Through trusts, annuities, and other vehicles, you can receive life-long income—and the satisfaction that Princeton, too, will benefit.
Charitable Remainder Trust
Stocks, real estate, or other assets form the basis of a trust that is managed by Princeton and gives the donor, or anyone the donor designates, quarterly payments for life or a set period. The payment can be fixed or variable, and Princeton receives the balance—the “charitable remainder”—when the trust closes.
Charitable Gift Annuity
This kind of annuity offers a steady, guaranteed income for up to two individuals age 70 or older. Rates, which are determined by the recipient’s age, are fixed when the gift is given, and range from 5.7% to 9.5% of the gift amount (as of October 2009).
Pooled Income Fund
These investment funds pool contributions from a number of donors, who, every quarter, receive their share of the income earned. Princeton offers two funds: the Income Fund, invested for current income, and the Tiger Fund, invested for long-term growth.
Print
E-mail