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Iowa’s Council of Foundations & Iowa Gaming Association Release Annual Report to State

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(Des Moines, Iowa) – The Iowa Council of Foundations (ICoF) and the Iowa Gaming Association (IGA) are pleased to announce the release of their joint annual report Building Iowa’s Communities Through Philanthropy: A Snapshot of the 2014-2015 County Endowment Fund Program and Grants Made By Casino Nonprofit Organizations. The report is a compilation of the diverse nonprofit organizations and projects that are being funded around the state. The Iowa Legislature has sponsored these programs for over a decade and the positive impact of these programs is felt each day in every county across Iowa. 

“To see this report’s vast array of funded grant projects; it is so rewarding to realize that nearly every Iowan is impacted in some positive way,” said Wes Ehrecke, President & CEO of the IGA. “This visionary program continues to be a catalyst for significant philanthropic partnerships in every county and community.” 

County Endowment Fund Program
In 2014-2015, more than $10.62 million dollars was distributed to 85 county community foundations across the state through the County Endowment Fund Program. The County Endowment Fund Program is funded with eight-tenths of one percent (0.8%) of the state's commercial gaming tax revenue. These funds are distributed annually among qualified foundations and affiliates associated with counties without a state-issued gaming license. Since its inception in 2004, this program has utilized a percentage of gaming tax revenue to distribute $71 million in grants to nonprofits and charitable projects focused on enhancing arts and culture, offering educational resources, providing public/societal benefit, ensuring access to healthcare and human services and protecting and preserving our environment. 

Grants Made by Casino Nonprofit Organizations
Among the states with legalized gaming, Iowa is the only state that requires the regulated licensed casinos to contribute a portion of their revenues to local charities and community projects. Each year, this program provides millions of dollars to nonprofits through the grant-making programs administered through their respective nonprofit license holders. For more than two decades millions of dollars in grants have provided meaningful support to thousands of charitable requests in counties with state-issued gaming licenses. In 2015, this included 15 counties in Iowa. 

Endow Iowa Tax Credit Program 
The Endow Iowa Tax Credit program was launched in 2004 and since then has made available over $43 million in tax credits to Iowans who contribute to a fund at an accredited community foundation in the state. For the past two years, the annual tax credit limit has been $6 million per calendar year and both years all of the tax credits have been distributed. The Endow Iowa Tax Credit is awarded on a first-come, first-served basis and is utilized by a wide range of donors. Credits can be claimed by individuals, businesses, or financial institutions. Over the past decade $219 million has been invested in endowed funds at community foundations through Endow Iowa. The program is administered by the Iowa Economic Development Authority (IEDA) in collaboration with the Iowa Council of Foundations (ICoF). Since its inception in 2004, Iowa Community Foundations has leveraged more than $191 million in permanent endowment fund gifts. The contributions were made through more than 25,000 donations. 

“The Iowa Council of Foundations is pleased to partner with the Iowa Economic Development Authority to administer the County Endowment Fund Program and the Endow Iowa Tax Credit program. Without question, these programs have changed the face of philanthropy and the vitality of communities in our state,” said Kari McCann, ICoF President. “We are very grateful for the continued support of the Governor and the Iowa Legislature.” 

Iowa continues to shine brightly thanks to these successful programs. To learn more about your local community foundation, please visit

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