PRINCETON generations

Ideas and Strategies from the Office of Gift Planning at Princeton University

AG Legacy Gifts Stand the Test of Time

Nassau hall tiger with AG logo

If your 50th Reunion or higher is approaching, consider making an Annual Giving Legacy gift that can help you accomplish several goals:

  • Show your support for Princeton through your charitable contribution
  • Potentially diversify and increase income, and reduce taxes
  • Assist with specific timing issues, such as retirement planning or control the transfer of assets to heirs

Interested? Register for one of two webinars that will discuss this program, offered 11 a.m. to 12 p.m. (Eastern Time) on Thursday, Oct. 22, or 11 a.m. to 12 p.m. (Eastern Time) Wednesday, Oct. 28.

An Annual Giving Legacy gift allows you to earn AG major reunion class credit for life income gifts at the requisite level, starting with the 50th Reunion. Gifts with a credit value of $100,000 or more, made through a charitable trust or a charitable gift annuity, are eligible.* These gifts can be made in installments and in advance of a major reunion allowing the you to spread the deduction over multiple tax years.

Your gift will generate funds to support Princeton in perpetuity as part of your class’s Annual Giving endowment fund or as an endowment fund in your name — you choose how your permanent legacy gift will be forever recognized at Princeton.

*Please note: Princeton’s gift credit is calculated by doubling the charitable value of the gift (charitable deduction amount) up to the face value of the gift. Factors such as multiple payment beneficiaries, younger beneficiaries, and changes in federal rates often reduce the charitable deduction and require a larger up-front contribution (face value) or require deferring the start of income payments in order to meet the gift credit minimum. Please contact the Office of Gift Planning for a custom illustration based on your situation.

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This entry was posted on September 10, 2020 in FALL 2020.

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Photos by Andrea Kane and courtesy of Paul Sittenfeld '69, Ronald So *71, and Robert Johnstone III '56