Take an immediate partial tax deduction
The amount of the deduction for each gift is determined by a combination of variables, including the fair market value of the contribution, the ages and number of income beneficiaries, and the Pooled Income Fund's historical rate of return.
Donate appreciated securities to get the most tax savings
Contributions of long-term appreciated securities may avoid capital gains taxes, and you may be eligible to take a deduction based in part on the fair market value of the donation.1 However, short-term appreciated securities are not accepted because these are likely to generate a tax for the Pooled Income Fund.
Reduce estate taxes for your heirs
The Pooled Income Fund can help reduce estate taxes because assets contributed to the Gift Fund are removed from your estate. Please consult your tax advisor to understand your individual situation.
Contribute cash equivalents or securities
Contributions of the following types of assets are accepted for the Pooled Income Fund program:
- Cash equivalents via check or wire
- Publicly traded stock
- Mutual fund shares
- Publicly traded bonds
However, the Pooled Income Fund cannot accept restricted or private stock or any type of tax-exempt securities, shares of mutual funds that hold tax-exempt securities, or other types of property that might affect the tax status of the Pooled Income Fund.
Receive confirmations and quarterly reports
We provide confirmations for each contribution. A quarterly statement of all contribution activities is sent to you.
1 Information provided is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. The Gift Fund does not provide legal or tax advice. Content provided relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. Consult an attorney or tax advisor regarding your specific legal or tax situation.
Speak with a representative: 800-262-6039
Find out more
Call 800-262-6039 to get an estimate of how much income would be generated by a contribution and to get an estimate of what the tax deduction may be.