Nourishing Hope with your legacy
Pooled Income Fund
How It Works
- You transfer cash or securities to the Pooled Income Fund. Our suggested initial minimum gift requirement is $10,000.
- 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 Nourishing Hope 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
- Frequently asked questions on Pooled Income Funds.
- Contact us so we can assist you through every step.
Nourishing Hope Exists Because of the Support of Our Neighbors.
Providing the equivalent of 4.5 million meals each year, plus thousands of mental wellness and social services that empower healthy lives, Nourishing Hope strives to create a city where all people have the resources needed for a dignified life. Join us today!
