Albert P. Delacorte ’35 helped endow scholarships for minority students through Princeton’s pooled income fund.
Princeton’s pooled income fund invests contributions from a number of donors and makes 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 the 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.
- 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's pooled income fund — the Tiger Fund — invests primarily in stocks; its objective is to provide long-term growth resulting in higher income over the long term.