20% Iowa Tax Credit Endow Iowa allows taxpayers to take a 20% Iowa tax credit in addition to the normal state and federal charitable income tax deductions for certain charitable gifts.  These innovative tax incentives are available for individuals and businesses across Iowa to promote philanthropy and community development. The Endow Iowa legislation, sponsored by the Iowa Council of Foundations, encourages citizens to utilize philanthropy as a catalyst to build local endowments at community foundations and improve the quality of life in the community. Gifts must be made to a permanent endowed fund through a qualified Community Foundation (the Community Foundation of Greater Dubuque is qualified). For more information on Endow Iowa and the availability of tax credits, contact Nancy Van Milligen, President/CEO at 563-588-2700 or nancyvanm@dbqfoundation.org or visit the Endow Iowa portion of the Iowa Department of Economic Development website.