Pikes Peak Library District Foundation Named in $2 Million Dollar Bequest

Pikes Peak Library District Foundation Named in $2 Million Dollar Bequest

Pikes Peak Library District Foundation is honored to receive $150,000 from the estate of Milt and Darlene Johnson.

As we have come to learn, Milt was what we at PPLD would refer to as a “power user.” While serving as the pharmacist at Broadmoor Drug at The Broadmoor Hotel, Milt often worked the 4-11 p.m. shift. With Dar teaching during the day, Milt became a mainstay at our Penrose Library where he spent countless hours educating himself on investments and investment strategies, pouring over resources such as The Wall Street Journal, the Financial Times, and Barron’s.

After he retired, Milt continued to visit the library almost daily and used the knowledge he gained at the library to build and grow his and Darlene’s investment portfolio. In fact, Milt became such a subject matter expert that many of the investment advisors he and Darlene used often called Milt for advice. We are grateful to be a recipient of their generosity, which based on this story, is due in part to the time Milt spent at Penrose Library. PPLD’s mission is to provide resources and opportunities that impact individual lives and build community, and we cannot think of a more compelling story that demonstrates the impact of patrons connecting with library resources and in this case quite literally building our community.

PPLD and the PPLD Foundation are truly grateful to Darlene and Milt for including the library as part of the imprint these gifts will forever leave on our region, and we are deeply touched by Darlene’s gesture to make the gift to PPLD in Milt’s memory. The PPLD Foundation was created in 2003 to raise philanthropic funds and build an endowment to support our 15 libraries and the more than 650,000 people we serve. PPLD ranks 10th out of Colorado’s 13 largest library systems in funding per person, and the PPLD Foundation was created to accept meaningful, generous gifts like Darlene’s. It is donations large and small that helps PPLD close our funding gap and continue providing resources and opportunities that impact individual lives and build community. We are truly sorry to have lost Darlene and Milt, but these gifts will ensure their legacy is forever remembered.

Read more about the Johnsons and their estate in The Gazette's coverage here.

Photo credit: Joe Hollmann and the City of Colorado Springs


For more information on how you can include PPLD in your estate planning and create your own lasting legacy, contact Lance James at (719) 531-6333, x6890, or email foundation@ppld.org.

Learn more about the work of the PPLD Foundation.