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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Sovereign Equity Fund

Sovereign Equity Fund

Fiscal year ending 2024. Filed on November 17, 2025.

120 West Thayer
PO Box 398
Bismark, North Dakota 58501

Sovereign Equity Fund (EIN: 92-2247773) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Sovereign Equity Fund, a 501(c)(3) charitable organization, reported compensation for 2 out of 2 total employees. Among the employees shown here, the average compensation is $100,000. The highest compensated employee at Sovereign Equity Fund is Courtney Chavis with fiscal year 2024 compensation of $100,000.

Revenue, expenses, and employee compensation

Revenue

$1,623,093

Expenses

$2,180,936

Employee compensation

$159,310
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Courtney Chavis
Executive Director
$100,000
$100,000 No related compNo other comp
Christy Walker
Controller
$0

Benchmark Employee Compensation

Non-Employee Board Members

Joann Kauffman
Secretary
$2,000
$2,000 No related compNo other comp
Richard Luarkie
Treasurer
$2,000
$2,000 No related compNo other comp
Justin Wilson
President
$2,000
$2,000 No related compNo other comp

Mission Statement

Sovereign Equity Fund (SEF) provides grants to eligible entities to provide assistance and services to improve the social, environmental, health, and economic development opportunities of American Indians, Alaska Natives, and Native Hawaiians. The goal is to advance Native food security to strengthen Tribal sovereignty through advancements in agricultural infrastructure by utilizing transformative mission investment strategies.

Revisions to this organization profile

November 17, 2025:
2024 Sovereign Equity Fund 990 filed
October 13, 2024:
2023 Sovereign Equity Fund 990 filed

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