Pooled Income Fund
How It Works
The Planned Parenthood Pooled Income Fund is invested as a balanced fund, designed to produce a reasonable income for all beneficiaries and grow through time. It works much like a mutual fund whereby a donor invests in the fund and the dollars invested by all the donors are pooled and invested in a common fund to produce income for all income beneficiaries depending on the number of units (or shares) they own in the fund. For more details, please contact us to request a proposal.
Absolutely! You can make additional contributions to your pooled income account at any time, and thereby increase the number of units you own in the fund which will increase your income.
Gifts of cash or securities to a pooled income fund produce the same result as to the income and charitable deductions you will receive. However, gifts of appreciated securities have the additional benefit of avoiding capital gains taxes.