Nonprofit · EIN 58-6035088
COVENANT FOUNDATION INC
Tax-exempt · ATLANTA, GA 30336
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-PF | $433,730 | $3,487,260 | -$3,053,530 | $14,316,594 | $0 | $14,316,594 |
| July 31, 2024 | 990-PF | $7,290,589 | $3,551,924 | $3,738,665 | $16,713,616 | $3 | $16,713,613 |
Financial details: 990-PF for the year ended July 31, 2025
Revenue
- Dividends
- $335,875
- Interest
- $73,147
- Net gain from sales of assets
- -$15,414
- Other income
- $40,122
Expenses
- Grants and similar amounts paid
- $3,133,548
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $3,133,548
- Excise tax on investment income
- $2,260
Balance sheet and other
- Total assets, start of year
- $16,713,616
- Total assets, end of year
- $14,316,594
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,316,594
- Fair market value of assets
- $41,350,407
- Qualifying distributions
- $3,133,548
- Net investment income
- $449,144
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY M DAVIS 2450 WEST WESLEY ROAD NW, ATLANTA, GA 30327 | CHAIRMAN | 5 | $0 |
| ANN DAVIS 2450 WEST WESLEY ROAD NW, ATLANTA, GA 30327 | PRESIDENT | 5 | $0 |
990-PF for the year ended July 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY M DAVIS 2450 WEST WESLEY ROAD NW, ATLANTA, GA 30327 | President | 5 | $0 |
| ANN DAVIS 2450 WEST WESLEY ROAD NW, ATLANTA, GA 30327 | Vice President | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1 NATIONAL DR SW, ATLANTA, GA 30336-1631
- Signed the 990-PF
- JAY M DAVIS, PRESIDENT
- Phone
- (404) 696-9440
- Return prepared by
- MSTILLER LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-PF on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-PF on file |
IRS record
- EIN
- 58-6035088
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1961
- Accounting year ends
- July
- Files
- Form 990-PF
- Assets (IRS master file)
- $14,316,594
- Income (IRS master file)
- $618,334
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | July 2025 | $433,730 | $3,487,260 | $14,316,594 | XML |
| 990-PF | July 2024 | $7,290,589 | $3,551,924 | $16,713,616 | XML |
| 990-PF | July 2023 | – | – | – | IRS |
| 990-PF | July 2022 | – | – | – | IRS |
| 990-PF | July 2021 | – | – | – | IRS |
| 990-PF | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-6035088).
Questions about COVENANT FOUNDATION INC
- What is the EIN of COVENANT FOUNDATION INC?
- The employer identification number (EIN) of COVENANT FOUNDATION INC is 58-6035088.
- Is COVENANT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Are donations to COVENANT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COVENANT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COVENANT FOUNDATION INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COVENANT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended July 2025.
- Who are the officers and directors of COVENANT FOUNDATION INC?
- The 990-PF for the year ended July 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does COVENANT FOUNDATION INC have?
- On its 990-PF for the year ended July 31, 2025 it reported revenue of $433,730, expenses of $3,487,260 and total assets of $14,316,594 at year end.
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