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.
Covenant Ministries of Benevolence at a glance
In short: Covenant Ministries of Benevolence gave $99K across 2 grants in 2025 (avg $50K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $99,000
- -89.4% vs 2024
- Grants made (2025)
- 2
- -85.7% vs 2024
- Average grant
- $49,500
- -25.8% vs 2024
- Median grant
- $49,500
- Total assets
- $66,359,897
- +11.1% vs 2024
- Primary geography
- Illinois (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Covenant Ministries of Benevolence funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Evangelical Covenant Church ($90K). Together the top 2 received $99K.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 31 grants of 56 (55%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Covenant Ministries of Benevolence gives
- Giving fell 80% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $99K (2025) to $934K (2024). In 2025 it made 2 grants totaling $99K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Evangelical Covenant Church Chicago, IL | Sponsorships | $90,000 |
| Adelbrook Inc Cromwell, CT | Sponsorships | $9,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $66,359,897 | $13,658,596 | $4,196,264 | $99,000 | 2 | $9,762,385 |
| 2024 | $59,745,617 | $6,293,110 | $5,100,408 | $934,325 | 14 | $1,818,301 |
| 2023 | $53,871,214 | $5,762,434 | $4,614,452 | $830,333 | 16 | $1,819,501 |
| 2022 | $52,382,497 | $6,251,372 | $4,908,357 | $487,500 | 8 | $1,562,295 |
| 2021 | $60,872,266 | $7,028,359 | $4,174,525 | $622,896 | 16 | $2,999,044 |
| 2020 | $55,502,310 | $23,603,989 | $5,941,928 | $864,808 | 16 | $18,613,662 |
About Covenant Ministries of Benevolence
Based on IRS filings
Covenant Ministries of Benevolence is a public charity, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $66.4M in total assets. In 2025, it awarded 2 grants totaling $99K. Net investment income was $9.8M.
Leadership & Key People
Officers and directors from IRS filings
Covenant Ministries of Benevolence is led by David Boggs, Executive Director on every filing since 2023; 7 of 25 officers listed in 2025 are compensated.
Officers on the 2025 filing
David Boggs
Executive Director
On filings since 2023
40 hrs/week
$119K (2023) → $139K (2025)
Dana Norton
Campus Executive Director
On filings since 2024
40 hrs/week
$109K (2024) → $121K (2025)
Todd Sletcha
Ex-Officio, President of Cmb & Cic
New on the 2025 filing
40 hrs/week
$324K (2025)
Tammy Swanson-Draheim
Director, Ex-Officio & Ecc President
Director & Ex-Officio → Director, Ex-Officio & Ecc President, 2023
On filings since 2022
0.1 hrs/week
No compensation reported
Curt Anderson
Director & Chair
Director → Director & Vice Chair, 2024
Director & Vice Chair → Director & Chair, 2025
On filings since 2023
0.1 hrs/week
No compensation reported
Hilary Applequist
Director
Director → Director -, 2024
Director - → Director, 2025
On filings since 2020
0.1 hrs/week
No compensation reported
Susan C. Poston
Director
Director & Chair → Director, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Tracy Hilts
Director -
Director → Director -, 2025
On filings since 2020
0.1 hrs/week
No compensation reported
Darryl Johnson
Director
Director → Director & Secretary, 2024
Director & Secretary → Director, 2025
On filings since 2021
0.1 hrs/week
No compensation reported
Semmeal Thomas
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Bill Clark
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Greg Yee
Director & Ex-Officio -
Director & Ex-Officio → Director & Ex-Officio -, 2025
On filings since 2022
0.1 hrs/week
No compensation reported
Kecia Stroot
Director & Secretary
Director → Director & Secretary, 2025
On filings since 2023
0.1 hrs/week
No compensation reported
Ben Moore
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Cyndi Hoffman
Director & Ex-Officio
On filings since 2024
0.1 hrs/week
