Current rates and detailed calculations are available upon request. Pooled Income Fund Participating in our pooled income fund is easy and requires a smaller investment than some other life income gift plans. The primary investment goal is to produce a relatively high return for the donor. Payments to the donor are taxed as ordinary income. Gifts to the fund are invested and co-mingled with gifts of other investors.
Donors receive a proportionate share of the fund's net income each year.
The income is based on the fair market value of the gift to the fund. The income tax charitable deduction is based on the gift value, the ages of the beneficiaries, and the highest annual rate of return of the fund during the previous three years. It is a misconception that trusts are only for the very wealthy or those with very complex estates. Many individuals with modest estates have found trusts advantageous. A unitrust may run for the lives of the beneficiaries or for a shorter number of years, at the donor's choosing.