Tax Incentives
Individuals who make gifts to the Community Foundation of Northeast Iowa are able to take advantage of unique tax incentives.
Because the federal government recognizes the Community Foundation as a
501(c)(3) organization, donors may take both federal and state charitable deductions on their gifts to our funds.
In addition, donors are also eligible for a
25% Iowa state tax credit for gifts to permanent endowment funds at community foundations that meet
national standards, like the Community Foundation of Northeast Iowa.