Members of Princeton's 1746 Society and a member of the Class of 2014 reflect on the importance of giving a planned gift -- and what it means to always be a part of Princeton -- at the society's May luncheon event.
Princeton’s Reunions are legendary: thousands of alumni converging on campus in a festival that brings together old friends, oceans of orange and black, high energy, and treasured memories. What makes Princetonians return, year after year?
On May 1, 2014, Princeton's Office of Gift Planning recognized members of the 1746 Society -- alumni, spouses, widows, parents, and friends who have included Princeton in their estate plans or made life income gifts -- at its annual luncheon in Prospect House. The event featured remarks by President Christopher L. Eisgruber ’83 and Carolyn Ainslie, vice president for finance and treasurer.
Rochelle Makela-Goodman, a fundraising professional with 19 years of development experience, has joined the Princeton University Office of Development as director of gift planning.
Including Princeton in your estate plans is easy with options that cost nothing now. Ways to make a testamentary gift to the University include naming Princeton in your will or trust, or as the beneficiary of your IRA, retirement account, or insurance policy.
Brian Abel Ragen *87, a professor of English at Southern Illinois University Edwardsville for 25 years until his retirement in 2013, believes that rigorous study in the humanities benefits everyone, regardless of career path. To reinforce his commitment to education, he created two graduate fellowships in English at Princeton and named the University as a beneficiary in his will.
During her undergraduate years, Sharon Holland '86 was well known on campus as an activist. “I changed Princeton and Princeton changed me,” she says. Now, she has made a bequest that honors her experience in her own unique way.
Curious about how many of your classmates have made planned gifts to Princeton? Check in with your Planned Giving chair. Learn why he or she has made a commitment to Princeton’s future—and how you can, too.
When Harvard alumnus Jim Posner was choosing a graduate school, he decided on Princeton because “Princeton was flexible, welcoming, and encouraged individual goals.” It is the same flexibility and attention to individual circumstances that Posner found in Princeton’s Office of Gift Planning when he sought a way to show his “great appreciation” to the University.
Having an IRA has long been touted as a smart retirement strategy. But while IRAs provide tax benefits during their owners’ lifetimes, they can become a tax liability when they are passed on as an inheritance. The solution? Use the funds to make a charitable gift. That’s what Mark Krosse ’72 is doing for Princeton.