First Citizens Bank Charitable Foundation
FIRST CITIZENS BANK CHARITABLE is a private foundation based in Mason City, Iowa. Its 2025 filing reports grants to organizations in Iowa, and its First Citizens Charitable Foundation Grant program describes support for eligible organizations in Iowa and Minnesota.
First Citizens Bank Charitable Foundation at a glance
In short: First Citizens Bank Charitable Foundation gave $408K across 75 grants in 2025 (avg $5K), mostly in Iowa. 49% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $408,200
- -9.9% vs 2024
- Grants made (2025)
- 75
- -6.3% vs 2024
- Average grant
- $5,443
- -3.9% vs 2024
- Median grant
- $2,500
- Total assets
- $1,222,584
- -5.8% vs 2024
- New grantees (estimate)
- 49% first-time grantees (37 of 75, 2025)
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to First Citizens Bank Charitable Foundation
- How to Apply
-
The foundation’s filing says it does not restrict giving to preselected organizations. Applicants should provide a budget, a 501(c)(3) IRS determination letter, and their name and contact information. Annual criteria are reviewed during the application process.
- Review Cycle
- Applications are reviewed June 1 and November 15.
- Deadline
- Applications are reviewed June 1 and November 15.
- Contact
Application contact: O Jay Tomson Patricia A Tomson
Mailing address: 2601 Fourth Street Sw, Mason City, IA 50401
Phone: (641) 422-1600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from First Citizens Bank Charitable Foundation
Who First Citizens Bank Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Clear Lake Development Foundation ($60K). Together the top 10 received $181K.
Grant Size Distribution
367 grants across all recorded years
The most common grant size was under $50K: 361 grants of 367 (98%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Iowa. The foundation’s grant program describes its eligible area as counties served by First Citizens Bank in Iowa and Minnesota.
Grant Distribution by State
Share of 2025 grant dollars across all 75 itemized grants.
Cities
Is First Citizens Bank Charitable Foundation open to new grantees?
49%
first-time grantees, 2025
In 2025, 37 of 75 grantees (49%) were first-time recipients. First grants averaged $4K; repeat grants $7K. How we count
Medians: $2K first-time, $5K repeat.
- 43% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 435% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $375K (2020) to $453K (2024). In 2025 it made 75 grants totaling $408K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Clear Lake Development Foundation Clear Lake, IA | Clear lake area chamber of commerce and welcome cener expansion | $60,000 |
| Cedar River Recreation and Fine Arts Osage, IA | General Support | $25,000 |
| Mason City Family YMCA Mason City, IA | General Support | $16,750 |
| Floyd County Fair Society Charles City, IA | General Support | $15,000 |
| Mitchell County Historical Society Osage, IA | General Support | $12,500 |
| Iowa Specialty Hospital - Clarion Clarion, IA | Specialty Clinic Exam Table | $11,250 |
| City of Osage Osage, IA | Burnham Park Restoration | $10,500 |
| Community Kitchen of North Iowa Inc Mason City, IA | General Support | $10,250 |
| World Food Prize Foundation Des Moines, IA | General Support | $10,000 |
| North Iowa Fair Association Mason City, IA | Naming right to the North Iowa recreational arena building | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,222,584 | $593,926 | $426,681 | $408,200 | 75 | $409,317 | $306,262 | $94,188 |
| 2024 | $1,297,731 | $282,586 | $474,354 | $453,300 | 80 | $458,820 | $267,092 | $84,584 |
| 2023 | $1,489,138 | $482,717 | $390,887 | $376,050 | 74 | $381,570 | $222,233 | $70,854 |
| 2022 | $1,211,549 | $332,177 | $407,812 | $391,400 | 69 | $396,880 | $22,893 | $68,447 |
| 2021 | $1,275,466 | $336,819 | $456,898 | $440,450 | 69 | $445,450 | $92,102 | $76,516 |
| 2020 | $1,329,379 | $341,590 | $392,202 | $374,905 | 79 | — | $54,957 | — |
Under IRS private-foundation payout rules, First Citizens Bank Charitable Foundation reported a distributable amount of $94K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation is organized for charitable, religious, educational, and scientific purposes, including distributions to organizations qualifying as exempt under Section 501(c)(3) of the Internal Revenue Code.
Grantees’ stated missions illustrate the range of organizations it has supported. The Floyd County Fair Society says it holds an annual fair to further agricultural interests and encourage improvements in agricultural products and related fields. Stebens Children’s Theatre says it educates young people in theatre arts and provides family entertainment. One Vision says it supports individual choice through services intended to promote purpose and independence. Elderbridge Agency on Aging describes services including meals, transportation, case management, and help maintaining independent living.
