A Gift of Grain is a Gift for Life

A grain of soybeans or corn is but a seed, a small kernel of life. When the seeds are amassed they become bushels of life-sustaining food for families across the world. When the grain is gifted to a charitable organization like Grinnell Regional Medical Center, it can save lives.

The Benefits of Giving Grain

Gifting grain to GRMC is a creative way to support quality, compassionate healthcare, while at the same time providing donors with favorable tax benefits. Gifts of grain avoid taxes yet retain 100 percent of the value to a charitable contribution. It’s a win-win situation for everyone involved.

How Is a Gift of Grain Done?

Donors considering making a gift of grain are encouraged to consult their tax adviser and the Office of Communications and Development at GRMC, 641-236-2589.

To finalize the gift, donors simply deliver the grain to the grain elevator or notify elevator employees if the grain is in storage. Donors then request the grain be transferred to GRMC by instructing the elevator staff to make the warehouse or storage receipt out to GRMC. Notify GRMC’s Office of Communications and Development prior to the transaction.

Gifts of grain may be used to make outright gifts or gifts with reserved life income, such as gift annuities or charitable remainder trusts.

A gift of grain is truly a gift of life that benefits not only the donor, but also thousands of patients at GRMC.