Covenant Ministries of Benevolence
OUR MISSION IS TO EXPRESS THE LIFE GIVING AND SUSTAINING MINISTRY OF JESUS CHRIST THROUGH THE DEVELOPMENT, ADVANCEMENT AND GOVERNANCE OF MISSION DRIVEN ORGANIZATIONS SERVING PEOPLE WHO ARE SICK, DISABLED, AGING, POOR OR VULNERABLE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$59.7M
+10.9% YoY
Annual Giving
$934K
+12.5% YoY
Grant Count
14
-12.5% YoY
Avg Grant Size
$67K
+28.6% YoY
About Covenant Ministries of Benevolence
Based on IRS filings
Covenant Ministries of Benevolence is a nonprofit organization, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $59.7M in total assets. In 2024, it awarded 14 grants totaling $934K. Net investment income was $1.8M.
Ready to take the next step with Covenant Ministries of Benevolence?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $59,745,617 | $53,871,214 | $52,382,497 |
| Revenue | $6,293,110 | $5,762,434 | $6,251,372 |
| Expenses | $5,100,408 | $4,614,452 | $4,908,357 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,818,301 | $1,819,501 | $1,562,295 |
| Distributable Amount | — | — | — |
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
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT HANSON | SVP OF FINANCE | 40 | $206,506 |
| TODD SLECHTA | EX-OFFICIO/PRESIDENT OF CMB & CIC | 40 | $305,126 |
| TAMMY SWANSON-DRAHEIM | DIRECTOR/EX-OFFICIO/ECC PRES | 0.1 | — |
| MARY PALMER | DIRECTOR/CHAIR | 0.1 | — |
| CURT ANDERSON | DIRECTOR/VICE CHAIR | 0.1 | — |
| DARRYL JOHNSON | DIRECTOR/SECRETARY | 0.1 | — |
| ARTHUR B DEROOY | DIRECTOR/TREASURER | 0.1 | — |
| HILARY APPLEQUIST | DIRECTOR - PART YEAR | 0.1 | — |
| BILL CLARK | DIRECTOR | 0.1 | — |
| WILL DAVIDSON | DIRECTOR/EX-OFFICIO | 0.1 | — |
| SCOTT DENNIS | DIRECTOR/EX-OFFICIO - PART YEAR | 0.1 | — |
| TRACY HILTS | DIRECTOR | 0.1 | — |
| CYNDI HOFFMAN | DIRECTOR/EX-OFFICIO | 0.1 | — |
| BEN MOORE | DIRECTOR | 0.1 | — |
| TRAVIS NORDSTROM | DIRECTOR | 0.1 | — |
| SUSAN C POSTON | DIRECTOR | 0.1 | — |
| KAREN RYDELL | DIRECTOR - PART YEAR | 0.1 | — |
| LINDA SCHOONOVER | DIRECTOR - PART YEAR | 0.1 | — |
| KECIA STROOT | DIRECTOR | 0.1 | — |
| SEMMEAL THOMAS | DIRECTOR | 0.1 | — |
| TIFFINE WATTS | DIRECTOR | 0.1 | — |
| GREG YEE | DIRECTOR/EX-OFFICIO | 0.1 | — |
| LINDA STUHMER | ASST. SEC., SVP AND GENERAL COUNSEL | 40 | — |
| MARIT JOHNSON AWES | ASSISTANT SECRETARY | 40 | $113,344 |
| KATIE PAGANI | ASSISTANT SECRETARY | 40 | $83,194 |
| DAVID BOGGS | EXECUTIVE DIRECTOR | 40 | $126,999 |
| RON ANDERSON | ACCOUNTING MANAGER | 40 | $128,930 |
| DANA NORTON | CAMPUS EXECUTIVE DIRECTOR | 40 | $109,123 |
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Covenant Ministries of Benevolence 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