COVENANT FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: COVENANT FOUNDATION INC (EIN 74-2622129)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-09-05
IRS object ID: 201342489349100309
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Land Etc Schedule2
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-09-05T15:46:04-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	273473554	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SCHRIVER CARMONA & CARRERA PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	5805 CALLAGHAN RD STE 301	AddressLine1
City	San Antonio	City
State	TX	State
ZIP Code	78228	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	742622129	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	COVENANT FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	COVE	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	18615 TUSCANY STONE	AddressLine1
City	SAN ANTONIO	City
State	TX	State
ZIP Code	78258	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JAMES R LEININGER	Name
Title	CHAIRMANDIRECT	Title
Phone	2106147051	Phone
Date Signed	2013-09-04	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DEREK SCHRIVER	Name
PTIN	P00958022	PTIN
Phone	2106800350	Phone
Date Prepared	2013-09-05	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	28213596	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	11104	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	11104	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	1833	DividendsRevAndExpnss
Dividends Net Invst Incm	1833	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	-12000	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	10537225	GrossSalesPrice
Other Income Rev And Expnss	241731	OtherIncomeRevAndExpnss
Total Revenue And Expenses	242668	TotalRevenueAndExpenses
Total Net Investment Income	12937	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	78075	CompOfcrDirTrstRevAndExpnss
Pension Empl Bnft Rev And Expnss	13970	PensionEmplBnftRevAndExpnss
Accounting Fees Rev And Expnss	1806	AccountingFeesRevAndExpnss
Taxes Rev And Expnss	57620	TaxesRevAndExpnss
Deprec And Depletion Rev And Expnss	13	DeprecAndDepletionRevAndExpnss
Other Expenses Rev And Expnss	4170	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	155654	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	13131108	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	13131108	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	13286762	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	13131108	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-13044094	ExcessOfRevenueOverExpenses
Net Investment Income	12937	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	2780436	CashBOY
Cash EOY	187007	CashEOY
Cash EOYFMV	187007	CashEOYFMV
Savings And Temp Cash Invst BOY	27454210	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	10508275	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	10508275	SavingsAndTempCashInvstEOYFMV
Accounts Receivable	296308	AccountsReceivable
Accounts Receivable BOY	119825	AccountsReceivableBOY
Accounts Receivable EOY	296308	AccountsReceivableEOY
Accounts Receivable EOYFMV	296308	AccountsReceivableEOYFMV
Investments Govt Oblig BOY	19839497	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	15600000	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	15600000	InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY	368789	InvestmentsCorpStockBOY
Investments Corp Stock EOY	368789	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	434720	InvestmentsCorpStockEOYFMV
Investments Other BOY	1164309	InvestmentsOtherBOY
Investments Other EOY	1187286	InvestmentsOtherEOY
Investments Other EOYFMV	1187286	InvestmentsOtherEOYFMV
Land Building And Equipment Basis	323	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	323	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	38	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	0	LandBuildingAndEquipmentEOY
Total Assets BOY	51727104	TotalAssetsBOY
Total Assets EOY	28147665	TotalAssetsEOY
Total Assets EOYFMV	28213596	TotalAssetsEOYFMV
Accounts Payable BOY	1216	AccountsPayableBOY
Accounts Payable EOY	871	AccountsPayableEOY
Loans From Officers BOY	10535000	LoansFromOfficersBOY
Total Liabilities BOY	10536216	TotalLiabilitiesBOY
Total Liabilities EOY	871	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	41190888	RetainedEarningsBOY
Retained Earnings EOY	28146794	RetainedEarningsEOY
Total Net Assets BOY	41190888	TotalNetAssetsBOY
Total Net Assets EOY	28146794	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	51727104	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	28147665	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	41190888	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-13044094	ExcessOfRevenueOverExpenses
Subtotal	28146794	Subtotal
Total Net Assets Fund Balances EOY	28146794	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gross Sales PriceGrossSalesPrice
OFFICE EQUIPMENT	P	2006-06-22	2012-12-31	25	-25
XXX-XX-XXXX JPM MANAGED INCOME FUND	P	2000-01-01	2012-10-26	1498504	1496	1500000
99800399 JPM MANAGED INCOME FUND	P	2000-01-01	2012-09-06	999003	997	1000000
JPM MANAGED INCOME FUND - LT DIST	P	2000-01-01	2012-12-14		10	10
3000000 - FLORIDA ST BRD ED CAP	P	2011-12-22	2012-02-10	3086216	-15896	3070320
1015000 - MISSOURI ST WTR	P	2011-12-22	2012-02-09	1037032	156	1037188
1870000 - MISSOURI ST WTR	P	2011-12-22	2012-02-09	1912826	278	1913104
1970000 - MISSOURI ST WTR	P	2011-12-22	2012-02-09	2015116	293	2015409
CLEARWIRE FINAL DISTRIBUTION	P	2000-01-01	2012-07-17		1194	1194
COVENANT SCHOOL PASS THROUGH	P	2000-01-01	2012-12-31	503	-503

