Pooled Income Fund

A pooled income fund combines your gift with the gifts of other donors to the University of California. A pooled income fund gift to the UC Davis Children’s Hospital is very simple to execute, and you can direct the use of your gift to the project or program that you feel is most important.

You contribute cash or marketable securities to one of the University of California pooled income funds (contributions of tax-exempt securities are not permitted). These funds offer you the benefits of potential market gains while protecting your investment from severe fluctuations by spreading investment risk across a very large pooled fund.

The university’s pooled income funds are similar to commercial mutual funds. Your gift purchases “units” of the pooled fund assets at the time of your gift. Your investment entitles you to a pro rata share of the fund’s annual income, and your annual payments vary with the fund’s performance. You get an income tax deduction at the time you make the gift and avoid capital gains taxes. You may even increase income for yourself or another beneficiary.

Two pooled income funds are available:

• Pool income fund emphasizing income
• Pool income fund emphasizing growth

The minimum initial contribution to a pooled income fund is $10,000. You can make additional gifts of $1,000 or more at any time.

As with all aspects of estate and tax matters, you should seek qualified legal, tax, and financial advice in developing your plan.

If you have any questions or need additional information, please contact Silvia M. H. Lester at (916) 734-7284 or silvia.lester@ucdmc.ucdavis.edu.

UC Davis Health System is recognized as a tax-exempt, 501(c) (3) public charity by the Internal Revenue Service. Your gift to the UC Davis Children’s Hospital qualifies as a charitable deduction for federal tax purposes as permitted by law.