Citizens First National Bank Foundation

Private foundation · Grantmaker Storm Lake, IA EIN: 42-6073539

Citizens First National Bank Foundation is a private foundation based in Storm Lake, Iowa. Its 2025 filing reports grants to organizations in Iowa, including educational and civic-purpose recipients.

Key facts about Citizens First National Bank Foundation

In short: Citizens First National Bank Foundation gave $28K across 18 grants in 2025 (avg $2K), mostly in Iowa. 11% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
42-6073539
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$28,300
Grants made (2025)
18
Average grant
$1,572
Median grant
$1,000
New grantees (estimate)
11% first-time grantees (2 of 18, 2025)
Total assets
$456,267
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation’s 2024 filing says it does not accept unsolicited requests. Full details ↓
Deadline
The 2024 filing lists November 1 annually.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$456K

+9.6% YoY

Annual Giving

$28K

+19.9% YoY

Grant Count

18

+12.5% YoY

Avg Grant Size

$2K

+6.6% YoY

Under IRS private-foundation payout rules, Citizens First National Bank Foundation reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.

Is Citizens First National Bank Foundation open to new grantees?

11%

first-time grantees, 2025

In 2025, 2 of 18 grantees (11%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count

Medians: $1K first-time, $1K repeat.

  • 83% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−3%). Method
  • In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 filing says distributions are limited to religious, educational, and charitable organizations in the Storm Lake and Early, Iowa areas. Its 2025 grants included recipients identified as educational, civic, and religious.

Upper Des Moines Opportunity Inc., which received $1,000 in 2025, describes its own mission as helping build stronger communities by addressing the effects of poverty on individuals and families.

Grantmaking

In 2025, the foundation reported 18 grants totaling $28,300. Grant amounts ranged from $50 to $10,000, with a median of $1,000.

Review Cycle

The 2024 filing lists November 1 annually. The November 1, 2025 deadline has passed.

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Geographic Focus

Where this funder awards grants

The 2024 filing limits distributions to organizations in the Storm Lake and Early, Iowa areas. All grant dollars reported for 2025 went to Iowa recipients.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 18 itemized grants.

States

Cities

Storm LakeEarlySpencerSioux Rapids

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K19 grants2020 18 grants2021 17 grants2022 16 grants2023 16 grants2024 18 grants2025

From 2020 to 2025, annual grant giving ranged from $23K (2021) to $29K (2022). In 2025 it made 18 grants totaling $28K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Storm Lake Comm School: $10KStorm Lake Comm School$10KStorm Lake Police Dept: $2KStorm Lake Police Dept$2KHeartland Counseling Services: $2KHeartland Counseling Services$2KBuena Vista Co Sheriff's Office: $2KBuena Vista Co Sheriff'sOffice$2KFriends of Storm Lake Public Library: $2KFriends of Storm Lake PublicLibrary$2KCouncil Against Abuse & Sexual Assault: $2KCouncil Against Abuse & SexualAssault$2KPlains Area Mental Health: $2KPlains Area Mental Health$2KStorm Lake Public Library: $2KStorm Lake Public Library$2KBuena Vista Co Healthcare Foundation: $1KBuena Vista Co HealthcareFoundation$1KSt Mary's Catholic School: $1KSt Mary's Catholic School$1K

The largest 2025 recipient was Storm Lake Comm School ($10K). Together the top 10 received $24K.

Grant Size Distribution

85 grants across all recorded years

85<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 85 grants of 85 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Storm Lake Comm School Storm Lake, IAeducational$10,000
Storm Lake Police Dept Storm Lake, IAcivic$2,200
Heartland Counseling Services Storm Lake, IAcivic$2,000
Buena Vista Co Sheriff's Office Storm Lake, IAcivic$1,900
Friends of Storm Lake Public Library Storm Lake, IAeducational$1,500
Council Against Abuse & Sexual Assault Spencer, IAcivic$1,500
Plains Area Mental Health Storm Lake, IAcivic$1,500
Storm Lake Public Library Storm Lake, IAeducational$1,500
Buena Vista Co Healthcare Foundation Storm Lake, IAcivic$1,000
St Mary's Catholic School Storm Lake, IAreligious$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $456,267 $38,979 $33,956 $28,300 18
2024 $416,339 $27,721 $28,402 $23,600 16
2023 $405,649 $17,903 $27,321 $23,700 16
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$456,267$416,339$405,649
Revenue$38,979$27,721$17,903
Expenses$33,956$28,402$27,321
Qualifying Distributions$28,300$23,600$23,700
Net Investment Income$63,225$34,292$14,282
Distributable Amount$25,626$24,614$22,483

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 19, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 8, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Contact

Application contact: Citizens First National Bank
Mailing address: PO Box 1227, Storm Lake, IA 50588
Phone: (712) 732-5440

Frequently asked questions about Citizens First National Bank Foundation

How much does Citizens First National Bank Foundation give each year?

Citizens First National Bank Foundation gave $28K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 16 grants.

What is Citizens First National Bank Foundation's typical grant size?

Citizens First National Bank Foundation's median grant in 2025 was $1,000, and its average grant was $1,572, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Citizens First National Bank Foundation that year got $1K on average.

Where does Citizens First National Bank Foundation give grants?

Citizens First National Bank Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Storm Lake, IA (15 grants) and Early, IA (2 grants).

Does Citizens First National Bank Foundation give general operating support?

Not in 2025: none of the 18 grants with a stated purpose on Citizens First National Bank Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Civic" (11 grants) and "Educational" (4 grants).

Who are Citizens First National Bank Foundation's largest grantees?

Citizens First National Bank Foundation's largest 2025 grantees include Storm Lake Comm School ($10,000), Storm Lake Police Dept ($2,200) and Heartland Counseling Services ($2,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.

How large is Citizens First National Bank Foundation?

Citizens First National Bank Foundation reported $456K in total assets on its 2025 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).

What does Citizens First National Bank Foundation fund?

No mission statement for the foundation is provided. Its 2024 filing says distributions are limited to religious, educational, and charitable organizations in the Storm Lake and Early, Iowa areas. Its 2025 grants included recipients identified as educational, civic, and religious. See mission & focus areas ↑

How do I apply for a grant from Citizens First National Bank Foundation?

The foundation’s 2024 filing says it does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Citizens First National Bank Foundation's EIN?

Citizens First National Bank Foundation's EIN (Employer Identification Number) is 42-6073539. IRS Form 990 filing data is available on this page for 2020–2025.

Does Citizens First National Bank Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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