Those in the Washington, D.C., area recently have been viewing a new educational an advertisement, which mentions NGFA, on cable television networks (including CNBC).
The commercial, which airs only in the D.C. metro area, was paid in part by a $20,000 donation from the National Grain and Feed Foundation to the Waterways Council Inc. (WCI). It’s part of WCI’s outreach to support the U.S. agriculture industry and create a stronger American economy by educating lawmakers on the importance of waterways transportation to agricultural producers and agribusinesses.
For the Foundation, it is just one of many research and education projects that provide broad industry-wide benefits.
Recent projects supported by the Foundation include:
- Porcine Epidemic Diarrhea Virus (PEDV): The Foundation donated $60,000 to the National Pork Board, which was used to pursue feed-related research on the devastating PEDV occurrences that infected U.S. swine herds.
- Conservation Reserve Program: The Foundation funded a major study of economic impacts of the Conservation Reserve Program on small towns/rural communities and on the general economy that helped reshape U.S. farm policy.
- Regional Safety Seminars: The Foundation provides ongoing support for Safety Seminars that are co-sponsored by the NGFA and state/regional affiliate associations.
- Venting Standards: The Foundation supported an analysis of the National Fire Protection Association’s bin venting recommendations and real-world/economic impacts on the industry.
The Foundation is led by trustees, who carefully review prospective projects such as those above — many of which are recommended by NGFA committees. Resources are managed carefully to ensure maximum benefit in return for the Foundation’s investment. Only those projects judged to have a high probability of making a significant positive contribution to the industry, its employees and the industry’s future are funded and undertaken.
How to Help
The Foundation will continue to play a key role in the industry’s future success. To that end, NGFA is looking to develop a broader and deeper contributor pool that can support the Foundation by making donations of:
- Cash: This is the most common type of Foundation gift. In fact, donations can now be made online.
- Real property: The Foundation may accept gifts of property like real estate or appreciated stock.
- Bequests: Industry friends may wish to recognize the Foundation and its important work when doing their estate planning.
The Foundation relies on corporate and individual contributions to undertake projects like those listed above. Importantly, every dollar donated to the Foundation goes directly to research and education; all administrative costs are borne by NGFA, not the Foundation. In addition, as a Section 501(c)(3) organization, all donations to the Foundation are fully tax deductible.
For additional information, see more on the Foundation at ngfa.org/foundation.