Skip to Content

Search form

Living and Leaving a Legacy: How Sue Mulvihill Makes a Real Difference

Sue Mulvihill

Sue Mulvihill

Sue Mulvihill adopted her first kitten when she was 10 years old. In 2013, Sue and her mother came to the Humane Society of the Pikes Peak Region (HSPPR) to adopt another cat. Shortly thereafter, Sue was asked to join the board.

I"I'm just a small cog within HSPPR. There are a 100-plus employees and more than 1,000 volunteers who really keep this place going," Sue says. Although she remains humble, Sue's contributions to HSPPR consist of time, hard work and enduring gifts. "We are so very grateful for the many ways Sue helps HSPPR succeed," CEO Jan McHugh-Smith says. "In addition to her generous financial support and volunteer service as a board member, she actively participates in key events and provides a loving home to two special cats." Sue is a member of the HSPPR Legacy Guild, a group of supporters who have promised to support HSPPR through their estate.

Pepper and Pudding

Pepper (L) and Pudding are the latest cats to be rescued by Sue.

"No one likes to think about what will happen when we die, but you can't just leave a note," Sue says. "It's so easy to meet with your lawyer and get everything planned out."

If any charity is deserving of a legacy gift, it's HSPPR. The Humane Society has received a 4-star rating from Charity Navigator for the past three years. "Through the Legacy Guild, we'll continue to support HSPPR," Sue says. "Most people are unsure how to go about it, but your attorney and HSPPR can help you understand the many options available."

eBrochure Request Form

Please provide the following information to view the brochure.

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.

Personal Estate Planning Kit Request Form

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