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The Pooled Income Fund
How Does It Work
- Charity creates pooled income fund
- Individual donors make gifts to the fund
- Trustee invests and manages fund
- Trustee makes annual payments to income beneficiaries equal to their proportionate share of the fund
- Donor's shares transferred to Johns Hopkins at death
Benefits
- Income based on the performance of the fund
- Federal income-tax deduction for the charitable remainder value of your gift
- Diversification with numerous gifts pooled for investment purposes
- Gift remainder will provide generous support for Johns Hopkins
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