Give - Juniata Scholarship Fund

Pooled Income Funds

A pooled income fund is another form of a split interest trust. Money or property is contributed to the fund which assets are commingled with the property contributed by all other donors. In return for the contribution, the donor receives an income interest in the trust payable quarterly for life. The closest analogy to the pooled income fund is a mutual fund. Gifts to a pooled income fund are irrevocable.

Details of a pooled income fund:

Benefits of a gift to a pooled income fund:

The minimum gift size is $10,000 for an initial contract and $5,000 for subsequent gifts. The minimum age of the income beneficiaries is 50 and the maximum number of income beneficiaries is two.