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POOLED INCOME FUND
How It Works
|You transfer cash or securities to the Pooled Income Fund trust established by RTS.|
|The trust issues you units, like a mutual fund, and pays you, or up to two income beneficiaries you name, the annual income attributable to your units for life.|
|The principal attributed to your units passes to RTSwhen the last income beneficiary passes on.|
- You receive gift credit and an immediate income tax deduction for a portion of your gift to the trust.
- You pay no capital gains tax on any appreciated assets you donate.
- Although modest, the income usually exceeds the level of stock dividends.
- You can have the satisfaction of making a gift that benefits you now and RTS later.