Private Foundation

THE COVALENT FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC

THE COVALENT FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC, of RESTON, VA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $107K in revenue, $1.1M in expenses, $3.9M in total assets. IRS filings disclose 61 grants awarded by this foundation, totaling roughly $11.2M.

EIN: 475067002 RESTON, VA Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$107K
Total Expenses$1.1M
Total Assets$3.9M
Grants Given61
Grant Total$11.2M
Filing Years2021–2025

Before you apply to The Covalent Foundation C/O Sterling Foundation Management LLC

Preselected only Doesn't accept unsolicited requests for funds, per its 2025 Form 990-PF.

Sometimes funds new orgs 16% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

ASCENSION SETON FOUNDATION
AUSTIN, TX · 2025
CENTRAL TEXAS COMMUNITY HEALTH CENTERS AND HUMAN TRAFFICKING PREVENTION HUB
$505,516
DELL CHILDREN'S MEDICAL CENTER FOUNDATION
AUSTIN, TX · 2025
TO SUPPORT DELL CHILDREN'S MEDICAL CENTER EMERGENCY DEPARTMENT
$152,570
TEXAS ADVOCACY PROJECT
AUSTIN, TX · 2025
GENERAL SUPPORT
$100,000
CASA OF TRAVIS COUNTY
AUSTIN, TX · 2025
TO SUPPORT CASA OF TRAVIS COUNTY PROMISING FUTURES PROGRAM
$95,000
BREAKTHROUGH T1D
NEW YORK, NY · 2025
SUPPORT JDRF OUTREACH TO LATINX COMMUNITIES IN CENTRAL TEXAS AND PSYCHOSOCIAL RESEARCH IN CENTRAL TEXAS.
$50,000

Showing up to 5 of 61 total records — full history available with membership.

Officers & Directors

TREASURER/VP Jessica L Ziehr
SECRETARY/VP Julia C Mckenzie
PRESIDENT Mark W Mckenzie

Officer compensation and complete director data available with membership.

Top Grant Purposes

Mental Health & Substance Abuse
$4,542,610 6 grants
General Support
$3,082,145 34 grants
Health & Medicine
$2,772,547 8 grants
Youth Development
$181,266 3 grants
Research & Policy
$150,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $107K $1.1M $3.9M
2024 $819K $1.3M $4.8M
2023 $2.0M $1.7M $5.3M
2022 $2.0M $2.0M $5.1M
2021 $927K $2.0M $5.1M

Between 2021 and 2025, reported annual revenue declined from $927K to $107K (-88%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CO, MA, NY, PA, TX, VA.

COMANYPATXVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE COVALENT FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC

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