Most of you are aware that the Rocky Mountain Mineral Law Foundation delivers top-quality legal educational programs and scholarship through its institutes and publications. But are you aware that the Foundation is a non-profit that supports natural resources and mineral law education at constituent law schools through student scholarships, research grants, and the funding of innovative programs? Are you also aware that as a non-profit the Foundation strives to keep its registration fees and prices as low as possible even during lean years?
The Foundation can support the broader natural resources and mineral law legal community and the development and publication of top-quality scholarship because of its Permanent Sustaining Fund. In 1960, the Foundation established this Fund as a capital fund to help finance educational functions of the Foundation that were not self-supporting. In its early years, this Fund enabled the Foundation to complete such projects as the American Law of Mining, the Law of Federal Oil and Gas Leases, the Landman’s Legal Handbook, and other projects, including important specialized conferences that did not generate a profit.
Today the Fund continues to support specialized projects and conferences, and also funds capital projects that are necessary for the continued sustainability of the Foundation in changing markets. In addition, outreach programs attract and support the next generation of global natural resources practitioners and scholars, and scholarly natural resources books, treatises, newsletters, updates, and research tools are published by the Foundation. In 2016 alone, the Foundation awarded more than $325,000 under its natural resources law student and law professor programs. In recent years, the Fund has allowed the Foundation to remain an exceptional educational bargain during a prolonged market downturn that has impacted a large number of our constituents.
Please consider supporting the Foundation with a charitable gift. A few ways you can make such a gift to the Foundation are outlined below. The Foundation does not offer tax advice, so please consult your attorney, accountant, broker, or financial advisor to determine the tax benefits that apply in your case.
There are many different ways to make an individual gift to the Foundation. To make a onetime donation, access our contribution form by clicking below, then mail the completed form to the Foundation at the address indicated on the form. You may also send the form to the Foundation by email to firstname.lastname@example.org.
Donate to RMMLF
Employer Matching Gifts
Many companies match charitable contributions made by their employees. The impact of your gift may be doubled! Many companies also match gifts made by retirees or spouses.
To submit a matching gift:
- Make your gift in full to Rocky Mountain Mineral Law Foundation (see “Individual Giving” above).
- Obtain a matching gift form from your human resources office.
- Complete the form and submit it as specified by your company. If your company uses paper forms, complete your portion and send it to the Foundation at:
Mail: Rocky Mountain Mineral Law Foundation
9191 Sheridan Blvd., Suite 203
Westminster, Colorado 80031
- Include RMMLF’s Federal Tax ID#: #84-6037688
- We will verify your gift and confirm the match with your company. Upon receipt of the matching gift, you will be notified of the completed gift.
Gifts of Appreciated Stock and Securities
Transferring appreciated stocks and securities to the Foundation is an excellent way to make a charitable gift, and you can benefit in two ways: (1) when you donate publicly traded stocks to RMMLF that have been held long-term (owned for more than one year) you may avoid capital gains taxes; and (2) you may take the full fair market value of the gift (on the date it is transferred, rather than the amount you originally paid for it) as a charitable deduction on your income taxes.
The easiest way to make this kind of gift to RMMLF is to have your broker electronically transfer the stock from your account to ours:
- Account with: Fidelity Investments
- Phone #: 1-800-544-6666
- Account Name: Rocky Mountain Mineral Law Foundation
- Account #: Z47978271
- DTC#: 0226
- Routing Number: 101205681
- Rocky Mountain Mineral Law Foundation Federal Tax ID#: 84-6037688
Once you have made a gift of stock, please notify Surbhi Chavda at (303) 321-8100, ext. 119, email@example.com. Please be sure to provide your name and address. This is necessary because electronic transfers of stock are not made in the name of the owner (you), but in the name of the financial firm. RMMLF is only able to provide you with a receipt of your gift if you notify us.
Gifts of Depreciated Stocks & Securities
You can also use depreciated stocks and bonds to make a charitable gift to benefit the Foundation. If you sell stocks or bonds and donate the proceeds to the Foundation you may be able to take a charitable deduction for the full value of the gift, and take the capital loss on the sale.
Please consult your attorney, broker or financial advisor to determine the tax deductions that apply in your case. The Foundation does not offer tax advice.
Wills or Estate Plans
You may make a bequest or gift through your estate by including a provision in your will or living trust, or by naming Rocky Mountain Mineral Law Foundation as a beneficiary of a retirement plan or life insurance policy. The amount left to the Foundation can be expressed as a dollar amount or as a percentage of the assets to be given. If you have named the Foundation in your will, living trust, retirement plan, or life insurance policy, please inform us by contacting Alex Ritchie, Executive Director, at (303) 321-8100, ext. 101, firstname.lastname@example.org.
Life Income Gifts
You may also give to the Foundation through a life income gift, which allows you to give assets to the Foundation while providing yourself or others with income for a period of time before RMMLF is permitted to use your gift. Life income gifts include charitable gift annuities, charitable remainder unitrusts, charitable remainder annuity trusts, and income funds. If you would like to make a life income gift to the Foundation, please contact Alex Ritchie, Executive Director, at (303) 321-8100, ext. 101, or email@example.com.
IRA Charitable Rollovers
If you are 70½ years old or older, you can give up to $100,000 per year from most IRAs directly to a qualified charity such as the Foundation without having to pay income taxes on the transfer. Such a transfer generates neither taxable income nor a charitable contribution deduction, so you benefit regardless whether you itemize your deductions. A charitable rollover in excess of the $100,000 per year limit is included in your income but may generate a charitable contribution deduction.
In addition, if you have not yet taken your required minimum distribution for the year, your IRA charitable rollover may satisfy all or part of that requirement.
Further, these rules permitting tax-free charitable rollovers no longer have an expiration date, so charitable rollovers can be made at any time.
Keep in mind that charitable rollovers can only be made from an IRA, although under certain circumstances, you may be able to roll assets from a pension, profit sharing, 401(k) or 403(b) plan into an IRA and then make the transfer from the IRA directly to the Foundation. To determine if a rollover to an IRA is an option, contact your plan administrator.
To make a charitable rollover, contact your IRA custodian.
For any questions regarding any of the ways in which you can contribute to the Foundation, please contact Alex Ritchie, Executive Director, at (303) 321-8100, ext. 101 or firstname.lastname@example.org. Please keep in mind that the Foundation does not offer legal, tax, or financial advice.