Your Crops are your livelihood, your life. You prepare, you plant, you nurture, and it grows. That's what we do with the charitable gifts entrusted to the Fort Dodge Community Foundation, and we invite you to grow the future of Fort Dodge, Webster County, and North Central Iowa with us.
Donating a gift of grain to the Community Foundation is a simple way to make a lasting difference. The value of the grain can be used to start a fund in the name of your family, for a specific nonprofit organization important to you, or to support the overall charitable causes in Fort Dodge, Webster County, and North Central Iowa.
By giving grain to the Fort Dodge Community Foundation, you avoid including the sale of the grain in your farm income. Although a charitable income tax deduction is generally unavailable, avoiding declaring it as income and the possibility of an Endow Iowa Tax Credit are significant benefits. You deduct the cost of growing the crops, typically saving self-employment tax. A 25% Endow Iowa Credit may be available to you for gifts to a permanent endowment fund benefiting an Iowa charitable cause. As each farmer's situation differs, you should consult your professional advisor for legal and tax advice.