NonprofitsCovenant Health Foundation

Health Care

Covenant Health Foundation

KNOXVILLE, TN

Total revenue

$2.0M

Total expenses

$2.6M

Net assets

$17.8M

Grants received

$676K

38 grants

EIN

621748601

Tax year

2024

Mission

To support the programs and services of Covenant Health through charitable contributions.

Programs

3 programs

Covenant HomeCare & Hospice:Donors to Covenant Health Foundation provide funding for a partnership between Covenant HomeCare and Knoxville Area Rescue Mission (KARM) to reduce frequent hospitalizations among the homeless community. In 2024, $214,776 was distributed to support that project which provides onsite medical care, clinic facilities, medication management and case management at the KARM shelter. Since opening in 2019, the program has served 330 patients. Following participation in these services, patients show a 40% reduction in emergency department visits and the avoidance of 13,116 inpatient hospitalization days. As a result of these shelter-based services, the patients at KARM are leading healthier lives. Another $34,214 was distributed to underwrite professional education opportunities for staff, fund membership in the National Hospice and Palliative Care organization, provide medical/hospice housing for indigent patients, provide patient education materials, fund grief counseling services, and conduct the annual memorial service for families of deceased Hospice patients.Covenant Hospice's annual Katerpillar Kids Camp programming continued to be funded by the Foundation in 2024. Approximately $45,700 was distributed to support free weekend day camp experiences and grief support for some 150 children who have experienced the death of a loved one. Approximately 250 parents, guardians, and siblings were also impacted by camp services. The annual camp provides grieving children and teens a safe, understanding environment to express their grief and learn that they are not alone in their grief journey.

Expenses: $295KGrants: $295K

Patient & Employee Emergency Assistance :Each year funds are contributed, primarily through Covenant Health's annual WeCare Employee Giving Campaign, to assist employees and patients in times of crisis. Support includes assistance with housing, transportation, food, clothing, medicines/medical supplies, utilities, childcare, disaster recovery (employees affected by hurricane, tornado, flood, etc.), and unexpected funeral expenses. In 2024, assistance was distributed to assist 4,803 individuals at Claiborne Medical Center (14), Covenant parent company (110), Covenant HomeCare (150), Cumberland Medical Center (23), Fort Sanders Regional Medical Center (139), Fort Loudoun Medical Center (52), LeConte Medical Center (38), Methodist Medical Center (78), Morristown-Hamblen Healthcare System (29), Parkwest Medical Center (153), Peninsula (52), Roane Medical Center (24), and Thompson Cancer Survival Center (1,210).

Expenses: $291KGrants: $291K

The Foundation supports a variety of other programs and services throughout Covenant Health. The most significant distributions in 2024, which were directed to the Covenant parent company, Peninsula behavioral health programs, Parkwest Medical Center, the Fellowship outpatient lodging program, Fort Sanders Regional Medical Center, Cumberland Medical Center, systemwide outpatient cardiac rehabilitation programs, the Fort Sanders Dept. of Nursing at Tennessee Wesleyan College, Fort Loudoun Medical Center, and Roane Medical Center are outlined below:In 2024, the Foundation supported the Covenant Health parent company by underwriting a $300,000 portion of the new vice president of philanthropy salary costs for the first year of that position. Some $140,000 in funds raised through the annual Artsclamation! fine art sale and other donations supported behavioral health care at Peninsula. Funds supported Peninsula's emergency room diversion project which places a team of behavioral specialists in Covenant Health emergency departments to assess patients who make repeated non-emergency visits to the emergency room. These specialists develop a personalized treatment plan for patients, proposing alternative options to visiting the ED and providing follow-up support and resources to these patients. Additional funds provided discharge medications to patients who need a supply of prescriptions when they leave the hospital to maintain their health until they are set up on TennCare or other payer sources for ongoing maintenance medications. Donations also supported the placement of behavioral health staff in Covenant HomeCare's onsite clinic at Knoxville Area Rescue Ministries (KARM) to provide counseling and case management services to those clients. Peninsula patients were supported with emergency funding assistance to help with necessary living expenses such as utilities, housing, medications and transportation.Distributions to Parkwest Medical Center of just over $40,000 supported advanced clinical education and training, as well as postpartum and newborn care educational materials for new parents. The Fellowship Outpatient Lodging Program, which is supported entirely by contributions, offers free hotel accommodations and transportation to treatment for patients and families coping with serious illnesses. The program primarily serves Thompson Cancer Survival Center patients and their families who live more than 30 miles from Knoxville. In 2024, $26,675 in distributions supported the program. The program housed 24 guests in 2024 providing 200 nights of free lodging. Approximately $18,500 was distributed to Fort Sanders Regional Medical Center, including funds to support perinatal center parents, cardiac rehab patients, the hospital's chaplaincy program, and an ethics gap needs assessment for staff.Just over $13,000 in donations were distributed to Cumberland Medical Center, primarily to provide cancer patient assistance and continuing clinical education.The Foundation receives grant funds annually from the Will Rogers Institute to support pulmonary rehabilitation across Covenant Health. The grant funds provide scholarships to assist outpatient pulmonary rehab patients without insurance coverage or the ability to pay. In 2024, approximately $8,300 in funding benefited 38 patients at Methodist, LeConte, and Fort Sanders Regional outpatient pulmonary rehabilitation clinics.Small distributions were also made to the Fort Sanders Dept. of Nursing at Tennessee Wesleyan College, Fort Loudoun Medical Center, and Roane Medical Center to support clinical education.

