Texas · Nonprofit
COVENANT HEALTH SYSTEM FOUNDATION
COVENANT HEALTH SYSTEM FOUNDATION (Texas) receives grants from 44 organizations whose IRS filings report $8,567,246 to it, the largest being CH FOUNDATION INC ($3,550,000). 23 of them have funded it in more than one year.
- Revenue FY2024
- $5.4M
- Funders on record
- 44
- Grants received
- $8.6M
- Net assets
- $47M
What Covenant Health System Foundation does
Mission
As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
As stated on its FY2024 Form 990.
Program
At providence, we use our voice to advocate for vulnerable populations and needed reforms in health care. We are also pursuing innovative ways to transform health care by keeping people healthy, and making our services more convenient, accessible and affordable for all. In an increasingly uncertain world, we are committed to high-quality, compassionate care for everyone - regardless of coverage or ability to pay. We help people and communities benefit from the best health care model for the future - today. Together, our 117,000 caregivers (all employees) serve in 51 hospitals, 1,000 clinics and a comprehensive range of health and social services across alaska, california, montana, new mexico, oregon, texas and washington. The providence family includes: -providence across seven western states -covenant health in west texas -providence facey medical foundation in los angeles, ca -kadlec in southeast washington -pacific medical centers in seattle, wa -swedish health services in seattle, wa as a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable. Delivering…
$8,883,283 spentof which $8,883,283 as grants100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $8,883,283.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $47M to $55M (+18%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 13% · 2019 19% · 2021 1% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.
70% of COVENANT HEALTH SYSTEM FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 17 funders, grant income fell $1.5M → $803k.
6 of 44 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $5.1M from one payer (the same organization on both sides, largest Covenant Health System Foundation); $3.6M from 3 payers (the payer shares this organization's board, largest Lubbock Methodist Hospital System). These are real filings, and they are not money COVENANT HEALTH SYSTEM FOUNDATION raised.
From the IRS filings of COVENANT HEALTH SYSTEM FOUNDATION’s funders (the co-funder graph). Top 30 of 44 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COVENANT HEALTH SYSTEM FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 62%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 69% · 2018 47% · 2019 71% · 2020 27% · 2021 19% · 2022 28% · 2023 31% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of COVENANT HEALTH SYSTEM FOUNDATION's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
92% of COVENANT HEALTH SYSTEM FOUNDATION's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $576k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
COVENANT HEALTH SYSTEM FOUNDATION holds deeper cash reserves than three-quarters of the 8,126 health nonprofits its size.
this organization peer median middle 50% of peers· 8,126 health nonprofits $1M–$10M, FY2024
Organizations like COVENANT HEALTH SYSTEM FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 181 related entities
- Collabria Care · exempt
- Covenant Aco · exempt
- Covenant Children's Physicians Group · exempt
- Covenant Health Partners · exempt
- Covenant Health System · exempt
Screen this organization
A dated, signed PDF of the compliance screen for COVENANT HEALTH SYSTEM FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COVENANT HEALTH SYSTEM FOUNDATION?
- COVENANT HEALTH SYSTEM FOUNDATION (Texas) receives grants from 44 organizations whose IRS filings report $8,567,246 to it, the largest being CH FOUNDATION INC ($3,550,000). 23 of them have funded it in more than one year.
- How many funders does COVENANT HEALTH SYSTEM FOUNDATION have?
- IRS filings report 44 organizations giving $8,567,246 in grants to COVENANT HEALTH SYSTEM FOUNDATION, 23 of which have funded it in more than one year.
- Who is the largest funder of COVENANT HEALTH SYSTEM FOUNDATION?
- CH FOUNDATION INC is the largest funder on record, with $3,550,000 in grants. The full list of funders is on this page.
- How can an organization like COVENANT HEALTH SYSTEM FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 44 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing