Income, however, is not reduced. It continues to reflect the income-oriented investment policy of the fund. Pooled Income Fund gifts qualify for favorable estate tax treatment, and under federal tax laws, the value of the Red Cross interests in the property contributed is not subject to estate tax. The Pooled Income Fund helps to guarantee that future support will be available for the many humanitarian services the Red Cross provides. The Pooled Income Fund is a means through which participants may be able to give more to the Red Cross than they ever thought possible.
Larger donations are possible because donors retain the income from the property they contribute.
Gifts to the Pooled Income Fund help transform good intentions into lifetime action. People with every intention of naming the Red Cross in a will can forget to do so. The Pooled Income Fund affords a more certain and immediate way of assisting the Red Cross. Many donors who contribute by means of the Pooled Income Fund are friends and volunteers of the Red Cross. In the Pooled Income Fund, they find an additional way to assist in the work of the organization.