The Covenant Foundation logo

The Covenant Foundation

STILLWATER, MN EIN: 36-3566128 Website

The Covenant Foundation is a private grantmaking foundation established in 1987 and headquartered in Stillwater, Minnesota. As a 501(c)(3) tax-exempt organization, the foundation operates as a family foundation committed to supporting Christian ministries and excellence in Jewish education through strategic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$30K

-52.8% YoY

Annual Giving

$124K

+27.8% YoY

Grant Count

24

+41.2% YoY

Avg Grant Size

$5K

-9.5% YoY

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 April 2026.

Mission & Focus Areas

The foundation is committed to the idea that those with the creativity and passion to be catalysts for change and innovation in Jewish education are worthy of recognition and support. The organization also provides giving primarily for Christian ministries.

Grantmaking

The foundation announced $1.75 million in new grant projects and has made grants to organizations including The Jewish Theological Seminary (JTS) and other educational institutions focused on Jewish education and Christian ministry.

Grant Range

$3,000

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Geographic Focus

Where this funder awards grants

The foundation operates primarily in the United States, with a base in Stillwater, Minnesota.

Grant Distribution by State

13states
+5 more states

Cities

AndoverArlingtonAshevilleBrooklyn CenterColumbia HeightsCoshoctonDes MoinesEaganEscondidoGilmerHastingsHudsonInternational FallsJacksonLa MiradaMaple GroveMedinaMinneapolisNaplesOak Park Heights

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total Assets: $29,600
  • Total Revenue: $92,600
  • Total Expenses: $126,000
  • Total Liabilities: $0

Tax Status: Tax-exempt since March 1988 (EIN: 36-3566128)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K201920202021202220232024
Metric202420232022
Total Assets$29,640$62,845$2,968
Revenue$92,600$159,313$140,000
Expenses$125,805$99,436$137,251
Qualifying Distributions$125,805$99,436$137,251
Net Investment Income
Distributable Amount$1,174$1,952$275

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$92K$138K$184K27 grants201923 grants202022 grants202119 grants202217 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MINNESOTA FAMILY INSTITUTE$25KCANOPY GLOBAL FOUNDATION…$10KLIBERTY BIBLE CHURCH$10KLIBERTY CLASSICAL ACADEMY$10KMINNESOTA ADULT & TEEN C…$10KMORELIA HOME FOR CHILDREN$10KOPTIONS FOR WOMEN$10KTEENS FOR CHRIST$6KBRYDGES CENTRE$5KTRAINING LEADERS INTERNA…$5K

Grant Size Distribution

105 grants across all recorded years

105<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Minnesota Family Institute ($25,000), Canopy Global Foundation Inc ($10,000), Liberty Bible Church ($10,000).

RecipientPurposeAmount
AS UNTO HIM GILMER, TXPAYMENT FOR GENERAL SUPPORT$1,000
BRYDGES CENTRE WHITE BEAR LAKE, MNPAYMENTS TO SUPPORT VULNERABLE CHILDREN$5,000
CANOPY GLOBAL FOUNDATION INC NAPLES, FLPAYMENTS FOR GENERAL SUPPORT$10,000
CRU ORLANDO, FLPAYMENTS TO FUND INTERNATIONAL MINISTRY$3,000
EVANGELICAL FREE CHURCH OF AMERICA MINNEAPOLIS, MNPAYMENTS FOR FELLOWSHIP$1,000
FOREVER ADVENTURE MINNEAPOLIS, MNPAYMENTS FOR GENERAL SUPPORT$2,000
GOD'S DAILY WORD MINISTRIES JACKSON, TNPAYMENT FOR FELLOWSHIP$1,000
INTERSERVE USA UPPER DARBY, PAINTERSERVE USA$1,000
LEGACY CHRISTIAN ACADEMY ANDOVER, MNPAYMENT FOR GENERAL SUPPORT$1,000
LIBERTY BIBLE CHURCH WISCONSIN RAPIDS, WIPAYMENTS FOR GENERAL SUPPORT$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Lucretia Haire, Director
  • Steven Haire, Director
  • Yonah Kirschner, Program Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LUCRETIA HAIREDIRECTOR1
STEVEN HAIREDIRECTOR1

Recent News & Activity

Recent developments and announcements

2025

The foundation announced 2025 grants and recipients of the 2025 Covenant Award. Recent grantmaking has supported Jewish educational institutions and Christian ministry organizations, with notable grants to institutions such as The Jewish Theological Seminary.

The Covenant Foundation Announces 2025 Grants

Frequently Asked Questions

What does The Covenant Foundation fund?

The foundation is committed to the idea that those with the creativity and passion to be catalysts for change and innovation in Jewish education are worthy of recognition and support. The organization also provides giving primarily for Christian ministries.

How do I apply for a grant from The Covenant Foundation?

**Grant Activity:** • Made 24 grants in the most recent tax year • Median grant size: $3,000 • Maximum grant size: $25,000 • Total distributions: $126,000 (2024) **Recent Grantmaking:** The foundation announced $1.75 million in new grant projects and has made grants to organizations including The Jewish Theological Seminary (JTS) and other educational institutions focused on Jewish education and Christian ministry.

Where does The Covenant Foundation make grants?

The foundation operates primarily in the United States, with a base in Stillwater, Minnesota.

What size grants does The Covenant Foundation award?

In 2024, The Covenant Foundation awarded 24 grants totaling $124K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Covenant Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Covenant Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in The Covenant Foundation's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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