A pooled income fund is a type of investment trust that is sometimes described as similar to a mutual fund. A donor makes a gift, which is commingled for investment purposes with the gifts of other donors. The fund is professionally managed and invested. The donor or designated beneficiary receives his or her proportionate share of the fund's annual income for life. When the income interest terminates, that share of the fund assets are transferred to Jewish Family and Children's Services. Funds may be established with a gift of $5,000 or more.

• Income is paid to you and/or a designated beneficiary for life.
• You may claim an income tax deduction in the year of the gift (which may be carried over for up to 5 additional years.)
• You may avoid capital gains taxes on long-term appreciated securities.
• Low-yielding, appreciated securities may be reinvested without shrinkage, due to capital gains taxes, often resulting in a higher income.
• Professional asset management services are provided at no cost.

• Bypass capital gains taxes on appreciated securities.
• Convert low-yielding, appreciated securities to investments with a higher return.
• Make a significant gift to JFCS, while retaining annual income from their asset.