The Covenant Foundation
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
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUCRETIA HAIRE | DIRECTOR | 1 | — |
| STEVEN HAIRE | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
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 GrantsRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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