Pooled Income Funds

        Another kind of trust is called a pooled income fund.  It allows separate
donors to pool their gifts for investment purposes.  Two or more donors must
irrevocably transfer property into the trust, contributing the remainder interest in
the property to the Church.  The Archdiocese then acts as trustee, investing the
combined fund and distributing the annual proceeds to the donors in direct
proportion to the assets each one contributed. The actual dollar amount is not
specified: it depends on the amount earned by the fund.  You may designate
yourself as beneficiary, or anyone else living at the time the fund is created.
Your charitable deduction would be the present value of the remainder interest
in the property, as determined by IRS tables, on the day you transfer it.  You
may add to the fund at any time.

Advantages:
* Opportunity to make a substantial future gift to the Church
* Competitive rate of return
* Professional asset management
* Income for yourself or other beneficiary
* Can unlock appreciated assets for diversification or increased yield
* Immediate tax deduction
* Avoid capital gains taxes
* Estate tax and probate savings