Mosie and Audrey Gates

Mosie was born in Poughkeepsie, New York. When he was 11, his family moved to Princeton. During the Second World War, Mosie entered the Navy’s V12 officer training program while a student at Princeton University. On graduating in 1947 with a degree in modern European and American history, he joined US Trust in New York City, with which firm he remained for over 30 years, overseeing wealth management for private clients, institutions, pension funds, and foundations. He later joined other investment firms in the City and Princeton.

Mosie has served on the boards of quite a few institutions. He was on both the Board of Trustees of Princeton Health and the Board of Directors of Princeton Medical Center Foundation. For over 40 years, he was on the Board of Directors of the Rita Allen Foundation, which supports young scientists at the beginning of their medical-research careers. He also served on the Board of the American Bible Society (which was, incidentally, the first organization ever to offer charitable gift annuities). Mosie is a member of the Board of the Boys and Girls Clubs of America; he served as Treasurer of that Board for 20 years.

Audrey grew up in Princeton—quite near the hospital! While she was growing up, her father, who oversaw the physical-education programs of the Princeton public schools, would often remark that the town was exceedingly fortunate to have such a fine hospital. His words had their effect: as an adult, she would serve as a volunteer at the hospital for over half its existence. She was also involved with the Princeton Nursery School for many years.

Mosie and Audrey have included Princeton Medical Center Foundation in their wills. “For us,” says Mosie, “thoughtful estate planning began with a decision about how to divide our assets among our family, charitable organizations, and others. We approached this major decision by thinking in terms of the percentages of our property for each group. Once we decided this, two other questions remained regarding charity: first, which organizations to include and, second, whether to make the contributions through a bequest in our will or by creating a charitable trust that would provide us with benefits during our lifetimes.

“While our assets are modest, it was important to us for many reasons to make estate provisions for the charities we care about most. Princeton Health is high on this list. We derive great satisfaction in knowing that when we are gone, we will have left a small legacy to perpetuate the good that the System has provided for us and our family.”