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The Last Legacy Trustee

Tags: Legacy Properties

Ben Jourdan

Many gathered at Penrose House last month to remember El Pomar Trustee Emeritus Kent Olin. Olin passed away on March 4. He was preceded in death by his wife of 51 years, Marilyn, who passed away on March 8, 2008.

El Pomar Trustee Emeritus Brenda Smith said she would always remember the love Olin showed his wife Marilyn, who passed away in 2008. “Kent always made sure tasks were easier for Marilyn as they got into their later years,” Smith noted. “ I remember going to breakfast with them and Kent always asked the waiter for a paper cup for Marilyn. She began to have very bad arthritis in her hands around that time, and holding ceramic coffer cups was painful for her. Their love was once in a lifetime.”

In addition to his role with El Pomar, Olin served in the US Air Force and had a lifelong career in banking, ultimately becoming the CEO of Affiliated Bankshares of Colorado. He also was actively involved in philanthropy throughout his retirement. He served as a Colorado College trustee and on the boards of Citizens Goals for Colorado Springs, the Colorado Springs Symphony, the Colorado Springs Chamber of Commerce, Goodwill Industries, Pikes Peak United Way, the Air Force Academy Foundation, and the Colorado Springs Fine Arts Center.

El Pomar President and Trustee R. Thayer Tutt, Jr. noted Olin was the last legacy trustee, having worked as CEO for the First National Bank of Colorado Springs: the bank that El Pomar Foundation Founder Spencer Penrose originally held foundation assets. “Kent was a dear friend of my father and a role model for me,” Tutt said. “He will be missed dearly.”