
The available information does not state a mission for the foundation. Its 2025 grants show support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Covenant Foundation Inc?
The foundation states that it does not accept unsolicited requests. 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 58-6035088. IRS Form 990 filing data is available on this page for 2021–2025.
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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Covenant Foundation Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/covenant-foundation-inc-morg_d03dbaab4ca645b08af02a4ec8d80384
BibTeX
@misc{grantable_586035088_2026,
author = {{Grantable}},
title = {{Covenant Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/covenant-foundation-inc-morg_d03dbaab4ca645b08af02a4ec8d80384},
note = {Accessed 2026-10-18. 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.
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