Creating Opportunity for Donors
The Greater Cedar Rapids Community Foundation is pleased to partner with our family of individuals, families and agencies who care deeply about their community.
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You can make a difference with the charitable dollars you invest in our community, and the Greater Cedar Rapids Community Foundation can help you maximize that investment.
Donors who give through the Community Foundation are people like you, people who are interested in giving back to our community and want to make a difference. We can help you clarify your charitable intent and connect you to the causes you care about. We provide personal service and professional advice, superior investment management and knowledge of the needs and opportunities in our community.
The Community Foundation provides a simple, yet powerful vehicle for managing your philanthropy. We offer a variety of fund options to help you achieve your philanthropic goals. We accept gifts of cash, stocks, bonds, real estate or other assets. In addition, your charitable gifts may qualify for maximum tax advantages, such as the Endow Iowa Tax Credit Program.
We work with individual donors, families, businesses and organizations to establish charitable funds that will benefit the community forever.
Here is when the Greater Cedar Rapids Community Foundation may be the best choice for you:
You want to support multiple nonprofits with one gift.
It may be important to you to support several special charities. With one gift, you can support these organizations annually…forever. If you want to have a broader impact, you can create a fund that will allow us to meet future community needs.
You want to give to a cause, not a specific charity.
Sometimes you know the issue you care about – hunger, education, the arts – but you don’t want to give to a specific organization. We can find initiatives and organizations in your area of interest and support them in your name.
You want to leave a legacy that will last.
We manage over 800 named charitable funds that will benefit our community…forever. We will always be here, making our community an even better place for your children and grandchildren to live. We won’t ever leave, go out of business or retire.
You want ongoing advice about community needs.
We provide over $8 million in grants each year. We have knowledge of our community’s issues and opportunities. We also have strong connections to nonprofit organizations that are serving our community.
You don’t want the expense or paperwork of a private foundation.
In most cases, setting up a fund with us will give you similar giving opportunities and a larger tax break. The best part? We take care of the administrative details.
You have a complicated financial transaction.
For example, the sale of a privately-owned business or an inheritance could impact your tax status. As a public charity, we can receive your gifts now, while giving you time to plan for your charitable distribution.
You want to secure maximum tax advantages.
The Endow Iowa Tax Credit Program provides an Iowa state income tax credit equal to 25 percent of the value of your gift to benefit one or more Iowa charitable causes. These gifts are not eligible for a state income tax deduction, although they do qualify for the federal charitable deduction.
You want to involve your children in your philanthropy
More and more families are looking for ways to embrace philanthropy and involve their children and extended family members. We can help facilitate discussions and provide resources and expertise to assist families.
You want your gifts to be used for the greatest needs and opportunities in your community
Our Community Endowment Fund supports competitive grant programs. Donors give to this fund because they recognize that the needs in our community will change over time and they want the Community Foundation to distribute their gifts to meet current needs.