Pooled Income Fund



How it works

You transfer cash or securities to the Pooled Income Fund trust established by American Red Cross.

The trust 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 American Red Cross when the last income beneficiary dies.

Benefits

  • You receive gift credit and an immediate income tax deduction for a portion of your gift to the trust.
  • You pay no capital gains tax on any appreciated assets you donate.
  • Although modest, the income usually exceeds the level of stock dividends.
  • You can have the satisfaction of making a gift that benefits you now and American Red Cross later.

For more information

Email us, complete the personal illustration form, or call us at so that we can assist you through every step of the process.