The memories Douglas G. G. Levick III ’58 holds of Princeton are an accumulation of moments: riding his bicycle across campus on his way to and from school as a seventh and eighth grader, pausing sometimes to watch sports practices; spending afternoons in engineering labs and evenings in Firestone Library, where he commandeered a study carrel (supposedly for seniors only, but he learned how to jimmy the door of one, to open it with a spoon); reveling in hard fought victories in hockey and lacrosse (where he earned first team All-American honors two years).
Gift Planning Stories
Like any savvy basketball player, Victoria Baum Bjorklund ’73 knows when to pivot, when to rebound, when to charge forward. As one of the pioneers of Princeton coeducation, she used those skills when negotiating campus culture and throughout her professional career.
December 2017 brought the most significant overhaul of the U.S. tax code since 1986, with profound impact on individuals, trusts, estates, and businesses-at least until 2025 when key provisions may expire. Princeton’s Office of Gift Planning hosted a breakfast for 1746 Society members at Reunions that featured a panel of Princetonian experts discussing recent changes in taxes and what they mean for individuals, trusts, and estates.
In addition to providing generous support, life income gifts can diversify your portfolio, increase your income, reduce or defer capital gains tax, and provide a federal income tax deduction. Donors often use the payments to fund their annual gift to the University, or to support a University priority during their lifetime. Beginning with their 50th Reunion, alumni can make their gift in this form through the Annual Giving Legacy program and receive class credit.
In a nearly 50-year career, William D. Zabel ’58 has earned legendary status among estate and tax planners for his work with high-net-worth individuals. His client list includes names ranging from Annenberg to Chrysler to Soros. Zabel shared his wisdom with alumni at Reunions 2017.
As his 50th Reunion approached, Bill Paternotte ’67 thought, “I want to make a tangible statement of what Princeton has meant to me.” But how? When he learned a life income gift to Princeton would also be counted as a contribution to Annual Giving through a new program, thereby adding to his class’s legacy, he found his answer.
Chances are, when you went to Princeton, your interaction with professors went well beyond the classroom and office hours. The same teacher-scholars who are at the pinnacle of their professions and break new ground in their fields of study also work closely with undergraduates as mentors, advisors, and colleagues.
Edward C. (Ted) Taylor, Sir W. Arthur Lewis, and Froma Zeitlin are three of Princeton’s most accomplished and honored professors. Their dedication to students matches their contributions to their disciplines.
In his nearly 50-year career, William D. Zabel ’58 has helped high-net-worth individuals to plan for and protect their loved ones and their legacies; at the 2017 Reunions seminar he shared fascinating stories and advice on how you can, too.
In honor of a generous bequest from Robert H. Taylor of Princeton’s Class of 1930, Princeton University’s librarian will now be known as the Robert H. Taylor 1930 University Librarian. The post is currently held by Anne Jarvis, who came to Princeton from the University of Cambridge in 2016. The gift will also support and expand the library’s Special Collections and establish a new position: Curator of the Robert H. Taylor Collection at Firestone Library.