Gifts Grain and Livestock
Donating your farm interests, including land, grain, machinery, livestock and your farm, is an easy and tax-effective way for you to make a gift to The Salvation Army - Kansas and Western Missouri Division.
Benefits of gifts of farm interests
- Avoid paying capital gains tax on the sale of appreciated assets.
- Receive a charitable income tax deduction and possible income.
- Further our mission today.
How to make a gift of your farm interests
Your farm interests may be given to The Salvation Army - Kansas and Western Missouri Division by executing or signing a deed transferring ownership. You may transfer part or all of your farm assets to The Salvation Army - Kansas and Western Missouri Division. Please contact us to discuss the gift and deductibility of your unique assets.
Mortgaged Property - Please contact us if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction.
Difficult Property Gifts - Certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of assets. Please check with us before making a gift of your farm interest so we can explain our gift acceptance policies.
Capital Gains Tax - Check with us on the capital gains tax implications of your gift. You may also be interested in life income options.
If you have any questions about gifts of farm interests, please contact us. We would be happy to assist you.