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Share Your Harvest With a Gift of Grain

With today's high prices and positive economic outlook for the commodity markets, a charitable gift of grain to KU Endowment to benefit the university is a timely tax-wise option.

When you transfer legal ownership of a commodity to a charitable organization such as KU Endowment before it is sold, significant tax savings can be achieved. You avoid having to include the commodity in your income, thus reducing your income taxes. In addition, you may deduct the production costs of the commodity such as fertilizer or irrigation, which results in saving self-employment tax, state income tax and federal income tax.

Complete Your Gift in Five Simple Steps

  1. Inform Andy Morrison at (785) 832-7327 or amorrison@kuendowment.org or Kristin Shore at (785) 832-7341 or kshore@kuendowment.org that you intend to make a gift of grain and we'll provide you with a pledge form.
  2. Indicate on your form the quantity and type of grain being contributed and return the form to us.
  3. Deliver the grain to your local elevator or co-op.
  4. Request that a storage receipt be issued in the name of KU Endowment and that the contract to sell the grain be sent to us for signature.
  5. The check for the sale of the grain will be issued directly to KU Endowment.

Consult your tax or legal professional prior to making your gift to determine the most effective way to manage your taxes and support the University of Kansas.

Contact Us

Andy Morrison

Andy Morrison
Assistant Vice President,
Gift Planning

Phone: (785) 832-7327
Fax: (785) 832-7493
P.O. Box 928
Lawrence, KS 66044-0928

Email: amorrison@kuendowment.org

Kristin Shore

Kristin Shore
Associate Development Director,
Gift Planning

Phone: (785) 832-7341
Fax: (785) 832-7493
P.O. Box 928
Lawrence, KS 66044-0928

Email: kshore@kuendowment.org