Life Income Plans - Pooled Income Funds Another kind of trust is called a pooled income fund. It allows separate donors to pool their gifts for investment purposes. Two or more donors must irrevocably transfer property into the trust, contributing the remainder interest in the property to the PSOET though the IU Foundation. The School then acts as trustee, investing the combined fund and distributing the annual proceeds to the donors in direct proportion to the assets each one contributed. The actual dollar amount is not specified: it depends on the amount earned by the fund. You may designate yourself as beneficiary, or anyone else living at the time the fund is created. Your charitable deduction would be the present value of the remainder interest in the property, as determined by IRS tables, on the day you transfer it. You may add to the fund at any time. Features & Benefits: Opportunity to make a substantial future gift to the Purde School of Engineering and Technology Competitive rate of return Professional asset management Income for yourself or other beneficiary Can unlock appreciated assets for diversification or increased yield Immediate tax deduction Avoid capital gains taxes Estate tax and probate savings Life Income Plans: Annuity Trusts | Unitrusts | Pooled Income Funds | Charitable Gift Annuities Giving : Dean's Council | Ways to Give to PSOET | Basics | Outright Gifts | Life Income Plans | Other Planned Gift Arrangements | Wills and Estate Plans | Appreciation and Recognition [an error occurred while processing this directive] [an error occurred while processing this directive]