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

12/17/2019

Cedar Falls Community Foundation Awards $20,000 in Scholarships

The Cedar Falls Community Foundation has awarded four $5,000 scholarships from the Robert Eller Study Abroad Endowment to support UNI students studying abroad during the Spring 2020 semester. The Robert Eller Study Abroad Endowment was established by emeritus UNI Education Media Specialist Robert Eller to foster the educational, professional, and personal growth of undergraduate students

8/15/2019

2019 Competitive Grants to be Awarded September 26

The Cedar Falls Community Foundation has announced recipients of its 2019 competitive grant cycle. In making the announcement Cynthia Sweet, executive director, said, “It is inspiring to read grant applications and realize that these are only a small portion of the many meaningful and community-enhancing projects occurring in Cedar Falls. The Cedar Falls Community Foundation