The major component of the Endow Iowa Program is the Endow Iowa Tax Credit. This credit offers taxpayers the opportunity to apply (on a first-come, first-served basis) for a possible 20% tax credit against taxes imposed in Iowa in addition to the normal charitable income tax deductions for certain charitable gifts. The gift must be to a permanently endowed fund within the qualified foundation or community affiliate organization for the benefit of Iowa charitable causes. The tax credits can be claimed by individuals, businesses, or financial institutions. Click here to learn more.
