Covert Family Foundation
Covert Family Foundation is a private foundation based in Carmel, Indiana. Its 2024 IRS filing is marked as a final return, so the foundation appears to have wound down; separate 2025 filing-year data nevertheless reports grants made that year.
Covert Family Foundation at a glance
In short: Covert Family Foundation gave $757K across 19 grants in 2025 (avg $40K), mostly in Indiana. 53% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $757,068
- +909.4% vs 2024
- Grants made (2025)
- 19
- +111.1% vs 2024
- Average grant
- $39,846
- +378.1% vs 2024
- Median grant
- $10,000
- New grantees (estimate)
- 53% first-time grantees (10 of 19, 2025; small sample)
- Primary geography
- Indiana (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Covert Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it contributes only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 16042 Colleton Ct, Carmel, IN 46033
Phone: (317) 571-9511
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Covert Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Assistance League of Indpls ($125K). Together the top 10 received $686K.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 59 grants of 66 (89%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in Indiana, 1% to Connecticut, and 1% to Arkansas.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
Cities
Is Covert Family Foundation open to new grantees?
53%
first-time grantees, 2025
In 2025, 10 of 19 grantees (53%) were first-time recipients. With only 19 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $13K; repeat grants $70K. How we count
Medians: $10K first-time, $60K repeat.
- 42% of 2025 grantees were also funded in 2024. Method
- Giving grew 2063% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $35K (2022) to $757K (2025). In 2025 it made 19 grants totaling $757K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Assistance League of Indpls Indianapolis, IN | Charitable Purposes | $125,000 |
| Low Cost Spay Neuter Clinic Noblesville, IN | Charitable Purposes | $125,000 |
| Humane Society for Hamilton CO Fishers, IN | Charitable Purposes | $100,932 |
| Indyhumane Indianapolis, IN | Charitable Purposes | $95,000 |
| Indiana Canine Assistance Network Zionsville, IN | Charitable Purposes | $60,000 |
| The Julian Center Indianapolis, IN | Charitable Purposes | $50,000 |
| The Watershed Foundation North Webster, IN | Charitable Purposes | $50,000 |
| Carmel Clay Schools Carmel, IN | Charitable Purposes | $49,636 |
| BHI Foundation Indianapolis, IN | Charitable Purposes | $20,000 |
| Americares Stamford, CT | Charitable Purposes | $10,000 |
Ready to take the next step with Covert Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $284,121 | $769,497 | $757,068 | 19 | $757,068 | $266,320 | $8,854 |
| 2024 | $485,440 | $49,463 | $81,027 | $75,000 | 9 | $75,000 | $43,436 | $36,889 |
| 2023 | $516,940 | $-68 | $48,210 | $40,500 | 10 | $40,500 | $18,671 | $33,677 |
| 2022 | $565,407 | $63,115 | $41,327 | $35,000 | 13 | $35,000 | $56,788 | $35,836 |
| 2021 | $543,732 | $63,953 | $57,085 | $49,500 | 15 | — | $56,368 | $37,544 |
Under IRS private-foundation payout rules, Covert Family Foundation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that its direct charitable activity is making grants to other organizations classified as public charities for religious, charitable, educational, scientific, and literary purposes.
Its grantees describe varied work. The Julian Center says it provides emergency shelter, counseling, and outreach advocacy for victims of domestic violence, sexual assault, and rape. The BHI Foundation says it supports BHI Senior Living, Inc. Exotic Feline Rescue Center says it provides shelter for abused and unwanted exotic animals.
Grantmaking
In 2025, the foundation reported 19 grants totaling $757,068. Grants ranged from $2,000 to $125,000, with a median grant of $10,000.
Among the largest reported grants were $125,000 to Assistance League of Indianapolis and $125,000 to Low Cost Spay Neuter Clinic; $100,932 to Humane Society for Hamilton County; $95,000 to IndyHumane; $60,000 to Indiana Canine Assistance Network; and $50,000 each to The Julian Center and The Watershed Foundation. Other notable grants included $49,636 to Carmel Clay Schools, $20,000 to BHI Foundation, and $10,000 each to Americares, Grace College Seminary, Black Pine Animal Shelter, and Exotic Feline Rescue Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists James P. Covert and Dixie A. Covert as co-trustees.
Covert Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dixie A. Covert
Co-Trustee
On filings since 2021
1 hr/week
No compensation reported
James P. Covert
Co-Trustee
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Covert Family Foundation
How much does Covert Family Foundation give each year?
Covert Family Foundation gave $757K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $75K across 9 grants.
What is Covert Family Foundation's typical grant size?
Covert Family Foundation's median grant in 2025 was $10,000, and its average grant was $39,846, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Covert Family Foundation that year got $13K on average.
Where does Covert Family Foundation give grants?
Covert Family Foundation gives mostly in Indiana: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (5 grants), Carmel, IN (3 grants) and North Webster, IN (2 grants).
Who are Covert Family Foundation's largest grantees?
Covert Family Foundation's largest 2025 grantees include Assistance League of Indpls ($125,000), Low Cost Spay Neuter Clinic ($125,000) and Humane Society for Hamilton CO ($100,932), according to its 2025 IRS Form 990-PF. Together they received 46% of its itemized 2025 grant dollars.
What does Covert Family Foundation fund?
The foundation states that its direct charitable activity is making grants to other organizations classified as public charities for religious, charitable, educational, scientific, and literary purposes. See mission & focus areas ↑
How do I apply for a grant from Covert Family Foundation?
The foundation states that it contributes only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Covert Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Covert Family Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Covert Family Foundation's EIN?
Covert Family Foundation's EIN (Employer Identification Number) is 32-0020756. IRS Form 990 filing data is available on this page for 2021–2025.
Does Covert Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Covert Family Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/covert-family-foundation-morg_fe1d97ff83224968a9375b12d7f2612a
BibTeX
@misc{grantable_320020756_2026,
author = {{Grantable}},
title = {{Covert Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/covert-family-foundation-morg_fe1d97ff83224968a9375b12d7f2612a},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Covert Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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