Burgess Receives Fourth Gift of Grain

The Burgess Foundation is honored to receive its fourth Gift of Grain donation since the inception of the program in 2021.

Burgess Health Center is a proud supporter of our community and our agricultural producers who we rely on to help keep our small towns thriving. With planting season being right around the corner. We want to make our agricultural community aware of the benefits not just on donating to the Burgess Foundation, but simple ways they can make a lasting difference.

Sam and Susan Johnson of Moorhead, IA recently donated the Gift of Grain to the Burgess Foundation.
“We want to encourage others to donate and see just how easy it is!” said Susan. “Burgess Health Center and the Foundation do so much for our communities and this was the perfect opportunity to give back by donating a Gift of Grain. It’s also a great way to save on your taxes!”

National Agricultural Week is celebrated every year in the month of March. This year it is celebrated this week, March 19 – 25.

“Agricultural Week is about appreciating the impact agriculture has on our daily lives,” said Bobbi Johnson, Burgess Foundation Director. “Donating grain is a simple yet valuable way to support growing the future of Burgess and the communities we serve. Through the Gift of Grain farmers are able to donate their own bushels they grow instead of a monetary donation.”

Donating grain is an easy way to save on your taxes while investing in the future of Burgess at the same time. This can be done by providing a part of what you have grown into the Burgess Foundation.  A Foundation that gives back to your own community by investing in updated medical technology, equipment, and resources that help to keep Burgess providing the best patient care possible.

The Benefits on Donating Grain

If the farmer chooses to donate grain, the farmer can then exclude the grain sale from income. Which can result in saving on your taxes. Here are some examples on how much you can save.

  • State income tax savings (up to 8.98% in Iowa)
  • Self-employment tax savings (15.3%)
  • Federal Tax income savings (up to 37%)

How can you donate?

The best way to start is contacting Bobbi Johnson, Burgess Foundation Director, at (712) 423-9374.

Keep a copy for your records. This should be unsold crop with no prior sale commitment.

Transfer the grain as a gift to the Burgess Foundation. Your elevator can send a warehouse storage receipt to the Foundation. The grain should be put in the name of the Burgess Foundation. The Foundation will then sell the grain and receive the proceeds.

Please consider consulting with a tax professional before donating to make sure this is the right choice for you. Remember, no gift is too small.