Iowa Council of Foundations

Forgot Password?
MENUMENU
  • Home
  • About
    • Our Work
    • History
    • Board
    • Staff
    • Contact Us
  • Our Initiatives
    • Our Initiatives
    • Advancing Equity
    • Community Foundations
      • Community Foundations Initiative
      • Endow Iowa
      • County Endowment Fund
      • CF Stories Blog
      • CF Snapshot Newsletter
      • Grant Opportunities
      • Find Your Community Foundation
    • Disaster Preparedness
    • ICoF Education Funders Network
    • Youth Philanthropy
  • Membership
    • Benefits
    • Directory
    • Eligibility
    • Join
  • Resources
    • Disaster Philanthropy
    • Member Resources
    • Philanthropy In Iowa
    • Publications & News
    • Public Policy
  • Events
  • Career Center

Endow Iowa

The Endow Iowa Tax Credit program was created to enhance the quality of life for the citizens of this state through increased philanthropic activity by encouraging new investments to existing community foundations across Iowa.

Those who give to a permanently endowed fund at a qualified community foundation or affiliate organization are eligible to receive a 25% state of Iowa tax credit for their gift. Community members who give are also able to take advantage of the tax credits in conjunction with federal tax deductions.

The Endow Iowa Tax Credit is awarded on a first-come, first-served basis for gifts made to a permanent endowment fund, established for the benefit of Iowa charitable causes, at a qualified community foundation in Iowa. The tax credits can be claimed by individuals, businesses, or financial institutions. The program is administered by the Iowa Economic Development Authority. For more information please visit their website or contact your local community foundation.

Administrative Rules for The Endow Iowa Tax Credit

Administrative Rules (PDF)

Legislation For The Endow Iowa Tax Credits

Endow Iowa Legislation (PDF)
Download Endow Iowa Legislation (WORD)

House Files

House File 868 – 2005 (PDF)
Download House File 868 – 2005 (WORD)

House File 2317 – 2022 (PDF)
Download House File 2317 – 2022 (WORD)
Division VIII, Section 48 on page 27 reduces the taxpayer cap effective 1/1/2023

Changes to Endow Iowa Effective in 2023

  • Effective January 1, 2023: The maximum tax credit is lowered to $100,000 per taxpayer.
  • Effective July 1, 2023: The Iowa Economic Development Authority will discontinue the waitlist process until the waitlist is cleared.
  • Effective July 1, 2023: Applications must be submitted within twelve months of the date of the gift.

Application For Endow Iowa Tax Credits

Once an Endow Iowa eligible contribution is made, your local community foundation will assist you in completing the Endow Iowa Tax Credit Application. The application is available through your local community foundation.

Community Foundations

  • Community Foundations Initiative
  • Endow Iowa
  • County Endowment Fund
  • Community Foundation Stories
  • CF Snapshot Newsletter
  • Grant Opportunities
  • Find Your Community Foundation




© 2023 · Iowa Council of Foundations
Privacy Policy

Website by bigimprint.com
Admin • WA-Admin

Contact Us

Mailing & Billing Address:
6919 Vista Drive
West Des Moines, IA 50266

Telephone:
(515) 989-1188

Email Us

Let's Connect

Follow us on social media to stay up to date with news and events!