The Covia Foundation
The Covia Foundation is a private foundation established in 2007 and based in Independence, Ohio. It serves as the philanthropic arm of Covia, a company specializing in innovative mineral and material solutions. The Foundation formalizes the company's approach to operating as a responsible corporate citizen and governs community investment and charitable contributions across the organization's global operations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.8M
+8.2% YoY
Annual Giving
$974K
+4.6% YoY
Grant Count
271
+0.7% YoY
Avg Grant Size
$4K
+3.8% YoY
Under IRS private-foundation payout rules, The Covia Foundation reported a distributable amount of $494K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation's mission centers on supporting communities where Covia operates. The organization believes that when communities thrive, all benefit from a brighter, more prosperous future.
Primary funding focus areas include:
- Education
- Environment
- Social equality
- Health and wellness
- Philanthropy, voluntarism, and grantmaking
- Human services
Grantmaking
The Foundation supports general operating support and various community initiatives. In 2023, the Foundation distributed over $1 million in grants.
Grant Types
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Geographic Focus
Where this funder awards grants
The Foundation funds primarily in:
- Ohio
- Illinois
- North Carolina
The Foundation also has a global reach, with community investment initiatives in Canada and Mexico.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $10,778,742 (2024)
Annual Giving: $974,231 (2024)
Total Revenues: $1,085,960 (2024)
Total Expenses: $1,047,924 (2024)
Investment Income: $266,939 (2024)
Grants and Contributions Received: $747,500 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,778,742 | $9,964,889 | $9,007,714 |
| Revenue | $1,085,960 | $1,069,453 | $100,510 |
| Expenses | $1,047,924 | $1,015,963 | $1,238,049 |
| Qualifying Distributions | $983,146 | $958,385 | $1,162,148 |
| Net Investment Income | $272,182 | $261,366 | $204,350 |
| Distributable Amount | $493,845 | $445,875 | $432,318 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charities Aid Foundation of America ($75,000), Alzheimer's Disease and Related Disorders Association Inc ($16,500), American Cancer Society Inc ($13,036).
| Recipient | Purpose | Amount |
|---|---|---|
| 911 DAY IRVINE, CA | GENERAL OPERATING SUPPORT | $10,000 |
| A KID AGAIN INC COLUMBUS, OH | GENERAL OPERATING SUPPORT | $10,000 |
| AA COMMUNITY PREGNANCY CENTER MOORESVILLE, NC | GENERAL OPERATING SUPPORT | $1,500 |
| AC ARF CLINTON, TN | GENERAL OPERATING SUPPORT | $1,000 |
| ACES TRAVEL BALL ORGANIZATION GRANVILLE, IL | GENERAL OPERATING SUPPORT | $2,300 |
| ACHIEVEMENT CENTER FOR CHILDREN HIGHLAND HILLS, OH | GENERAL OPERATING SUPPORT | $3,000 |
| ACLU FOUNDATION INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $500 |
| ADA JENKINS FAMILIES AND CAREERS DEVELOPMENT CENTER INC DAVIDSON, NC | GENERAL OPERATING SUPPORT | $5,000 |
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC CHICAGO, IL | GENERAL OPERATING SUPPORT | $16,500 |
| AMERICAN CANCER SOCIETY INC ATLANTA, GA | GENERAL OPERATING SUPPORT | $13,036 |
Leadership & Key People
Leadership team and compensation from IRS filings
Kevin Gerber - President and CEO
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DUNCAN STUART | PRESIDENT | 1 | — |
| BRIAN RICHARDSON | PRESIDENT (UNTIL 08/01/24) | 1 | — |
| SCOTT TINCHER | TREASURER | 1 | — |
| ANDREW EICH | TREASURER (UNTIL 03/08/24) | 1 | — |
| KRISTIN LEWIS | SECRETARY | 1 | — |
| WILLIAM E CONWAY | DIRECTOR | 1 | — |
| HOLLY MARTENS | DIRECTOR (UNTIL 03/22/24) | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2023, the Covia Foundation launched the **Covia Cares Emergency Relief Fund** to provide immediate financial assistance to Covia Team Members facing unforeseen personal hardships. This confidential support mechanism reflects the Foundation's commitment to supporting Team Members in all aspects of their lives.
Covia\u2019s Commitment to Community InvestmentIn 2023, Team Members collectively volunteered over 12,500 hours in their communities. Twenty-five Team Members distinguished themselves by volunteering over 200 hours each with organizations of their choice. The Foundation's 2023 grant distribution of over $1 million supported education, environment, social equality, and health and wellness initiatives across the company's communities.
Empathy in Action: Covia Team Members Give BackSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Covia Foundation fund?
The Foundation's mission centers on supporting communities where Covia operates. The organization believes that when communities thrive, all benefit from a brighter, more prosperous future. Primary funding focus areas include: • Education • Environment • Social equality • Health and wellness • Philanthropy, voluntarism, and grantmaking • Human services
How do I apply for a grant from The Covia Foundation?
**Grant Activity:** • Made 313 grants in the most recent fiscal year • Total giving: $974,231 (2024) • Typical award range: $25–$209,100 **Recent Grant Examples (2024):** • Charities Aid Foundation of America: $75,000 • Valspar Championship: $55,000 • Emergency Assistance Foundation: $48,000 • Ducks Unlimited Inc: (amount not specified) **Grant Types:** The Foundation supports general operating support and various community initiatives. In 2023, the Foundation distributed over $1 million in gra…
Where does The Covia Foundation make grants?
The Foundation funds primarily in: • Ohio • Illinois • North Carolina The Foundation also has a global reach, with community investment initiatives in Canada and Mexico.
What size grants does The Covia Foundation award?
In 2024, The Covia Foundation awarded 271 grants totaling $974K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Covia Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Covia Foundation reported a distributable amount of $494K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Covia Foundation's EIN?
The Covia Foundation's EIN (Employer Identification Number) is 26-1428733. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Covia 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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