Receiving Donations of Grain

What do you think of the idea a farmer giving grain to a church instead of cash? What are the pros and cons of doing such a thing?

Pros

  • Taxes: Reduces tax bill. Where charitable contributions (cash donations) just reduce your income tax…if you itemize, grain contributions reduce income tax AND self-employment taxes.
  • Maximize Giving: Because of the tax savings, the church can receive a greater share of the gift…without having to share it with the IRS.
  • Giving and Work: I always wondered how you tithe on farm income. It’s complex, unpredictable, and sometimes negative. For me, I tithe right from my salary. I like seeing the paycheck and tithe hit my checking account on the same day. Donating grain or pledging the harvest of a number of acres would be similar for a farmer. As the LORD blesses your harvest, you can bless His work through the church.

Cons – ?? I’m not sure what the downside is.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: