Strengthening the Breed for Generations to Come
Formed on October 20, 2015, and recognized as a 501(c)(3) in spring 2017, the American Charolais Foundation (ACF) is dedicated to advancing the Charolais breed through research, development, and educational initiatives that benefit the beef cattle industry.
What We Do:
How to Contribute
Gifts of Money
The most common and simplest way to contribute. All gift sizes are welcome. The Foundation will send a thank you letter with the information needed to substantiate the deduction.
Bequest in Will or Trust
With the help of an advisor, a gift can be made to the American Charolais Foundation in your will or trust as part of your estate plan.
Direct Distribution from IRA
Most retirement plans, including 401k and IRA plans, do not charge income tax until the distribution of funds. Donors above the age of 70 1/2 may make charitable contributions directly from an individual retirement account (IRA) without incurring income taxes for the distribution.
Life Insurance or Retirement Plan Beneficiary
The beneficiary designation of your policies and plans determine where the proceeds will be distributed. The death proceeds of a life insurance policy are not typically transfered through your will and can be distributed to a charitable organization if listed as your beneficiary. Retirement assets make ideal gifts to tax-exempt organizations such as the ACF with eligibility to receive the full amount and not pay income taxes as the beneficiary.
Charitable Reminder or Lead Trusts
With a charitable remainder trust, the donor receives income from the assets of the trust for a period of time and at termination the remainder of the property will be transferred to the charitable organization. With a charitable lead trust, the charitable organization receives income for a period of time and at termination of the trust the remainder passes back to the donor.
Scholarships Available
ACF Veterinary/Medical Student Professional Scholarship
Russell W. Ludeke – Harold Christopher Truax II Memorial Award applications can be found below. Completed applications must be postmarked to the ACF office on or before September 1
Eligible applicants for this $4,000 veterinary or medical student professional scholarship must be enrolled in an accredited veterinary medicine or medical institution and be or have relation to an American-International Charolais Association member. Application evaluation criteria includes academic excellence, financial need, leadership and interest in the cattle industry.
About the Russell W. Ludeke – Harold Christopher Truax II Memorial Award
With an initial gift from QuestMark Information Management, Inc., Charolais breeders Larry and Beth Ludeke of Bar J Charolais, Liverpool, Texas and the Evelyn Gay Duhon Family of JVS Cattle Co., Sulphur, Louisiana, seek to provide professional awards annually to those impacted by the Charolais breed.
Board of Trustees
Larry Ludeke - President
Liverpool, TX
(832) 439-4666
Ray Franz
Sidney, MT
(406) 798-3675
Michael Schumacher
Bowling Green, MO
(573) 324-2528
Rod Smith
Sulphur, LA
(337) 274-0552
J. Robert Tibbs, Jr
Havre de Grace, MD
(410) 734-6873
Brett Spader - AICA Executive Vice President
816-464-2474 ext 101