Pooled Income Fund
How It Works
- You transfer cash or securities to the Pooled Income Fund.
- The fund issues you units, like a mutual fund, and pays you (or up to two income beneficiaries you name) the annual income attributable to your units for life.
- The principal attributed to your units passes to National Audubon Society at the passing of the last income beneficiary.
Benefits
- Receive income for life in return for your gift.
- Receive an immediate income tax deduction for a portion of your gift to the Fund.
- Pay no capital gains tax on any appreciated assets you donate.
- Income can exceed dividends you were receiving on the securities you donated.
Next
- More detail about pooled income funds.
- Frequently asked questions on pooled income funds.
- Contact us so we can assist you through every step.
We’re Here To Help! Please contact us for further assistance.
Office of Gift Planning
National Audubon Society
225 Varick Street, 7th Floor
New York, NY 10014
212-979-3033
plannedgifts@audubon.org
