The Planning Need
If you are in retirement and need quarterly income that provides a built-in inflation hedge, the Middlebury Pooled Income Fund can provide good income with only a modest dollar commitment...best for ages 60+ relying on investments vulnerable to inflation.
The Solution
A Middlebury Pooled Income Fund works somewhat like a balanced mutual fund. Starting with a modest initial investment amount, the income beneficiaries receive for life a proportionate share of the entire net income earned as a result of the professional management of the fund.
The Pooled Income Fund offers a range of benefits:
- Generate quarterly income from a pool of gifts that are managed to provide some income and some growth
- Enjoy a complete by-pass of long-term capital gains taxes
- Receive income tax charitable deduction for a portion of the gift which reduces taxes now
- Participate in results of professional fund management
The Pooled Income Fund attributes:
- Fund consisting of separate donors using commingled gifts
- Quarterly income
- Trustee invests to provide good income with modest growth
- Income tax charitable deduction for a portion of the gift and capital gains benefits
- $10,000 minimum
- Additions of $1,000 or more can be made anytime after initial gift to participate