To advance Native food security to strengthen Tribal sovereignty through advancements in agricultural infrastructure by utilizing transformative mission investment strategies.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
-17.2% YoY
Annual Giving
$680K
-53.7% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$97K
-47.1% YoY
About Sovereign Equity Fund
Based on IRS filings
Sovereign Equity Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BISMARK, ND. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 7 grants totaling $680K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $5,076,081 | $6,130,540 |
| Revenue | $1,623,093 | $3,368,170 |
| Expenses | $2,180,936 | $1,506,056 |
| Qualifying Distributions | — | — |
| Net Investment Income | — | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fort Peck Community College ($100,000), Iisavik College ($100,000), Lac Courte Oreilles Ojibwe University ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Fort Peck Community College Poplar, MT | Food Sovereignty / Cultural Foodways Initiative | $100,000 |
| Iisavik College Utqiavik Barrow, AL | Food Sovereignty / Cultural Foodways Initiative | $100,000 |
| Lac Courte Oreilles Ojibwe University Hayward, WI | Food Sovereignty / Cultural Foodways Initiative | $100,000 |
| Nebraska Indian Community College (NICC) Macy, NE | Food Sovereignty / Cultural Foodways Initiative | $100,000 |
| Nueta Hidatsa Sahnish College (NHS College) New Town, ND | Food Sovereignty / Cultural Foodways Initiative | $100,000 |
| Nebraska Indian Community College (NICC) Macy, NE | USDA NIFA Subgrantee | $90,000 |
| University of Alaska Fairbanks (UAF) Fairbanks, AK | USDA NIFA Subgrantee | $90,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JoAnn Kauffman | Secretary | 2 | $2,000 |
| Justin Wilson | President | 2 | $2,000 |
| Richard Luarkie | Treasurer | 2 | $2,000 |
| Christy Walker | Controller | 10 | — |
| Courtney Chavis | Executive Director | 40 | $100,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sovereign Equity Fund?
Sovereign Equity Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BISMARK, ND. It holds $5.1M in total assets as of 2024.
How large is Sovereign Equity Fund?
As of 2024, Sovereign Equity Fund holds $5.1M in total assets with $1.6M in annual revenue. It awarded 7 grants totaling $680K in 2024.
Where does Sovereign Equity Fund operate?
Sovereign Equity Fund has awarded grants in Alaska, Alabama, Minnesota, Montana, North Dakota, Nebraska, South Dakota, Wisconsin.
What size grants does Sovereign Equity Fund award?
In 2024, Sovereign Equity Fund awarded 7 grants totaling $680K — an average of about $97K per grant, based on its IRS Form 990 filings.
What is Sovereign Equity Fund's EIN?
Sovereign Equity Fund's EIN (Employer Identification Number) is 92-2247773. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Sovereign Equity Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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