8-21 IAN Gifts of Grain
By contributing commodities to the University of Idaho Foundation, an Idaho not-for-profit corporation, you are providing the UI College of Agricultural and Life Sciences (CALS) with a donation that retains the full value of your crop.
Example: You donate $3,000 worth of your crop to the UI Foundation, which then sells it for $3,000. Then the university receives the entire $3,000. However, if you sell the crop first and donate that revenue after taxes, you donate approximately $1,940 to the university. Amount may vary depending on the current market.
In addition to self-employment, federal, and state tax benefits that you may receive for giving a gift of grain, there are exclusive benefits to recognize you for your generous support such as:
Invitations to seasonal events hosted by the dean
Invitations to private events hosted by the UI president
Gifts of Grain commemorative sign
Gifts of Grain lapel pin
Carly Raska, Donor Relations Coordinator, says that there is work to be done: “We have had this program around for a while. People have been giving us commodity gifts but we need to get the message out better.”