The Covalent Foundation
Invitation OnlyReston, Virginia · EIN 47-5067002 · Private foundation · Website
Grants paid (2025)$913K
Organizations funded6
Typical grant$95,000
Total assets$4.3M
Half of its grants to organizations were between $50,000 and $152,570.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
83% of grants went outside Virginia.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Ascension Seton Foundation | Austin, TX | Central texas community health centers and human trafficking prevention hub | $505,516 |
| Dell Children's Medical Center Foundation | Austin, TX | To support dell children's medical center emergency department | $152,570 |
| Texas Advocacy Project | Austin, TX | General support | $100,000 |
| Casa of Travis County | Austin, TX | To support casa of travis county promising futures program | $95,000 |
| Breakthrough T1d | New York, NY | Support jdrf outreach to latinx communities in central texas and psychosocial research in central texas. | $50,000 |
| Rangerace Construction Camp Foundation | Reston, VA | General support | $10,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $913,086 | 6 |
| 2024 | $1,057,783 | 6 |
| 2023 | $1,389,530 | 7 |
Sources
- IRS Form 990-PF, tax year 2025, filed Apr 20, 2026 - IRS e-file batch, object ID 202611109349100236
- IRS Tax Exempt Organization Search for EIN 47-5067002
- Profile updated Nov 7, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.