If you are interested in making a special gift to Planned Parenthood and earning some income during your lifetime, a gift to Planned Parenthood’s pooled income fund may meet your objectives.
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To participate in the Planned Parenthood pooled income fund, you would make an irrevocable gift of $5,000 or more, in return for shares in the fund. Your gift and that of others is invested in the Pooled Income Fund for the duration of your life. You will receive the income earned by the fund in proportion to the number of shares you own. All donors qualify for an income tax charitable deduction. If you make your gift with appreciated securities, you avoid the capital gains tax. Your annual income will fluctuate based on the fund performance. The income is taxed as ordinary income to you. Most importantly, you have established a legacy for Planned Parenthood or one of our affiliates.
Example:
Donor
one person, age 80
Amount of Gift
$10,000
Income Tax Charitable Deduction
approximately $7,200
Payment Rate
variable, based on earnings
First Year's Income
$400 estimated, income can increase (or decrease) in future years.
Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us.
