The choices you make about philanthropy can have a lasting effect on your best asset -- your family -- for generations. Our panelists James (Jay) E. Hughes Jr. ’64, a retired attorney and author of the landmark Family Wealth: Keeping It in the Family; Malcolm A. Moore ’59, a trusts and estates attorney; and Richard Rampell ’74, a CPA in estate and charitable gift planning, will offer thoughtful guidelines and answer your questions.
News and Features
Five alumni who joined together to name seminar rooms in historic Stanhope Hall, home to the Center for African American Studies, gathered on March 11 to dedicate the Hobson-Rogers Seminar Room on the first floor and the Barfield-Johnson Seminar Room on the second. President Christopher L. Eisgruber thanked the group for their commitment to education, diversity, and civic engagement.
When William Scheide ’36 was born on January 6, 1914, Woodrow Wilson had stepped down as president of Princeton University and was president of the United States; Henry Ford had just introduced an assembly line to build the Model T; and workers in Washington, D.C., were placing the first stones in the Lincoln Memorial.
Peter B. Lewis, a Princeton alumnus and former trustee who built Progressive Corp. into one of the largest automobile insurance companies in the United States and who donated generously to the University and other causes, died at his home in Coconut Grove, Fla., of an apparent heart attack Saturday, Nov. 23.
Having an IRA has long been touted as a smart retirement strategy. But while IRAs provide tax benefits during their owners’ lifetimes, they can become a tax liability when they are passed on as an inheritance. The solution? Use the funds to make a charitable gift. That’s what Mark Krosse ’72 is doing for Princeton.
Three alumni -- Huyler Held ’47, H. Dwight Neill ’54, and Mary Deibel *76 -- chose to leave a legacy to Princeton by including the University in their estate plans as the beneficiary of their IRAs. Their support honors their connection to the University while making the experiences that were so important in their lives available to others.