Pooled Income Fund
Our pooled income fund offers you the benefits of a charitable mutual fund. It accepts contributions from multiple donors and invests the funds jointly, in a mix of bonds and equities. Each contributor receives a pro-rata share of the fund's dividend and interest income, paid quarterly. Income payments vary based on the fund's performance. After the death of each donor/beneficiary, his or her share of the fund is used to accomplish the mission of Freedom from Hunger – to end hunger for good.
You can contribute appreciated securities to the pooled income fund with no reduction for capital gains tax, thus putting the entire amount of your gift to work earning income for you. You also receive a charitable income tax deduction for your gift, based on the value of the assets you transferred, minus the present value of the income interest payable to you for the rest of your life.
If you own a lot of one stock, the pooled income fund is an excellent way of diversifying your portfolio without paying capital gains taxes, plus you receive an income tax deduction.
The pooled income fund is managed by an experienced investment management firm.
You can join our pooled income fund with an initial gift of $5000 or more.
Example* |
Assumption:
Donors: Husband and Wife, 70 and 68 |
*This
example is based on a factor that changes monthly. Contact our office
for a personal illustration based on the latest rates. |
Tax and Income Benefits
of the Pooled Income Fund |
Contribution: |
$10,000 cash |
Current Income Rate: |
5% |
First Year's Income |
$500 (variable) |
Charitable Deduction |
$4,879 |
More
To learn more about our pooled income fund, Email us, complete the Information Request Form, or call us at so that we can assist you.
Freedom from Hunger
Attention: Chris Dodson
1644 DaVinci Court
Davis, CA 95618
(530) 758-6200 ext. 1042
(800) 708-2555
Contact us now
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