The Covenant Foundation
The Covenant Foundation is a private foundation based in Stillwater, Minnesota. Its 2024 filing reports grants to organizations including charities, churches, schools, and ministries.
The Covenant Foundation at a glance
In short: The Covenant Foundation gave $124K across 24 grants in 2024 (avg $5K), mostly in Minnesota. 17% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $124,000
- +27.8% vs 2023
- Grants made (2024)
- 24
- +41.2% vs 2023
- Average grant
- $5,167
- -9.5% vs 2023
- Median grant
- $3,000
- Total assets
- $29,640
- -52.8% vs 2023
- New grantees (estimate)
- 17% first-time grantees (4 of 24, 2024; small sample)
- Primary geography
- Minnesota (66% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Covenant Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 13777 40Th Street N, Stillwater, MN 55082
Phone: (651) 351-1472
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Covenant Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Minnesota Family Institute ($25K). Together the top 10 received $101K.
Grant Size Distribution
105 grants across all recorded years
The most common grant size was under $50K: 105 grants of 105 (100%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in Minnesota received 66% of grant dollars, followed by Wisconsin with 13%, Florida with 10%, Illinois with 4%, and Virginia with 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
States
Cities
Is The Covenant Foundation open to new grantees?
17%
first-time grantees, 2024
In 2024, 4 of 24 grantees (17%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $4K; repeat grants $5K. How we count
Medians: $3K first-time, $3K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving grew 33% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $93K (2021) to $184K (2020). In 2024 it made 24 grants totaling $124K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota Family Institute Minneapolis, MN | Payments for Matching Challenge | $25,000 |
| Canopy Global Foundation Inc Naples, FL | Payments for General Support | $10,000 |
| Liberty Bible Church Wisconsin Rapids, WI | Payments for General Support | $10,000 |
| Liberty Classical Academy White Bear Lake, MN | Payment for General Support | $10,000 |
| Minnesota Adult & Teen Challenge Minneapolis, MN | Payments to support teens and adults gaining freedom from chemical addiction | $10,000 |
| Morelia Home for Children Stillwater, MN | Payments for Support of Mission in Morelia, Mexico | $10,000 |
| Options for Women Oak Park Heights, MN | Payments for General Support | $10,000 |
| Teens for Christ Hudson, WI | Payments for Outreach | $6,000 |
| Brydges Centre White Bear Lake, MN | Payments to Support Vulnerable Children | $5,000 |
| Training Leaders International Wheaton, IL | Payments to Support Leadership Programs | $5,000 |
Ready to take the next step with The Covenant Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $29,640 | $92,600 | $125,805 | $124,000 | 24 | $125,805 | — | $1,174 |
| 2023 | $62,845 | $159,313 | $99,436 | $97,000 | 17 | $99,436 | — | $1,952 |
| 2022 | $2,968 | $140,000 | $137,251 | $135,000 | 19 | $137,251 | — | $275 |
| 2021 | $219 | $58,800 | $94,526 | $93,000 | 22 | — | — | $373 |
| 2020 | $35,945 | $200,266 | $185,585 | $184,000 | 23 | — | $1 | $1,311 |
| 2019 | $21,264 | $84,001 | $132,765 | $131,400 | 27 | — | — | $1,519 |
Under IRS private-foundation payout rules, The Covenant Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2024 grants show support for organizations with varied missions. For example, Minnesota Family Institute describes its work as strengthening Minnesota families by advancing biblical principles in the public arena, while Liberty Classical Academy describes itself as a Christian, college-preparatory school. Morelia Home for Children says it meets children’s spiritual, physical, and educational needs in Morelia, Mexico; Brydges Centre describes work supporting vulnerable children in Kenya.
Other 2024 recipients include Minnesota Adult & Teen Challenge, whose grant purpose was to support teens and adults gaining freedom from chemical addiction, and The Dwelling Place, which describes its work as providing healing and hope to victims of domestic abuse.
Grantmaking
In 2024, the foundation reported 24 grants totaling $124,000. Grant amounts ranged from $1,000 to $25,000, with a median of $3,000. The largest grant was $25,000 to Minnesota Family Institute for a matching challenge. Other grants included $10,000 each to Canopy Global Foundation, Liberty Bible Church, Liberty Classical Academy, Minnesota Adult & Teen Challenge, Morelia Home for Children, and Options for Women. The foundation also gave $6,000 to Teens for Christ, $5,000 each to Brydges Centre and Training Leaders International, and $4,000 to Youth Investment Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lucretia Haire and Steven Haire as directors.
The Covenant Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lucretia Haire
Director
On filings since 2019
1 hr/week
No compensation reported
Steven Haire
Director
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Foundation
How much does The Covenant Foundation give each year?
The Covenant Foundation gave $124K across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $97K across 17 grants.
What is The Covenant Foundation's typical grant size?
The Covenant Foundation's median grant in 2024 was $3,000, and its average grant was $5,167, across 24 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Covenant Foundation that year got $4K on average.
Where does The Covenant Foundation give grants?
The Covenant Foundation gives mostly in Minnesota: 66% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Wisconsin (13%) and Florida (10%). The most frequent recipient cities were Minneapolis, MN (5 grants).
Does The Covenant Foundation give general operating support?
Yes: 46% of The Covenant Foundation's 2024 grants with a stated purpose (11 of 24) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Covenant Foundation's largest grantees?
The Covenant Foundation's largest 2024 grantees include Minnesota Family Institute ($25,000), Canopy Global Foundation Inc ($10,000) and Liberty Bible Church ($10,000), according to its 2024 IRS Form 990-PF. Together they received 36% of its itemized 2024 grant dollars.
How large is The Covenant Foundation?
The Covenant Foundation reported $30K in total assets on its 2024 IRS Form 990-PF. It paid out $126K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What does The Covenant Foundation fund?
The available information does not state a mission for the foundation. Its 2024 grants show support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from The Covenant Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Covenant Foundation's EIN?
The Covenant Foundation's EIN (Employer Identification Number) is 36-3566128. IRS Form 990 filing data is available on this page for 2019–2024.
Does The Covenant Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). The Covenant Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/the-covenant-foundation-morg_6d88eeacfeaa4a5e8b59520d8c0f723a
BibTeX
@misc{grantable_363566128_2026,
author = {{Grantable}},
title = {{The Covenant Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-covenant-foundation-morg_6d88eeacfeaa4a5e8b59520d8c0f723a},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Covenant Foundation'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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