James B. Wallace, the elder statesman of Colorado’s oil and gas industry and a founding member of Centennial Institute’s Board of Advisors, who died on November 5 at the age of 86, was honored with the 2015 Zebulon Pike Award at a reception on December 3.  “Jim Wallace was always there for us when we needed him, contributing his wisdom, his encouragement, and his generosity, throughout these past seven years of building CCU’s think tank,” said director John Andrews.

The Zebulon Pike Award for Colorado Leadership in Fidelity to Jeffersonian Principles is presented annually.  Past honorees have included former Lt. Gov. Jane Norton, former congressman Bob Beauprez, businessman Jeff Coors, and former state senator Mike Kopp.  As the award plaque states: “’Never out of sight in our wanderings’ was Captain Pike’s salute to the great peak he discovered in 1806 when exploring the West for President Jefferson. Centennial Institute salutes the conservative leaders of today who stand tall in exemplifying freedom and responsibility for all Coloradans.”
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Lucy, Jim Wallace’s wife of 56 years, and two of their four sons, David and Tom, who were in the oil business with their father, attended the ceremony.  In accepting the award on behalf of the family, David Wallace said: “Dad believed that the American free enterprise system has been the greatest human-derived force for good that the world has ever known.  Dad lived and breathed business.  He never drew a paycheck in his life and worked until the day he died.  He understood that when you create opportunity for yourself you inherently create opportunity for others around you.  Whether in politics or business, Dad worked passionately to help others attain their dreams. This award is the capstone to an amazing life and business career and signifies that Jim successfully lived the values in which he so passionately believed.”
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