Grantmaking
In 2025, the foundation awarded 75 grants totaling $408,200. Grant amounts ranged from $1,000 to $60,000, with a median award of $2,500.
Among its largest 2025 grants were $60,000 to The Clear Lake Development Foundation for the Clear Lake Area Chamber of Commerce and Welcome Center expansion; $25,000 to Cedar River Recreation and Fine Arts for general support; and $16,750 to Mason City Family YMCA for general support. Other awards included $15,000 to Floyd County Fair Society for general support, $12,500 to Mitchell County Historical Society for general support, and $11,250 to Iowa Specialty Hospital – Clarion for a specialty clinic exam table.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists O Jay Tomson as president, Marti T Rodamaker as vice president, Amy E Nelson as secretary, Brad J Dummett as treasurer, and Patricia A Tomson as executive director. It also lists Joleen Fleming, Robert Klocke, and Catherine Rottinghaus as directors.
First Citizens Bank Charitable Foundation is led by Patricia A. Tomson, Executive Director on every filing since 2020; 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Patricia A. Tomson
Executive Director
On filings since 2020
2 hrs/week
$10K (2020) → $10K (2025)
O. Jay Tomson
President
On filings since 2020
1 hr/week
No compensation reported
Catherine Rottinghaus
Director
On filings since 2020
1 hr/week
No compensation reported
Joleen Fleming
Director
On filings since 2023
1 hr/week
No compensation reported
Robert Klocke
Director
On filings since 2023
1 hr/week
No compensation reported
Marti T. Rodamaker
Vice President
On filings since 2020
1 hr/week
No compensation reported
Amy E. Nelson
Secretary
On filings since 2021
1 hr/week
No compensation reported
Brad J. Dummett
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (4)
- Former: Gordon Anderson (2020–2022) — Director
- Former: James Anderson (2020–2022) — Treasurer
- Former: Mary Nordenstrom (2020–2022) — Director
- Former: Elaine Aberg (2020) — Secretary
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $10K, to Patricia a Tomson (Executive Director).
Frequently asked questions about First Citizens Bank Charitable Foundation
How much does First Citizens Bank Charitable Foundation give each year?
First Citizens Bank Charitable Foundation gave $408K across 75 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $453K across 80 grants.
What is First Citizens Bank Charitable Foundation's typical grant size?
First Citizens Bank Charitable Foundation's median grant in 2025 was $2,500, and its average grant was $5,443, across 75 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from First Citizens Bank Charitable Foundation that year got $4K on average.
Where does First Citizens Bank Charitable Foundation give grants?
First Citizens Bank Charitable 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 Mason City, IA (35 grants), Charles City, IA (6 grants), Osage, IA (5 grants) and Clear Lake, IA (4 grants).
Does First Citizens Bank Charitable Foundation give general operating support?
Yes: 77% of First Citizens Bank Charitable Foundation's 2025 grants with a stated purpose (58 of 75) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are First Citizens Bank Charitable Foundation's largest grantees?
First Citizens Bank Charitable Foundation's largest 2025 grantees include The Clear Lake Development Foundation ($60,000), Cedar River Recreation and Fine Arts ($25,000) and Mason City Family YMCA ($16,750), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is First Citizens Bank Charitable Foundation?
First Citizens Bank Charitable Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $409K in qualifying distributions that year, against a required minimum of $94K (roughly 5% of its investment assets).
What does First Citizens Bank Charitable Foundation fund?
The foundation is organized for charitable, religious, educational, and scientific purposes, including distributions to organizations qualifying as exempt under Section 501(c)(3) of the Internal Revenue Code. See mission & focus areas ↑
How do I apply for a grant from First Citizens Bank Charitable Foundation?
The foundation’s filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is First Citizens Bank Charitable Foundation's EIN?
First Citizens Bank Charitable Foundation's EIN (Employer Identification Number) is 42-1451615. 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 September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work First Citizens Bank Charitable Foundation funds
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Cite this profile
Grantable. (2026). First Citizens Bank Charitable Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/first-citizens-bank-charitable-foundation-morg_df1aae2f3ebd46a8b0ccf529deed993a
BibTeX
@misc{grantable_421451615_2026,
author = {{Grantable}},
title = {{First Citizens Bank Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/first-citizens-bank-charitable-foundation-morg_df1aae2f3ebd46a8b0ccf529deed993a},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from First Citizens Bank Charitable Foundation'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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