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

6/16/2020

Cedar Falls Community Foundation Summer Campaign

This week the Cedar Falls Community Foundation launched its Summer campaign to raise funds for five specific areas of need. The Cedar Falls Community Foundation was founded in 1977 to serve the needs of Cedar Falls and annually provides approximately $250,000 to Cedar Falls public and private non-profit organizations. Support is sought for these areas

5/1/2020

Cedar Falls Community Foundation elects new Board Members

The Cedar Falls Community Foundation (CFCF) has served Cedar Falls for over forty years, guided by community members and donors with vision and passion to establish funds that will benefit Cedar Falls for generations to come. The members of the Board of Directors of this nationally accredited community foundation are Cedar Falls residents who understand