The Covalent Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Covalent Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 47-5067002

Foundation Overview

Based in Reston, VA, The Covalent Foundation has awarded 65 grants totaling $12,501,889 to organizations in Texas, Virginia and 3 other states across the US. Individual grants range from $4,600 to $1,027,929, with a median award of $95,000.

Latest Tax Year
2025
Total Giving (all years)
$12,501,889
Total Assets
$4,257,212
Median Grant (all grants)
$95,000

Latest Form 990-PF Snapshot

Total Grants
6
Median Grant
$97,500
% Median Grant Decline
-35% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: May 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Balanced Approach: 50%

3 of 6 recipients (50%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.

Geographic Focus
Texas

71% of all grants are concentrated in Texas, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Texas, funding concentrates in Austin (100%).

Funding Trajectory
+26%

Moderate 26% growth trend over 9 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.

Program Areas
Community Projects + 3 others

Diversified giving across multiple program areas with primary emphasis on community projects (41%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Covalent Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Ascension Seton Foundation $505,516 Austin, TX, US Central Texas Community Health Centers And Human Trafficking Prevention Hub 2025
Breakthrough T1d $50,000 New York, NY, US Support Jdrf Outreach To Latinx Communities In Central Texas And Psychosocial Research In Central Texas. 2025
Casa Of Travis County $95,000 Austin, TX, US To Support Casa Of Travis County Promising Futures Program 2025
Dell Children's Medical Center Foundation $152,570 Austin, TX, US To Support Dell Children's Medical Center Emergency Department 2025
Rangerace Construction Camp Foundation $10,000 Reston, VA, US General Support 2025
Texas Advocacy Project $100,000 Austin, TX, US General Support 2025
Court Appointed Special Advocates (Casa) Of Travis County $150,000 Austin, TX, US Improve Data Management System And Capabilities 2023
Dell Children's Medical Center Foundation $294,752 Austin, TX, US Support The Maternal Fetal Medicine Program 2023
Rangerace Construction Camp Foundation $54,000 Reston, VA, US General Support 2023
Texas Advocacy Project (Tap) $220,000 Austin, TX, US To Provide Arrest/conviction Expungement Services For Human Trafficking Victims And General Support 2023
Jdrf International $50,000 New York, NY, US Support Jdrf Outreach To Latinx Communities In Central Texas And Psychosocial Research In Central Texas. 2023
The Safe Alliance $95,000 Austin, TX, US Safe Cares Outreach Program 2023
The Seton Fund $525,778 Austin, TX, US The Seton Fund And Central Texas Community Health Centers, Obstetrics Care, The Safe Alliance To Develop Outreach For Human Trafficking Prevention Hub 2023
Court Appointed Special Advocates (casa) Of Travis County $375,000 Austin, TX, US Partial Funding For Casa Per Grant Agreement, Improve Data Management System And Capabilities 2022
Dell Children's Medical Center Foundation $707,252 Austin, TX, US Partial Funding For Dcmc To Establish Pediatric Mental Health Partial Hospitalization Program, Support The Maternal Fetal Medicine Program 2022
Rangerace Construction Camp Foundation $48,966 Reston, VA, US General Support, Summer Camp Expenses 2022
Texas Advocacy Project (tap) $20,000 Austin, TX, US To Provide Arrest/conviction Expungement Services For Human Trafficking Victims, Funding For Tap And Services To Human Trafficking Victims 2022
The Meliora Foundation $10,025 Reston, VA, US General Support 2022
The Safe Alliance $95,000 Austin, TX, US Safe Cares Outreach Program 2022
The Seton Fund $396,648 Austin, TX, US The Seton Fund And Central Texas Community Health Centers, Seton Community Care Obstetrics Care, Care Partners (formerly Care Connections Programs), Carepartners Program, The Safe Alliance To Develop Outreach For Human Trafficking Prevention Hub 2022
