Premier Communications Foundation
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID KRAHLING | PRESIDENT | 1 | — |
| RYAN BOONE | CEO | 1 | — |
| JIM MOUW | TREASURER | 1 | — |
| TED HENGEVELD | DIRECTOR | 1 | — |
| MICHAEL D MCALPINE | SECRETARY | 1 | — |
| CHAD FEENSTRA | VICE PRESIDE | 1 | — |
| STACIE DYKSTRA | DIRECTOR | 1 | — |
| ROB BIXENMAN | DIRECTOR | 1 | — |
| DAVID BROMMER | DIRECTOR | 1 | — |
| TONY THELEN | DIRECTOR | 1 | — |
| JOHN PIETILA | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
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 - SiouxRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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