Leave the checkbooks at home! Cash basis farmers who donate grain in lieu of cash to local charities can exclude the sale of grain from their taxable income, thus creating a potential tax savings. If the charity of your choosing is set up with an account with the Garden City Co-op, you will need to: 1)Indicate how many bushels you want to transfer to your charity 2)Give the charity a copy of the transfer with the information on how many bushels were transferred to their account. 3)The charity receives 100% ownership and risk of the grain including storage and market price fluctuations. 4)The charity needs to call the Garden City Co-op when they want to sell their grain. Please consult with your tax advisor regarding your own personal tax situation.