Pooled Income Fund

PIF Diagram

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 Exeter 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: Tell me more...

Please contact us so that we can assist you through every step of the process.

Questions and Answers


How is a pooled income fund invested?

Can I make future gifts to my pooled income account?

Is it better to give cash or appreciated securities?