ILINOIS GIVES
GOOD FOR YOU. GOOD FOR THE COMMUNITY
Encourage Charitable Giving: Created in 2025, the Illinois Gives Tax Credit Act provides a substantial tax incentive for donors to contribute to eligible permanent endowment funds held at Qualified Community Foundations (QCFs) supporting Illinois charities and projects.
Community Benefit: Contributions help fund programs and projects that directly impact Illinois residents and improve local communities.
Personal Tax Savings: Donors can reduce their state income tax liability with this credit, maximizing the impact of their generosity.
IL GIVES TAX CREDIT
Offers a 25% state income tax credit to donors who make gifts to eligible permanent endowment funds at a Qualified Community Foundation* in Illinois;
Offers a maximum annual credit of $100,000 per taxpayer & $200,000 per couple;
Can be claimed by Illinois tax payers;
Is not transferable or refundable;
Can be carried forward up to five years to apply against future tax liabilities;
Is awarded on a first-come,first-served basis;
ILLINOIS GIVES STEP-BY-STEP DONOR INSTRUCTIONS
*Qualified Community Foundations are confirmed in compliance with the National Standards for U.S. Community Foundations Gifts to Donor Advised Funds are not eligible.
HOW IT WORKS
1
Partner with Us
Reach out to the Community Foundation of Jo Daviess County to learn more about our eligible endowment funds and how your gift can make a difference.
2
Plan your Giving
Consider your tax liability and charitable goals to maximize the benefits of the Illinois Gives Tax Credit.
3
Act Early
Funds have annual limits statewide and per QCF, and processing an IL GIVES Tax Credit donation can take a few weeks if you don't have a MyTax Illinois account yet.
4
Apply and Make A Gift
Request a letter ID and create an account on mytax.illinois.gov. Once created, apply for a Contribution Authorization Certification (CAC) through the MyTax Illinois system and make a gift to an eligible permanent endowment fund. You can see eligible endowment funds at https://www.cfjodaviess.org/give-1 or contact us at hello@cfjodaviess.org.
5
Funds Grow
Eligible permanent endowment funds at QCFs are invested and grow in perpetuity.
6
Annual Grants
The Community Foundation of Jo Daviess County makes annual grants from eligible permanent endowment funds that support Illinois charities and projects.
Contact the Community Foundation of Jo Daviess County for more information