Covenant Associates LTD.
Private foundation · Northampton, New Brunswick · BN 883272122RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($837,031) as filed with the CRA.
Covenant Associates LTD. is a private foundation based in Northampton, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $773K in revenue and $837K in expenditures.
Its funding that year was roughly 94% from donations. In 2024, 1 other registered charity reported granting it a combined $385.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers.
As a grantmaker, it reported gifts to 32 qualified donees totalling $198K in 2024, the largest being $26K to Village of Hope Inc.. Its filed list of directors and trustees shows 6 names.
In its own words
A) gifts to registered canadian charities: funds received were donated to other registered charitable organizations in canada and internationally and b) charitable works with the valley cathedral and friendship children's homes inc. Friendship baptist ministries inc. In the philippines c) charitable works with a.l.e.r.t. (air land emergency resource team) in texas usa which is a 501(c)(3) tax-exempt non-profit charitable organization to support young men with personal and spiritual development.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $773K | $837K | $621K | — | $210K | $636K |
| 2023 | $776K | $843K | $577K | — | $260K | $700K |
| 2022 | $419K | $883K | $7,455 | — | $259K | $766K |
| 2021 | $1.1M | $1.2M | $550K | — | $693K | $1.2M |
| 2020 | $842K | $1.2M | $529K | — | $683K | $1.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $198K to 32 qualified donees — largest 25 shown:
- Village of Hope Inc.$26K
- Intercede International$22K
- The Samaritan's Purse - Canada$22K
- Oksana's Harvest Limited$20K
- Open Doors Canada$18K
- Hope Leadership Ministries Ltd.$18K
- The Bible League of Canada$15K
- Children of the Promise Canada$7,800
- Northwind Family Ministries$6,720
- Naomi & Ruth Women's Wellness Centre Inc.$5,540
- Shekinah Glory Outreach Inc.$5,000
- Prison Fellowship of Canada$3,900
- Keep Our Homes Safe Inc$3,060
- Harvest House Woodstock Inc.$2,680
- Harvest House Atlantic Inc.$2,500
- Every Home for Christ International/canada$2,340
- The Voice of the Martyrs Inc.$2,256
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$2,100
- The United Baptist Church at Penobsquis$2,000
- Canadian Bible Society/la Societe Biblique Canadienne$1,860
- Fredericton Community Kitchens Inc.$1,820
- Focus on the Family (canada) Association$1,800
- Hope and Healing International$1,560
- Adventive Cross Cultural Initiatives$1,440
- Partners International Canada$1,080
Received $385 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Sarah Eversfield (director president); Timothy Jacob (director vice president); Elisabeth Keeler (secretary); John Darrow (director); Matthew Weir (director); Karen Jacob (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Covenant Associates LTD.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 883272122RR0001), or read how we compute the receipt.