Endow 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 Keokuk Area Community Foundation 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.

The Endow Iowa Tax Credit is awarded on a first come, first-served basis for gifts made to a permanent endowment fund. The tax credits can be claimed by individuals, businesses, or financial institutions. A variety of charitable gifts qualify for Endow Iowa Tax Credits including cash, real estate, appreciated securities and outright gifts of.

$6 million in Endow Iowa tax credits will be awarded in 2021.