Iowa Tax Credit
Tax Savings Through an Accredited Foundation
Endow Iowa 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.
The Community Foundation of Des Moines County is a qualified community foundation that provides access to Endow Iowa Tax Credits. Endow Iowa allows taxpayers to receive a 25% Iowa tax credit, in addition to normal federal charitable income tax deductions, for gifts made to permanent endowment funds that benefit Iowa charitable causes.
Gifts can be made to an existing permanent endowed fund or one that you establish. The gift must benefit one or more Iowa charitable causes.
Since the inception of the Endow Iowa Tax Credit Program, Iowa Community Foundations have leveraged nearly $200 million in permanent endowment fund gifts. Endow Iowa Tax Credits allow donors to have even greater impact on their philanthropic interests in Iowa now and into the future. When you donate to a permanently endowed fund you’re not only helping your neighbors today, you’re building a stronger community tomorrow.