The Endow Iowa program was created to enhance Iowa's quality of life by increasing local philanthropy. Endow Iowa provides donors with state income tax incentives worth 20% of the amount of the gift. This program was instituted as a catalyst to help build endowments.

The Endow Iowa program has been authorized to offer $2 million in tax credits each year through 2008, at which time the credits will increase to $3 million per year. Credits are available on a first come, first serve basis.

More information about the program including the tax credit application form and update information on the tax credit status can be found at http://www.iowalifechanging.com/endowiowa.

• New funds established in the individual's own name.
  These funds may be donor-advised, designated for specific organizations, scholarships, or unrestricted. A $5,000 minimum is required to establish a new fund ($12,500 for scholarships).
  
  
• Contributions of any amount to any eligible existing endowed fund.
  

For more information, you can download the following resources:

Added Benefits of Giving	About Endowment