INVESTMENTS SUPPORTED FOOD SECURITY, DISASTER RELIEF AND AGRICULTURE’S NEXT GENERATION
Santa Rosa, Calif., (Oct. 25, 2022) – Communities across American AgCredit’s seven-state territory received assistance and support last year from the Association through nearly $1.8 million in donations, sponsorships, scholarships, volunteer hours and special programs focused on feeding people, today and tomorrow.
“Supporting our customers who produce the food the world eats, and our neighbors in communities where we work and live, is our purpose,” said Jeana Hultquist, American AgCredit vice president of legislative affairs and community impact lead. “Our investment in local communities reflects this purpose. Last year, we worked with 100 non-profit partners, donated 858 volunteer hours, and provided $580,000 to food access organizations that resulted in 1,795,500 meals for people.”
Together, agriculture and food banks work to feed the hungry and malnourished in our communities. American AgCredit’s giving focuses on local food banks, nutrition educators, and other hunger relief organizations. At Manna House Food Pantry, American AgCredit’s contributions increased purchased opportunities so that the pantry and its partners could provide food assistance to someone in need more than 945,000 times last year.
According to Hultquist, American AgCredit also focuses on investing in the future of feeding people – the next generation of agriculture: young, beginning, and small farmers. American AgCredit provides short-term, interest free funds to Future Farmers of America (FFA) & 4-H students involved in animal projects, and also provides specialty lending programs for young, beginning, and small famers and emerging market producers that give them access to financing that would otherwise not be available.
“Agriculture is a complex and dynamic business,” said Hultquist. “To support the young, beginning and small farmers and ranchers who are the future of our industry, we need to invest in their knowledge.”
American AgCredit supports this knowledge growth through youth agriculture programs, college scholarships and initiatives like GoFarm Hawaii, a farmer training program at the University of Hawaii at Mānoa, College of Tropical Agriculture and Human Resources (CTAHR). American AgCredit’s support will help GoFarm Hawaii graduates grow their agricultural businesses, which enhances food security, provides local fresh food, and supports economic growth in the islands.
In addition to proactive community support and investment in the future of agriculture, American AgCredit supports customers and communities in need. In 2021, a wildfire roared through Kansas, hurricane Nicholas pummeled southeast Texas, and a tornado left a path of destruction through Kentucky and Tennessee. American AgCredit donated $70,000 to support disaster recovery efforts in impacted communities last year, helping our customers and those communities rebuild.
To learn more about how local communities benefit from American AgCredit’s investments, visit https://www.agloan.com/wp-content/uploads/2022/10/Community-Impact-Report-2021.pdf.
ABOUT AMERICAN AGCREDIT
American AgCredit was chartered in 1916 as part of the nationwide Farm Credit System and is the nation’s fourth-largest Farm Credit association. American AgCredit specializes in providing financial services to agricultural and rural customers in California, Colorado, Hawaii, Kansas, New Mexico, Nevada and Oklahoma, and serves capital market customers throughout the United States.
American AgCredit’s financial services include production and mortgage financing, equipment and vehicle leasing, crop and life insurance, lines of credit, and the Young, Beginning and Small Farmer Program. American AgCredit also provides interest-free loans for qualifying 4-H and FFA AgYouth programs, and college scholarships to students interested in agriculture. Learn more at AgLoan.com.
For more information:
Chris Carter, Media Relations, American AgCredit