Donate or GIVE the gift of GRAIN or LIVESTOCK
Donate to Deuel Area Development by clicking on the blue strip below.
Your tax-deductible gift will go to continuing economic and community development in Deuel County. Consider it as a memorium, estate planning or a gift to give back. Take a look around DADi's website to see all that we're doing.
Maintaining the quality of life, thriving and sustaining what we do have within our county is very important. Your gift helps our communities thrive during a time when sustaining our rural landscape may be difficult. Deuel Area Development, Inc. is a 501 (c) 3 and donations you give are tax-deductible. Are you an Alumni of Deuel County? Please think about contributing, thank you.
Give the Gift of Grain or Livestock!
Give a gift that will keep on giving. Build the future of our community. Reduce Your Taxes. It’s easy!
For more information call Joan B. Sacrison, (605) 874-8038, Executive Director of Deuel Area Development, Inc. Deuel Area Development,Inc. is a non-profit corporation that exists to facilitate local and regional community and economic development in the Deuel County area.
How will my contribution be used?
- To invest in people.
- To invest in students.
- To support programs and services.
- To support projects.
Guidelines for Donating Grain:
- The producer should consult with his or her tax advisor to determine whether this gift is appropriate to their tax situation.
- Specific steps are required by the IRS to ensure intended tax benefits.
- The gift must be from unsold grain inventory – there can be no prior sale or pricing commitment.
- The grain must be physically delivered farm commodities.
- The grain cannot have a lien against it. If it does, a lien waiver from the lender is required.
- The producer should call Deuel Area Development to confirm the details and complete a gift letter prior to delivering the grain.
- We will communicate directly with the grain elevator to give instructions to sell the grain and disburse the proceeds.
Please visit with your tax accountant and/or attorney and consider this avenue this year. Thanks!
- For many cash basis producers, significant tax savings can be achieved by donating crops directly to DADi.
- The producer will not realize taxable income from a sale, thus minimizing taxes.
- The producer is still able to deduct the entire cost of production on Schedule F.
- Depending on the producer’s specific circumstances, savings may be realized on federal and state income tax and self-employment tax.