Don Franz Broadcast Journalism

FAIRMONT, MN EIN: 20-6727005

Don Franz Broadcast Journalism is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRMONT, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $538K in total assets. In 2024, it awarded 10 grants totaling $33K. Net investment income was $51K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$538K

+4.6% YoY

Annual Giving

$33K

+13.7% YoY

Grant Count

10

+233.3% YoY

Avg Grant Size

$3K

-65.9% YoY

Under IRS private-foundation payout rules, Don Franz Broadcast Journalism reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Don Franz Broadcast Journalism

Based on IRS filings

Don Franz Broadcast Journalism is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRMONT, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $538K in total assets. In 2024, it awarded 10 grants totaling $33K. Net investment income was $51K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BrookingsDakota DunesFargoLacrosseMadisonMankatoMinneapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$35K$53K$71K20202021202220232024
Metric202420232022
Total Assets$538,278$514,620$510,633
Revenue$64,539$39,774$28,593
Expenses$40,881$35,787$39,730
Qualifying Distributions$32,840$29,954$31,242
Net Investment Income$50,578$33,941$17,842
Distributable Amount$25,807$30,630$29,873

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$25K$33K5 grants20205 grants20213 grants20223 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

XANDER T STEJSKAL$3KEMELIA L JACOBS$3KSAMANTHA ARMSTRONG$3KSAMANTHA ARMSTRONG$3KALYSSA KUETHE$3KELLEN MERKOURIS$3KMADDOX CHRISTENSEN$3KTYLER ERICKSON$3KAVERY WEMPNER$3KCEARRA GRUNZKE$3K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Xander T Stejskal ($3,284), Emelia L Jacobs ($3,284), Samantha Armstrong ($3,284).

RecipientPurposeAmount
XANDER T STEJSKAL LACROSSE, WIBROADCAST JOURNALISM SCHOLARSHIP$3,284
EMELIA L JACOBS FARGO, NDBROADCAST JOURNALISM SCHOLARSHIP$3,284
SAMANTHA ARMSTRONG MANKATO, MNBROADCAST JOURNALISM SCHOLARSHIP$3,284
SAMANTHA ARMSTRONG MANKATO, MNBROADCAST JOURNALISM SCHOLARSHIP$3,284
ALYSSA KUETHE BROOKINGS, SDSCHOLARSHIP$3,284
ELLEN MERKOURIS FARGO, NDSCHOLARSHIP$3,284
MADDOX CHRISTENSEN FARGO, NDSCHOLARSHIP$3,284
TYLER ERICKSON FARGO, NDSCHOLARSHIP$3,284
AVERY WEMPNER MADISON, WISCHOLARSHIP$3,284
CEARRA GRUNZKE MADISON, WISCHOLARSHIP$3,284

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PROFINIUM INC - STEPHEN ROESNERTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Don Franz Broadcast Journalism?

Don Franz Broadcast Journalism is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRMONT, MN. It holds $538K in total assets as of 2024.

How large is Don Franz Broadcast Journalism?

As of 2024, Don Franz Broadcast Journalism holds $538K in total assets with $65K in annual revenue. It awarded 10 grants totaling $33K in 2024.

Where does Don Franz Broadcast Journalism operate?

Don Franz Broadcast Journalism has awarded grants in Minnesota, North Dakota, South Dakota, Wisconsin.

What size grants does Don Franz Broadcast Journalism award?

In 2024, Don Franz Broadcast Journalism awarded 10 grants totaling $33K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Don Franz Broadcast Journalism required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Don Franz Broadcast Journalism reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Don Franz Broadcast Journalism's EIN?

Don Franz Broadcast Journalism's EIN (Employer Identification Number) is 20-6727005. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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