Fourteeners Forever Legacy Society
CFI’s Board of Directors recently set up the “Fourteeners Forever Legacy Society” to recognize farsighted individuals who have made legacy gifts to protect the 14ers for future generations to enjoy as we have. They set the goal that every Director will make an estate gift to CFI. Unless otherwise directed by a donor, the Board’s policy is that legacy gifts will be placed in CFI’s general endowment to fund on-going mountain stewardship work for decades to come. Read our new brochure to find out more about making your own legacy gift.
Fourteeners Forever Legacy Society Brochure
The following are examples of statements you or your attorney may wish to use as models in preparing a bequest or trust designation. It is always a good idea to share your plans with CFI’s development staff so we can be certain the language used will accurately reflect your wishes.
Colorado Fourteeners Initiative is a 501(c)3 tax-exempt organization. Our tax identification number is 84-1354844.
Outright Bequest – Unrestricted Use
“I bequeath to Colorado Fourteeners Initiative, a not-for-profit organization located in Golden, Colorado, (the sum of $______ or ___% of my estate) to be used to further its purposes at the discretion of the Colorado Fourteeners Initiative’s Board of Directors.”
Residual Bequest – Unrestricted Use
“I bequeath to Colorado Fourteeners Initiative, a not-for-profit organization located in Golden, Colorado, the balance of my estate once all other bequests, debts, taxes and expenses have been distributed to be used to further its purposes at the discretion of the Colorado Fourteeners Initiative’s Board of Directors.”
Contingent Bequest – Unrestricted Use
“In the event my spouse and children should pre-decease me, I hereby bequeath to Colorado Fourteeners Initiative, a not-for-profit organization located in Golden, Colorado, (the sum of $______ or ___% of my estate) to be used to further its purposes at the discretion of the Colorado Fourteeners Initiative’s Board of Directors.”
Outright Bequest – Restricted Use*
“I bequeath to Colorado Fourteeners Initiative, a not-for-profit organization located in Golden, Colorado, (the sum of $______ or ___% of my estate) to be used for _____________________. This bequest may be combined with the organization’s other funds for purposes of investment and reinvestment. If at any time in the judgment of the Board of Directors it is impractical or impossible to carry out this purpose, then the Board of Directors of Colorado Fourteeners Initiative may use this bequest for such other purposes as shall be determined by the Board of Directors to be consistent with my interests and intentions.”
*Note: Please be cautious about restricting your gift to a specific program, peak or purpose since future changes could make fulfilling your request difficult or even impossible.
If you have any questions about making a bequest in support of CFI’s work, please contact Lloyd Athearn or Brian Sargeant at (303) 278-7650.