New Law Helps Local Foundations; 'Endow Iowa' Gives Tax Credits to Qualified Contributors
Telegraph - Herald (Dubuque) › June 19, 2005
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Summary
New legislation has opened floodgates for endowment donations.
Gov. Tom Vilsack recently approved "Endow Iowa" legislation, effectively giving a 20 percent tax credit to qualified donors who make charitable donations through a certified community foundation.See the full content of this document
Extract
New Law Helps Local Foundations; 'Endow Iowa' Gives Tax Credits to Qualified Contributors
"Last week I raised $210,000 because of Endow Iowa and this week I am working on $520,000 worth of gifts," said Nancy Van Milligen, president and chi...
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