Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: West

Walnut growers create endowment for Extension

UCANR WFP-UC-jarvis-shean.png
Kat Jarvis-Shean, UC Cooperative Extension orchard systems advisor, has tested environmentally safer pesticides and groundwater-friendly nutrient management practices in the Hrdys' walnut orchards.
The fund will provide as much as $100,000 per year for 'practical' research.

The University of California Division of Agriculture and Natural Resources (UC ANR) announced that Dan and Sarah Hrdy, owners of Citrona Farms LLC, a walnut farm in Winters, have established The Daniel & Sarah Hrdy Fund for UC Cooperative Extension Research. 

The fund will provide as much as $100,000 in seed funding for early-stage research projects each year for UC Cooperative Extension advisors and specialists, as well as their academic collaborators. Dan, a former clinical professor of medicine (infectious diseases) at UC Davis Medical Center, and Sarah, a professor emerita of anthropology at UC Davis, created the fund to express their appreciation for UC Cooperative Extension's practical yet cutting edge research. 

“Over the years, we have hosted a number of researchers from UC ANR, UC Davis and UC Berkeley studying topics related to sustainable agriculture, habitat restoration and wildlife conservation and have benefited both directly and indirectly from the UC Cooperative Extension network,” said Dan Hrdy. More than 20 years of UC research hosted at Citrona Farms is detailed on their website at www.citrona.com.

Research proposals will be selected by the leaders of UC ANR's Strategic Initiatives: Sustainable Food Systems; Endemic and Invasive Pests and Diseases; and Sustainable Natural Ecosystems.

Areas of special interest include: 

  • Sustainable Agriculture, with special regard to climate change
  • Interaction of Natural Ecosystems and Agriculture
  • Habitat Restoration and Conservation
  • Wildfire and Forest Restoration

Good timing

"The timing for this donation could not have been better as UC ANR is actively recruiting an extraordinary number of new UCCE advisors and specialists and support for their research is greatly appreciated," Wendy Powers, UC ANR associate vice president, said. “This is a great example of how local relationships build trust and support for UCCE efforts across the state."

The fund will be established with annual gifts as part of a payout from the donor's retirement account, along with a bequest that, when paid, will create a permanent endowment where the payouts will continue to fund this project.  The Hrdys hope to make others aware of this method of charitable giving.

"We were able to use required payouts from a retirement account to set up this gift,” said Dan Hrdy. “I hope more people will look into doing this to help support Cooperative Extension.”

Investors who must satisfy a required minimum distribution from their retirement accounts may consider a qualified charitable distribution (QCD), said Greg Gibbs, UC ANR executive director of Development Services.  

“A qualified charitable distribution is a direct transfer of funds from your IRA custodian, payable to a qualified charity, like the UC Regents/UC ANR,” Gibbs said. “Once you've reached age 72, the QCD amount counts toward your required minimum distribution for the year, up to an annual maximum of $100,000. It's not included in your gross income and does not count against the limits on deductions for charitable contributions.”

Source: University of California Division of Agriculture and Natural Resources, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
TAGS: Tree Nuts
Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish