Life Income From Our Pooled Income Fund

Let's assume you want to make a major contribution to your favorite charitable organizations and still preserve an income from the principal.

To accomplish your goal, you can give cash or securities or both to our pooled income fund. Your gift is added to the fund for investment and managed along with the deferred gifts of other donors. Each year you receive your share of the fund's earnings for that year.

Your gift is irrevocable, but we agree to pay you an income for the rest of your life. If you wish, you can name one or more survivors to receive a life income, too--perhaps your spouse or another member of your family.

After your lifetime (or the lifetime of another beneficiary you have named), your gift becomes available to us to support our vital needs.

When you itemize your deductions on your federal income tax return, you benefit from a sizable charitable deduction for the year of your gift. The value of your deduction is based not just on the value of the assets given but also on your age and the age of any other beneficiary, as well as the rate of return earned by the fund in recent years.

You can benefit even more when you donate appreciated securities -- no up-front long-term capital gain is taxable to you. And our pooled income fund pays no tax when it sells securities held long-term.

Find Out How You Can Benefit
We will be glad to explain the specific financial benefits you can enjoy.

Please contact Mary Ludwig, Development Director at 712-732-5127, for more information.

The information on this site is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.

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