Tax Benefits

The Cedar Falls Community Foundation (CFCF) is a fully accredited community foundation. Cedar Falls Community Foundation donors who establish or donate to a permanent endowment may apply for Endow Iowa tax credits.

This is a substantial benefit to donors.  The Endow Iowa Tax Credit program provides $6 million in tax credits annually, a 25% benefit on donors’ Iowa tax return. Even taxpayers who do not itemize their deductions may claim an Endow Iowa Tax Credit equal to 25% of their contribution (so long as they are awarded an Endow Iowa Tax Credit for an eligible gift).

Contributions to the Cedar Falls Community Foundation are fully tax deductible. Gifts may include monies or other properties, both real and personal, in trust or otherwise, as may be acquired by will, gift or otherwise. Gifts may be directed or undirected. Donors are encouraged to consult with their personal tax advisor, accountant, or attorney before making donations.

Contact the Cedar Falls Community Foundation for more information at CFCF@cfu.net.

Foundation News

4/7/2021

Monthly e-newsletter Archive

Monthly e-newsletter The Cedar Falls Community Foundation shares news of interest through a monthly e-newsletter. Sign up below or read the archived newsletters.

2/26/2021

Grant Portal to Open April 15; Award Nominations due April 10

Grant Portal Opening in April The Cedar Falls Community Foundation will accept applications to the Ella Rownd Trust and Diamond Arts & History Fund beginning April 15. Applicants must be nonprofit 501-c-3 organizations. Projects must benefit the citizens and community of Cedar Falls. Interested organizations are encouraged to call the CFCF before beginning an application,