Here are two charts that kind of show the correlations to IQ. For the top chart, the parental education level I think is a good indicator of genetics and I suppose priorities. Since all the graphs track upward for greater parental education, you might conclude genetics plays a role. I suppose those that finish college often are more affluent so that is probably baked in as well.
The below chart comparing twin reared apart and together and correlations between parents and foster parents show how much genetics and environment can play. Genetics play a pretty strong role though.