Receive 25% State Tax Credit
Wednesday, August 19 2009 @ 04:22 PM GMT+5
Endow Iowa Tax Credit Program
Giving YOU Credit
Where Credit is Due
Giving through the community foundation to the causes you care about is rewarding—in more ways than one. Your gift creates lasting change in the community, and the Endow Iowa Tax Credit Program offers you generous tax incentives to make it easier for you to give more for less. Those who give to a permanently endowed fund at a qualified community foundation, such as the Community Foundation of Greater Muscatine, are eligible to receive 25% tax credits for their gifts. Community members who give also are able to take advantage of the tax credits in conjunction with regular federal charitable tax deduction.
Tax credits are offered on a first come, first served basis. The tax credits can be claimed by individuals, businesses or financial institutions.
Since 2003, more than $50 million has been invested in community foundations through Endow Iowa, improving residents’ lives both now and for years to come.
Give and Receive
With Endow Iowa, gifts to our community foundation's qualifying endowments cost donors less. For example, a $10,000 gift could cost as little as $3,800 assuming the taxpayer is in the highest tax bracket.
To learn more about how you can give to your community and take advantage of Endow Iowa tax credits, please contact us at cfgm@machlink.com or 563/264-3863 or speak with your professional advisor.
Donate to the Cares & Shares Endowment
It provides funding for community needs – now and always - and ensures the continuation of the Community Foundation of Greater Muscatine.
For a list of other endowments that you may contribute to, please click on the "FUNDS" tab. You'll find endowments benefiting many important causes under the heading of Permanently Restricted.
Giving YOU Credit
Where Credit is Due
Giving through the community foundation to the causes you care about is rewarding—in more ways than one. Your gift creates lasting change in the community, and the Endow Iowa Tax Credit Program offers you generous tax incentives to make it easier for you to give more for less. Those who give to a permanently endowed fund at a qualified community foundation, such as the Community Foundation of Greater Muscatine, are eligible to receive 25% tax credits for their gifts. Community members who give also are able to take advantage of the tax credits in conjunction with regular federal charitable tax deduction.
Tax credits are offered on a first come, first served basis. The tax credits can be claimed by individuals, businesses or financial institutions.
Since 2003, more than $50 million has been invested in community foundations through Endow Iowa, improving residents’ lives both now and for years to come.
Give and Receive
With Endow Iowa, gifts to our community foundation's qualifying endowments cost donors less. For example, a $10,000 gift could cost as little as $3,800 assuming the taxpayer is in the highest tax bracket.
To learn more about how you can give to your community and take advantage of Endow Iowa tax credits, please contact us at cfgm@machlink.com or 563/264-3863 or speak with your professional advisor.
Donate to the Cares & Shares Endowment
It provides funding for community needs – now and always - and ensures the continuation of the Community Foundation of Greater Muscatine.
For a list of other endowments that you may contribute to, please click on the "FUNDS" tab. You'll find endowments benefiting many important causes under the heading of Permanently Restricted.