The Covalent Foundation
The Covalent Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Reston, VA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 6 grants totaling $913K.
Key facts about The Covalent Foundation
- EIN
- 47-5067002
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $913,086
- Grants made (2025)
- 6
- Average grant
- $152,181
- Median grant
- $97,500
- Primary geography
- Texas (93% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Covalent Foundation funds
By grant dollars, the top recipient states for The Covalent Foundation's 6 itemized 2025 grants were Texas (93%) and New York (5%). The most frequent recipient cities were Austin, TX (4 grants). 33% of grants with a stated purpose were for general or operating support.
How The Covalent Foundation gives
- Giving fell 45% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Covalent Foundation
- How to evaluate The Covalent Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$913K
-13.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$152K
-13.7% YoY
About The Covalent Foundation
Based on IRS filings
The Covalent Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Reston, VA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 6 grants totaling $913K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Ascension Seton Foundation ($505,516), Dell Children's Medical Center Foundation ($152,570), Texas Advocacy Project ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASCENSION SETON FOUNDATION Austin, TX | CENTRAL TEXAS COMMUNITY HEALTH CENTERS AND HUMAN TRAFFICKING PREVENTION HUB | $505,516 |
| DELL CHILDREN'S MEDICAL CENTER FOUNDATION Austin, TX | TO SUPPORT DELL CHILDREN'S MEDICAL CENTER EMERGENCY DEPARTMENT | $152,570 |
| TEXAS ADVOCACY PROJECT Austin, TX | GENERAL SUPPORT | $100,000 |
| CASA OF TRAVIS COUNTY Austin, TX | TO SUPPORT CASA OF TRAVIS COUNTY PROMISING FUTURES PROGRAM | $95,000 |
| BREAKTHROUGH T1D New York, NY | SUPPORT JDRF OUTREACH TO LATINX COMMUNITIES IN CENTRAL TEXAS AND PSYCHOSOCIAL RESEARCH IN CENTRAL TEXAS. | $50,000 |
| RANGERACE CONSTRUCTION CAMP FOUNDATION Reston, VA | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mark W McKenzie | President | 1 | — |
| Jessica L Ziehr | Treasurer/VP | 1 | — |
| Julia C McKenzie | Secretary/VP | 30 | $6,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Covalent Foundation?
The Covalent Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Reston, VA. It holds — in total assets as of 2025.
Where does The Covalent Foundation operate?
The Covalent Foundation has awarded grants in Colorado, New York, Texas, Virginia.
What size grants does The Covalent Foundation award?
In 2025, The Covalent Foundation awarded 6 grants totaling $913K — an average of about $152K per grant, based on its IRS Form 990 filings.
What is The Covalent Foundation's EIN?
The Covalent Foundation's EIN (Employer Identification Number) is 47-5067002. IRS Form 990 filing data is available on this page for 2019–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.