Like you, Boys Ranch is adapting and changing in response to the COVID-19 pandemic. As we all adapt, new rules enacted for the 2020 tax year for charitable giving allow you to deduct cash contributions to Boys Ranch to offset up to 100% of your income.
A lifelong businessman, Leonard Daniel knows the value of hard work, and that a good work ethic starts at a young age. He knows it takes discipline, structure and the love of Christ to be successful, and that’s something he values in Cal Farley’s Boys Ranch.
A difficult part in planning for retirement is knowing what you’re planning for: how much will you need? When will you need it? Given these unknowns, a deferred charitable gift annuity provides some interesting options.
The gift annuity is an arrangement where you make a contribution to Cal Farley’s Boys Ranch and receive, in turn, guaranteed payments for life. It’s a way to make a substantial gift even though you may need ongoing cash flow from your assets.
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