Field	Value	IRS element (for citing)
Capital Gain Net Income	-12000	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	9148377	QualifyingDistributionsYear1
Noncharitable Assets Year1	3668604	NoncharitableAssetsYear1
Distribution Ratio Year1	2.493694	DistributionRatioYear1
Qualifying Distributions Year2	5095385	QualifyingDistributionsYear2
Noncharitable Assets Year2	1542329	NoncharitableAssetsYear2
Distribution Ratio Year2	3.303695	DistributionRatioYear2
Qualifying Distributions Year3	10430354	QualifyingDistributionsYear3
Noncharitable Assets Year3	4035766	NoncharitableAssetsYear3
Distribution Ratio Year3	2.584479	DistributionRatioYear3
Qualifying Distributions Year4	10244561	QualifyingDistributionsYear4
Noncharitable Assets Year4	22744094	NoncharitableAssetsYear4
Distribution Ratio Year4	0.450427	DistributionRatioYear4
Qualifying Distributions Year5	7373464	QualifyingDistributionsYear5
Noncharitable Assets Year5	27045446	NoncharitableAssetsYear5
Distribution Ratio Year5	0.272632	DistributionRatioYear5
Total Distribution Ratio	9.104929	TotalDistributionRatio
Average Distribution Ratio	1.820986	AverageDistributionRatio
Net Noncharitable Assets	34378957	NetNoncharitableAssets
Adjusted Noncharitable Assets	62603599	AdjustedNoncharitableAssets
One Percent Net Investment Income	129	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	62603728	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	13131108	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	259	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	259	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	259	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	4943	EstTaxPaymentsAndOverpayment
Total Credits And Payments	4943	TotalCreditsAndPayments
Overpayment	4684	Overpayment
Amount Credited To Next Year	4684	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	true	UnrelatedBusIncomeOver1000
Form990 T Filed	true	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	TX	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Books In Care Of Person Name	DAVID KEITH	BooksInCareOfPersonName
Books In Care Of Phone Number	2106147051	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	18615 TUSCANY STONE STE 200	AddressLine1
City	SAN ANTONIO	City
State	TX	State
ZIP Code	78258	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	true	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	true	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
THOMAS W LYLES JR
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	SECRETARYTREASURER	0.00	0	0	0
JAMES R LEININGER
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	CHAIRMANDIRECTOR	0.00	0	0	0
CECELICA A LEININGER
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	DIRECTOR	0.00	0	0	0
TRACY M CRAVEN
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	DIRECTOR	0.00	0	0	0
BRIAN C LEININGER
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	DIRECTOR	0.00	0	0	0
KELLY C WELCH
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	DIRECTOR	0.00	0	0	0
DAVID CRAVEN
18615 TUSCANY STONE	SAN ANTONIO	TX	78258	PRESA SECDIR	40.00	78075	1952	12019

