Donate or GIVE the gift of GRAIN or LIVESTOCK
Donate to Deuel Area Development by clicking on the button 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.
Maintaining the quality of life and maintaining 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.
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.