“Princeton has made a defining difference in my life, and we hope we can lend a hand in its ability to make a difference in the lives of others.”
- Paul Sittenfeld ’69, with wife Betsy
A charitable lead trust enables you to make a significant gift to your children, grandchildren, or other heirs on a date you specify, while also making a gift that benefits Princeton now.
Your lead trust would make annual payments to Princeton for a fixed term—generally between 10 and 20 years—before the trust principal pass would them pass to your heirs.
- You control the timing of the distribution of assets to your heirs
- You enjoy professional asset management by a trustee of your choice; if you choose Princeton to manage your trust, investment managers at TIAA Kaspick and administrators within key offices at the University will oversee the investment of your trust in a diversified portfolio of stocks and bonds. Princeton is able to serve as the trustee of lead trusts established with a gift of at least $250,000
- Federal gift and estate tax deductions for the value of annual trust payments to Princeton may reduce your taxable gift to zero.
- With some lead trusts, you receive an immediate federal charitable income tax deduction.
You can establish a charitable lead trust during your lifetime or through your will. You may use payments from a lead trust to fund the University's current priorities as well as all enduring needs of the University.
If you would like to discuss how a charitable lead trust might work for you, contact the Office of Gift Planning at 609.258.6318 or e-mail firstname.lastname@example.org