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	NA	Description1
Expenses1	0	Expenses1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	NA	Description1
Amount1	0	Amount1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	18653433	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	15084449	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	1164612	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	34902494	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	34902494	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	523537	CashDeemedCharitable
Net Noncharitable Assets	34378957	NetNoncharitableAssets
Minimum Investment Return	1718948	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	1718948	MinimumInvestmentReturn
Tax Based On Investment Income	259	TaxBasedOnInvestmentIncome
Total Tax	259	TotalTax
Distributable Amount Before Adj	1718689	DistributableAmountBeforeAdj
Distributable Amount Before Ded	1718689	DistributableAmountBeforeDed
Distributable Amount As Adjusted	1718689	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	13131108	ExpensesAndContributions
Qualifying Distributions	13131108	QualifyingDistributions
Adj Qualifying Distributions	13131108	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	1718689	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	6030130	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	9184084	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	10401102	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	5018301	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	8965029	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	39598646	TotalExcessDistriCarryover
Qualifying Distributions	13131108	QualifyingDistributions
Applied To Current Year	1718689	AppliedToCurrentYear
Remaining Distri From Corpus	11412419	RemainingDistriFromCorpus
Total Corpus	51011065	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	6030130	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	44980935	ExcessDistriCyovToNextYear
Excess From Year4	9184084	ExcessFromYear4
Excess From Year3	10401102	ExcessFromYear3
Excess From Year2	5018301	ExcessFromYear2
Excess From Year1	8965029	ExcessFromYear1
Excess From Current Year	11412419	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	JAMES R LEININGER	ContributingManager
Shareholder Manager	NONE	ShareholderManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (63 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
ALL NATIONS
PO BOX 56	GRANDVIEW	MO	64030	NONE	PUBLIC	GENERAL FUNDING	$3,600
ALLIANCE FOR CHILDREN
PO BOX 6905	KOKOMO	IN	469046905	NONE	PUBLIC	GENERAL FUNDING	$7,200
AMERICAN CHINESE FELLOWSHIP
PO BOX 20710	HOUSTON	TX	77226	NONE	PUBLIC	GENERAL FUNDING	$3,000
AMERICANS UNITED
656 15TH ST NW SUITE 410	WASHINGTON	DC	20006	NONE	PUBLIC	GENERAL FUNDING	$10,000
ANTIOCH MINISTRIES
506 N 20TH ST	WACO	TX	76708	NONE	PUBLIC	GENERAL FUNDING	$10,200
AWAKENING FOR TODAY MINISTRIES
PO BOX 40	CANON CITY	CO	81215	NONE	PUBLIC	GENERAL FUNDING	$10,000
BOY SCOUTS OF AMERICA
2227 NW MILITARY DR	SAN ANTONIO	TX	782131834	NONE	PUBLIC	GENERAL FUNDING	$10,000
CAMPUS CRUSADE FOR CHRIST
PO BOX 628223	ORLANDO	FL	32833	NONE	PUBLIC	GENERAL FUNDING	$36,800
CENTRAL CHRISTIAN CHURCH
3603 BROOKSIDE DRIVE	WYLIE	TX	75098	NONE	PUBLIC	GENERAL FUNDING	$3,600
CHRISTIAN ACADEMY OF SA
326 CASTROVILLE ROAD	SAN ANTONIO	TX	78208	NONE	PUBLIC	GENERAL FUNDING	$2,490,000
CHRISTIAN PRO
7211 LOUIS PASTEUR	SAN ANTONIO	TX	78230	NONE	PUBLIC	GENERAL FUNDING	$3,600
EDUCATIONAL RES
PO BOX 7519	LONGVIEW	TX	75608	NONE	PUBLIC	GENERAL FUNDING	$10,000
FAMILY RESEARCH
802 G STREET NW	WASHINGTON	DC	20002	NONE	PUBLIC	GENERAL FUNDING	$25,000
FAMILY TALK
541 ELKTON DRIVE	COLORADO SPRINGS	CO	80908	NONE	PUBLIC	GENERAL FUNDING	$1,000,000
FEAST
26 BURWOOD	SAN ANTONIO	TX	78217	NONE	PUBLIC	GENERAL FUNDING	$26,700
GATHERING HEART
2221 WEST OAKRIDGE	BROKEN ARROW	OK	74013	NONE	PUBLIC	GENERAL FUNDING	$3,600
GLOBAL OUTREACH
PO BOX 2011	BUFFALO	NY	142312011	NONE	PUBLIC	GENERAL FUNDING	$4,800
HARVEST INTERNATIONAL
PO BOX 6691	OCALA	FL	344786691	NONE	PUBLIC	GENERAL FUNDING	$18,000
HEIDI GROUP
