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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2022
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Stonebriar Community Church ($88,500), Iec La ($53,500), Edo Dwi Christilanto ($45,807).
| Recipient | Purpose | Amount |
|---|---|---|
| STONEBRIAR COMMUNITY CHURCH FRISCO, TX | NEW BUILDING CONSTRUCTION FUND | $88,500 |
| REASONABLE FAITH MARIETTA, GA | CHRISTIAN APOLOGETIC MINISTRY FROM THE LOGIC/ACADEMIC PERSPECTIVE | $3,600 |
| AMERICAN CENTER FOR LAW AND JUSTICE WASHINGTON, DC | LEGAL ASSISTANCE | $6,000 |
| EDO DWI CHRISTILANTO ORLANDO, FL | CHRISTIAN APOLOGETIC MINISTRY FROM THE LOGIC/ACADEMIC PERSPECTIVE | $45,807 |
| JIAOSHI MINISTRIES ORLANDO, FL | CHRISTIAN APOLOGETIC MINISTRY FROM THE LOGIC/ACADEMIC PERSPECTIVE | $3,600 |
| WORD ON FIRE DES PLAINES, IL | CHRISTIAN APOLOGETIC MINISTRY FROM THE LOGIC/ACADEMIC PERSPECTIVE | $12,000 |
| IEC LA ROSEMEAD, CA | TO SUPPORT IT'S GENERAL OPERATIONAL AND MINISTERIAL BUDGET. | $53,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KINGSON GUNAWAN | President | 20 | — |
| ROY LAURENS | Director | 1 | — |
| JUNE GUNAWAN | Director | 1 | — |
| CLARENCE ISKANDAR | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Covenant Kg Foundation?
New Covenant Kg Foundation is a private foundation focused on Education, based in FRISCO, TX. It holds $2.5M in total assets as of 2022.
How large is New Covenant Kg Foundation?
As of 2022, New Covenant Kg Foundation holds $2.5M in total assets with $53K in annual revenue. It awarded 7 grants totaling $213K in 2022.
Where does New Covenant Kg Foundation operate?
New Covenant Kg Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Illinois, Texas.
What size grants does New Covenant Kg Foundation award?
In 2022, New Covenant Kg Foundation awarded 7 grants totaling $213K — an average of about $30K per grant, based on its IRS Form 990 filings.
What is New Covenant Kg Foundation's EIN?
New Covenant Kg Foundation's EIN (Employer Identification Number) is 20-1784734. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in New Covenant Kg Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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