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A Natural Decision - Don and Pennie DesJardins Open Home to Pets

Don and Pennie DesJardinsListen to the couple talk about their pets and you'll understand. There's Lulu, a petite blonde tabby and Maine coon mix-a rescue so calm that vacuum cleaners don't faze her.

There's Reggie, a beautiful Maine coon mix who Pennie mer at a local pet store when purchasing a collar for one of their other cars. An employee put one on Reggie, who was there as part of a rescue program, and the homeless car gave Pennie a little kiss on the lips. "We were not looking for another car," Pennie says, smiLing as she remembers. "But the kiss sealed the deal."

Then there's Phoebe, a gray tabby who Pennie and Don spotted drinking from a birdbath on their property one October day in 2011. They managed to rescue the frightened feral car a few days before Christmas. "She's a sweetie," Don says now of his constant companion.

And finally there is Kyta, a yellow lab who came rolling past the house in a wagonload of puppies pulled by a neighbor girl. "I told her, 'We don't need a dog,"' Don says, who had been our washing his car that day. "We already had three cats."

But by then, Pennie had joined in and was soon holding the puppy.

The DesJardinses weren't looking for any of their pets, but adopting them seemed as natural as the wet noses on their pals' faces. It's not surprising, then, that the couple found it easy to agree on a legacy commitment to the Humane Society of the Pikes Peak Region.

"It's a magnificent humane society," says Pennie, an exercise instructor. "They've done a great job of adopting pets out."

"They do a lot of good for the community," Don says, citing the rescue and shelter of more than 400 displaced pets during this summer's Waldo Canyon fire. A staffing consultant with Verizon Business, Don adds that he and Pennie don't have children of their own, and extended family members aren't facing financial hardship. "We thought the animals would need it more."

Like the bond they share with their pets, the decision ro support the Humane Society of the Pikes Peak Region was a natural one for the DesJardinses. Don puts it simply: "It just felt right."

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A charitable bequest is one or two sentences in your will or living trust that leave to the Humane Society of the Pikes Peak Region 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 give to the Humane Society of the Pikes Peak Region, a nonprofit corporation currently located at 610 Abbot Lane, Colorado Springs, CO 80905, or its successor thereto, ______________* [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 HSPPR 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 potential 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 may qualify for a federal income tax charitable deduction when you itemize. 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 HSPPR as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 HSPPR 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 HSPPR where you agree to make a gift to HSPPR 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.

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