We’re off and running for 2020!
The market’s growth along with our continued conservative investment approach has found us approaching $2 million in assets…not bad for an organization that started with a mere $5,000 donation.
As we reflect on last year’s activities, we are proud to report that the Foundation continues to support Cancer League Funds Allocation Committee with donations for Cancer research grants, service grants to support cancer patients and donations to the University of Colorado Cancer Centers annual summer intern program.
The Foundation’s Board approved a moderate change in the Investment policy that allowed UBS, our Financial Advisor, to reallocate assets positioning us to benefit.
The Foundation’s Board would like to extend a heartfelt THANK YOU to all of the members of the Endowment of Hope for their contributions and continued support of Cancer League and the Foundation. Without your trust and support we would not be where we are today.
Do you want to support Cancer League of Colorado Foundation? It’s easy.
1. Be the Foundations advocate, and tell your family and friends about Cancer League and the Foundation.
2. Remember the Foundation when talking to your Financial Advisor and Estate Planner.
3. Designate the Foundation as a beneficiary to your IRA or Retirement plan.
4. Even simpler, make a direction donation to the Foundation.
The Foundation Board would like to express gratitude for the many volunteers that contribute time, energy and support for Cancer League of Colorado and we are looking forward to Cancer League’s big, upcoming anniversary.
Please remember to contact your accountant or financial advisor about your estate planning goals. More information about the Foundation can be found at bottom of this page.
Our Foundation was established in 1997 as a means to create a permanent charitable endowment for Cancer League.
As an all-volunteer organization, Cancer League of Colorado depends heavily on philanthropic support to fulfill its mission. By charter, all gifts received by Cancer League of Colorado are used in the year received to fund preliminary research and service needs, supporting the community’s most promising efforts. Because our charter does not allow for charitable endowment, we established the Cancer League of Colorado Foundation.
The Foundation’s investments are managed by professional asset managers and overseen by our Investment Committee. Currently, UBS Financial Services serves as the Foundation’s financial advisor and portfolio manager. Please consider CLC Foundation in your estate plan.
Since 2007, we have donated more than $150,000 to Cancer League of Colorado. The sole mission of the Foundation is to support the funding of research and service grants by Cancer League.
Earnings from the endowment provide additional, ongoing support for Cancer League.
Help Cancer League of Colorado fight to find a cure for cancer by including the CLC Foundation in your estate plans.
Foundation Board Members:
Karen White, President
Fleta Johnsen, Secretary
Dave Weisberg, Treasurer
The Endowment of Hope
The Endowment of Hope was established to honor and recognize those who make an estate gift to support the Foundation’s endowment. Estate gifts can be unrestricted or designated to fund a specific service or program and can be made to honor or memorialize loved ones.
Examples of estate gifts include naming Cancer League of Colorado Foundation in your will or living trust or by naming the Foundation as a beneficiary of a life insurance policy, IRA, or charitable trust. A variety of options exist.
We invite you to learn more about becoming a member of the Endowment of Hope. We’ve provided information about several charitable estate planning options. Maximum Flexibility helps identify which estate gifts will help preserve control of your assets throughout your life, while Maximum Tax Benefits helps to illustrate your tax planning options.
Finally, we would be happy to send you a free copy of our Cancer League of Colorado Endowment of Hope brochures. To request these brochures or pose any questions you may have, please feel free to contact us by e-mail email@example.com or by phone at 303-281-9864.
A planned gift can be the perfect way to provide for the future of Cancer League of Colorado. We would love to help you discover how easy this can be.
|Endowment of Hope
Cancer League of Colorado Foundation
Cancer League of Colorado Foundation would like to express its deep appreciation to all members of the Endowment of Hope, people who have committed to fighting cancer into the future and beyond their lifetimes.
Endowment of Hope Members
|Wilma DeLong Estate|
|Denver Mile High Rotary|
|Laura and James Fiemann|
|Marianne Gjelsteen Estate|
|Linda Goto Estate|
|Holli Lyn Hartman|
|Martha and Scott Jentz|
|Annette and David Jewell|
|Stacy and Jay Montgomery|
|Kaye and Monty Music|
|Jennifer and Brian O’Neill|
|PBJ Reece Family|
|QuaLife Wellness Community|
|Saint Mary’s Land and Exploration|
|Doris and Frank Southworth|
|Glory and Dave Weisberg|
|Clara Wheeler Trust|
|Karen and Ron White|
|Elaine and Melvin Wolf Foundation|
We, the Cancer League of Colorado Foundation, thank each Endowment of Hope (and the anonymous) donors for their generosity, foresight and confidence in Cancer League of Colorado Foundation.
As we all know, the future is uncertain. You can establish a planned gift today and while retaining control over these assets for the balance of your life. Such gifts are called revocable gifts.
Unless you are confident that you cannot outlive your assets, a revocable planned gift is almost always the best option. Most planned gifts are revocable by design and generally are one of the following:
- Bequest in a Will or Living Trust
- Beneficiary Designation in IRA or Retirement Plan
- Beneficiary Designation in Life Insurance Policy
By naming Cancer League of Colorado Foundation in your will, living trust or as a beneficiary, you can protect yourself against an uncertain future. Should you need these assets, they are available. If not, your gift will come to Cancer League of Colorado Foundation as you desire.
Maximum Tax Benefits
The Internal Revenue Service provides important tax incentives to encourage support for charitable organizations. A gift typically must be irrevocable to qualify for a tax benefit. Stated another way, a gift must be complete and not subject to any revocation by the donor.
Clearly, an irrevocable planned gift should only be made after appropriate reflection and consultation with your legal and financial advisors. However, with proper planning, such gifts can provide important income and tax benefits for you and your heirs. Specifically, the following benefits may be attractive:
- Increased current income
- Increased future income, e.g. during retirement years
- Current charitable income tax deduction
- Future charitable estate tax deduction
- Asset planning for heirs
- Significant gift to support Cancer League of Colorado efforts
For more information, please contact us at firstname.lastname@example.org or 303-281-9864. Donations can be made by mail to Cancer League of Colorado, PO Box 5373, Englewood CO 80155.