1919 Society

Legacy Society LogoFor nearly a century, the System has benefited from the generosity and forethought of those who have expressed their commitment to helping us provide quality healthcare to our community. Members of the 1919 Society are considered an integral part of our family and future. The 1919 Society recognizes and honors those who have provided for future generations of our community by including Princeton Medical Center Foundation in their estate plans. This typically occurs through a bequest designation but can also be achieved by listing the Foundation as a beneficiary of any of the following:

  • Trust account — personal trust, charitable remainder trust, charitable lead trust
  • Retirement account — IRA, 401(k), 403(b), etc.
  • Insurance policy
  • Charitable gift annuity
  • Personal property
  • Real estate

We invite you to become a member of the 1919 Society by notifying us of your planned gift to the Foundation. If you have any questions about planned giving or joining the 1919 Society, please contact Sandy Roberts at 609.252.8701 or sroberts@princetonhcs.org.

Why should I join? Membership has its perks...

  • Exclusive Member Invitation to 1919 Society Fall Breakfast featuring a notable guest speaker to discuss finance or healthcare.
  • Name/gift recognition 1: your name(s) on our donor wall at the hospital and in Foundation publications in perpetuity.
  • Invitations to exclusive donor events.
  • Members whose planned gift is $100,000 or more receive a year’s complimentary membership to the Friends of the Foundation program.

1Gifts can be made anonymously.

A charitable bequest is one or two sentences in your will or living trust that leave to Princeton Medical Center Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I hereby give, devise and bequeath to the Trustees of Princeton Healthcare System Foundation, a nonprofit corporation organized and operating under the laws of the State of New Jersey and located in Plainsboro, New Jersey, the sum of $____________ [or percentage of your estate or a specific description of the gift] to be used by Princeton Medicine [describe the purpose of gift her, if desired]."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Princeton Medical Center Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Princeton Medical Center Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Princeton Medical Center Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Princeton Medical Center Foundation where you agree to make a gift to Princeton Medical Center Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.