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Gifts of Grain

If you are a cash-basis farmer, you may enjoy favorable tax benefits by gifting grain directly to Focus on the Family.
Gifts of Real Estate
Grain
Focus
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Benefits of a Grain Gift

  • You may be able to deduct the cost of production of the gifted portion of grain and receive a triple tax savings
    1. Reduce federal income tax.
    2. Reduce state income tax.
    3. Reduce self-employment tax.
  • Help further the work and mission of Focus on the Family

To give a gift of grain:

  • Contact your elevator and have them set up an account in the name of Focus on the Family (as Seller) using the following address:
    Focus on the Family
    Attn: Gift & Estate Planning
    8605 Explorer Drive
    Colorado Springs, CO 80920
  • Deliver the grain to our account.
  • Notify Focus on the Family that grain has been delivered to our account
  • Focus on the Family will promptly call the elevator and order the sale of the grain.
  • Focus on the Family will send you a letter acknowledging receipt of your gift.

Important to Consider

  • Gift (transfer of ownership) occurs before the grain commodity is sold. The donor shall not sell the grain commodity or otherwise provide instructions of the sale of grain.

Tax information

  • Focus on the Family is a tax-exempt charity under the Internal Revenue Code 501(c)(3). We strongly suggest that you contact your tax advisor for current tax laws and to determine whether this method of giving is advantageous to your circumstances.

Contact us

If you have any questions about gift of grain, please contact us. We would be happy to assist you and answer any questions you might have.
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