Why Old MacDonald Gave His Farm
Tax-Wise Giving of Farmland, Commodities and Equipment
Old MacDonald had a farm – but now he’s ready to make a change.
Rather than selling it all and facing a hefty tax bill, he’d like to donate his land, commodities and equipment to ministry. Why? Because Farmer MacDonald knows he can save taxes AND have tremendous Kingdom impact!
When it comes to tax-wise giving, farmers have a wide variety of smart and powerful options.
By giving real estate, equipment and other non-cash assets prior to the sale, you can reduce your taxable income and increase your giving potential. In the case of commodities, you might even be able to claim a business deduction for the production costs (such as animal feed, fertilizer or irrigation), regardless of whether those costs occurred in the current year or prior years.
And the Steward’s Fund, a Christian donor-advised fund, makes this process simple! Give real estate, commodities and other assets into a single charitable account, and then recommend grants to your favorite charities at a time that works best for you.
So, take a cue from Old MacDonald. Before you sell the farm, consider how you might reap big savings while sowing seeds for the Kingdom.
It’s strategic, impactful giving that will have you singing a happy tune.
Interested in giving farmland, commodities or other non-cash assets to ministry? We’d love to tell you more!
Learn More: Stewards Fund (Christian Donor-Advised Fund)
Email info@BarnabasFoundation.org or call 888.448.3040.
—
This content is written as part of Generosity Today (2025, Issue 2).