Covenant Health Foundation

KNOXVILLE, TN EIN: 62-1748601 Website

Covenant Health Foundation raises and distributes funds in support of patient care, equipment, programs, services and staff not otherwise funded by Covenant Health and its affiliates. The Foundation's mission is to provide charitable support to further Covenant Health's mission to serve the community by improving the quality of life through better health.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$18.4M

+5.2% YoY

Annual Giving

$2.0M

+223.4% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$340K

+169.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$858K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$18,411,285$17,498,469$15,615,561
Revenue$1,951,026$1,504,617$1,833,770
Expenses$2,609,005$1,243,579$1,291,711
Qualifying Distributions
Net Investment Income$538,224$394,645$695,672
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$509K$1M$2M$2M6 grants20207 grants20215 grants20225 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Parkwest Medical Center$1.0MFort Sanders Regional Me…$371KCovenant HomeCare$300KCovenant Health$300KThompson Cancer Survival…$27KMethodist Medical Center$5K

Grant Size Distribution

29 grants across all recorded years

11<$50K4$50–100K7$100–250K6$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Covenant Health Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Kathy May-MartinDirector/Chair (through Dec 2024)1
Chad SchollaertDirector1
Mary ChildDirector1
Jamie WakefieldDirector1
Marty GibbsDirector1
Charles GriffinDirector1
Alan HillDirector1
Rachel HurtDirector1
Tyler JanowDirector1
James D VanderSteegPresident & CEO1
William R Bryant JrVP and Chief Philanthrophy Officer11
Patrick J Birmingham IVFmr VP Philanthr. (through Feb 2024)8

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Knoxville

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

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