Covenant Foundation Inc
The Covenant Foundation is a private foundation based in Atlanta, Georgia, established in 1960. It operates as a 501(c)(3) organization dedicated to supporting Jewish education and related causes through strategic grantmaking and recognition programs.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$14.3M
-14.3% YoY
Annual Giving
$3.1M
-3.1% YoY
Grant Count
58
+5700.0% YoY
Avg Grant Size
$54K
-98.3% YoY
Mission & Focus Areas
The foundation is committed to the idea that those with creativity and passion to be catalysts for change and innovation in Jewish education are worthy of recognition and support. The foundation's mission draws from Isaiah 59:21: "This is My Covenant with you... the words which I have put into your mouth shall not depart from you, not from your children, not from your children's children henceforth and forever."
Primary funding areas include:
- Jewish education and educational innovation
- Jewish welfare funds and temple support
- Cultural programs
- Dialogue and wellness initiatives
- Social-emotional well-being in Jewish communities
- Arts programming in Jewish life
Grantmaking
The foundation offers two primary grant categories:
Review Cycle
for submitting an initial Letter of Inquiry is February 24, 2026. Applicants should visit the foundation's website for information and guidelines.
Grant Types
How to Apply
The foundation is currently accepting 2026 Signature and Ignition Grant applications. The deadline for submitting an initial Letter of Inquiry is February 24, 2026. Applicants should visit the foundation's website for information and guidelines.
Ready to take the next step with Covenant Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Georgia, New York, and the District of Columbia, with a particular emphasis on Atlanta and the broader Jewish community.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending July 2025:
- Total Assets: $14,316,594
- Total Revenues: $433,730
- Total Expenses: $3,487,260
- Investment Income and Dividends: $409,022
- Total Grants Made: $3,133,548 (including 27 grants)
Number of Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $14,316,594 | $16,713,616 | $12,974,950 |
| Revenue | $433,730 | $7,290,589 | $2,687,048 |
| Expenses | $3,487,260 | $3,551,924 | $3,136,519 |
| Qualifying Distributions | $3,133,548 | $3,235,159 | $2,910,961 |
| Net Investment Income | $162,616 | $6,212,831 | $697,501 |
| Distributable Amount | $2,164,088 | $1,815,927 | $1,515,302 |
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 2025
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Jay M. Davis serves as President of the foundation.
Deborah Meyer serves as Chair of the Board of The Covenant Foundation.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAY M DAVIS | CHAIRMAN | 5 | — |
| ANN DAVIS | PRESIDENT | 5 | — |
Recent News & Activity
Recent developments and announcements
**January 2026:** The Covenant Foundation announced $2.2 million in new grants for 2025, supporting diverse focus areas including dialogue, wellness, intergenerational connection, and arts programming. The announcement noted an increase in available grant dollars beginning in 2026, with Signature Grants increasing from $150,000 to $225,000 over three years and Ignition Grants increasing from $20,000 to $35,000.
The Covenant Foundation Announces 2025 Grants | The Covenant FoundationAccording to Board Chair Deborah Meyer, the foundation is supporting grant projects that address current challenges in the Jewish community, including projects that foster meaningful dialogue across difference, connect families across generations, nurture wellness and social-emotional well-being, and bring the arts to life. The foundation emphasizes how grantees draw on Jewish text and practice to promote connection, creativity, and understanding throughout Jewish life.
The Covenant Foundation Announces 2025 Grants | The Covenant FoundationRelated Funders
Similar funders by location and focus area
Rhedcloud Foundation Inc
DECATUR, GA
Assets
$6K
Grants
1
Total Given
$13K
Atlanta Committee for Progress Inc
ATLANTA, GA
Assets
$2.1M
Grants
1
Total Given
$15K
Atlanta Postal Credit Union
ATLANTA, GA
Assets
$2.4B
Grants
4
Total Given
$308K
Justice for Children Foundation Inc
SAVANNAH, GA
Assets
$24K
Grants
0
Total Given
—
Southeast Area Blood Bankers
PEACHTREE CITY, GA
Assets
$33K
Grants
0
Total Given
—
Courts Foundation Inc
ATLANTA, GA
Assets
$38.3M
Grants
1
Total Given
$1.6M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Covenant Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities