The Community Covenant Foundation Inc
The Community Covenant Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 17 grants totaling $238K. Net investment income was $988K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4M
+19.6% YoY
Annual Giving
$238K
+5.6% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$14K
+5.6% YoY
Under IRS private-foundation payout rules, The Community Covenant Foundation Inc reported a distributable amount of $296K for 2024 — the minimum it must pay out in qualifying distributions.
About The Community Covenant Foundation Inc
Based on IRS filings
The Community Covenant Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 17 grants totaling $238K. Net investment income was $988K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,435,963 | $3,707,883 | $3,511,836 |
| Revenue | $1,027,898 | $1,083,432 | $355,039 |
| Expenses | $286,844 | $265,190 | $279,036 |
| Qualifying Distributions | $241,805 | $229,069 | $243,937 |
| Net Investment Income | $987,778 | $302,636 | $119,116 |
| Distributable Amount | $295,860 | $233,717 | $229,783 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bonton Farms ($50,000), American Red Cross ($40,000), Umoja Partnership Inc ($32,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS WASHINGTON, DC | GENERAL OPERATIONS | $40,000 |
| CROSSFIRE KIDS DALLAS, TX | GENERAL OPERATIONS | $8,500 |
| CROSSROADS REHABILITATION CENTER INDIANAPOLIS, IN | GENERAL OPERATIONS | $11,000 |
| FISHER HOUSE FOUNDATION INC ROCKVILLE, MD | GENERAL OPERATIONS | $6,500 |
| GLEANERS FOOD BANK INDIANAPOLIS, IN | GENERAL OPERATIONS | $11,000 |
| INDIANAPOLIS CHILDREN'S CHOIR INDIANAPOLIS, IN | GENERAL OPERATIONS | $1,000 |
| LIFESAVERS FOUNDATION RICHARDSON, TX | GENERAL OPERATIONS | $11,000 |
| MEN OF NEHEMIAH DALLAS, TX | GENERAL OPERATIONS | $11,000 |
| NORTH TEXAS FOOD BANK PLANO, TX | GENERAL OPERATIONS | $11,000 |
| OUR FRIENDS PLACE DALLAS, TX | GENERAL OPERATIONS | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS L HEFNER | VICE PRESIDENT, DIRECTOR | 1 | — |
| PATTY M HEFNER | PRESIDENT, DIRECTOR | 1 | — |
| JAMES CURTIS HEFNER | VP/SEC/TREAS, DIRECTOR | 1 | — |
| HENRY MASON HEFNER | VICE PRESIDENT, DIRECTOR | 1 | — |
| ALICE H HEFNER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Community Covenant Foundation Inc?
The Community Covenant Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $4.4M in total assets as of 2024.
How large is The Community Covenant Foundation Inc?
As of 2024, The Community Covenant Foundation Inc holds $4.4M in total assets with $1.0M in annual revenue. It awarded 17 grants totaling $238K in 2024.
Where does The Community Covenant Foundation Inc operate?
The Community Covenant Foundation Inc has awarded grants in District of Columbia, Indiana, Maryland, Texas, Virginia, Washington.
What size grants does The Community Covenant Foundation Inc award?
In 2024, The Community Covenant Foundation Inc awarded 17 grants totaling $238K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Community Covenant Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Community Covenant Foundation Inc reported a distributable amount of $296K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Community Covenant Foundation Inc's EIN?
The Community Covenant Foundation Inc's EIN (Employer Identification Number) is 35-2117707. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Community Covenant Foundation Inc'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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