First Citizens Bank

Plan, Grow & Protect Legacies Across Generations

We believe solid planning requires special expertise and a team approach. Our team includes individuals with financial planning, investment management, tax and legal expertise, dedicated to working with you and your team of experts, including attorneys and accountants, to deliver and implement a customized plan centered around the client.

Foundation Applications/Requests


The Laverna M. Smedley Foundation Trust was created under the Will of Laverna M. Smedley and was funded from her Estate in 2021. The

Foundation was created to benefit:

  1. Non-profit agencies, programs, or organizations which offer respite care to caretakers of the seriously ill, disabled or homebound within the meaning of IRS code 501(c)(3) or IRS Code 170(c)(1)  (Please complete the Application linked below)
  2. Benefit financially needy students who have obtained at least a “C” average in an accredited nursing program; providing nursing education as a registered nurse, licensed nurse practitioner, med assistant, nurses’ assistant, advanced registered nurse practitioner, or physicians’ assistant within 60 miles of Mason City, IA. (REQUIRED to complete both the Financial Assistance Questionnaire and the Application).

Preference will be given to the north Iowa area which shall be roughly defined as that portion of Iowa within 60 miles of Mason City, Iowa, but in no event shall any grants be granted outside of the state of Iowa.

Application must be submitted online between February 1 - April 30.

Review Application Procedure Complete Application Financial Assistance Questionnaire

For inquiries or help completing your application, please contact Chelsea Frederick at 641-422-1600.