08.10.2021 Views

Eastern Iowa Farmer Fall 2021

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

The Gift<br />

of Grain<br />

Supporting<br />

Future <strong>Farmer</strong>s<br />

The LincolnWay Community Foundation hosts<br />

endowment funds for over 30 organizations that<br />

improve quality of life in rural Clinton County.<br />

A gift of grain can make a big impact on your<br />

favorite nonprofit – and your bottom line.<br />

By donating grain, you avoid including the sale of the<br />

grain in your farm income. Deducting the cost of growing<br />

the crops can result in self-employment and income tax<br />

savings, and you benefit even if you take the standard<br />

deduction. Gifts of grain also are eligible for the Endow<br />

<strong>Iowa</strong> 25% State Tax Credit.<br />

“If you want to donate to a charitable organization, this<br />

is the way to do it. It’s an opportunity for a farmer to leave<br />

a legacy,” says Rick Mangan, who supports community<br />

causes with gifts of grain. “The Community Foundation is<br />

the only avenue I know of to make this type of gift, and I<br />

can increase my donations because of the tax benefits.”<br />

Your crops are your livelihood. You prepare, plant,<br />

nurture and watch them grow. That’s what we do with<br />

the charitable gifts entrusted to the Foundation – and we<br />

invite you to join us. Learn more at dbqfoundation.org/lwcf.<br />

“The best classroom and the richest classroom<br />

is roofed only by the sky.”<br />

— Margaret Millan<br />

As a rural community steeped in farm life, this<br />

idea rings true. The Community Foundation of<br />

Jackson County continues supporting tomorrow’s<br />

farmers in their outdoor learning by awarding<br />

grant funding to local educational programs.<br />

Foundation funding has revived outdoor classrooms in<br />

Easton Valley and Maquoketa Community school districts,<br />

impacting nearly 600 elementary students who garden,<br />

learn about prairie plants and simply enjoy being outdoors.<br />

The Foundation also has supported a Future <strong>Farmer</strong>s of<br />

America greenhouse at Maquoketa Community High School,<br />

a key piece of the school’s new Agricultural Learning Center<br />

that will enable students to study plant growth and food<br />

production year-round.<br />

To plant your seed for a future generation of farmers,<br />

contact Lori Loch, executive director, at 563-588-2700 or visit<br />

dbqfoundation.org/cfjc.<br />

An Affiliate of the<br />

Community Foundation of Greater Dubuque<br />

Dubuque strengthens communities<br />

partners in surrounding counties.<br />

dbqfoundation.org<br />

<strong>Eastern</strong><strong>Iowa</strong><strong>Farmer</strong>_<strong>Fall</strong><strong>2021</strong>.indd 7<br />

9/15/21 10:21 am

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!