Gifts of Cash
Given outright or in the form of a pledge, gifts of cash are attractive because they are simple to make, create immediate impact, and are easily earmarked to support your community. As cash gift of $100,000 by an individual in the 25% tax bracket provides a charitable income tax deduction of $25,000 for the donor and removes the $100,000 gift form the donor’s taxable estate.
Gifts of Grain: Give more to your community. Pay less in taxes.
Dan and Sarah Miller
With today’s high prices and a positive outlook for commodity markets, many farmers are considering gifts of grain to fulfill their charitable intentions.
When a farmer delivers grain to market and transfers ownership to a charity, they get greater tax savings than if they sell the commodity and then write a check from the proceeds.
The Nebraska Community Foundation makes it easy for ag producers to make charitable donations.
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