Farmland Giving

Proceeds from either the sale or the rental income support the community and charities of your choice.

Gifts of grain are a unique way to make a charitable gift. Simply deliver the grain to your local elevator or co-op, tell them you would like to transfer ownership to the Community Foundation, and provide the Crop Commodity Transfer Form. The Foundation will work directly with the elevator to arrange an immediate sale and the value of the grain will benefit the charities and community of your choice.

By gifting grain to the Community Foundation, you avoid the reportable sale of the grain in your farm income. Although a charitable tax deduction is generally not available to you, the significant benefit is the avoidance of declaring it as income. You still deduct the cost of growing the crop, which typically results in tax saving benefits.

Download the Crop Commodity Transfer Form.

Reduce your estate taxes by bequeathing farmland to a fund you have set up at the Community Foundation. We'll work with you to determine if you would like us to sell and utilize the proceeds to fulfill your charitable wishes, or keep the land in management and use the rental income to carry out your philanthropic vision.

You retain full use of the land and production income for your life. You receive an immediate tax deduction on the charitable portion of the gift.

After your life, either proceeds from the sale or the annual rental income from the land fulfill your charitable wishes through the fund you created at the Community Foundation. The Foundation also offers you the option of recommending a tenant farmer to maintain the relationships which matter most to you.