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Covenant Medical Center INC

EIN: 42-1264647 • Waterloo, IA
Total Assets
$901M
Foundation endowment scale
Annual Giving
$35M
Annual capital distribution
Typical Grant
$34,972,530
Most grants: $35M – $35M
Application Status
Accepts New Applicants
Rolling review

About Covenant Medical Center INC Grantmaking

Covenant Medical Center INC is an institutional grantmaking foundation headquartered in Waterloo, IA (EIN: 42-1264647). According to verified IRS Form 990-PF filings, the foundation maintains $901M in total assets and distributed $35M across 7 grants. Its typical award size is $34,972,530, with the middle 50% of awards falling between $35M and $35M. Its primary funding focus includes Education & Literacy (50%), Food & Agriculture (50%), with the highest concentration of grants awarded in IA (100%).

Top Funded Causes% Capital
Education & Literacy50%
$24K deployed3 awards
Food & Agriculture50%
$24K deployed1 awards
Top Recipient States% Dollars
IA State Recipients100%
$500K funded7 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)29%
2 large institutional grants
Mid-Sized ($25K–$100K)0%
0 standard program grants
Micro & Small (<$25K)71%
5 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Accepts Unsolicited Proposals
Submission Deadlines

Rolling review

Geographic Focus & Restrictions

MI statewide and regional focus

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 5 of 7 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
Covenant Foundation INCWaterloo, IA2024$221,389Program support
Northeast Iowa Food BankWaterloo, IA2024$23,802Program support
University of Northern Iowa FoundationCedar Falls, IA2024$7,000Support veggie voucher program
Covenant Foundation INCWaterloo, IA2023$223,811Program support
Cedar Falls School FoundationCedar Falls, IA2023$10,000Student and staff opportunities
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Frequently Asked Questions about Covenant Medical Center INC

Does Covenant Medical Center INC accept unsolicited grant proposals?

Yes, Covenant Medical Center INC accepts unsolicited grant proposals. Submission review cycle: Rolling review.

What is the typical grant size from Covenant Medical Center INC?

The median grant size from Covenant Medical Center INC is $34,972,530, with the middle 50% of awards ranging between $35M and $35M.

What causes does Covenant Medical Center INC fund?

Over recent Form 990-PF filings, Covenant Medical Center INC's primary funding areas have been Education & Literacy, Food & Agriculture.

How do I contact Covenant Medical Center INC about a grant?

Covenant Medical Center INC is headquartered in Waterloo, IA. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.