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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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BISMARCK, ND
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Grants
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Total Given
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Total Given
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Fishes and Loaves From Jesus Christ Inc
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Assets
—
Grants
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Total Given
$17K
West River Health Services
HETTINGER, ND
Assets
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Grants
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Total Given
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The Devils Lake Area Foundation
DEVILS LAKE, ND
Assets
$11.3M
Grants
11
Total Given
$158K
Matthew 25 Project Minot
MINOT, ND
Assets
$41K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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