The Soderquist Family Foundation is a private family foundation established in 2001 in Arkansas by Don Soderquist, the former Chief Operating Officer and Senior Vice Chairman of Walmart Stores, Inc. The foundation is now based in Oak Park, Illinois, and operates as a private family foundation that makes contributions exclusively to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.8M
-8.1% YoY
Annual Giving
$1.1M
-18.6% YoY
Grant Count
34
+9.7% YoY
Avg Grant Size
$33K
-25.8% YoY
Mission & Focus Areas
The foundation focuses on Christian organizations and churches, education, children and youth services, and social services. Primary funding areas include special education, scouting organizations, youth development, and leadership grants.
Grantmaking
Grant Range
** $2,000–$479,500, with a median grant amount of $10,000
Grant Types
How to Apply
** The foundation does not have a public application process and does not accept unsolicited funding requests. All grants are made to preselected organizations only.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Illinois, Texas, and Arkansas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: Approximately $10.8–$12 million
- Annual Giving: $1.1–$1.4 million
- Tax-Exempt Status: Since November 2001
- EIN: 73-1621266
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,833,968 | $11,794,673 | $13,053,827 |
| Revenue | $317,580 | $306,753 | $764,033 |
| Expenses | $1,278,285 | $1,564,779 | $1,309,087 |
| Qualifying Distributions | $1,135,133 | $1,377,500 | $1,074,000 |
| Net Investment Income | $230,721 | $289,049 | $517,644 |
| Distributable Amount | $424,470 | $606,830 | $662,079 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
163 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mark Soderquist – Director, President, and Treasurer
- Jennifer King Soderquist – Director, Vice President, and Secretary
- Dane Soderquist – Director
- Anders Soderquist – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK SODERQUIST | DIRECTOR/PRESIDENT/TREASURER | 10 | $65,000 |
| JENNIFER KING SODERQUIST | DIRECTOR/VICE PRESIDENT/SECRETARY | 2 | — |
| DANE SODERQUIST | DIRECTOR | 1 | — |
| ANDERS SODERQUIST | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported organizations including Single Parent building capital campaign, Building Our Families, Ability Tree (which received a $500,000 donation), and the University of Washington Honors Program through equity scholarships.
Soderquist family supports Single Parent building capital campaign - TalkContact Information
Mailing Address: PO Box 3215, Oak Park, IL 60303-3215
Phone: (773) 230-1788
Contact Person: Mark Soderquist, President
Note: The foundation does not maintain a public website.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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