Public Charity

Covenant Health Foundation

Based in Knoxville, TN, Covenant Health Foundation operates as a Public Charity. The organization reported $2.0M in revenue, $2.6M in expenses, $18.4M in total assets for fiscal year 2024. Imperigo tracks 54 reported grant relationships connected to this organization totaling approximately $944K.

EIN: 621748601 Knoxville, TN Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.6M
Total Assets$18.4M
Grant Records54
Funding Total$944K
Filing Years2019–2024

Mission

Covenant Health Foundation raises and distributes funds in support of patient care, equipment, programs, services and staff not otherwise funded by Covenant Health and its affiliates. The Foundation's mission is to provide charitable support to further Covenant Health's mission to serve the community by improving the quality of life through better health.

Officers & Directors

Director Alan Hill
Director Chad Schollaert
Director Charles Griffin
President & CEO James D Vandersteeg
Director Jamie Wakefield
Director/Chair (through Dec 2024) Kathy May-Martin

Officer compensation and complete director data available with membership.

Top Grant Purposes

MEDICAL RESEARCH FELLOWSHIP
$185,000 9 grants
Support for fundraisers benefitting Covenant Health hospitals
$141,650 3 grants
Patient Support
$57,500 4 grants
1 GRANT(S) FOR VARYING PURPOSES
$50,000 1 grant
OPERATING SUPPORT
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.6M $18.4M
2023 $1.5M $1.2M $17.5M
2022 $1.8M $1.3M $15.6M
2020 $2.0M $3.1M $16.7M
2019 $1.7M $1.5M $17.5M

Between 2019 and 2024, reported annual revenue grew from $1.7M to $2.0M (+16%), with total assets most recently reported at $18.4M.

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

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