Bushels For Care

Benefits of Gifting Grain

Gifts of grain are a unique and underutilized way to make a charitable gift. Using grain to make a gift to OSF HealthCare can be a wonderful way to invest in the future of healthcare, right here, in your community, while achieving tax savings.

For farm operators, gifting grain directly, rather than selling the grain and making a gift from the proceeds, may provide a more significant tax savings. Contributing grain allows you to avoid the sale of the commodity as income, while the production costs may still be deductible. Reducing taxable income may provide advantages such as minimizing or eliminating self-employment tax and reducing adjusted gross income.

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