About Covenant Health System
As expressions of God's healing love, witnessed through the ministry of Jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
Focus Areas
Community health needs & improvementBehavioral healthPalliative care and hospiceCancer careCardiac careDiabetes and chronic disease managementSubstance use disorder servicesResearch and clinical trialsHealth equity
Who They Fund
vulnerable populationspatients with strokecancer patientsindividuals at high risk for lung cancer
About Covenant Health System
Covenant Health System’s latest reported grant is a single $1,712,777 award for operational support to Covenant Health System Foundation in Lubbock, Texas. That one grant is a useful marker of how the funder appears in the record: it is tied to Covenant Health’s own regional foundation structure and to support for community health services across its Texas and New Mexico footprint. The foundation’s stated purpose centers on serving “all, especially those who are poor and vulnerable,” and that orientation aligns with the program areas attached to the active grant program, including community health improvement, behavioral health, palliative care, diabetes prevention and management, and substance use disorder recovery. Covenant Health System also reports program-related investments, which places it in a category of funders that can use more than one capital tool alongside grants. Its 2024 filing shows annual grants of $1,712,777 and total assets of $251,526,995, indicating a foundation with substantial balance-sheet capacity relative to a focused regional grantmaking profile.
What Covenant Health System Funds
Community health is the clearest program thread in the data. Covenant Health System’s active grant program supports community health programs and services across Texas and New Mexico, with emphasis on community health improvement and diabetes prevention and management. Behavioral and mental health is another stated area, and the program language points to support for behavioral and mental health services rather than a broad unrestricted approach. The foundation also names palliative care and hospice among its priorities, showing attention to end-of-life support within its service-delivery model. Substance use disorder recovery appears in the same active program list, alongside community health, indicating a linked set of care needs rather than separate grantmaking silos. The broader focus areas also include cancer care, cardiac care, research and clinical trials, and health equity, but the active program description most clearly documents how those priorities translate into service support.
How Covenant Health System Gives
The reported grant-size distribution is flat: p25, median, and p75 are all $1,712,777. That matches the record of a single 2024 grant at the same amount, suggesting a concentrated grant pattern in the available data. The recipient list shows one organization rather than a broad portfolio, and the recent grant is directed to the foundation’s own Covenant Health System Foundation entity in Lubbock. Covenant Health System also makes program-related investments, so its giving toolkit is not limited to grants alone. The active grant program does not accept unsolicited applications, indicating a structured, internally directed funding process.
Financial Snapshot
Annual Giving
$1.7M
Total Assets
$199.1M
Total Revenue
$113.8M
Total Expenses
$115.6M
Typical Grant Size
Most grants fall between $1.7M and $1.7M, with a median of $1.7M.
25th Percentile
$1.7M
Median
$1.7M
75th Percentile
$1.7M
Geographic Reach
Regional1 state funded
About 0% of grants go to recipients in TX.
Funding intensity
LowHigh
Headquarters
Leadership
WALTER CATHEY
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