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.
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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
Among its reported 2024 grants, the largest include Transform Capital Llc ($250,000), United Samaritans Foundation ($100,000), Love Stanislaus County Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COVENANT HOME SERVICES TURLOCK, CA | GRANTS FOR SENIORS | $89,000 |
| SWEDISH HOSPITAL FOUNDATION CHICAGO, IL | BENEFIT GALA/FUNDRAISING | $10,000 |
| ADELBROOK INC CROMWELL, CT | SPONSORSHIPS | $7,000 |
| CENTER FOR HUMAN SERVICES MODESTO, CA | GRANTS FOR SENIORS | $20,000 |
| COMMUNITY HOSPICE INC MODESTO, CA | GRANTS FOR SENIORS | $50,000 |
| UNITED SAMARITANS FOUNDATION TURLOCK, CA | GRANTS FOR SENIORS | $100,000 |
| COVENANT LIVING OF TURLOCK (BRANDEL MANOR) TURLOCK, CA | GRANTS FOR SENIORS | $50,000 |
| COVENANT ENABLING RESIDENCES OF ILLINOIS OAK FOREST, IL | GENERAL ASSISTANCE | $13,825 |
| LOVE STANISLAUS COUNTY INC MODESTO, CA | GRANTS FOR SENIORS | $100,000 |
| THE ALLIANCE FOR COMMUNITY WELLNESS DBA LA FAMILIA HAYWARD, CA | GRANTS FOR SENIORS | $100,000 |
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 |
Frequently Asked Questions
How large is Covenant Ministries of Benevolence?
As of 2024, Covenant Ministries of Benevolence holds $59.7M in total assets with $6.3M in annual revenue. It awarded 14 grants totaling $934K in 2024.
Where does Covenant Ministries of Benevolence operate?
Covenant Ministries of Benevolence has awarded grants in California, Connecticut, Illinois, Michigan, Minnesota, Virginia.
What size grants does Covenant Ministries of Benevolence award?
In 2024, Covenant Ministries of Benevolence awarded 14 grants totaling $934K — an average of about $67K per grant, based on its IRS Form 990 filings.
What is Covenant Ministries of Benevolence's EIN?
Covenant Ministries of Benevolence's EIN (Employer Identification Number) is 36-3486813. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Covenant Ministries of Benevolence's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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