Skip to content

Tennessee · Public charity

Covenant Health Foundation

Covenant Health Foundation raises and distributes funds in support of patient care, equipment, programs, services and staff not otherwise funded by Covenant Health and its affiliates. The Foundation's mission is to provide charitable support to further Covenant Health's mission to serve the community by improving the quality of life…

$2.4M
Granted FY2024(still arriving)
6
Itemized grants FY2024
5
Organizations funded FY2023
0%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$2.0M
The rest is grants the schedule does not break out
Median grant, FY2024
$300,122
Largest grant, FY2024
$1,034,638
Organizations funded a year
5 to 8
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$18M

How open it is to new grantees

In FY2023, 0% of the organizations Covenant Health Foundation funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving6$2.0M0%
FY20235$630k0%
FY20225$691k0%
FY20217$646k14%
FY20206$505k17%
FY20195$857k0%
FY20187$770k14%
FY20178$672kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Health$6.8M

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 11 grantees
All grantees of Covenant Health Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Parkwest Medical Center$2,241,46880%
Covenant HomeCare$1,838,33982%
Fort Sanders Regional Medical Center$1,688,70680%
Thompson Cancer Survival Center$473,08083%
Covenant Health$322,99020%
Fort Loudoun Medical Center$77,80130%
Roane County Medical Center$65,53160%
Morristown-Hamblen Hospital Association$62,00010%
Methodist Medical Center$17,72420%
Cumberland Medical Center$14,10020%
LeConte Medical Center$5,80010%

Where it is load-bearing

Each grantee by its size and the share of its budget Covenant Health Foundation supplied at peak.

25%50%75%100%$100Mgrantee revenue →↑ funder's share of their budgetParkwest Medical Center: $2,241,468 over 8y, 0.2% of budgetCovenant HomeCare: $1,838,339 over 8y, 1.6% of budgetFort Sanders Regional Medical Center: $1,688,706 over 8y, 0.1% of budgetThompson Cancer Survival Center: $473,080 over 8y, 2.7% of budgetCovenant Health: $322,990 over 2y, 0.1% of budgetFort Loudoun Medical Center: $77,801 over 3y, 0.2% of budgetRoane County Medical Center: $65,531 over 6y, 0.0% of budgetMorristown-Hamblen Hospital Association: $62,000 over 1y, 0.1% of budgetMethodist Medical Center: $17,724 over 2y, 0.0% of budgetCumberland Medical Center: $14,100 over 2y, 0.0% of budgetLeConte Medical Center: $5,800 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 11.

Compare Covenant Health Foundation with peer funders

About Covenant Health Foundation

How much does Covenant Health Foundation give?
Covenant Health Foundation reported 6 itemized grants totaling $2,037,819, out of $2,362,675 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 5 and 8 organizations a year over FY2017 to FY2023.
What does Covenant Health Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Health (100%).
Who are Covenant Health Foundation's largest grantees?
By total granted over FY2017 to FY2024: Parkwest Medical Center ($2.2M), Covenant HomeCare ($1.8M), Fort Sanders Regional Medical Center ($1.7M).
Does Covenant Health Foundation fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Where is Covenant Health Foundation based?
Covenant Health Foundation is based in TN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 11 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Covenant Health’s filings →

More from the funding graph