Gift Planning

Charitable Gift Annuities

I’d like to ensure that I have enough money for my 80s and 90s, and give a gift to Princeton, too.

A charitable gift annuity (CGA) provides guaranteed payments to you and/or your beneficiaries age 70 or older for the payees’ lifetime. The remainder then supports the Princeton programs of your choice.

How it works:

  1. You make a gift of at least $25,000 to Princeton (usually cash or securities).
  2. The University then provides a secure, fixed, quarterly payment for the life of one or two individuals – for instance, you and your spouse.

Are you eligible?

  • You are at least 55 years old (60 for a two-life CGA)
  • You will be at least 65 years old when you begin receiving payments.
  • You want to make a gift of at least $25,000

Could a CGA work for you?  Please use our online gift calculator, or contact us.

Benefits

  • Fast and easy to set up
  • Immediate federal income tax deduction
  • Capital gains taxes on appreciated assets such as stock are reduced and deferred*
  • You or your designee will receive fixed quarterly payments for life
  • The remainder of your gift will support Princeton and can be designated for a specific purpose
  • Contributions paid in full by June 30 of your major Reunion year (50th or higher) can count toward your Annual Giving donation through the AG Legacy program
  • Recognition as a member of the 1746 Society

*Certain IRS limitations apply, and capital gains taxes are deferred only when the donor is also the designee.

The information presented is not intended as legal or financial advice. Please consult your own professional advisors to discuss your specific situation.


Information for Estate Attorneys and Administrators

Our legal name is: Trustees of Princeton University
Our tax ID number is: 21-0634501
Our address and contact information for estates and trusts is:
Office of the General Counsel
Princeton University
New South Building, Fourth Floor
Princeton, NJ 08544
609.258.2500

To cover the costs of investment management, program administration, tax preparation, and legal work, Princeton charges an annual fee in the range of 0.60% to 0.65%; these fees are not deducted from the beneficiary payments. The actual fee depends on the type of life income gift and the account value.


Sample Bequest Language  |  Online Gift Calculator  |  Gift Planning Staff