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 currently range from 6.1% to 10.5% of the gift amount (as of July 2008).
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.
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