Court Appointed Special Advocates (Casa) Of Travis County $375,000 Austin, TX, US Partial Funding For Casa Per Grant Agreement, Improve Data Management System And Capabilities 2022
Dell Children's Medical Center Foundation $707,252 Austin, TX, US Partial Funding For Dcmc To Establish Pediatric Mental Health Partial Hospitalization Program, Support The Maternal Fetal Medicine Program 2022
Rangerace Construction Camp Foundation $48,966 Reston, VA, US General Support, Summer Camp Expenses 2022
Texas Advocacy Project (Tap) $20,000 Austin, TX, US To Provide Arrest/conviction Expungement Services For Human Trafficking Victims, Funding For Tap And Services To Human Trafficking Victims 2022
The Meliora Foundation $10,025 Reston, VA, US General Support 2022
The Safe Alliance $95,000 Austin, TX, US Safe Cares Outreach Program 2022
The Seton Fund $396,648 Austin, TX, US The Seton Fund And Central Texas Community Health Centers, Seton Community Care Obstetrics Care, Care Partners (Formerly Care Connections Programs), Carepartners Program, The Safe Alliance To Develop Outreach For Human Trafficking Prevention Hub 2022
Court Appointed Special Advocates (Casa) Of Travis County $375,000 Austin, TX, US Partial Funding For Casa Per Grant Agreement, Improve Data Management System And Capabilities 2022
Dell Children's Medical Center Foundation $707,252 Austin, TX, US Partial Funding For Dcmc To Establish Pediatric Mental Health Partial Hospitalization Program, Support The Maternal Fetal Medicine Program 2022
Rangerace Construction Camp Foundation $48,966 Reston, VA, US General Support, Summer Camp Expenses 2022
Texas Advocacy Project (Tap) $20,000 Austin, TX, US To Provide Arrest/conviction Expungement Services For Human Trafficking Victims, Funding For Tap And Services To Human Trafficking Victims 2022
The Meliora Foundation $10,025 Reston, VA, US General Support 2022
The Safe Alliance $95,000 Austin, TX, US Safe Cares Outreach Program 2022
The Seton Fund $396,648 Austin, TX, US The Seton Fund And Central Texas Community Health Centers, Seton Community Care Obstetrics Care, Care Partners (Formerly Care Connections Programs), Carepartners Program, The Safe Alliance To Develop Outreach For Human Trafficking Prevention Hub 2022
Ascension Seton Seton Medical Center Austin $392,978 Austin, TX, US Carepartners Program - Year 3 2021
Rangerace Construction Camp Foundation $35,521 Reston, VA, US General Support 2021
Dell Children's Medical Center Foundation $1,027,929 Austin, TX, US To Continue The Integrated Psychological Health Chronic Disease, School Advocacy, School Nurse, And Pediatric Intensive Care Unit Programs And Establish Parial Funding For A Pediatric Mental Health Partial Hospitalization Program 2021
Court Appointed Special Advocates (casa) Of Travis County $10,000 Austin, TX, US General Support 2021
Texas Advocacy Project (tap) $110,000 Austin, TX, US General Support 2021
The Safe Alliance $10,000 Austin, TX, US General Support 2021
The Seton Fund $10,000 Austin, TX, US General Support 2021
The Meliora Foundation $10,000 Reston, VA, US General Support 2021
Dell Children's Medical Center Foundation $617,929 Austin, TX, US Support Integrated Psychological Health Chronic Disease, School Advocacy, School Nurse, And Pediatric Intensive Care Unit Programs 2020
Rangerace Construction Camp Foundation $17,000 Reston, VA, US General Support 2020
Seton Medical $257,031 Austin, TX, US Support For The "care Connections Program" 2020
Texas Advocacy Project (tap) $100,000 Austin, TX, US General Support 2020
The Meliora Foundation $4,600 Reston, VA, US General Support 2020
Austin Sunshine Camps $10,000 Austin, TX, US General Support 2018
Boys And Girls Club Of Austin Area $52,500 Austin, TX, US To Fund The Director Of Youth Program Quality Position 2018
