Life Income Gifts: What You Need to Know
In addition to providing generous support, life income gifts can diversify your portfolio, increase your income, reduce or defer capital gains tax, and provide a federal income tax deduction. Donors often use the payments to fund their annual gift to the University, or to support a University priority during their lifetime. Beginning with their 50th Reunion, alumni can make their gift in this form through the Annual Giving Legacy program and receive class credit.
Charitable remainder trusts can be established with gifts of cash, securities, or real estate. The trusts will provide payments to you and/or your beneficiaries for a lifetime or for a specific term.
Unitrust payments vary depending on investment performance. Annuity trusts provide fixed payments determined when the gift is established. For both, the remainder becomes a gift to Princeton.
Charitable gift annuities can also be created from gifts of cash or securities. The University recently lowered the age to 55 for creating a gift this way, with a minimum age of 65 to begin receiving payments. The payment amount is guaranteed, and the remaining portion is a gift to Princeton.
Fast Facts on Life Income Gifts at Princeton
| Charitable Remainder Unitrusts | Charitable Gift Annuities | ||
|---|---|---|---|
| 413 | number of Princeton CRUT donors | 160 | number of Princeton CGA donors |
| $170.22 million |
total in gifts from those 413 donors | $22.46 million |
total in gifts from those 160 donors |
| 98 | CRUT donors who have designated their gifts for financial aid, scholarships, and fellowships | 35 | CGA donors who have designated their gifts for financial aid, scholarships, and fellowships |
| 1952 | Class with the most CRUT donors | 1939 | Class with the most CGA donors |
Life income gifts allow you to make a gift to Princeton and create an income stream for yourself and/or a loved one.
Here are at-a-glance rates for two types of life income gifts to Princeton.
| Guaranteed Annuity | Standard Trust | |||
|---|---|---|---|---|
| Ages(s) | Lives | Immediate Pay Rate |
5-Year Deferred Rate |
Immediate or Deferred |
| 75 | Single | 5.80% | 8.00% | 5.00% |
| Joint | 5.00% | 6.60% | 5.00% | |
| 71 | Single | 5.30% | 6.80% | 5.00% |
| Joint | 4.70% | 6.00% | 5.00% | |
| 66 | Single | 4.80% | 6.20% | 5.00% |
| Joint | 4.30% | 5.50% | 5.00% | |
Explore Tax-wise Gift Options Using Our Gift Calculator
Use our online calculator or call 609.258.6318.
