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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 />
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