Iowa Tax Incentives
The Endow Iowa Tax Credit Program offers a unique opportunity for donors to give to their communities and receive generous tax benefits in return. It’s a smart tool to help you get more from your giving. The state of Iowa has established a tax credit fund of $6.0 million, making it easier for donors to receive state tax credits by making charitable gifts to the Pella Community Foundation.
Donors who give to one of the endowed funds listed below are eligible to receive 25% tax credits for their donations and will also be eligible for federal deductions. Because tax credits are issued on a first come, first served basis, it’s important act early in the calendar year.
Tax credits apply only to gifts made to the following permanent endowment funds administered and held by the Pella Community Foundation. These include:
Bethany Christian Services - Clinical Director's Endowed Chair Fund
Crossroads - General Endowment Fund
Crossroads - Director's Endowed Chair Fund
Dollars for Scholars
Friends of the Pella Public Library
Fund for Educational Excellence
Garden Chapel Endowment Fund
Howard and Helen Glendening Mental Health Fund
H.O.P.e (Housing Opportunities in Pella)
Lakeview Camp and Conference Center
Many Hands for Haiti
Pella Christian High School
Pella Community Foundation – Board Directed Grants
Pella Community Foundation – Operational Endowment Fund
Pella Historical Society
Pella Regional Health Center
Tulip City Golden Agers
Union Street Players
Establishing a new endowment fund which qualifies for the Endow Iowa Tax Credits requires a gift of $10,000 or more. Endow Iowa gifts are just one way the Pella Community Foundation works with donors to achieve their personal, financial and charitable goals while gaining maximum benefit under the law.
We welcome the chance to discuss the Endow Iowa charitable giving opportunity with you. Use the "Contact Us" tab to get in touch.