Dell Children's Medical Center Foundation $667,500 Austin, TX, US Support Integrated Psychological Health Chronic Disease, School Advocacy, School Nurse, And Pediatric Intensive Care Unit Programs 2018
Health Leads $50,000 Boston, MA, US Continue Working With Seton Medical Austin To Find Solutions Benefitting Austin Community And To Continue Advisory Support For Care Connections Program 2018
Jdrf International $25,000 Austin, TX, US Various T1d Support Programs 2018
Seton Medical $118,312 Austin, TX, US Support For The "care Connections Program" Subject To The Terms Of The Grant Agreement 2018
Settlement Club $10,000 Austin, TX, US General Support 2018
Texas Advocacy Project (tap) $100,000 Austin, TX, US To Support Tap Sustaining The Staff Necessary To Provide An Ever-growing # Of Survivors With Grantee's Services. 2018
The Meliora Foundation $10,000 Reston, VA, US General Support 2018
Boys And Girls Clubs Of The Austin Area $79,800 Austin, TX, US Fund Youth Program Quality Training Coordinator 2009 Ic, 54 Passenger, 67,383 Miles, Maxxforce Dt 2017
Dell Children's Medical Center Foundation $617,000 Austin, TX, US Dissemination Of Findings And Training Of New Scientists In The Field Of Child Abuse And Maintenance Of The Enhanced Child Abuse Tracking System. Support Pediatric Icu, Expand Chronic Illness Support, Support School Psychologist Liaison, Support School Nurse Education Program 2017
Brother's Brother Foundation $60,000 Pittsburgh, PA, US Disaster Relief For Hurricane Harvey 2017
Texas Advocacy Project $100,000 Austin, TX, US Fund Positions That Provide Access To The Justice System To Victims Of Domestic And Dating Violence. Assisted Pro Bono Program And Client Management System. 2017
The Meliora Foundation $12,500 Reston, VA, US General Support 2017
Boys And Girls Clubs Of The Austin Area $35,000 Austin, TX, US To Purchase 2 Shuttle Buses 2016
Dell Children's Medical Center Foundation $500,000 Austin, TX, US Support Pediatric Icu, School Psychologist Liaison, School Nurse Education Program And Expansion Of Chronic Illness Support 2016
Health Leads $120,000 Boston, MA, US Compensation For Professional Time Needed To Develop And Advance The Seton Medical Center Plan; Fund Summit Meeting And General Support 2016
Texas Advocacy Project $70,000 Austin, TX, US Outreach Effort With A Coordinated Training Component To The Active Bar Associations Throughout Texas 2016

Foundations Similar to The Covalent Foundation

Discover 5 foundations with comparable assets ($3,883,153-$4,613,145), similar grant patterns, and geographic focus in VA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 85-3148496 | 7 grants awarded
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median grant
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Same state
98%
Excellent match

EIN: 99-2006057 | 1 grants awarded
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EIN: 54-6500526 | 31 grants awarded
$3,994,131
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$80,000
median grant
Richmond, VA
Same state
97%
Excellent match

EIN: 54-1535234 | 22 grants awarded
$4,613,145
(≈ Similar)
$139,375
median grant
Mechanicsville, VA
Same state
96%
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EIN: 54-6037615 | 33 grants awarded
$3,883,153
(≈ Similar)
$50,000
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Contact Information

Official contact details for The Covalent Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 47-5067002
Website http://www.covalent.org
Address 12030 SUNRISE VALLEY DR STE 450 Reston, VA 20191-3400

Key People (3)

Board members, trustees, and key staff who oversee The Covalent Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Mark W Mckenzie
Treasurer/vp Jessica L Ziehr
Secretary/vp Julia C Mckenzie

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Covalent Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated May 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.