Dean and Sandra Carlson
The Carlsons Enjoy the Fruits of Their Legacy Now
Dean and Sandra Carlson owned a farm that generated income that they were not dependent on. Based on Dean’s own experience with FFA, they wanted to do something to put the farm to better use. After talking it over with their five children, who heartily approved, the Carlsons decided to use the farm to make a gift of real property to the National FFA Foundation.
The Foundation sold the farm, and used the proceeds to create a scholarship endowment that will exist in perpetuity to serve students from FFA chapters and counties in and around Calhoun County, Iowa.
Three students each year who are bound for agricultural or business study at Iowa State University or other Iowa colleges earn the Dean Carlson Honorary Scholarship.
The best part from the Carlsons’ point of view is that they are able to watch their gift in action as they meet the students each year.
“It feels good and we enjoy it,” said Dean Carlson. We are so impressed with these kids.
Twelve students have received the scholarship so far. I would encourage people who are thinking of making charitable gifts through bequests to consider doing it now, while they are still around to see the results.”
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.