How It Works
The Pooled Income Fund is a type of charitable giving program that combines the tax advantages of charitable giving with the benefits of a lifetime income stream for up to two beneficiaries, which can include the donors.
Make an initial contribution of securities or cash to the Pooled Income Fund and have the potential to take an immediate partial tax deduction.
Up to two income beneficiaries receive lifetime income generated by the Pooled Income Fund's investments, in quarterly payments.
The remaining value of the account is distributed to up to ten recommended charities upon the death of the last income beneficiary. Donor-advised funds, like the Giving Account, are eligible.