The Covenant Endowment Fund
To receive contributions to be held and invested by the Covenant Endowment Fund to be used for programs at the covenant school, inc.
The Covenant Endowment Fund at a glance
In short: The Covenant Endowment Fund gave $33K across 1 grant in 2025 (avg $33K), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $32,863
- +9.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $32,863
- +9.3% vs 2024
- Median grant
- $32,863
- Total assets
- $682,253
- +11.2% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Covenant Endowment Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Covenant School Inc ($33K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Covenant Endowment Fund gives
- Giving held roughly steady from 2022 to 2025 (+3%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $27K (2023) to $33K (2025). In 2025 it made 1 grant totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Covenant School Inc Charlottesville, VA | To provide financial aid to students attending the covenant school. | $32,863 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $682,253 | $74,365 | $33,175 | $32,863 | 1 | $39,095 |
| 2024 | $613,468 | $51,385 | $30,458 | $30,063 | 1 | $26,485 |
| 2023 | $556,783 | $29,445 | $27,315 | $27,243 | 1 | $11,240 |
| 2022 | $515,381 | $46,734 | $31,955 | $31,890 | 1 | $29,361 |
| 2021 | $599,554 | $71,575 | $28,351 | $28,204 | 1 | $42,631 |
| 2020 | $477,225 | $17,645 | $28,349 | $28,175 | 1 | $9,333 |
About The Covenant Endowment Fund
Based on IRS filings
The Covenant Endowment Fund is a public charity focused on Education, based in Charlottesville, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $682K in total assets. In 2025, it awarded 1 grant totaling $33K. Net investment income was $39K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Covenant Endowment Fund is led by Brian Cullaty, Chair on every filing since 2024; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brian Cullaty
Chair
On filings since 2024
1 hr/week
No compensation reported
Steve Luck
Director
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: John K. Taggart IV (2023) — Chair
- Former: Robert Wood (2020–2022) — Chair
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 The Covenant Endowment Fund
How much does The Covenant Endowment Fund give each year?
The Covenant Endowment Fund gave $33K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $30K across 1 grant.
How large is The Covenant Endowment Fund?
The Covenant Endowment Fund reported $682K in total assets on its 2025 IRS Form 990. Its revenue that year was $74K.
What is The Covenant Endowment Fund?
The Covenant Endowment Fund is a public charity focused on Education, based in Charlottesville, VA. It holds $682K in total assets as of 2025.
Where does The Covenant Endowment Fund operate?
The Covenant Endowment Fund has awarded grants in Virginia.
What is The Covenant Endowment Fund's EIN?
The Covenant Endowment Fund's EIN (Employer Identification Number) is 86-1126662. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 1, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 12, 2025)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in The Covenant Endowment Fund's focus areas in our free grants database
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Figures come from The Covenant Endowment Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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