Allamakee County Community Foundation Endowment Funds Pay Out Nearly $110,000

The Allamakee County Community Foundation recently announced $109,100 in endowment payouts for fiscal year 2020.

“These funds are used to strengthen nonprofits — by supporting programming, capacity-building and more — so they can make essential resources accessible to all our communities,” said Betty Steege, foundation coordinator. “We partner with donors and nonprofits to transform generosity into actions that improve quality of life in our county for everyone.”

Nonprofits and community members can create endowment funds at the Community Foundation to benefit charitable causes. These funds are permanently invested and pay out annually, providing a reliable source of income to sustain nonprofits forever.

Nonprofit leaders look to the Foundation to hold their organizations’ endowments because the reliable source of annual funding helps them respond to emerging needs as well as plan and sustain the good work they do.

Donors who give to endowments through a community foundation benefit from the Endow Iowa 25% State Tax Credit in addition to federal charitable income tax deductions.

“Endowment funds offer a tangible option for families and community members to give back to causes close to their hearts in our area forever,” said Steege. “Thanks to generous donors and committed nonprofits, we can continue to provide this necessary support for the future of Allamakee County.”

For more information, visit   

Press Contact

Jeff Danna
Communications Manager

About Us
Founded in 2002, the Community Foundation of Greater Dubuque strengthens communities and inspires giving. We are dedicated to improving the quality of life throughout Northeast Iowa by serving donors, making grants to local nonprofit organizations, and providing community leadership through convening and collaboration. Guided by the values of integrity, equity and inclusion, collaboration, excellence and innovation, we seek to ensure a vibrant and inclusive Greater Dubuque region with resources and opportunity for all.


Help your neighbors in need during COVID-19

The Community Foundation of Greater Dubuque has activated the Greater Dubuque Disaster Recovery Fund in partnership with the United Way of Dubuque Area Tri-States to provide a coordinated response to COVID-19. More than $550,000 has been raised so far to address pressing needs. Please consider a gift of any amount.