As your clients consider year-end giving decisions, mark your calendar with these important dates to ensure your clients achieve their giving goals through the Community Foundation. Keep in mind that gifts such as stock, real estate or tangible personal property require advanced planning, so contact our team to begin the process of meeting your clients' financial and charitable goals.

Grant recommendations from donor advised funds must be made online or by contacting the Community Foundation directly by Wednesday, December 27 at noon for organizations to receive your clients' generous support in 2023. 

Cash gifts to Community Foundation funds are accepted if postmarked by December 31. Online contribution via credit card must be made on Manage My Fund by midnight on December 31.

Stock gifts to Community Foundation funds must be received by December 29. Complete the transfer of securities electronically by following these instructions to contribute appreciated stock or other securities.  

As year-end comes to a close, the 12/31 deadline for Required Minimum Distributions (RMD’s) is likely on top of mind. If your clients have not yet met their RMD requirement, and are charitably inclined, consider discussing a Qualified Charitable Distribution (QCD) (also known as a Charitable Rollover) with them. There are various charitable strategies available and we are ready to support you and your clients in these conversations. Read this article or contact us to learn more about charitable giving with an IRA.

For nearly 20 years, the Endow Iowa Tax Credit has been a valuable tool for your clients to maximize their support of Iowa causes they care about. To keep the Endow Iowa Tax Credit working for Iowans, the Iowa Economic Development Authority discontinued the Endow Iowa Tax Credit waitlist on July 1, 2023. 

All 2023 Endow Iowa Tax Credits were exhausted Aug. 17, 2023. If your client made an Endow Iowa qualified gift(s) in 2023 that has not yet received credits, they will be issued a 2024 Endow Iowa Tax Credit application in January to apply to receive 2024 credits. Donors have up to 12 months from the date of their gift to apply for a state tax credit. Learn more about the changes to the Endow Iowa Tax Credit program and contact us with questions.