Tennessee · Public charity
Covenant Health
Covenant Health supports its member hospitals and other organizations (see Schedule A) serve the community by improving the quality of life through better health, regardless of a patient's ability to pay.
- $377k
- Granted FY2024(still arriving)
- 13
- Itemized grants FY2024
- 13
- Organizations funded FY2023
- 8%
- First-time grantees FY2023
- Itemized, FY2024
- $314k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $12,500
- Largest grant, FY2024
- $61,948
- Organizations funded a year
- 12 to 29
- FY2017 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $2.0B
How open it is to new grantees
In FY2023, 8% of the organizations Covenant Health funded were first-time grantees, receiving 3% of its grant dollars.
New vs renewed · share of each year
In FY2023, 97% of grant dollars renewed an existing relationship; $12k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 13 | $314k | 0% |
| FY2023 | 13 | $394k | 8% |
| FY2022 | 12 | $376k | 8% |
| FY2021 | 16 | $365k | 0% |
| FY2020 | 18 | $330k | 22% |
| FY2019 | 24 | $531k | 13% |
| FY2018 | 20 | $487k | 10% |
| FY2017 | 29 | $663k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| United Way of Greater Knoxvilleinc | $524,144 | 8 | 1% |
| Knox Education Foundation | $400,000 | 4 | 2% |
| Knoxville Track & Field Club Inc | $361,948 | 7 | 8% |
| The Change Center | $250,000 | 2 | 21% |
| Covenant Health Foundation | $193,150 | 8 | 3% |
| Boys & Girls Clubs of the Tennessee Vall | $146,235 | 5 | 0% |
| Honorair - Knoxville Inc | $130,000 | 7 | 16% |
| Innovation Valley Inc | $120,000 | 2 | 5% |
| The Great Schools Partnership Charitable Trust | $100,000 | 1 | 2% |
| Leadership Knoxville Inc | $93,000 | 6 | 2% |
Show all 40 grantees
Where it is load-bearing
Covenant Health supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 34 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: East Tennessee Foundation · University Health System Inc · Stowers Machinery Foundation Inc · Variety of Eastern Tennessee · Food City Charitable Foundation · United Way of Greater Knoxvilleinc · Haslam Family Foundation Inc · Natl Christian Charitable Fdn Inc · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About Covenant Health
- How much does Covenant Health give?
- Covenant Health reported 13 itemized grants totaling $313,948, out of $377,488 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 12 and 29 organizations a year over FY2017 to FY2023.
- What does Covenant Health fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Health (33%), Education (19%), Youth Development (15%).
- Who are Covenant Health's largest grantees?
- By total granted over FY2017 to FY2024: United Way of Greater Knoxvilleinc ($524k), Knox Education Foundation ($400k), Knoxville Track & Field Club Inc ($362k).
- Does Covenant Health fund new organizations?
- In FY2023, 8% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Covenant Health?
- Its strongest co-funders, measured against what their size predicts, include East Tennessee Foundation, University Health System Inc, Stowers Machinery Foundation Inc.
- Where is Covenant Health based?
- Covenant Health is based in TN.
Play a game based on Covenant Health’s filings →