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The Covenant Foundation at a glanceAlso receives grants: funding profile →

· Private foundation

The Covenant Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$117k
Granted FY2025still arriving
23
Grants FY2025still arriving
11
States reached
$16k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0199% classified

What it funded, over time

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

Religion$574kHealth$175kHuman Services$98kInternational$86kYouth Development$75kEducation$45kCivil Rights$36kOther$0
02FY2025 · 23 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k19 grants · $61k
  • $10k–50k4 grants · $56k
$4,000
Median grant
11
States reached
$79k
Total assets
Largest grants
RecipientAmount
TEENS FOR CHRIST$16,000
MINNESOTA ADULT & TEEN CHALLENGE$15,000
MORELIA HOME FOR CHILDREN$15,000
MINNESOTA FAMILY INSTITUTE$10,000
OPTIONS FOR WOMEN$5,000
TRAINING LEADERS INTERNATIONAL$5,000
LEGACY CHRISTIAN ACADEMY$5,000
CANOPY GLOBAL FOUNDATION INC$5,000
LIBERTY CLASSICAL ACADEMY$5,000
THE DWELLING PLACE$5,000
FOREVER ADVENTURE$5,000
YOUTH INVESTMENT FOUNDATION$4,000
CRU$3,000
VALOR CLASSICAL ACADEMY$3,000
LIVE ACTION$3,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–25, $56k) land where the poverty rate runs at 10%, against an area that typically sits at 9%. 63% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%BRYDGES CENTRE: $5k → 14%BRYDGES CENTRE: $5k → 14%THE DWELLING PLACE: $5k → 7%BRYDGES CENTRE: $2k → 14%THE DWELLING PLACE: $5k → 7%BRYDGES CENTRE: $2k → 14%THE DWELLING PLACE: $3k → 7%BRYDGES CENTRE: $1k → 14%THE DWELLING PLACE: $2k → 7%THE DWELLING PLACE: $2k → 7%THE DWELLING PLACE: $2k → 7%THE DWELLING PLACE: $1k → 7%THE DWELLING PLACE: $1k → 7%FOREVER ADVENTURE: $5k → 11%FOREVER ADVENTURE: $2k → 11%FOREVER ADVENTURE: $5k → 11%YOUTH INVESTMENT FOUNDATION: $4k → 11%YOUTH INVESTMENT FOUNDATION: $4k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MN
IL
WI
IA
IN
OH
PA
CA
VA
KS
TN
NC
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 13% of The Covenant Foundation’s grant dollars are earmarked for a different county than the recipient’s own address. By recipient address, 74% of the giving stays in MN; by stated purpose, 67%.

The Covenant Foundationlessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

98%of every dollar goes to organizations it has funded before.
$1.2M · 37 repeat orgs$23k to everyone else

Grantees it renews have grown median revenue +69% since the first grant, against -45% for those funded once.

37 repeat relationships: 21 still active in FY2025, 16 since wound down; 2 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

37
6

Total granted

$1.2M
$18k

Median revenue growth · since first grant

+69%
-45%

Still filing today

70%
17%

New vs renewed · share of each year

In FY2025, 96% of grant dollars renewed an existing relationship; $5k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
ReligionHuman ServicesHealthYouth DevelopmentEducationInternationalOther
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.

Backed again, and grew

  • MF
    MINNESOTA FAMILY INSTITUTE
    9× · 2017–2025 · $241k · revenue +85%
  • MT
    Minnesota Teen Challenge Inc
    8× · 2017–2025 · $142k · revenue +94%
  • TF
    TEENS FOR CHRIST INC
    9× · 2017–2025 · $123k · revenue +45%

Funded once

  • LB
    LIBERTY BIBLE CHURCH
    one grant, 2024 · $10k
  • MA
    MMS AVIATION
    one grant, 2022 · $5k
  • HC
    HOSANNA CHURCH
    one grant, 2017 · $1k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Timothy Two Project International

Reaching and teaching pastors in the majority world.

