Private foundation · EIN 87-4052507 · Wilmington, Delaware · Philanthropy & grantmaking

Covenant Advisers Fund

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 16 grants paid, $189K total, median $3,752.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
16
$189K
Median grant
$3,752
Stays in DE
—
of grants
Deadline
—
Assets
$7.0M

Grants paid in 2024

Top 12 of 16 grants by amount · from Form 990-PF Part XV

RecipientPurposeAmount
Asone MinistriesSioux Falls, SDAsOne Africa fund$100K
Holos Hope NfpFlorence, ALGeneral & Unrestricted$32K
Nightlight Christian AdoptionsSanta Ana, CAGeneral & Unrestricted$6,500
Global Adoption Services IncBel Air, MDGeneral & Unrestricted$4,500
Missionary Church Investment FoundationFort Wayne, INGeneral & Unrestricted$4,500
A Better Way Education and SupportSugarcreek, OHGeneral & Unrestricted$3,000
Commission to Every Nation IncKerrville, TXGeneral & Unrestricted$3,000
Garden FoundationLowell, MIGeneral & Unrestricted$3,000
Lifesource IncSomerville, ALGeneral & Unrestricted$3,000
Neighborhood Christian CenterDecatur, ALGeneral & Unrestricted$3,000
RefornationsCrocker, MOGeneral & Unrestricted$3,000
Adullam International MinistriesWetumpka, ALGeneral & Unrestricted$2,500

By state: South Dakota 1 · Alabama 5 · Maine 1 · California 1 · Texas 2 · Maryland 1

About this foundation

Covenant Advisers Fund is a private grantmaking foundation in Wilmington, Delaware, administered in care of Foundation Source, tax-exempt since 2024. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Covenant Advisers Fund accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Covenant Advisers Fund give each year?

In tax year 2024 it paid $189K across 16 grants, a median of $3,752.

Where does Covenant Advisers Fund give?

South Dakota (1 grants), Alabama (5 grants), Maine (1 grants) and elsewhere, per its latest filing.

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