The Pooled Income Fund is a type of charitable giving program that combines the tax advantages of charitable giving with the benefits of a lifetime income stream for up to two beneficiaries, which can include the donors.
Give
Make an initial contribution to the Gift Fund for the Pooled Income Fund.
Choose
Select one or two income beneficiaries — which can include you — and recommend up to ten charities to receive the value of the account after the last income beneficiary's death.
Receive
The beneficiaries receive lifetime income generated by the Pooled Income Fund's investments, distributed quarterly, with the value of the account going to charities.