The Endow Iowa Tax Credit Program was established in 2003 to increase philanthropic activity and to enhance the quality of life for Iowans by encouraging investments to new or existing community foundations. As an incentive for giving to endowment funds established at qualified community foundations, such as the Community Foundation of the Great River Bend, a 25% Iowa tax credit may be awarded.

The Endow Iowa Tax Credit Program is administered by the Iowa Department of Economic Development and encourages individuals and organizations to make lasting investments in their communities by building charitable endowments. Since the program's inception, $59 million has been leveraged and has impacted all areas of community life, such as the arts, education, health, environment, community development, human services and more.

Learn more about the Endow Iowa Tax credit program by reading our Frequently Asked Questions, email susanskora@cfgrb.org or call 563-326-2840.

Here is what the Endow Iowa Tax Credit Program could mean for you: 

*    25% of the charitable gift made to a permanently endowed fund at a community foundation - maximum annual Endow Iowa tax credit per taxpayer is $100,000.
**   The entire amount of the gift is deductible on federal taxes- not state.
***  Individual marginal tax rates vary.
**** Assumes that individual taxpayer utilizes Schedule A (itemized deductions on their federal tax return)