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Dick and Sandy McCray

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Dick and Sandy McCray now think of the Zoo as so much more than just a great place to spend a Saturday or Sunday afternoon. The McCrays first became passionate about Denver Zoo when bringing their grandchildren to visit. Then the realization hit, they didn't need to bring their grandsons with them to enjoy the Zoo!

The more they read and learned about the wonderful education and conservation work of the Zoo, the more they wanted to get involved and help in any way they could. So in addition to getting to know Denver Zoo's animals, Dick and Sandy have spent some time learning more about the Zoo's programs and staff. A retired professor of astrophysics at the University of Colorado, Dick has enjoyed meeting education staff and learning about the variety of education programs the Zoo offers, including young scientists and school outreach programs. He is truly passionate about youth education. And Sandy enjoyed hearing about the Zoo's conservation programs across the globe. That is why Sandy and Dick decided to include the Zoo in their estate plans to benefit the education and conservation endowment. They also recently adopted the gerenuk front entry sculpture (pictured behind them in the above photo).

When pressed to name a favorite animal, Sandy didn't hesitate to name the zebra. The zebra is prominent in many of her creative tile mosaics. Sandy is not an artist by trade; it is a hobby that occupies much of her time since her retirement from practicing law. It was a bit harder for Dick to name his favorite animal, but in the end he chose the hyena. "I was amazed that you (Denver Zoo) could train the hyenas to come over to receive an injection. I also was amazed to learn that a young female would dominate a mature male. And, maybe I take the hyenas because they are the underdogs - I don't think many people would say that hyenas were their favorite."

We thank Sandy and Dick McCray for their generosity to Denver Zoo and for their commitment to the environment and educating young people.

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Josie Stewart

Josie Stewart

Gift Planning Manager

720-337-1463

JStewart@DenverZoo.org

 
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A charitable bequest is one or two sentences in your will or living trust that leave to Denver Zoo 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 Denver Zoo, a nonprofit corporation currently located at 2300 Steele Street, Denver, CO, 80205, 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 Denver Zoo 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 Denver Zoo 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 Denver Zoo 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 Denver Zoo where you agree to make a gift to Denver Zoo 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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