New Covenant Kg Foundation

FRISCO, TX EIN: 20-1784734

New Covenant Kg Foundation is a private foundation focused on Education, based in FRISCO, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $2.5M in total assets. In 2022, it awarded 7 grants totaling $213K. Net investment income was $51K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$2.5M

-7.4% YoY

Annual Giving

$213K

+23.9% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$30K

+6.2% YoY

About New Covenant Kg Foundation

Based on IRS filings

New Covenant Kg Foundation is a private foundation focused on Education, based in FRISCO, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $2.5M in total assets. In 2022, it awarded 7 grants totaling $213K. Net investment income was $51K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Des PlainesFriscoMariettaOrlandoRosemeadWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$86K$172K$257K$343K202020212022
Metric202220212020
Total Assets$2,484,379$2,682,161$2,675,193
Revenue$53,366$237,670$107,189
Expenses$311,879$232,123$228,224
Qualifying Distributions$213,007$171,875
Net Investment Income$51,366$234,226$75,055
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$53K$107K$160K$213K7 grants20206 grants20217 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2022

STONEBRIAR COMMUNITY CHU…$89KIEC LA$54KEDO DWI CHRISTILANTO$46KWORD ON FIRE$12KAMERICAN CENTER FOR LAW …$6KREASONABLE FAITH$4KJIAOSHI MINISTRIES$4K

Grant Size Distribution

20 grants across all recorded years

16<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
KINGSON GUNAWANPresident20
ROY LAURENSDirector1
JUNE GUNAWANDirector1
CLARENCE ISKANDARDirector1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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