Resources

Endow Iowa Tax Calculator

Using the Tax Calculator

The Endow Iowa Tax Calculator is designed to be a flexible tool to help you understand the potential tax savings for gifts made through Endow Iowa and the long-term impact of giving to an endowed fund. The Tax Calculator can help present a powerful case for endowment and the value-both to the donor and to the local community-of giving through a community foundation.

 

The Tax Calculator is for illustrative purposes only; donors should contact their professional advisors to confirm accuracy and to discuss personal circumstances.

 

To calculate the immediate cost to the donor and long-term community benefit, simply enter the gift amount and donors marginal federal tax rate in the first two boxes below.

 

The calculator automatically assumes 8.5% rate of return and 4.5% annual payout. To modify these values, enter your community foundation's rate of return and annual payout rate if different than the automatic assumptions.