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Invest in Our Future

Endowed Gifts

Endowed gifts make a difference for Colorado College today and ensure CC's vitality in perpetuity. Endowments can provide support for scholarships, professorships, research, the library, and other academic programs and operations. The market value of Colorado College's endowment is currently $680 million and spendable income from endowed funds provides approximately 17 percent of CC’s operating budget.

The endowment investment portfolio ended the fiscal year on June 30, 2014, with a 17.7 percent net return. During the last 20 years, the college endowment has earned an average of 10.6 percent. These healthy average returns have allowed the college to provide an annual payout equal to 5 percent of the calculated value of each endowment, while also maintaining the inflation-adjusted value of the endowment.

Making an Impact

Jordyn Watts
 

Half a world away from Colorado Springs in New Zealand, Peggy Cayton talks eagerly about her late parents, Jay '52 and Betty Cayton — and Jordyn Watts '15, who is finishing her senior year at Colorado College.

The common thread that links Peggy, her parents, and Jordyn is the Jay D. Cayton, 1952 and Betty G. (Saunders) Cayton Endowed Scholarship, which Jordyn was awarded when she enrolled at CC in 2011.

Read More.

Learn How to Fund It

You can create an endowed gift using the following assets:

Next Steps

  1. Seek the advice of your financial or legal advisor.
  2. Contact Stephany Marreel, director of gift planning at (719) 389-6231 or stephany.marreel@coloradocollege.edu to discuss endowed gifts.
  3. If you include CC in your plans, please use our legal name and Federal Tax ID.

Legal Name: Colorado College
Address: 14 East Cache La Poudre St., Colorado Springs, CO 80903
Federal Tax ID Number: #84-0402510

Ready to start paying it forward? View and download your free copy of Endowments: A Gift That Lasts Forever.View Your Brochure
Ensure Your Future Is Secure.Download Your Personal Estate Planning Kit

A charitable bequest is one or two sentences in your will or living trust that leave to Colorado College a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state, ZIP], give, devise and bequeath to The Colorado College, City of Colorado Springs, County of El Paso, State of Colorado, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

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able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to CC or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to CC as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to CC as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and CC where you agree to make a gift to CC and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Deferred Gift Annuity

You can defer your payments until a later date that you specify.

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Flexible Deferred Gift Annuity

You choose a time range in which to begin receiving payments.

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Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.