ESTABLISHING A PIF

Establishing a Pooled Income Fund is easy. Just complete the Donor Account Application from the Fund you have chosen and return it to us with the appropriate asset transfer form or a check made payable to the fund.

Pooled Income Fund applications are easy to complete. Below is an explanation of the information you will need to provide. We are available to assist you with the paperwork by calling us toll free at 800-944-7730.

Complete your information the Donor Area

You can be the sole donor or name a joint donor if you choose.

Name your account

You'll be asked to choose a name for your Pooled Income Fund account. You may want to name the account after your family or have the name reflect the charitable goals of the account, for example, "The Jones Family Charitable Foundation" or "The Wilson Fund for the Arts".

Decide on the Income Beneficiaries

You can be the sole income beneficiary or you can name multiple income beneficiaries that will also receive income during their lifetime. Note that a non spouse income beneficiary may be subject to gift taxes.

Name charitable beneficiaries

You may name a charity or charities to be the beneficiary and inherit the remaining assets in your account,

Select a charitable area of interest

To continue honoring your charitable intent, you can include a charitable organization or area of interest you'd like your grants to support. You could include a specific charitable organization, a university, a particular type of research (for example, cancer or arthritis research) or an area of interest (for example, protecting the environment or supporting the arts in your community).

Fund your account

Checks should be made payable to the Pooled Income Funds you have decided on using. If you have an asset or assets you wish to transfer, simply complete the appropriate transfer of assets form included with the application.

Click here to receive a Free Pooled Income Funds Investors kit.

The information contained on this site is for educational purposes only. It is not intended to be professional tax or legal advice; consult the appropriate professional regarding your specific situations.