2 CHISHOLM TRAIL SUITE 310	RED ROCK	TX	78662	NONE	PUBLIC	GENERAL FUNDING	$10,000
HOME SCHOOL FOUNDATION
PO BOX 1153	PURCELLVILLE	VA	20134	NONE	PUBLIC	GENERAL FUNDING	$22,300
HOPE ACADEMY
2301 CHICAGO AVENUE	MINNEAPOLIS	MN	55405	NONE	PUBLIC	GENERAL FUNDING	$10,000
HUGUENOT
3201 FOOTHILL ROAD	MOSCOW	ID	83844	NONE	PUBLIC	GENERAL FUNDING	$10,000
HUISACHE AVENUE
1340 WEST HUISACHE	SAN ANTONIO	TX	78202	NONE	PUBLIC	GENERAL FUNDING	$2,500
KINGDOM RESOURCE
1671 FM 1516 SOUTH	SAN ANTONIO	TX	78264	NONE	PUBLIC	GENERAL FUNDING	$12,200
LIVING WATERS
9819 ARKANSAS STREET	BELLFLOWER	CA	90707	NONE	PUBLIC	GENERAL FUNDING	$90,000
MEDICAL INSTITUTION
PO BOX 162307	AUSTIN	TX	787162307	NONE	PUBLIC	GENERAL FUNDING	$10,000
MENTAL HEALTH
106 OLD HEWITT ROAD	WACO	TX	76708	NONE	PUBLIC	GENERAL FUNDING	$13,600
MOVIEGUIDE
1152 AVENIDA ACASO	CAMARILLO	CA	93012	NONE	PUBLIC	GENERAL FUNDING	$30,000
NATIONAL DAY OF
PO BOX 64226	COLORADO SPRINGS	CO	80962	NONE	PUBLIC	GENERAL FUNDING	$25,000
NATIONAL RIFLE
PO BOX 4233	LAGO VISTA	TX	78645	NONE	PUBLIC	GENERAL FUNDING	$100,000
NAVIGATORS
7756 JULYNN ROAD	COLORADO SPRINGS	CO	80920	NONE	PUBLIC	GENERAL FUNDING	$4,800
OIL OF JOY FOR
PO BOX 720769	HOUSTON	TX	772720769	NONE	PUBLIC	GENERAL FUNDING	$5,000
ONLY A SERVANT MINISTRIES
PO BOX 700156	SAN ANTONIO	TX	782700156	NONE	PUBLIC	GENERAL FUNDING	$15,600
PATRICK HENRY COLLEGE
PO BOX 1777	PURCELLVILLE	VA	20132	NONE	PUBLIC	GENERAL FUNDING	$3,000,000
PREGNANCY CARE OF SA
7211 LOUIS PASTEUR	SAN ANTONIO	TX	78230	NONE	PUBLIC	GENERAL FUNDING	$85,000
PROCLAIMING HIS WORD INC
2850 LAUREL PARK HWY	HENDERSONVILLE	NC	28739	NONE	PUBLIC	GENERAL FUNDING	$2,400
REAL LIFE MINISTRIES
17112 IVY GREEN	SAN ANTONIO	TX	78248	NONE	PUBLIC	GENERAL FUNDING	$3,600
RIPE FOR HARVEST
PO BOX 488	MONUMENT	CO	80132	NONE	PUBLIC	GENERAL FUNDING	$3,600
RIVER CITY CHRISTIAN SCHOOL
5811 BLANCO ROAD	SAN ANTONIO	TX	78217	NONE	PUBLIC	GENERAL FUNDING	$1,900
SAMARITAN AVIATION
PO BOX 493	MONTROSE	CO	81402	NONE	PUBLIC	GENERAL FUNDING	$15,000
SAN ANTONIO SYM
PO BOX 659	SAN ANTONIO	TX	78294	NONE	PUBLIC	GENERAL FUNDING	$50,000
SHELBY KENNEDY FOUNDATION
931 PRAIRIE AVE	WILMINGTON	OH	45177	NONE	PUBLIC	GENERAL FUNDING	$1,562,053
SIDE BY SIDE
1034 LA POSADA DRIVE	AUSTIN	TX	78753	NONE	PUBLIC	GENERAL FUNDING	$10,000
SLAVIC INTERNATIONAL ASSN
PO BOX 24027	FEDERAL WAY	WA	98023	NONE	PUBLIC	GENERAL FUNDING	$10,000
STUDENT NEWS DAILY
PO BOX 30354	EDMOND	OK	73003	NONE	PUBLIC	GENERAL FUNDING	$10,000
SUMMIT MINISTRIES
PO BOX 208	MANITOU SPRINGS	CO	80829	NONE	PUBLIC	GENERAL FUNDING	$10,000
TEEN PACT
19 4TH STREET NW	ATLANTA	GA	30309	NONE	PUBLIC	GENERAL FUNDING	$10,000
TEXAS HOME SCHOOL
PO BOX 6747	LUBBOCK	TX	79493	NONE	PUBLIC	GENERAL FUNDING	$10,000
TEXAS PUBLIC POLICY FOUNDATION
901 CONGRESS AVE SUITE 400	AUSTIN	TX	78702	NONE	PUBLIC	GENERAL FUNDING	$2,800,000
THE BRIDGE
4 E CLEVELAND STREET	DUE WEST	SC	29639	NONE	PUBLIC	GENERAL FUNDING	$5,000
THE JUSTICE FOUNDATION
7211 LOUIS PASTEUR DRIVE	SAN ANTONIO	TX	78230	NONE	PUBLIC	GENERAL FUNDING	$25,000
TORCH OF FREEDOM
5232 HONEYSUCKLE BR	BULVERDE	TX	78163	NONE	PUBLIC	GENERAL FUNDING	$200
VERBO CHRISTIAN MINISTRIES
PO BOX 191	KENNER	LA	700630191	NONE	PUBLIC	GENERAL FUNDING	$6,000
VISION AMERICA
PO BOX 11	LUFKIN	TX	75903	NONE	PUBLIC	GENERAL FUNDING	$10,000
VISION FORUM MINISTRIES
4720 BLANCO ROAD	SAN ANTONIO	TX	78213	NONE	PUBLIC	GENERAL FUNDING	$50,000
WAY FOR TODAY MINISTRIES
PO BOX 1958	BRANDON	MS	390431958	NONE	PUBLIC	GENERAL FUNDING	$3,600
WHETSTONE MINISTRIES
12539 LITTLE ELM ROAD	FARMINGTON	AR	72730	NONE	PUBLIC	GENERAL FUNDING	$15,000
WHEELS OF LOVE
7971 FREDERICKSBURG RD 101-308	SAN ANTONIO	TX	78230	NONE	PUBLIC	GENERAL FUNDING	$20,000
WIDE MINISTRIES
2401 VETERANS BLVD	DEL RIO	TX	78841	NONE	PUBLIC	GENERAL FUNDING	$3,300
WORLD HARVEST MISSION
PO BOX 1245	ALBERT LEA	MN	56007	NONE	PUBLIC	GENERAL FUNDING	$3,600
YWAM-GARDEN VALLEY
PO BOX 3001	LINDALE	TX	757713001	NONE	PUBLIC	GENERAL FUNDING	$14,400
YWAM-GUATEMALA
4445 EDGAR PARK AVENUE	EL PASO	TX	799042809	NONE	PUBLIC	GENERAL FUNDING	$7,200
CHRISTIAN ACADEMY OF SA
325 CASTROVILLE ROAD	SAN ANTONIO	TX	78207	NONE	PUBLIC	SCHOLARSHIP FUND	$1,347,155

