Mission
THE FOUNDATION IS ESTABLISHED TO SUPPORT THE COVENANT HEALTHCARE SYSTEM BY ACCEPTING DONATIONS AND PROVIDING STEWARDSHIP OF CHARITABLE FUNDS RECEIVED FROM THE COVENANT HEALTHCARE CONSTITUENCY.
Public Charity
COVENANT HEALTHCARE FOUNDATION
COVENANT HEALTHCARE FOUNDATION is a nonprofit organization categorized as Public Charity based in SAGINAW, MI. Its most recent IRS filing (2025) reports revenue of $2.4M, expenses of $950K, total assets of $29.3M. Imperigo tracks 35 reported grant relationships connected to this organization totaling approximately $622K.
EIN: 382572154
SAGINAW, MI
Single Organization Support
NTEE: E11
Latest filing: 2025
Total Revenue$2.4M
Total Expenses$950K
Total Assets$29.3M
Grant Records35
Funding Total$622K
Filing Years2021–2025
Where $100 goes at Covenant Healthcare Foundation
How Covenant Healthcare Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$64
Programs
the work itself
$36
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $64 for programs
$55
Grants to various hospital units to be used for the benefit of covenant healthcare system, a non-profit organization, and its affiliated hospital, covenant medical center
$9
College scholarships to high school students, legal dependents and nursing students
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$21,000
Program/General support
$16,146
PROGRAM SUPPORT
$5,500
MARY FREE BED AT COVENANT CAPITAL CAMPAIGN
$33,333
CAPITAL CAMPAIGN / PROGRAM SUPPORT
$33,333
Showing up to 5 of 35 total records — full history available with membership.
Officers & Directors
PRESIDENT/CEO
Bethany Charlton
CHAIR
Jane Hagen
SECRETARY/TREASURER
John W Shelton
BOARD MEMBER
Kathi Spence
VP OF FINANCE
Kevin Albosta
FOUNDATION DIRECTOR
Kristin Knoll
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.4M | $950K | $29.3M |
| 2024 | $2.1M | $832K | $27.2M |
| 2023 | $3.2M | $962K | $25.3M |
| 2022 | $2.9M | $4.9M | $25.4M |
| 2021 | $3.7M | $1.8M | $31.5M |
Between 2021 and 2025, reported annual revenue declined from $3.7M to $2.4M (-37%), with total assets most recently reported at $29.3M.
Interactive year-over-year charts and full filing details available with membership.