Endow Iowa State Tax Credit
When you make an endowed gift to the Community Foundation of Greater Dubuque or any of its funds, it will cost you far less thanks to Iowa's generous Endow Iowa 25% state tax credit.
Gifts of $50 or more to endowed funds qualify for the Endow Iowa tax credit. View a complete list of our funds. Various gift types qualify for the tax credit, including charitable IRA rollovers, gifts of grain, gifts of stock and cash gifts.
The U.S. Treasury Department published the regulation, “Contributions in Exchange for State or Local Tax Credits,” on June 13, 2019, and it impacts Endow Iowa-qualified gifts made on or after August 28, 2018. Click here for more information on this regulation, known as SALT.
Credits are given on a first-come, first-served basis. This means not only is it important to make your gift, but to fill out and return your Endow Iowa application as quickly as possible. As of December 15, 2020, all 2021 Endow Iowa credits have been allocated. All gifts made from December 16, 2020 through December 31, 2021 will be added to the 2022 wait list and potentially the 2023 wait list.
All qualified donors can carry forward the tax credit for up to five years after the year the donation was made.
**Please note that this application must be printed, signed and returned to the Community Foundation.
For more information on Endow Iowa and the availability of tax credits, call 563.588.2700.