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.
In a nearly 50-year career, William D. Zabel ’58 has earned legendary status among estate and tax planners for his work with high-net-worth individuals. His client list includes names ranging from Annenberg to Chrysler to Soros. Zabel shared his wisdom with alumni at Reunions 2017.
As his 50th Reunion approached, Bill Paternotte ’67 thought, “I want to make a tangible statement of what Princeton has meant to me.” But how? When he learned a life income gift to Princeton would also be counted as a contribution to Annual Giving through a new program, thereby adding to his class’s legacy, he found his answer.
Chances are, when you went to Princeton, your interaction with professors went well beyond the classroom and office hours. The same teacher-scholars who are at the pinnacle of their professions and break new ground in their fields of study also work closely with undergraduates as mentors, advisors, and colleagues.
Edward C. (Ted) Taylor, Sir W. Arthur Lewis, and Froma Zeitlin are three of Princeton’s most accomplished and honored professors. Their dedication to students matches their contributions to their disciplines.
Timothy M. Kingston ’87, chairman of Goldman Chile, has been named chair of Princeton University’s Annual Giving Committee.
The Louis A. Simpson International Building, made possible by a gift from Louis A. Simpson, a 1960 alumnus of Princeton’s Graduate School, and his wife, Kimberly K. Querrey, was dedicated on October 16, 2017.
A gift from the Wythes family—Marcia Wythes, Jennifer Wythes Vettel, Paul Wythes Jr., and Linda Wythes Knoll—has named the University's Center on Contemporary China in honor of former trustee Paul Wythes of the Class of 1955 and his wife.
Alumni, friends, and members of the University community gathered on October 6 to celebrate the dedication of the Lewis Arts complex, a village-like cluster of buildings—including the Wallace Dance Building and Theater, the New Music Building, and the Arts Tower—and public spaces that showcase the arts at Princeton. It was made possible with a $101 million gift from the late Peter B. Lewis ’55 and other generous donors, including Monte Wallace ’53 and Neil Wallace ’55.
The University community welcomed this year's cohort of Bridge Year volunteers -- incoming students who have deferred their freshman year to engage in public service projects abroad. Princeton faculty, staff, alumni benefactors, and former Bridge Year participants wished these new Princetonians well as they prepared to embark on their journeys.
In 2015, when we participated in the Princeton University Summer Journalism Program (SJP) as rising seniors in high school, we did not think we had what it took to come to Princeton; we couldn’t picture ourselves measuring up to our peers, never mind affording the cost of an Ivy League education. But today, we are about to begin our sophomore years at Princeton.