Pooled Income Funds

Albert P. Delacorte '35

Albert P. Delacorte ’35 helped endow scholarships for minority students through Princeton’s pooled income fund.

Princeton’s pooled income funds invest contributions from a number of donors and make lifetime, quarterly payments to beneficiaries based on their share of the income earned by the fund. Donors may designate up to two beneficiaries (for instance, a spouse, children, or grandchildren); Princeton eventually receives the remaining share.

Joining a pooled fund requires a minimum gift of $25,000. Following that initial gift, donors may add $1,000 or more as often as they wish.


Benefits

  • Provides lifetime income to you and/or another beneficiary.
  • You can donate your appreciated securities without incurring capital gains tax.
  • The assets contributed are removed from your taxable estate, unless you name beneficiaries other than you or your spouse.

Princeton offers two pooled income funds, each with a separate investment goal.

  • Income Fund: This fund invests primarily in bonds; its objective is to provide high current income
  • Tiger Fund: This fund invests primarily in stocks; its objective is to provide long-term growth resulting in higher income over the long term.

The information presented on these web pages is not offered as legal or tax advice. You are urged to seek the advice of your tax advisor, attorney, and/or financial planner to make certain any gift you are considering fits well in your specific circumstances.


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