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Life Income Gifts - Pooled Income Fund
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Life Income Gifts
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Pooled Income Fund
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Pooled Income Fund

  • Donate a minimum of $5,000 and receive variable quarterly payments for the rest of your life.
  • Payment equals your share of income and dividend earnings each quarter.
  • Good to fund with appreciated stock.
  • You can add to your gift in future years.
  • Minimum additional gift is $1,000.
  • Your congregation and/or the UUA receive the fair market value of what remains of your original gift when you die.
  • On average UUA PIF gifts grow in value and yield a charitable gift that is 127% of the original donation.

Sample Pooled Income Fund Donor

  • Donor age 74, gives $10,000 of appreciated stock, with a cost basis of $5,000.
    • Variable Rate (last year the fund averaged 4.64%)
    • Charitable Deduction of 62%
    • Avoid all of the Capital Gains Tax on the Stock
Sample Pooled Income Fund Donor
Value of Gift
$10,000.00
Charitable Deduction
$6,205.00
First Year’s Income (taxed as ordinary income)
$464.00

Pooled Income Fund

  • Variable payments
  • Payments to 1 or 2 people
  • Minimum donation $5,000, can make additional gifts of $1,000 or more
  • Receive an immediate charitable deduction (slightly larger than CGA)
  • Avoid all capital gains on stock used to fund gift
  • Fair market value of what remains (averaging 127% of donation) goes to the UU entities named by donors.


 
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