Alumni Keep Colorado College Close to Their Hearts and Lives

Julie and Preston Sargent with their son Blair

Julie and Preston with their son, Blair, at his graduation from CC in May 2010.

When Julie Johnson and Preston Sargent headed to Colorado College in the fall of 1975 for their freshman year, they had no idea how significant that first room assignment would be.

Julie came from Chicago and Preston from New Jersey. Mathias Hall was the campus destination for both. As it turns out, Preston had to walk through Julie's wing to get to his room on "2-east," so they had many opportunities to become acquainted. Smart kids—it didn't take long to find out they had a lot in common.

Preston took the next year off to ski-bum and travel while Julie continued her studies at CC. But that didn't mean total separation. Julie visited Preston in Vail to ski and their friendship continued to grow (you might say snowballed—Ha-ha). Preston returned to CC in the fall of 1977 and the rest, as they say, was history.

Their college memories are similar to other alumni of those days at CC. They loved the Block Plan and studied hard as political science and economics majors, enjoying classes and professors (like Ray Werner) that influenced them deeply. They attended hockey games, played Frisbee and softball in the quad while music blared across the campus, skied and participated in Greek life.

Well prepared to write and communicate clearly and think critically, the two went on to their next adventures. For Preston that meant law school and a career in real estate investments/advisory. Julie headed onto graduate school and a career in the executive search field. It also included having a family—a son and two daughters. Today, Julie and Preston live in the Seattle area.

Giving Back and Looking Forward
Through it all, CC has remained a constant in their lives, including keeping up to date on the latest news, following the hockey team's successes, planning and attending reunions, CC events in Seattle, and interviewing prospective students for CC. It even included sending one of their children (son, Blair) to their alma mater. Blair graduated with a degree in mathematical economics in 2010.

They have a busy life, with many family, career and community obligations. But Julie and Preston have also made a point to always remember Colorado College in their philanthropy. "CC has played a critical role in who I am and in my life so it only seems natural that I would want to give back," Preston says. In addition to making annual gifts and being members of the President's Circle, the Sargents have included CC in their estate plan, making them members of the Barnes Society.

"We certainly hope this gift is still a ways out, but we're aware of the importance of thinking through issues around retirement. It seems only prudent to consider how philanthropy fits into our overall estate planning," Julie says. "There's no reason not to commit early to supporting the next generation of CC students, especially when you know your feelings won't change."

Learn how you can leave a legacy at CC.

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."


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.


Flexible Deferred Gift Annuity

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


Personal Estate Planning Kit Request Form

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

eBrochure Request Form

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