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.

  

DONOR INFORMATION  INPUT HERE
Endowed gift amount  
Donor's federal tax rate  
Community foundation rate of return   %
Community foundation annual payout   %

 

IMMEDIATE NET COST TO DONOR
GIFT AMOUNT IOWA TAX CREDIT FEDERAL TAX DEDUCTION NET TAX SAVINGS NET COST TO DONOR

 

LONG-TERM COMMUNITY BENEFIT
  TOTAL ENDOWMENT TOTAL GRANT PAYOUT
After 10 years
After 50 years