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).
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.
Looking for better returns and security in a volatile market? Want to help future Princetonians? Princeton now offers deferred charitable gift annuities and has lowered its age minimums. These lifetime fixed payments are backed by the full faith and credit of the University.
Three months into his freshman year at Princeton, Charles Allen ’45 was in his dorm room, enjoying a radio broadcast of a football game between the New York Giants and the Brooklyn Dodgers. Suddenly it was interrupted by a news report: The Japanese had bombed Pearl Harbor. Stunned, he realized his life was about to change.