Pooled Income Fund
(Gift example*)
Example
A 65-year-old donor in the 35% bracket contributes $10,000 in appreciated stock, originally purchased for $2,000, to the University of Connecticut Foundation's Pooled Life Income Fund. Donor
is the income beneficiary. Assume the Fund is currently yielding 4.0%.
Charitable
deduction |
$5,396 |
Income
tax savings (35%) |
$1,889 |
Capital
gains savings (15%) |
$1,200.00 |
Est.
income (first year) |
$400.00 |
PLEASE NOTE: This example is for illustration purposes
only and is not intended as legal or tax advice. Consult your legal and
tax advisors prior to making any material decisions based on this data.
For more information
Email us,
complete the personal illustration form,
or call us at 860.486.6135 so that we can assist you
through every step of the process.
Hal C. Reed, JD, CFRE
Assistant Vice President for Planned Giving
The University of Connecticut Foundation, Inc.
Storrs, CT 06269-3206
Telephone: 860.486.6135
Toll-free: 800.269.9965, Extension 6135
Facsimile: 860.486.1615
E-Mail: hreed@foundation.uconn.edu
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