2017 Iowa Hunger Directory 2017 Edition | Page 52

Underused Tax Credit Rewards Iowa’s Growers for Fresh Food Donations April 14, 2015 An underutilized state tax incentive helps growers maximize their contributions to participating food banks and pantries, giving the gift of fresh and healthy food to Iowans who need it most. The Farm to Food Tax Donation Credit allows taxpayers to receive a 15% tax credit, up to $5,000, in return for fresh produce, meat, and other wholesome food items donated during the tax year. The Drake University Agricultural Law Center has prepared a set of documents, available at www.law.drake.edu/aglaw, to help producers and food organizations understand and use the Farm to Food Donation Tax Credit. For more information, please contact Mr. Aaron Jaco at [email protected] or 515-779-0526. Page | 51