John and Barbara Hencken have been supporters of Cal Farley’s Boys Ranch since 2010. Though they’ve never found the opportunity to visit Boys Ranch in person, the Henckens share common ideologies with Boys Ranch, from our practice of leading by example and modeling appropriate behaviors in a child’s everyday life all the way to our use of equine therapy.
Although nearly half of Americans hold securities like stocks, bonds or mutual fund shares, many do not realize they can give those securities directly to a charitable organization instead of giving cash. Using securities can be an excellent way to accomplish your philanthropic goals while receiving tax benefits and conserving cash for other purposes.
Those with an IRA who have reached age 70½ are familiar with the required minimum distributions (RMDs) — the amount withdrawn annually based on the owner’s age and the account value. Many have discovered RMDs are a tax-wise way to support our boys and girls in our care.
Charitable gifts included as part of your long-range estate and financial plans can offer a wonderful way to provide lasting support to Boys Ranch and other charities you care about. You can make a “gift of a lifetime” through your charitable legacy.