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	13131108	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Business Code	525990	BusinessCode
Exclusion Code	14	ExclusionCode
Exclusion	$11,104	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Business Code	525990	BusinessCode
Exclusion Code	14	ExclusionCode
Exclusion	$1,833	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	-$12,000	ExclusionAmount

Other Revenue Described OtherRevenueDescribed (2 entries)

DescriptionDescription	Business CodeBusinessCode	Unrelated Business IncomeUnrelatedBusinessIncomeAmount	Exclusion CodeExclusionCode	ExclusionExclusionAmount
NET PTRSHIP INC-UBIT	525990	$197,434
TAX EXEMPT INTDIV			14	$44,297

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$197,434	UnrelatedBusinessIncomeAmount
Exclusion	$45,234	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	242668	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	TAX PREPARATION	Category
Amount	$1,806	Amount
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	COMBINED CORP STOCK	NameOfStock
EOY Book Value	368789	EOYBookValue
EOYFMV	434720	EOYFMV

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
State Local Securities EOY Book Val	15600000	StateLocalSecuritiesEOYBookVal
State Local Securities EOYFMV	15600000	StateLocalSecuritiesEOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Field	Value	IRS element (for citing)
Category Or Item	OTHER INVESTMENTS	CategoryOrItem
Book Value	1187286	BookValue
EOYFMV	1187286	EOYFMV

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Field	Value	IRS element (for citing)
Category Or Item	OFFICE FURNITURE AND EQUIPMENT	CategoryOrItem
Cost Or Other Basis	323	CostOrOtherBasis
Accumulated Depreciation	323	AccumulatedDepreciation
Book Value	0	BookValue
EOYFMV	0	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
BANK CHARGES	-758	0	0	0
NONDEDUCTIBLE PTSP EXPENSES	2770	0	0	0
OFFICE EXPENSE	31	0	0	0
POSTAGE	599	0	0	0
PAYROLL SERVICE FEES	667	0	0	0
TELEPHONE	861	0	0	0

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (4 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome
NET PTRSHIP INCOME-UBIT	197434	0	0
TAX EXEMPT MUNI INT REC	87463	0	0
AMORTIZATION OF BOND PREMIUM	-68307	0	0
TAX EXEMPT MUNI INT INC	25141	0	0

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FORM 990-T TAXES	$40,000	0	0	0
PAYROLL TAXES	$5,662	0	0	0
STATE 990T-TAX	$11,958	0	0	0

COVENANT FOUNDATION INC: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (10 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (63 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Other Revenue Described OtherRevenueDescribed (2 entries)

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (6 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (4 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

Comments