A Family Committed to Colorado College
Once referred to as the couple that walked the most miles on campus holding hands, Jim and Kathy (Vigil) Deichen are still strongly linked to each other and to Colorado College.
It all began when the two members of the class of 1976 met during their first freshman block. Both became involved in campus life: Kathy as president of her sorority, and Jim with the basketball team and coaching Kathy's intramural softball and basketball teams. They studied hard as political science and economics majors. Professors like Walt Hecox, Tim Fuller and Ray Werner challenged them and prepared them for an unknown future—and in doing so, made lasting impressions on them.
A Time to Give Back
Well prepared to write and communicate clearly as well as think critically, the two went on to earn their MBA degrees at Northwestern University and move into successful careers. Jim went into banking and Kathy into marketing consulting. It was time to give back, and Colorado College was at the top of their list. And it has stayed on the list for three decades. In fact, the Deichens have made a gift to CC essentially every year for the last 30 years! They know that annual gifts are vital to the economic engine at CC—enhancing programs and assisting with the daily operations of the college. Perhaps most significantly though, is that every student and every professor benefits from annual gifts.
As time went on, something else felt right—to make their annual gift with stock. The Deichens' annual gifts over the last 10 years have all been made with appreciated stock. Why with stock? Jim and Kathy find it to be tax-efficient, and it allows them to be more generous than if they just wrote a check.
Carry On the Tradition
Jim and Kathy's expanding link and commitment to the college have grown to include their three children, who have all attended CC. Kendall graduated in 2006 and is currently pursuing a master's degree in counseling; Troy just received his degree in May and works in banking; and Jordan is exploring creative writing and will graduate in 2012. Today, Kathy runs a theater production company with a board of directors composed mostly of former CC classmates, and Jim serves as a guest lecturer in the economics department. No doubt, a family love affair to continue for many years to come!
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.