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News
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Clear
Your
Bins and Donate Grain to Benefit Iowa 4-H
Posted 20 July 2010
Wondering what to do
with last year’s grain as this year’s harvest season approaches? Donate
it to the Iowa 4-H
Youth Development program and make a difference in the lives of
Iowa’s young people.
“As farmers are getting ready to move out their 2009 crop in
preparation for the 2010 harvest, it’s a great time to support Iowa 4-H
youth programs by donating grain to the Iowa 4-H Foundation,”
said Terry Hobson, an Iowa 4-H Foundation trustee.
Giving grain is a viable option for donating to the 4-H program through
the Iowa 4-H Foundation, said Albert Grunenwald, the foundation’s
associate director. “By giving the gift of grain, individuals are
supporting Iowa youth as they learn leadership, citizenship,
communication and life skills within 4-H.”
Self-employed farmers who donate grain to the Iowa 4-H Foundation not
only benefit youth across the state; they also reduce their
self-employment tax and increase their income tax savings, Grunenwald
explained.
“Giving grain can save farmers as much as 49 percent of the donation
amount. For example, a grain donation worth $1,000 could save farmers
an extra $490 because they gave grain in place of cash,” he said.
Farmers also are welcome to donate to the Iowa 4-H Foundation by cash
or check, Grunenwald noted.
For specific instructions on how to donate grain to support 4-H,
contact Grunenwald at 515-294-4780 or abgrunen@iastate.edu.
The grain must be placed in the Iowa 4-H Foundation’s name to be sold
by the Iowa 4-H Foundation, Grunenwald stressed. Farmers may take the
grain to their local elevator, co-op or grain merchant, where a
warehouse receipt showing the Iowa 4-H Foundation as the owner of the
grain should be created. Then, farmers may notify the 4-H Foundation
that the grain is available to sell.
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