Premier Communications Foundation

SIOUX CENTER, IA EIN: 42-1358494

Premier Communications Foundation is a corporate foundation established in 1990 by Mutual Telephone Company, based in Sioux Center, Iowa. The foundation is designated as a 501(c)(3) organization and operates as a company-sponsored foundation. It is a small, locally-focused grantmaker with no separate foundation website; the parent company serves as its official web presence.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$371K

+0.5% YoY

Grant Count

30

-55.9% YoY

Avg Grant Size

$12K

+127.9% YoY

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

Mission & Focus Areas

The foundation supports organizations involved with:

  • Education
  • Health
  • Human services
  • Community development
  • Fire departments
  • Libraries
  • Youth development

The foundation generates its funds primarily from interest and dividends earned on investments and proceeds from investment sales, which are then disbursed for charitable purposes in accordance with board governance.

Grantmaking

The foundation has maintained an endowed scholarship program since 1992–93, awarding $1,500 renewable scholarships annually to six freshmen (three each) at Dordt University and Northwestern College from the Sioux Center phone exchange area. As of the most recent reporting, 12 scholarship recipients were enrolled at both institutions combined, representing the 25th class of students to receive these awards.

Grant Range

$1,000–$72,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's giving is heavily concentrated in northwest Iowa, with 97% of 2024 dollars directed to Iowa organizations. Primary service areas include Sioux Center, Orange City, and Le Mars. The foundation shows a strong preference for community-serving Iowa nonprofits with established local presence and ties to the region.

Grant Distribution by State

2states

Cities

AKRONBOYDENDICKENSDOONGEORGEGRANVILLEHAWARDENHINTONHOSPERSHULLINWOODIRETONLE MARSLITTLE ROCKLOCALMAURICEMERRILLORANGE CITYPO BOX ROCK RAPIDSPO BOX SIOUX CENTE

Financial History

Multi-year comparison from IRS filings

As of December 2024

  • Total assets: $4,615,200
  • Total revenue: $615,707
  • Total expenses: $411,679
  • Net income: $204,028
  • Total liabilities: $0
  • Number of employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$98K$195K$293K$391K1 grants201949 grants202063 grants202168 grants202268 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DORDT COLLEGE$72KNORTHWESTERN COLLEGE$52KSIOUX CENTER HEALTH FOUN…$50KSIOUX CENTER CHRISTIAN S…$25KROCK VALLEY PUBLIC LIBRARY$15KSIOUX CENTER PUBLIC LIBR…$15KFLOYD VALLEY HOSPITAL FO…$10KHOSPERS FIRE ASSOCIATION$10KLE MARS AREA CHILDCARE C…$10KMIDWEST HONOR FLIGHT$10K

Grant Size Distribution

229 grants across all recorded years

222<$50K7$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 Dordt College ($72,000), Northwestern College ($52,000), Sioux Center Health Foundation ($50,000).

RecipientPurposeAmount
AKRON OPERA HOUSE AKRON, IACHARITABLE CONTRIBUTION$3,000
AKRON WESTFIELD BOOSTER CLUB AKRON, IACHARITABLE CONTRIBUTION$5,000
BRIGHT STAR DAYCARE & PRESCHOOL HULL, IACHARITABLE CONTRIBUTION$2,500
CITY OF DOON DOON, IACHARITABLE CONTRIBUTION$5,000
CITY OF ROCK VALLEY ROCK VALLEY, IACHARITABLE CONTRIBUTION$5,000
DORDT COLLEGE SIOUX CENTER, IACHARITABLE CONTRIBUTION$72,000
FAMILY CRISIS CENTER ROCK RAPIDS, IACHARITABLE CONTRIBUTION$5,000
FLOYD VALLEY HOSPITAL FOUNDATION LE MARS, IACHARITABLE CONTRIBUTION$10,000
FRIENDS OF ROCK VALLEY FOUNDATION ROCK VALLEY, IACHARITABLE CONTRIBUTION$5,000
GEORGE LITTLE ROCK ATHLETIC BOOSTER GEORGE, IACHARITABLE CONTRIBUTION$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID KRAHLINGPRESIDENT1
RYAN BOONECEO1
JIM MOUWTREASURER1
TED HENGEVELDDIRECTOR1
MICHAEL D MCALPINESECRETARY1
CHAD FEENSTRAVICE PRESIDE1
STACIE DYKSTRADIRECTOR1
ROB BIXENMANDIRECTOR1
DAVID BROMMERDIRECTOR1
TONY THELENDIRECTOR1
JOHN PIETILADIRECTOR1

Recent News & Activity

Recent developments and announcements

2025

The Sioux Center Chamber of Commerce received grant support from Premier Communications Foundation in January 2025, demonstrating continued active grantmaking in the local community.

Chamber Receives Grant Support from Premier Communications and Aureon - Sioux

Frequently Asked Questions

What does Premier Communications Foundation fund?

The foundation supports organizations involved with: • Education • Health • Human services • Community development • Fire departments • Libraries • Youth development The foundation generates its funds primarily from interest and dividends earned on investments and proceeds from investment sales, which are then disbursed for charitable purposes in accordance with board governance.

How do I apply for a grant from Premier Communications Foundation?

**Grant Activity (2024)** • Total giving: $371,000 • Number of grants: 68 • Grant range: $1,000–$72,000 **Recent Grant Recipients (2024)** • Dordt University: $72,000 • Northwestern College: $52,000 • Sioux Center Community Foundation: $10,000 **Scholarship Program** The foundation has maintained an endowed scholarship program since 1992–93, awarding $1,500 renewable scholarships annually to six freshmen (three each) at Dordt University and Northwestern College from the Sioux Center phone excha…

Where does Premier Communications Foundation make grants?

The foundation's giving is heavily concentrated in northwest Iowa, with 97% of 2024 dollars directed to Iowa organizations. Primary service areas include Sioux Center, Orange City, and Le Mars. The foundation shows a strong preference for community-serving Iowa nonprofits with established local presence and ties to the region.

What size grants does Premier Communications Foundation award?

In 2024, Premier Communications Foundation awarded 30 grants totaling $371K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is Premier Communications Foundation's EIN?

Premier Communications Foundation's EIN (Employer Identification Number) is 42-1358494. IRS Form 990 filing data is available on this page for 2019–2024.

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

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