NonprofitsSovereign Equity Fund

Philanthropy, Voluntarism & Grantmaking Foundations

Sovereign Equity Fund

BISMARK, ND

Total revenue

$1.6M

Total expenses

$2.2M

Net assets

$1.3M

Grants received

$1.1M

1 grants

EIN

922247773

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants$1.6M
Program service revenue
Investment income
Other revenue
Total revenue$1.6M

Expenses

Grants paid$1.9M
Salaries & benefits$159K
Fundraising
Other expenses$80K
Total expenses$2.2M
Total assets$5.1M
Net assets$1.3M

People

5 listed

NameRoleCompensation

Courtney Chavis

Executive Director

Board

$100K

40 hrs/wk

JoAnn Kauffman

Secretary

Board

$2K

2 hrs/wk

Justin Wilson

President

Board

$2K

2 hrs/wk

Richard Luarkie

Treasurer

Board

$2K

2 hrs/wk

Christy Walker

Controller

Board

10 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$1.1M
TO SUPPORT BRIDGING NATIVE COMMUNITY KNOWLEDGE ABOUT INDIGENOUS FOODWAYS WITH CURRICULAR AND EXTRACURRICULAR EFFORTS TO BUILD HUMANITIES AND NATIVE AMERICAN AND INDIGENOUS STUDIES LEARNING OPPORTUNITIES AT TRIBAL COLLEGES AND UNIVERSITIES
2024

Funded by

$1.1M from 1 funder · 1 grant · 2024

The Andrew W Mellon Foundation

$1.1M · 1 grant · 2024

Details

EIN922247773
NTEE codeT12
Subsection03
Ruling date2023-09
Formed2024
Employees2
Volunteers0
SOVEREIGN EQUITY FUND — Mission, Financials & Grants Received | Grantivo