Expenses: $549KGrants: $549K

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue
Investment income$538K
Other revenue
Total revenue$2.0M

Expenses

Grants paid$2.4M
Salaries & benefits
Fundraising$175K
Other expenses$246K
Total expenses$2.6M
Total assets$18.4M
Net assets$17.8M

People

12 listed

NameRoleCompensation

Kathy May-Martin

Director/Chair (through Dec 2024)

Board

1 hrs/wk

Chad Schollaert

Director

Board

1 hrs/wk

Mary Child

Director

Board

1 hrs/wk

Jamie Wakefield

Director

Board

1 hrs/wk

Marty Gibbs

Director

Board

1 hrs/wk

Charles Griffin

Director

Board

1 hrs/wk

Alan Hill

Director

Board

1 hrs/wk

Rachel Hurt

Director

Board

1 hrs/wk

Tyler Janow

Director

Board

1 hrs/wk

James D VanderSteeg

President & CEO

Board

1 hrs/wk

William R Bryant Jr

VP and Chief Philanthrophy Officer

Staff

11 hrs/wk

Patrick J Birmingham IV

Fmr VP Philanthr. (through Feb 2024)

Staff

8 hrs/wk

Grants received

Showing 38 of 38

FromAmountPurposeYear
$52K
Support for fundraisers benefitting Covenant Health hospitals
2024
$17K
SPECIFIC PROGRAMS
2024
$15K
DONATION TO THE GENERAL FUND
2024
$10K
CHARITY
2024
$10K
Patient Support
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$52K
Support for fundraisers benefitting Covenant Health hospitals
2023
$20K
PURCHASE SUPPLIES TO SUPPORT THEIR CHILD BEREAVEMENT CAMP.
2023
$13K
Patient Support
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
MEDICAL RESEARCH FELLOWSHIP
2023
$7K
For grant recipient's exempt purposes
2023
$38K
Support for fundraisers benefitting Covenant Health hospitals
2022
$25K
Patient Support
2022
$20K
TO PROVIDE FUNDING SUPPORTING THEIR BERHEVEMENT CAMP THAT ASSISTS CHILDREN WHO ARE GREIVING THE DEATH OF A LOVED ONE.
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
MEDICAL RESEARCH FELLOWSHIP
2022
$10K
PROGRAM DEVELOPMENT
2022
$15K
TO PROVIDE FUNDING FOR THE CAMP FACILITY THAT ASSISTS CHILDREN AND FAMILIES WHO ARE GREIVING THE DEATH OF A LOVED ONE. THEY PROVIDE COUNSELORS AND EQUINE ASSISTED GRIEF COUNSELING.
2021
$10K
MEDICAL RESEARCH FELLOWSHIP
2021
$50K
1 GRANT(S) FOR VARYING PURPOSES
2020
$10K
GEN/OPER SUPPORT
2020
$10K
MEDICAL RESEARCH FELLOWSHIP
2020
$10K
Support for fundraisers benefitting Covenant HomeCare & Hospice and Peninsula Behavioral Hospital
2020
$5K
EVENT SPONSORSHIP
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$20K
SUPPLIES FOR THEIR CHILD BEREAVEMENT CAMP.
2019
$12K
For grant recipient's exempt purposes
2019
$10K
MEDICAL RESEARCH FELLOWSHIP
2019
$25K
MEDICAL RESEARCH FELLOWSHIP
2018
$20K
SUPPLIES FOR THEIR CHILD BEREAVEMENT CAMP.
2018
$13K
SPECIFI PROGRAMS
2018
$10K
PROGRAM DEVELOPMENT
2018
$50K
MEDICAL RESEARCH FELLOWSHIP
2017
$23K
MEDICAL EQUIPMENT GRANT
2017
$20K
FUND THEIR 2018 "KATERPILLAR KIDS CAMP" THAT HELPS GRIEVING CHILDREN IN 1ST TO 12TH GRADE COPE WITH THE DEATH OF A CLOSE FAMILY MEMBER.
2017
$15K
PROVIDE CLOTHING FOR CHILDREN IN THEIR FOSTER FAMILY AGENCY ("FFA") PROGRAM.
2017

Funded by

$676K from 12 funders · 38 grants · 2017–2024

Covenant Health

$152K · 4 grants · 2020–2024

Will Rogers Motion Picture

$148K · 8 grants · 2017–2023

Variety Of Eastern Tennessee

$130K · 7 grants · 2017–2023

The Winston-Salem Foundation

$50K · 1 grant · 2020

American Cancer Society Inc

$48K · 3 grants · 2022–2024

Morgan Stanley Global Impact Funding Trust Inc

$35K · 4 grants · 2020–2024

East Tennessee Foundation

$30K · 3 grants · 2018–2022

United Way Of Greater Knoxvilleinc

$29K · 2 grants · 2018–2024

Details

EIN621748601
NTEE codeE120
Subsection03
Ruling date1999-02
Formed1998
Employees0
Volunteers76
COVENANT HEALTH FOUNDATION — Mission, Financials & Grants Received | Grantivo