First Covenant Foundation is a private foundation focused on Religion Related, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $415K in total assets. In 2024, it made $9K in qualifying distributions. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$415K
+7.7% YoY
Revenue
$44K
+260.6% YoY
Qualifying Distributions
$9K
-48.1% YoY
Expenses
$26K
-7.3% YoY
About First Covenant Foundation
Based on IRS filings
First Covenant Foundation is a private foundation focused on Religion Related, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $415K in total assets. In 2024, it made $9K in qualifying distributions. Net investment income was $18K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $414,815 | $385,284 | $386,341 |
| Revenue | $43,746 | $12,132 | $35,508 |
| Expenses | $25,708 | $27,727 | $22,946 |
| Qualifying Distributions | $9,047 | $17,418 | $12,813 |
| Net Investment Income | $18,159 | $20,909 | $10,853 |
| 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 0 recipients in 2024
Grant Size Distribution
0 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 |
|---|---|---|---|
| MICHAEL DALLEN | PRESIDENT | — | — |
| RABBI MICHAEL KATZ | DIRECTOR | — | — |
| DR ROBERT E BUXBAUM | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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