The New Covenant Foundation
The New Covenant Foundation is a private foundation based in Dallas, Texas. Its 2025 grants went to a university center for national security education and a Presbyterian church’s general fund.
The New Covenant Foundation at a glance
In short: The New Covenant Foundation gave $742K across 2 grants in 2025 (avg $371K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $741,760
- -41.6% vs 2024
- Grants made (2025)
- 2
- -88.9% vs 2024
- Average grant
- $370,880
- +425.7% vs 2024
- Median grant
- $370,880
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The New Covenant Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1901 N Akard Street, Dallas, TX 75201
Phone: (214) 522-5160
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The New Covenant Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was The University of Texas at Austin Clements Center for National Security ($500K). Together the top 2 received $742K.
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 49 grants of 62 (79%).
Geographic Focus
Where this funder awards grants
Both 2025 grants went to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The New Covenant Foundation gives
- Giving grew 51% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $90K (2021) to $1.3M (2024). In 2025 it made 2 grants totaling $742K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The University of Texas at Austin Clements Center for National Security Austin, TX | Educational | $500,000 |
| Highland Park Presbyterian Church Dallas, TX | General Church Fund | $241,760 |
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Financial History
Multi-year comparison from IRS filings
— = not provided.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $16,580 | $761,365 | $741,760 | 2 | $741,760 | — | $1,529 |
| 2024 | $744,776 | $531,080 | $1,325,639 | $1,270,000 | 18 | $1,270,000 | $493,333 | $112,633 |
| 2023 | $3,228,660 | $827,519 | $311,020 | $259,000 | 17 | $259,000 | $791,260 | $87,583 |
| 2022 | $2,712,161 | $166,095 | $541,514 | $490,000 | 11 | $490,000 | $148,492 | $115,359 |
| 2021 | $3,062,580 | $109,939 | $117,277 | $90,000 | 14 | $90,000 | $95,862 | $121,936 |
| 2020 | $3,069,918 | $152,566 | $460,460 | $439,000 | 24 | — | $144,306 | $127,438 |
Under IRS private-foundation payout rules, The New Covenant Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s own mission is not stated here. Its 2025 grants supported education and a church’s general fund.
Grantmaking
In 2025, the foundation reported two grants totaling $741,760. The median grant was $370,880. The largest grants were $500,000 to the University of Texas at Austin Clements Center for National Security, for an educational purpose, and $241,760 to Highland Park Presbyterian Church, for its general church fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Nancy C Seay, George E Seay III, and Pauline S Neuhoff as trustees.
The New Covenant Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
George E. Seay III
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Nancy C. Seay
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Pauline S. Neuhoff
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 New Covenant Foundation
How much does The New Covenant Foundation give each year?
The New Covenant Foundation gave $742K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 18 grants.
What does The New Covenant Foundation fund?
The foundation’s own mission is not stated here. Its 2025 grants supported education and a church’s general fund. See mission & focus areas ↑
How do I apply for a grant from The New Covenant Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does The New Covenant Foundation make grants?
Both 2025 grants went to recipients in Texas.
How much is The New Covenant Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The New Covenant Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The New Covenant Foundation's EIN?
The New Covenant Foundation's EIN (Employer Identification Number) is 75-2820210. IRS Form 990 filing data is available on this page for 2020–2025.
Does The New 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 September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 30, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The New Covenant Foundation funds
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