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How to ensure your love of agriculture can make a lasting difference  John Shostak

We are proud to honor those Farm Bureau members whose love of agriculture inspired them to support the Kansas Farm Bureau Foundation for Agriculture with a planned gift. Their contributions are one of many ways that will help make a lasting, positive difference in Kansas agriculture.

Permanently Endowed Funds

By creating permanently endowed funds, Farm Bureau members who make major gift donations not only provide the financial support necessary to implement programs that are beneficial to the long term success of Kansas agriculture but also make sure the member’s desired long-term goals remain a priority for generations to come.

A couple of examples of permanently endowed funds that Farm Bureau members have created include:

·         A Scholarship Fund that provides an annual scholarship to help an agriculture student attain a degree in agriculture economics at Kansas State University.

·         A Scholarship Fund that provides an annual scholarship to an agriculture student who’s major is in an area of study which contributes to the development of environmentally friendly farming techniques and processes.

·         An Agriculture Education Fund designed to support programs and activities that support the general promotion of farming practices that are friendly to the environment.

Donors to these funds also have the opportunity to name the fund either as a tribute to or in memory of a beloved family member or friend.

While a major gift has the advantage of providing an immediate benefit, sometimes making a major gift is not a practical option. As a result, Farm Bureau members can also provide enduring financial support by naming the KFB Foundation for Agriculture as a beneficiary in their will, trust, life insurance or annuity contract, retirement plan, and investment or bank account. The process is quick and easy. We recommend that you discuss these options with your professional advisors.

Proper name and charitable status: Important information for your professional advisors

The proper name to use for a beneficiary designation in a will, trust, life insurance or annuity contract, retirement plan, and investment or bank account is, "The KFB Foundations, Inc." The KFB Foundations is a tax-exempt organization under Section170 of the Internal Revenue Code and accompanying regulations.

Your love of agriculture and its unique lifestyle can and will make a lasting difference, and become a tribute to your awareness and understanding of the value agriculture brings to the world. We appreciate the magnitude of the decisions you're making at this time, and we value your support as well. Thank you for your consideration and support of our mission and agriculture education and leadership development programs.

If you have additional questions about the next steps to take, please contact us and we'll be happy to help at no cost or obligation.

For additional information, contact:

John Shostak, Director
The KFB Foundation for Agriculture
2627 KFB Plaza
Manhattan, KS 66503
Phone and voice messages 866-506-0991
e-mail
shostakj@kfb.org
Internet www.kfb.org/foundationforagriculture


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Kansas Farm Bureau, 2627 KFB Plaza, Manhattan, Kansas 66503 - 785.587.6000