The Covert Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREAT FALLS, MT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $86K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+1.9% YoY
Annual Giving
$40K
Grant Count
4
Avg Grant Size
$10K
About The Covert Foundation
Based on IRS filings
The Covert Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREAT FALLS, MT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $86K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $2,040,388 | $2,002,636 |
| Revenue | $89,599 | $2,002,676 |
| Expenses | $51,887 | $40 |
| Qualifying Distributions | $45,046 | $40 |
| Net Investment Income | $85,615 | $2,676 |
| Distributable Amount | $99,035 | $5,098 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS COVERT | PRESIDENT | 15 | — |
| STEPHANIE COVERT | VICE-PRESIDENT | 10 | — |
| MICHAEL COVERT | SECRETARY | 15 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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