In-Kind Donations

In-Kind Donations and Charitable Gifts of Real Estate

Services for Universities, Endowments and Non-Profits

Farmers National Company assists in facilitating the acceptance of

in-kind gifts of real estate and oil and gas properties through the following processes...

Accepting and Processing the Gift

� Develop gift acceptance policies

� Verify asset meets IRS guidelines

� Due diligence research

� Physical inspection

� Environmental risk study

� Verify evidence of clear title

� Appraisal - set value

Selling the Asset

� Auction or private sale

� Market analysis to determine listing price

� Prepare fact sheet brochure

� Conduct a professional marketing campaign

� Mail brochures to prospective buyers

� Negotiate sale terms

� Facilitate the closing

Accounting

� Process revenue and expenses

� Annual reports for income tax preparation

� Internet reporting available

� Ad Valorem tax payments

� Purchaser notifications

Administration

� Leasehold management

� Lease valuation and negotiation

� Operator selection

� Livestock and crop analysis

� Oil and gas production analysis

� Systematic property review and reporting

� Review insurance coverage

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Farmers National Company, an employee-owned company,

is the nation's largest farm management, real estate, and

mineral management firm with a focus on institutions.

Experience

� Since 1929, Farmers National Company (FNC) has managed and sold properties for institutions, banks, and individuals.

� We are proud of our long-term client relationships. Over 1,500 clients have been with FNC for 25 years and more than 300 clients have been with FNC for over 50 years.

� Our company has 150 employees plus 100 real estate agents.

� 1.2 million acres of real estate in 20 states are currently under FNC management by 65 professional farm managers.

� Our mineral management team includes 20 oil and gas professionals including Certified Mineral Managers, Division Order and Title Analysts, Petroleum Engineers and Certified Professional Landmen.

� FNC manages over 25,000 oil and gas properties in 32 states.

� FNC's real estate brokers represent clients in over 550 farm sales each year as well as agribusiness sales and rental house sales.

� Our State-Certified Appraisers can conduct valuation assignments nationwide.

� Additional services include commodity marketing, property insurance, consultations, and conservation and recreational services.

For more information on Farmers National Company and our services, please

contact Angie White at (630) 271-8122, or awhite@farmersnational.com.