Pooled Income Fund
Strength in Numbers for You and Middlebury
The Middlebury Pooled Income Fund (PIF) works like a balanced mutual fund, using commingled gifts from separate donors to generate an income with modest growth and a hedge against inflation.
You or your named income beneficiary receives annual interest and dividend income based on your share of the fund's units. At the end of the lifetime of the income beneficiary, the value of the fund units will be used by Middlebury College according to your gift designation.
You can establish a PIF with:
- Cash
- Securities or Mutual Funds
- CDs
- Minimum gift of $10,000. Additional units may be acquired with gifts of $1,000 or more.
Your benefits:
- An annual interest and dividend income based on your share of the fund's units
- An immediate charitable income tax deduction
- If funded with highly appreciated assets, you can completely avoid capital gains taxes.
Learn More
Contact Anne McMenamin or Deb Wales, our gift planning professionals, for ideas tailored to your situation. There is no fee or obligation for this service.
For more information, you may also complete our request form, call us toll-free at 866.496.6433, or send us an e-mail.
We look forward to hearing from you soon!
