Your generosity can make an FFA leadership development opportunity or Career Development Event possible. Sponsorships are a great way to support an important cause while promoting your message to Kentucky FFA members. Contact us today to learn more.
For farm operators, gifting grain, or any other farm commodity, directly, rather than selling the commodity and making a gift from the proceeds, may provide a more significant tax savings. Contributing grain allows you to avoid the sale of the commodity as income, while the production costs may still be deductible. Reducing taxable income may provide advantages such as minimizing or eliminating
self-employment tax and reducing adjusted gross income.
To make a commodity gift to the Kentucky FFA Foundation, please let us know that you intend to make a donation before the sale. The KY FFA Foundation will then set up an account at the elevator or stockyards of your choice. A farmer would then simply put the commodity in the name of the Kentucky FFA Foundation before the sale.
A $100 annual commitment for ten years makes a lasting impact to the cause of your choice. As a Century Club member, your gift will be acknowledged in our State Convention Programs, Sponsors Banquet Programs, and you will receive a blue corduroy banner, along with regular correspondence from the KY FFA Foundation, keeping you connected to the latest happenings of FFA in Kentucky.
Century Club donations may be designated for one of the following categories: State Officer Expenses, FFA Camp Scholarships, FFA Jacket Scholarships, or Kentucky FFA’s Greatest Need.
Century Club donations can be made annually by check or monthly by bank draft.
Making a major or planned gift to the Kentucky FFA Foundation is a way to make a difference in the lives of young people for generations to come. These gifts are all unique and customized to suit a donor’s needs and wishes. If you’re considering making a major or planned gift to Kentucky FFA, we would love to discuss your options.
Establish an FFA endowment with a minimum contribution of $10,000. You can name the endowment and designate how the money should be used. The Kentucky FFA Foundation will use the annual interest earned on your contribution.
Many planned giving options are available through the Kentucky FFA Foundation. Giving options provide exceptional planning strategies and flexibility and may minimize tax implications.
Securities: A gift of appreciated stock eliminates any capital gains tax and allow you to claim an income-tax deduction based on the full market value of long term securities regardless of their original cost.
Real Estate: Donate a house, vacation home, farm, ranch, or any other dwelling, commercial property, or undeveloped land you no longer wish to own.
Estate Planning and Bequests: Contribute to the Kentucky FFA Foundation by including FFA in your will or estate plan. You may fund such a gift with cash, marketable securities, real estate, a trust, life insurance, annuities, tangible property or closely held stock.
Are you interested in helping the Kentucky /FFA Foundation but feel overwhelmed by the thought of writing another check or giving up your assets today? A bequest is a simple and convenient way to ensure we continue our mission for years to come.
You can make a bequest for a specific dollar amount or for a percentage of your estate. You can designate your bequest for general use, or you can restrict its use. Many individuals establish endowments that honor the memory of a family member or another loved one. These endowments live forever since only the income is used annually. Because a will is an important legal document, you should seek an attorney's help. For questions or more specific language please call Sheldon McKinney at (606) 782-4620, or send her an e-mail to email@example.com. To assist you with this important process, we offer some suggested bequest wording for you to share with your advisors:
“I [name] give, devise, and bequeath to the Kentucky FFA Foundation, a nonprofit organization located in Frankfort, Kentucky, (sum of/percentage of/residue of my estate) as an unrestricted gift to be used at the discretion of the board of directors of the National FFA Foundation for the general purposes of the Kentucky FFA Foundation, located in Frankfort, Kentucky.”