View - Iowa Gaming Association
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August 2009<br />
The County Endowment Fund<br />
Program Grant Reports for the 2008<br />
distributions were collected.<br />
September 2009<br />
More than $11.3 million were<br />
distributed by the <strong>Iowa</strong> Department<br />
of Revenue to 85 community<br />
foundations and/or affiliate<br />
organizations, each receiving<br />
approximately $129,000.<br />
2009 2010 2011 2012<br />
January & March 2010<br />
Modifications to the Endow <strong>Iowa</strong> Tax<br />
Credit Program were implemented<br />
that increased the tax credit to 25%,<br />
up from the 20% previously offered,<br />
for charitable contributions made to<br />
a permanent endowment fund at a<br />
qualified community foundation.<br />
While still eligible for federal tax<br />
deductions, under the modifications<br />
donors no longer qualified to receive<br />
a state charitable deduction for this<br />
special contribution. The amount<br />
available in total Endow <strong>Iowa</strong> Tax<br />
Credits increased to approximately<br />
$3.7 million annually.<br />
August 2010<br />
The County Endowment Fund<br />
Program Grant Reports for the 2009<br />
distributions were collected.<br />
September 2010<br />
More than $10.4 million were<br />
distributed by the <strong>Iowa</strong> Department<br />
of Revenue to 85 community<br />
foundations and/or affiliate<br />
organizations, each receiving<br />
approximately $123,000.<br />
May 2011<br />
Through unanimous approval in the<br />
<strong>Iowa</strong> House and Senate, an increase<br />
of $800,000 was added to the base<br />
of Endow <strong>Iowa</strong>, bringing the total<br />
available in 2011 to approximately<br />
$4.5 million. The bill was signed into<br />
law by Governor Terry Branstad.<br />
August 2011<br />
The County Endowment Fund<br />
Program Grant Reports for the 2010<br />
distributions were collected.<br />
September 2011<br />
More than $10 million were<br />
distributed by the <strong>Iowa</strong> Department<br />
of Revenue to 85 community<br />
foundations and/or affiliate<br />
organizations, each receiving<br />
approximately $118,000.<br />
August 2012<br />
The County Endowment Fund<br />
Program Grant Reports for the 2011<br />
distributions were collected.<br />
September 2012<br />
More than $10.7 million were<br />
distributed by the <strong>Iowa</strong> Department<br />
of Revenue to 85 community<br />
foundations and/or affiliate<br />
organizations, each receiving<br />
approximately $126,000.<br />
Categorization<br />
Program-based<br />
operational, activity, general<br />
programmatic support<br />
Focus Area<br />
Arts/Culture/Humanities<br />
museums, historic preservation, exhibits, etc.<br />
Education<br />
schools – all ages, adult learning programs, etc.<br />
Environment/Animals<br />
environmental protection, beautification,<br />
animal-related issues<br />
Health<br />
general, rehabilitative, mental, etc.<br />
County Endowment<br />
Fund Grants<br />
The County Endowment Fund Program stipulates<br />
that the countywide community foundations distribute<br />
75% of the allocated funds to charitable projects/<br />
programs within their counties. The remaining 25%<br />
is used to build the unrestricted endowment fund for<br />
that county to provide future grant support. Community<br />
foundation grantmaking is done at the local level.<br />
Each county develops its grant distribution processes<br />
and involves local citizens to review and allocate<br />
funding to charitable projects/programs that impact a<br />
broad range of a community’s wellbeing. Because of<br />
this local involvement, grant awards vary from year to<br />
year, based on current and emerging needs.<br />
Each of the 85 counties that participated in this<br />
program submitted reports to the <strong>Iowa</strong> Council of<br />
Foundations and the <strong>Iowa</strong> Economic Development<br />
Authority. These reports outline the grant award<br />
recipients and provide additional information about<br />
the community foundations; the results are outlined<br />
in the following pages.<br />
In the reports, the counties outlined the grant award<br />
recipients using a common listing to categorize each<br />
grant as either program- or capital-based, with a<br />
particular focus in one of seven categories. The chart<br />
below serves as a key for the grants outlined in each of<br />
the county reports.<br />
Capital-based<br />
the building of or physical<br />
improvement of something<br />
Human Services<br />
public protection/safety, recreation,<br />
youth development, social support,<br />
general human services<br />
Public/Society Benefit<br />
community improvement /development,<br />
philanthropy/volunteerism, capacitybuilding,<br />
civil rights, etc.<br />
Other<br />
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