New Covenant Farms Inc

Private foundation · Grantmaker Gooding, ID EIN: 82-0519199

New Covenant Farms Inc is a private foundation, based in Gooding, ID. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $465K in total assets. In 2025, it awarded 6 grants totaling $198K. Net investment income was $11K.

Key facts about New Covenant Farms Inc

In short: New Covenant Farms Inc gave $198K across 6 grants in 2025 (avg $33K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

EIN
82-0519199
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$197,500
Grants made (2025)
6
Average grant
$32,917
Median grant
$21,250
Total assets
$465,031
Primary geography
New Jersey (53% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$465K

-29.1% YoY

Annual Giving

$198K

+508.6% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$33K

+610.1% YoY

Under IRS private-foundation payout rules, New Covenant Farms Inc reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.

How New Covenant Farms Inc gives

  • Giving grew 617% from 2022 to 2025. Method
  • In 2025 it paid out 698% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

GoodingUnionBellevueGarden ValleyTyroneHustonColorado SpringsDel RioGrand RapidsPasadenaRedlandsWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2020 9 grants2021 7 grants2022 10 grants2023 7 grants2024 6 grants2025

From 2021 to 2025, annual grant giving ranged from $17K (2021) to $198K (2025). In 2025 it made 6 grants totaling $198K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Power Ministries International Inc: $105KPower Ministries InternationalInc$105KDesert Hills Community Church of the Nazarene: $37KDesert Hills Community Churchof the Nazarene$37KGooding County Senior Center: $28KGooding County Senior Center$28KMaster Minded Ministries: $15KMaster Minded Ministries$15KWorld Impact Network: $10KWorld Impact Network$10KHelping Hearts & Hands: $3KHelping Hearts & Hands$3K

The largest 2025 recipient was Power Ministries International Inc ($105K). Together the top 6 received $198K.

Grant Size Distribution

39 grants across all recorded years

38<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 38 grants of 39 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Power Ministries International Inc Union, NJArea of greatest need$105,000
Desert Hills Community Church of the Nazarene Gooding, IDArea of greatest need$37,000
Gooding County Senior Center Gooding, IDArea of greatest need$27,500
Master Minded Ministries Huston, IDArea of greatest need$15,000
World Impact Network Bellevue, WAArea of greatest need$10,000
Helping Hearts & Hands Gooding, IDArea of greatest need$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$465,031$656,311$676,430
Revenue$15,286$20,256$-21,855
Expenses$206,566$40,375$67,517
Qualifying Distributions$204,803$35,786$57,181
Net Investment Income$10,751—$15,812
Distributable Amount$29,345$34,137$34,153

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

New Covenant Farms Inc is led by Lewis M Davenport III, President & CEO on every filing since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lewis M Davenport III

    President & CEO

    On filings since 2020

    12 hrs/week

    No compensation reported

  • Bob Smith

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Johnson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Leduc

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nita Davenport

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about New Covenant Farms Inc

How much does New Covenant Farms Inc give each year?

New Covenant Farms Inc gave $198K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $32K across 7 grants.

What is New Covenant Farms Inc's typical grant size?

New Covenant Farms Inc's median grant in 2025 was $21,250, and its average grant was $32,917, across 6 grants on its 2025 IRS Form 990-PF.

Where does New Covenant Farms Inc give grants?

New Covenant Farms Inc gives mostly in New Jersey: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Idaho (42%) and Washington (5%). The most frequent recipient cities were Gooding, ID (3 grants).

Does New Covenant Farms Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on New Covenant Farms Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Area of greatest need" (6 grants).

Who are New Covenant Farms Inc's largest grantees?

New Covenant Farms Inc's largest 2025 grantees include Power Ministries International Inc ($105,000), Desert Hills Community Church of the Nazarene ($37,000) and Gooding County Senior Center ($27,500), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is New Covenant Farms Inc?

New Covenant Farms Inc reported $465K in total assets on its 2025 IRS Form 990-PF. It paid out $205K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).

What is New Covenant Farms Inc's EIN?

New Covenant Farms Inc's EIN (Employer Identification Number) is 82-0519199. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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