In the Summer of 2010, the Huskers launched an innovative program that pairs farmers with the Athletic Department. With agreements between Nebraska Athletics and large grain elevators in Aurora, Dorchester, Edison, Hastings, O’Neill, and York, as well as other small independent elevators in Beatrice, Brainard, Elmwood, and Waverly, elevator managers are authorized to designate portions of a farmer’s grain yield as a donation to Nebraska’s Athletic Department.
Here’s how Cornhusker Cooperative works:
For producers who wish to gift a quantity of corn, beans, wheat, or other crops for the Cornhusker Cooperative program, specific steps must be taken with the elevator manager to ensure that the gift will be respected as a gift of grain and will not be considered a sale of the grain followed by a gift of the cash sale proceeds. The producer will sign a bill of sale and work with the elevator manager to request a lien waiver if the grain value is $10,000 or more. The elevator manager must contact Chet Poehling at the University of Nebraska Foundation at email@example.com or (402) 458-1163 who will order the immediate sale of the grain.
With the first transaction, the farmer becomes a member of the statewide Cornhusker Cooperative. That qualifies the farmer for special considerations in Nebraska Athletics and provides them the satisfaction of helping Nebraska’s storied Walk-On Program.
For more information, contact: Jack Pierce / 402-658-5225.
You may print a copy of the Bill of Sale and the Lien Waiver and Release Form by clicking these links.