CFBC Welcomes First Farmers Bank And Trust With New Community Impact Fund

The Community Foundation of Boone County (CFBC) is excited to announce that First Farmers Bank and Trust (FFBT) established a new community impact fund, First Farmers Fund for the Future of Boone County. The fund will support the changing needs of Boone County and will exist as a way to empower local residents to support the Boone County community in a variety of donation ways. Community Impact funds are crucial for CFBC, enabling it to allocate resources where they are most needed, like education, health and wellness, and community connectivity. This newly created fund will provide vital resources to support community initiatives and projects throughout Boone County, offering the flexibility to respond to emerging needs and opportunities. One unique way local farmers can contribute to this fund is through gifts of grain. Donating grain directly to the Community Foundation provides a meaningful opportunity for farmers to give back to their community while also receiving potential tax benefits. By donating crops rather than selling them and then contributing the proceeds, farmers can often reduce their taxable income. These gifts of grain play a vital role in supporting Boone County’s future, ensuring that the agricultural community has a direct hand in strengthening local initiatives through the new First Farmers Fund for the Future of Boone County. For more information about the CFBC or to learn how to contribute to the new fund, please visit our website at www.communityfoundationbc.org or contact CFBC directly at (765) 482-0024.