Pooled Income Funds are ideal for the donor who holds appreciated securities and wishes to avoid capital gains taxes, yet seeks some income from the gift. They operate similar to mutual funds, as your contribution is combined with those of other donors. The gift amount determines your share in the pool, and income is paid in proportion to your share. The Trustees of Reservations offers two pooled income funds: the Income Fund and the Balanced Fund. The Income Fund invests a greater proportion in fixed income investments such as bonds and currently yields around 4.31%. The Balanced Fund invests in a balanced portfolio of bonds and equities and currently yields around 3.15%.
Eligibility:
- Minimum Initial Gift: $10,000
- Additional Gifts: $2,500
- Minimum Age: 55
Benefits:
- The opportunity to make a significant gift to The Trustees;
- Make additional gifts at any time:
- Charitable tax deduction for a portion of your gift;
- Avoid capital gains taxes for gifts of appreciated securities;
- Potentially increased income for you and/or a beneficiary.
Are Pooled Income Funds right for you?
- Click here to compare pooled income funds to other planned gifts.
- I'm not sure. Contact me so I can learn more about pooled income funds.
- Click here to calculate tax and income benefits from pooled income funds.
The material presented in this web site is not offered as legal or tax advice. Examples of tax benefits and results of various examples shown are based on the stated IRS discount rate and on other assumptions that may not apply to your own particular situation at the time of your gift. Accordingly, you are urged to seek the advice of your tax advisor, attorney, and/or financial planner to make certain a contemplated gift fits well into your overall circumstances and planning.