No compensation reported
Tiffine Watts
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Travis Nordstrom
Director & Treasurer
Director → Director & Treasurer, 2025
On filings since 2024
0.1 hrs/week
No compensation reported
Will Davidson
Director & Ex-Officio
On filings since 2024
0.1 hrs/week
No compensation reported
Howard Burgoyne
Director & Ex-Officio
New on the 2025 filing
0.1 hrs/week
No compensation reported
Kimberly Wright
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Marit Johnson Awes
Assistant Secretary
On filings since 2020
40 hrs/week
$109K (2020) → $116K (2025)
Ron Anderson
Accounting Manager
Investment Reporting & Accounting Ma → Investment Reporting & Accounting Manager, 2022
Investment Reporting & Accounting Manager → Accounting Manager, 2023
On filings since 2020
40 hrs/week
$118K (2020) → $136K (2025)
Scott Hanson
Senior Vice President of Finance & Assistant Treasurer
Senior Vice President of Finance → Senior Vice President of Finance & Assistant Treasurer, 2025
On filings since 2020
40 hrs/week
$165K (2020) → $229K (2025)
Katie Pagani
Assistant Secretary
On filings since 2022
40 hrs/week
$61K (2023) → $86K (2025)
Linda Stuhmer
Assistant Secretary, Senior Vice President & General Counsel
Emch President → Assistant Secretary, Senior Vice President & General Counsel, 2024
On filings since 2020
40 hrs/week
No compensation reported
Former officers (22)
- Former: Arthur B. Derooy (2020–2025) — Director & Vice Chair · Filing note: Ended 7121
- Former: Mary Palmer (2020–2025) — Director · Filing note: Ended 7121
- Former: Karen Rydell (2020–2024) — Director -
- Former: Linda Schoonover (2020–2024) — Director -
- Former: Scott Dennis (2020–2024) — Director & Ex-Officio -
- Former: Todd Slechta (2021–2024) — Ex-Officio, President of Cmb & Cic
- Former: David Y. Kim (2020–2023) — Director & Secretary
- Former: Karen N. Manlove (2020–2023) — Director & Treasurer
- Former: Hilary Appelquist (2023) — Director
- Former: John Wenrich (2020–2022) — Director & Ex-Officio · Filing note: Ended 9122
- Former: Kathy Buettner (2020–2022) — Director & Secretary · Filing note: Ended 63022
- Former: Mark Stromberg (2020–2022) — Director & Ex-Officio · Filing note: Ended 63022
- Former: Ron Dixon (2020–2022) — Vice President of Covenant Initiatives for Care
- Former: Kristen M. Brown (2020–2021) — Director · Filing note: Ended 9121
- Former: Richard P. Nelson (2020–2021) — Director · Filing note: Ended 6121
- Former: Robert H. Anderson (2020–2021) — Director · Filing note: Ended 7121
- Former: Roger Oxendale (2020–2021) — Former Director & President · Filing note: Ended 83120
- Former: David Dwight (2020) — Former President-Cmb · Filing note: Ended 63017
- Former: James Rose (2020) — Director
- Former: Lawrence Anderson (2020) — Senior Vice President of Finance · Filing note: Ended 22920
- Former: Paul Wilson (2020) — Director & Ex-Officio · Filing note: Ended 6120
- Former: Todd Slechta - Start (2020) — Ex-Officio & President of Cic
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $324K, to Todd Sletcha (Ex-Officio/President of CMB & CIC). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Covenant Ministries of Benevolence
How much does Covenant Ministries of Benevolence give each year?
Covenant Ministries of Benevolence gave $99K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $934K across 14 grants.
How large is Covenant Ministries of Benevolence?
Covenant Ministries of Benevolence reported $66.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $13.7M.
Where does Covenant Ministries of Benevolence operate?
Covenant Ministries of Benevolence has awarded grants in California, Connecticut, Illinois, Michigan, Minnesota, Virginia.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 30, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2020–2024
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