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.

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Gifts of $50 or more to endowed funds qualify for this generous benefit to you.

The innovative Endow Iowa program was established by Iowa state legislators to promote charitable giving to qualified permanent endowments and provide sustainable support to nonprofits in our state.

The tax credits are only available for qualified gifts made through a qualified Iowa community foundation, such as the Community Foundation of Greater Dubuque and our affiliates. Various types of gifts qualify including cash, stock, grain and retirement assets.

Credits are limited to $300,000 per individual for a gift of $1.2 million or $600,000 per couple for a gift of $2.4 million if both are Iowa taxpayers.

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.

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Dave Hahn Emeritus Board Member, Allamakee County Community Foundation

Credits are given on a first-come, first-served basis.

This means not only is it important to make your gift, but also to fill out and return your Endow Iowa application as quickly as possible. The Community Foundation will mail this form to you after you make your gift. We will add as much information to the form as possible, making it easy for you to complete the form and mail it to:

Community Foundation of Greater Dubuque
Attn.: Emily Rollins
700 Locust St., Suite 195
Dubuque, IA 52001

All qualified donors can carry forward the tax credit for up to five years after the year the donation was made. 

All 2022 Endow Iowa credits have been allocated, and all gifts made through December 31, 2022 will be added to the 2023 wait list.

Questions? Contact us!

Here for you. Emily Rollins Director of Philanthropy emily@dbqfoundation.org 563-588-2700