Anonymous donor to match donations to EACF funds

Elma - The Elma Area Community Foundation works with nonprofits and donors alike to keep the town and surrounding area  strong and safe for their residents. Now, EACF has the opportunity to increase their impact with the aide of the entire  community.

Through the support of an anonymous donor, the Elma Area Community Foundation is able to match up to $5,000 to each of six funds held with the Foundation. That is $30,000 in matching funds to organizations making Elma a great place to  live! 

The funds include the Elma Early Childhood Center Fund, Elma Depot Museums Fund, Elma Park Fund, Elma  Public Library Fund, Elma Fire and Rescue Fund, and the Elma Trails Fund.

These funds exist to provide continual support for vital organizations that meet important needs of the Elma Area. Donor support helps these local organizations secure a stable source of income that will provide resources necessary to  serve those who need them most. Gifts to funds of the Elma Area Community Foundation are critical to enriching the  community and changing the lives of many now and into the future. 

“We are excited to be part of the new funds and steps being taken at the Elma Area Community Foundation and assist  them in being a catalyst for positive change,” said Erin Ludwig, co-chair of the EACF committee. “The funds and  matching dollars will help these organizations continue doing good forever.” 

Donors to the EACF can benefit from the Endow Iowa state tax credit program. Endow Iowa allows taxpayers to receive  a 25 percent Iowa tax credit, in addition to normal federal deductions, for gifts made to permanent endowment funds that  benefit Iowa charitable causes.

For more information about the Elma Area Community Foundation including how to donate, the various types of  funds, and the Endow Iowa 25 percent state tax credit, please visit www.elmaareacf.org or contact Terry Gaumer, affiliate  development director for CFNEIA at 319-243-1354 or tgaumer@cfneia.org.