Princetonians Place Trust in the Next Generation

March 26th, 2013 / Gift Planning

Peter Trent '54Peter Trent ’54 has more in common with today’s students than a penchant for orange and black. The scholarship he created allows him to extend a helping hand to an undergraduate each year -- just as one was extended to him.

“I was very appreciative that someone provided funds so that I could get a Princeton education,” said Trent, who was the first in his family to attend college. He created the Trent Family Scholarship Fund, which has aided three students so far. Trent had previously established a charitable remainder trust that provides income and tax benefits for him during his retirement. The scholarship fund will receive additional money from the trust after his lifetime to support future Princetonians.

“Princeton is not the only good cause I support,” he said, “but I like what I see happening at the University. I am grateful for the education I received, and this is a form of saying ‘thank you.’”

Other options for leaving a lasting legacy include bequests and testamentary charitable remainder trusts. Several Princeton students are benefitting from a scholarship fund created through the bequest of Oliver Langenberg ’35, a gift that capped a lifetime of generous giving to his alma mater.

Esteban Aguel '13“I am incredibly grateful. Meeting Peter made a special Princeton connection for both of us, and I hope I can do the same to help another student someday.”
-- Esteban Aguel ’13, Trent Scholarship recipient

 

 

Alison Nabatoff '13
“Mr. Langenberg’s generosity will stay with me for the rest of my life.”

-- Alison Nabatoff ’13, Langenberg Scholar

 

 

Caroline Rehfuss '13“Scholarships are a constant reminder of how important it is to give back, and just how amazing this Princeton connection is. I hope down the road I’m able to do the same.”
-- Caroline Rehfuss ’13, Langenberg Scholar