Gifts of grain

What our local farmers do day in and day out is pretty special – and we want to help honor that. 

Farm families play a crucial role in the prosperity of their communities, and the act of giving a Gift of Grain can have a profound impact. By contributing a portion of their harvest, farmers can directly support the well-being and development of their community. 

Our ability to accept gifts of grain is one way we help donors use a non-cash asset to build a charitable legacy while providing an easy, tax-efficient way to support the community. Your gift of grain collectively joins with other gifts to increase the number of grant dollars we inject into Boone County, every year – forever!

The value of the grain you donate can be used in a number of ways in our community and can be directed to one of our existing funds, like:

Gifts of Grain Chart

How Gifts of Grain Works

  1. Step 1: The grain gets delivered to the elevator on the farm.
  2. Step 2: The Boone County farmer asks the elevator to transfer a specific number of bushels to the Community Foundation of Boone County (CFBC).
  3. Step 3: CFBC authorizes the sale of the grain and collects the proceeds.
  4. Step 4: CFBC provides an acknowledgment documenting the number of bushels transferred.
  5. Step 5: The farmer (and family) reaps tax advantages such as reduced adjusted gross income, taxable income, and more.

If your family farm is interested in the Gifts of Grain program and is looking to learn more, please do not hesitate to contact Julie Reagan, CEO of the Community Foundation of Boone County.