First Citizens Bank Charitable

Foundation · Grantmaker Mason City, IA EIN: 42-1451615

First Citizens Charitable Foundation, Inc. is a private grantmaking foundation established under the Iowa Non-Profit Corporation Act on December 27, 1995. Based in Mason City, Iowa, the foundation is organized for charitable, religious, educational, and scientific purposes, making distributions to organizations that qualify as exempt under Section 501(c)(3) of the Internal Revenue Code.

Key facts about First Citizens Bank Charitable

EIN
42-1451615
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$408,200
Grants made (2025)
75
Average grant
$5,443
Median grant
$2,500
New grantees (estimate)
53% first-time grantees (40 of 75, 2025)
Primary geography
Iowa (100% of itemized 2025 grant dollars)
How to apply
The foundation board meets twice annually to consider requests in June and December. Full details ↓

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.

Who First Citizens Bank Charitable funds

By grant dollars, the top recipient states for First Citizens Bank Charitable's 75 itemized 2025 grants were Iowa (100%). 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). 77% of grants with a stated purpose were for general or operating support.

Is First Citizens Bank Charitable open to new grantees?

53%

first-time grantees, 2025

In 2025, 40 of 75 grantees (53%) were first-time recipients. First grants averaged $5K; repeat grants $6K. How we count

Medians: $2K first-time, $5K repeat.

  • 33% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+4%). Method

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

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$408K

-9.9% YoY

Grant Count

75

-6.3% YoY

Avg Grant Size

$5K

-3.9% YoY

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

Mission & Focus Areas

The foundation supports nonprofit organizations in the northern Iowa and Minnesota counties served by First Citizens Bank. Primary areas of interest include:

  • Arts and culture
  • Education
  • Health, including medical care and mental health
  • Human services
  • Housing
  • Hunger and homelessness
  • Community improvement
  • Support for low-to-moderate income individuals

Grantmaking

Grant Range

s:** Typical awards range from $500 to $65,000, with historical grants ranging from $250 to $40,000.

Review Cycle

are June 1 and November 15. Applicants can submit applications online or by mail to the foundation office.

How to Apply

** The foundation board meets twice annually to consider requests in June and December. Application deadlines are June 1 and November 15. Applicants can submit applications online or by mail to the foundation office.

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Geographic Focus

Where this funder awards grants

The foundation restricts funding to counties served by First Citizens Bank operations:

Iowa counties: Worth, Mitchell, Howard, Hancock, Cerro Gordo, Floyd, Chickasaw, Wright, Franklin, and Butler

Minnesota counties: Kanabec, Pine, and Isanti

Grant Distribution by State

5states

Share of all 75 itemized 2025 grant dollars.

Cities

Mason CityCharles CityDes MoinesOsageNew HamptonClear LakeClarionRockwellWaterlooBelmondGarnerUrbandaleAnkenyHamptonKanawhaAltoonaOskaloosaSheffieldBrittForest City

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $1.49 million
  • Total Revenue: $483,000
  • Total Expenses: $391,000
  • Total Liabilities: $0

Grant Activity:

  • Total Giving (2024): $453,300
  • Average grant amount varies by award

The foundation has maintained tax-exempt status since May 1996 (EIN: 42-1451615).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$113K$227K$340K$453K79 grants202069 grants202169 grants202274 grants202380 grants202475 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Clear Lake Development Foundation: $60KThe Clear Lake DevelopmentFoundation$60KCedar River Recreation and Fine Arts: $25KCedar River Recreation andFine Arts$25KMason City Family YMCA: $17KMason City Family YMCA$17KFloyd County Fair Society: $15KFloyd County Fair Society$15KMitchell County Historical Society: $13KMitchell County HistoricalSociety$13KIowa Specialty Hospital - Clarion: $11KIowa Specialty Hospital -Clarion$11KCity of Osage: $11KCity of Osage$11KCommunity Kitchen of North Iowa Inc: $10KCommunity Kitchen of NorthIowa Inc$10KWorld Food Prize Foundation: $10KWorld Food Prize Foundation$10KNorth Iowa Fair Association: $10KNorth Iowa Fair Association$10K

Grant Size Distribution

367 grants across all recorded years

361<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from First Citizens Bank Charitable

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include The Clear Lake Development Foundation ($60,000), Cedar River Recreation and Fine Arts ($25,000), Mason City Family YMCA ($16,750).

RecipientPurposeAmount
THE CLEAR LAKE DEVELOPMENT FOUNDATION Clear Lake, IACLEAR LAKE AREA CHAMBER OF COMMERCE AND WELCOME CENER EXPANSION$60,000
CEDAR RIVER RECREATION AND FINE ARTS Osage, IAGENERAL SUPPORT$25,000
MASON CITY FAMILY YMCA Mason City, IAGENERAL SUPPORT$16,750
FLOYD COUNTY FAIR SOCIETY Charles City, IAGENERAL SUPPORT$15,000
MITCHELL COUNTY HISTORICAL SOCIETY Osage, IAGENERAL SUPPORT$12,500
IOWA SPECIALTY HOSPITAL - CLARION Clarion, IASPECIALTY CLINIC EXAM TABLE$11,250
CITY OF OSAGE Osage, IABURNHAM PARK RESTORATION$10,500
COMMUNITY KITCHEN OF NORTH IOWA INC Mason City, IAGENERAL SUPPORT$10,250
WORLD FOOD PRIZE FOUNDATION Des Moines, IAGENERAL SUPPORT$10,000
NORTH IOWA FAIR ASSOCIATION Mason City, IANAMING RIGHT TO THE NORTH IOWA RECREATIONAL ARENA BUILDING$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Patricia A. Tomson – Executive Director
  • O Jay Tomson – President
  • Gordon Anderson – Director
  • Amy Nelson – Board Secretary

Compensation Overview

From 2025 IRS filing

Patricia a Tomson — Executive Director: $10KPatricia a TomsonExecutive Director$10K

From 2025 IRS filing

NameTitleHoursCompensation
O Jay TomsonPresident1—
Marti T RodamakerVice President1—
Amy E NelsonSecretary1—
Brad J DummettTreasurer1—
Patricia a TomsonExecutive Director2$10,000
Joleen FlemingDirector1—
Robert KlockeDirector1—
Catherine RottinghausDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does First Citizens Bank Charitable fund?

The foundation supports nonprofit organizations in the northern Iowa and Minnesota counties served by First Citizens Bank. Primary areas of interest include: • Arts and culture • Education • Health, including medical care and mental health • Human services • Housing • Hunger and homelessness • Community improvement • Support for low-to-moderate income individuals

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

The foundation board meets twice annually to consider requests in June and December. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does First Citizens Bank Charitable make grants?

The foundation restricts funding to counties served by First Citizens Bank operations: **Iowa counties:** Worth, Mitchell, Howard, Hancock, Cerro Gordo, Floyd, Chickasaw, Wright, Franklin, and Butler **Minnesota counties:** Kanabec, Pine, and Isanti

What size grants does First Citizens Bank Charitable award?

In 2025, First Citizens Bank Charitable awarded 75 grants totaling $408K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is First Citizens Bank Charitable's EIN?

First Citizens Bank Charitable's EIN (Employer Identification Number) is 42-1451615. IRS Form 990 filing data is available on this page for 2020–2025.

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

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