Pooled-Income Fund

A pooled income fund is a charitable trust that pools the gifts of donors for investment. You, or a loved one, receive a proportional share of the trust's income. After the lifetime of the income recipient, a residual amount is withdrawn from the trust to support the designated Presbyterian mission entity.

Income varies with the fund's investment performance. Pooled Income Fund "Omega" seeks to provide a reasonable long-term growth of principal and income. Pooled Income Fund "A" seeks to provide high current income, conserving nominal principal.

What are the benefits?

	•	The fund can provide income for one, two, or more than two persons for life.
	•	Potential tax savings from income tax deductions allowed and estate deduction.
	•	Simplicity of participating in an existing trust.

Example of Pooled Income Fund

You and your spouse, 72 and 71 years old respectively, make a gift of long-term appreciated stock with a value of $10,000 to the pooled income fund Omega.  If the pooled income fund earns income at a rate of 2%, the annual income you receive from the Fund will be $200.  The charitable portion of your gift will be $7,283. *  If your marginal income tax bracket is 25%, you receive a potential tax savings of $1,820.  In addition, tax on the stock’s unrealized capital gain will be avoided. *Based on calculations in effect at the time of printing and subject to change.  The charitable portion of your gift will be determined as of the gift date.