Religion
2
North America Bible Institute

North America Bible Institute (NABI) is an evangelical graduate school, made up of students who are diverse in both ethnicity and ministry aims -- but united in great love for Jesus and his gospel. As a graduate school, NABI offers them…

Education
3
Leadership Resources International

International missions: this organization is an international mission agency focusing on leadership development through teaching of the scriptures

Religion
4
Barnabas Leadership Ministries

Ministry

—
5
More International Ministries

To spread the gospel of jesus christ through crusades

Religion
6
Training Pastors International

Training pastors in third world countries

Religion
7
Jesus Ministries International

Promote christian religion through conferences and group meetings.

Religion
8
Teaching Ministry of the Word of Truth

A training ministry that equips the saints more focusing on preparing leaders and ministers of the word for the work of ministry to the building up of the body of Christ.

Religion
9
Tyndale Bible Translators

Bible Translation and acts of Christian Services

Religion
10
International Biblical Training Inc

International Biblical Training is a teaching, training and equipping religious ministry. IBT staff provide theological teaching and training for the purpose of making Christian disciples who in turn train and disciple others in…

Religion
11
Life International

To partner with leaders globally to boldly proclaim the biblical truth of the father's heart for life, champion the gospel of jesus christ, and establish life-giving ministries.

Health
12
Bible Thinker Inc

Bible Thinker, Inc is a ministry dedicated to equipping people to think and live biblically. There are three main areas of teaching that we focus on:1. Teaching accurate theology based on exegeting the text of the Bible and confronting…

Religion
How this is measured
The grantee most central to the portfolio’s shape is Minnesota Family Institute; the most unlike its peers is As Unto Him. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

27 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 27 of the 45 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
10
Early backer (in before they grew)
27/27
Grantees still filing
23/27
Grew since first funded

Where the money sits, by cause and then by grantee

MINNESOTA FAMILY INSTITUTE: $241,000 · OtherMINNESOTA FAMILY INSTITUTEYOUTH INVESTMENTTIMBER BAY: $54,000 · OtherYOUTH INVESTMENTTIMBER BAYOPTIONS FOR WOMEN: $51,000 · OtherOPTIONS FOR WOMENCRU: $47,900 · OtherCRUTHE EVANGELICAL FREE CHURCH OF AMERICA: $40,000 · OtherTHE EVANGELICAL FREE CHURCH OF AMERICALIBERTY BIBLE CHURCH: $32,000 · OtherLIBERTY BIBLE CHURCHLIBERTY BIBLE CHURCH: $20,000 · Other+16 more: $78,750 · Other+16 moreTEENS FOR CHRIST INC: $123,000 · ReligionTEENS FOR CHRIST INCTraining Leaders International: $55,000 · ReligionTraining Leaders Inter…THE NATIONAL FATHERING MINISTRY INC: $30,000 · ReligionTHE NATIONAL FATHERING…FAR EAST BROADCASTING COMPANY: $10,000 · ReligionGODS DAILY WORD MINISTRIES: $9,000 · Religion+5 more: $14,000 · Religion+5 moreMinnesota Teen Challenge Inc: $141,900 · HealthMinnesota Teen…CANOPY GLOBAL FOUNDATION INC: $15,000 · HealthCANOPY GLOBAL …MORELIA HOME FOR CHILDREN: $87,400 · InternationalThe Dwelling Place: $21,000 · Human ServicesBRYDGES CENTRE: $15,000 · Human ServicesFOREVER ADVENTURE: $12,000 · Human ServicesYOUTH INVESTMENT FOUNDATION: $8,000 · Human ServicesLEGACY CHRISTIAN ACADEMY: $33,000 · EducationLIBERTY CLASSICAL ACADEMY: $21,685 · EducationLIVE ACTION: $34,500 · Civil RightsNORTHERN YOUTH PROGRAMS OF MINNESOTA: $15,000 · Youth Development+1 more: $480 · Youth Development
Other$564,650Religion$241,000Health$156,900International$87,400Human Services$56,000Education$54,685Civil Rights$34,500Youth Development$15,480

