Don Franz Broadcast Journalism

Private foundation · Grantmaker Sioux Center, IA EIN: 20-6727005

Don Franz Broadcast Journalism is a private foundation based in Sioux Center, Iowa. Its 2025 filing reports scholarships for journalism candidates, including awards designated for broadcast journalism.

Don Franz Broadcast Journalism at a glance

In short: Don Franz Broadcast Journalism gave $30K across 16 grants in 2025 (avg $2K), top state Iowa. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$30,400
-7.4% vs 2024
Grants made (2025)
16
+60.0% vs 2024
Average grant
$1,900
-42.1% vs 2024
Median grant
$1,900
Total assets
$568,761
+5.7% vs 2024
Primary geography
Iowa (38% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Don Franz Broadcast Journalism

How to Apply

Contact Luke Kaemingk; the filing directs applicants to contact ProFinum Inc. for an application copy. Awards are restricted to journalism candidates.

Review Cycle
Submission deadlines correspond with the school year ending.
Deadline
Submission deadlines correspond with the school year ending.
Contact

Application contact: Luke Kaemingk
Mailing address: PO Box 135, 1701 S Main Ave, Sioux Center, IA 51250
Phone: (712) 722-0100
Email: lukek@peoples-ebank.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Don Franz Broadcast Journalism funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Micah Johnson: $2KMicah Johnson$2KLexie Yokiel: $2KLexie Yokiel$2KQuentin Guanella: $2KQuentin Guanella$2KKaiden Jenson: $2KKaiden Jenson$2KJaydin Loya: $2KJaydin Loya$2KKayla Halvorsen: $2KKayla Halvorsen$2KLandon Mattson: $2KLandon Mattson$2KElla Clevenger: $2KElla Clevenger$2KAshley Newman: $2KAshley Newman$2KMadison Hendrickson: $2KMadison Hendrickson$2K

The largest 2025 recipient was Micah Johnson ($2K). Together the top 10 received $19K.

Organizations only. It also paid 3 individual scholarships ($5,700), which are not listed by name.

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 37 (100%).

Geographic Focus

Where this funder awards grants

The 2025 grant dollars were distributed among recipients in Iowa (38%), Wisconsin (25%), Minnesota (25%), North Dakota (6%), and South Dakota (6%).

Grant Distribution by State

5states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

River FallsDubuqueWinonaAmesAustinBrookingsCedar FallsDakota DunesIndianolaWaverlyFargoGrand ForksLacrosseMadisonMankatoMinneapolis

How Don Franz Broadcast Journalism gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K5 grants2020 5 grants2021 3 grants2022 3 grants2023 10 grants2024 16 grants2025

From 2020 to 2025, annual grant giving ranged from $26K (2020) to $33K (2024). In 2025 it made 16 grants totaling $30K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
3 individual scholarships Recipients not named —$5,700
Micah Johnson Ames, IAScholorship$1,900
Lexie Yokiel Winona, MNScholorship$1,900
Quentin Guanella Dubuque, IAScholorship$1,900
Kaiden Jenson Waverly, IAScholorship$1,900
Jaydin Loya River Falls, WIScholorship$1,900
Kayla Halvorsen River Falls, WIScholorship$1,900
Landon Mattson River Falls, WIScholorship$1,900
Ella Clevenger Austin, MNScholorship$1,900
Ashley Newman Dubuque, IAScholorship$1,900
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$568,761$66,717$36,234$30,40016$30,400$66,316$25,844
2024$538,278$64,539$40,881$32,84010$32,840$50,578$25,807
2023$514,620$39,774$35,787$28,8843$29,954$33,941$30,630
2022$510,633$28,593$39,730$30,2523$31,242$17,842$29,873
2021$522,409$51,668$35,465$29,3555$30,210$45,548$31,556
2020$506,206$5,945$32,527$26,1255—$13,322$29,763

Under IRS private-foundation payout rules, Don Franz Broadcast Journalism reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement is provided. The 2025 grants listed are scholarships, including awards with purposes described as “broadcast journalism scholarship” and “scholarship.”

Grantmaking

In filing year 2025, the foundation gave 16 grants totaling $30,400. Each grant was $1,900. The listed grants went to individual recipients in Iowa, Wisconsin, Minnesota, North Dakota, and South Dakota.

The filing states that the foundation does not restrict giving to preselected organizations. It directs applicants to contact Luke Kaemingk and to contact ProFinum Inc. for a copy of the application. The stated award restriction is “journalism candidate.”

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Peoples Bank – Luke Kaemingk as trustee.

Don Franz Broadcast Journalism's only listed officer is Peoples Bank - Luke Kaemingk, Trustee on the 2025 filing (uncompensated).

Officers on the 2025 filing

  • Peoples Bank - Luke Kaemingk

    Trustee

    New on the 2025 filing

    No compensation reported

Former officers (2)
  • Former: Profinium INC - Stephen Roesner (2022–2024) — Trustee
  • Former: Profinium INC - Wade H Abed II (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Don Franz Broadcast Journalism

How much does Don Franz Broadcast Journalism give each year?

Don Franz Broadcast Journalism gave $30K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 10 grants.

What is Don Franz Broadcast Journalism's typical grant size?

Don Franz Broadcast Journalism's median grant in 2025 was $1,900, and its average grant was $1,900, across 16 grants on its 2025 IRS Form 990-PF.

Where does Don Franz Broadcast Journalism give grants?

Don Franz Broadcast Journalism's top state is Iowa, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Wisconsin (25%) and Minnesota (25%). The most frequent recipient cities were River Falls, WI (3 grants), Winona, MN (2 grants) and Dubuque, IA (2 grants).

Does Don Franz Broadcast Journalism give general operating support?

Not in 2025: none of the 16 grants with a stated purpose on Don Franz Broadcast Journalism's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholorship" (13 grants).

Who are Don Franz Broadcast Journalism's largest grantees?

Don Franz Broadcast Journalism's largest 2025 grantees include Micah Johnson ($1,900), Lexie Yokiel ($1,900) and Quentin Guanella ($1,900), according to its 2025 IRS Form 990-PF. It also paid 3 individual scholarships ($5,700), which are not listed by name. Together they received 19% of its itemized 2025 grant dollars.

How large is Don Franz Broadcast Journalism?

Don Franz Broadcast Journalism reported $569K in total assets on its 2025 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).

What does Don Franz Broadcast Journalism fund?

No mission statement is provided. The 2025 grants listed are scholarships, including awards with purposes described as “broadcast journalism scholarship” and “scholarship.” See mission & focus areas ↑

How do I apply for a grant from Don Franz Broadcast Journalism?

Contact Luke Kaemingk; the filing directs applicants to contact ProFinum Inc. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Don Franz Broadcast Journalism's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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