This is a simple, convenient way to donate money, securities or property directly to the Farm Rescue Foundation. Donors may receive the maximum tax deduction allowed by law.
A special consideration is the gift of appreciated property. Rather than sell an appreciated stock or other asset, transfer it directly to the Farm Rescue Foundation and take an immediate tax deduction for the full value of the asset and avoid capital gains taxes on the appreciation.
In order for your gift to be considered legally sound, you must attach the following legal statement with your gift:
“I give, devise, and bequeath to the ‘Farm Rescue Foundation,’ an IRS designated 501(c)3 nonprofit charitable corporation, located in Horace, North Dakota, the sum of $________(or a description of the specific asset), for its general purposes.”