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetMINNESOTA FAMILY INSTITUTE: $241,000 over 9y, 5.9% of budgetMinnesota Teen Challenge Inc: $141,900 over 8y, 0.1% of budgetTEENS FOR CHRIST INC: $123,000 over 9y, 3.9% of budgetMORELIA HOME FOR CHILDREN: $87,400 over 9y, 14% of budgetTraining Leaders International: $55,000 over 9y, 0.1% of budgetLIVE ACTION: $34,500 over 8y, 0.2% of budgetLEGACY CHRISTIAN ACADEMY: $33,000 over 7y, 0.1% of budgetTHE NATIONAL FATHERING MINISTRY INC: $30,000 over 8y, 6.5% of budgetLIBERTY CLASSICAL ACADEMY: $21,685 over 5y, 0.1% of budgetThe Dwelling Place: $21,000 over 8y, 0.4% of budgetNORTHERN YOUTH PROGRAMS OF MINNESOTA: $15,000 over 6y, 0.3% of budgetCANOPY GLOBAL FOUNDATION INC: $15,000 over 2y, 3.3% of budgetBRYDGES CENTRE: $15,000 over 5y, 1.5% of budgetINTERNATIONAL SERVICE FELLOWSHIP: $12,000 over 7y, 0.0% of budgetFOREVER ADVENTURE: $12,000 over 3y, 8.3% of budgetFAR EAST BROADCASTING COMPANY: $10,000 over 2y, 0.1% of budgetAS UNTO HIM: $10,000 over 9y, 2.1% of budgetGODS DAILY WORD MINISTRIES: $9,000 over 7y, 0.8% of budgetYOUTH INVESTMENT FOUNDATION: $8,000 over 2y, 0.1% of budgetLIVING STONES INTERNATIONAL: $5,000 over 5y, 0.2% of budgetPro-Life Action Ministries Inc: $4,000 over 4y, 0.1% of budgetOLIVE TREE MINISTRIES: $3,500 over 4y, 0.0% of budgetGod's World Publications Inc: $2,000 over 3y, 0.0% of budgetMISSIONARY MAINTENANCE SERVICE INC: $2,000 over 2y, 0.0% of budgetTalking Bibles International: $2,000 over 2y, 0.1% of budgetREIGN MINISTRIES: $480 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds MINNESOTA FAMILY INSTITUTE ↗
  • Who funds Minnesota Teen Challenge Inc ↗
  • Who funds TEENS FOR CHRIST INC ↗
  • Who funds MORELIA HOME FOR CHILDREN ↗
  • Who funds Training Leaders International ↗
  • Who funds LIVE ACTION ↗
  • Who funds LEGACY CHRISTIAN ACADEMY ↗
  • Who funds THE NATIONAL FATHERING MINISTRY INC ↗
  • Who funds LIBERTY CLASSICAL ACADEMY ↗
  • Who funds The Dwelling Place ↗
  • Who funds NORTHERN YOUTH PROGRAMS OF MINNESOTA ↗
  • Who funds CANOPY GLOBAL FOUNDATION INC ↗
  • Who funds BRYDGES CENTRE ↗
  • Who funds INTERNATIONAL SERVICE FELLOWSHIP ↗
  • Who funds FOREVER ADVENTURE ↗
  • Who funds FAR EAST BROADCASTING COMPANY ↗
  • Who funds AS UNTO HIM ↗
  • Who funds GODS DAILY WORD MINISTRIES ↗
  • Who funds YOUTH INVESTMENT FOUNDATION ↗
  • Who funds LIVING STONES INTERNATIONAL ↗
  • Who funds Pro-Life Action Ministries Inc ↗
  • Who funds OLIVE TREE MINISTRIES ↗
  • Who funds MARTIN AND GRACIA BURNHAM FOUNDATION ↗
  • Who funds God's World Publications Inc ↗
  • Who funds MISSIONARY MAINTENANCE SERVICE INC ↗

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.

Christian Community F…Natl Christian Charit…Larson FoundationThe US Charitable Gif…Renaissance Charitabl…Servant FoundationThe Minneapolis Found…Rjdm IncBarnabas FoundationUnited Way WorldwideThrivent Charitable I…Raymond James Charita…
Christian Community Foundation IncCO18.3× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Christian Community Foundation Inc · Natl Christian Charitable Fdn Inc · Larson Foundation · The US Charitable Gift Trust · Renaissance Charitable Foundation Inc · Servant Foundation · The Minneapolis Foundation · Rjdm Inc · Barnabas Foundation · United Way Worldwide · Thrivent Charitable Impact & Investing · Raymond James Charitable Endowment Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Covenant Foundation funds: left to right is the share of its income from government, bottom to top the share from The Covenant Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%1%3%6%10%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    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 45 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-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Covenant’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home