Pooled Income Fund

Pooled Income Fund Diagram

How It Works

  1. You sign pooled income fund agreement outlining beneficiaries, etc.
  2. You transfer cash or appreciated securities to trustee
  3. Your gift will be co-mingled with similar gifts of other donors and invested and managed by a trustee
  4. Trustee makes quarterly payments to income beneficiaries for their lifetimes
  5. Remainder goes to the Met for purposes you specify

Benefits

  • You or one or more beneficiaries will receive income that varies annually with the value of the trust
  • You will receive federal income-tax deduction for the charitable remainder value of your gift
  • You will not be taxed on capital gain when appreciated assets are donated and sold
  • Pooled fund remainder will provide generous support for the Met

Next Steps

Contact Us

For further information, please contact:

Office of Planned Giving
The Metropolitan Opera
Lincoln Center
New York, NY 10023

Phone: 212-870-7388
Email: encoresociety@​metopera.org
Tax ID Number: 13-1624087

Disclaimer

This publication was prepared by Pentera Inc., an Indiana business corporation, which is independent of the Met. Pentera is solely responsible for its content, and the Met disclaims all liability. The information is intended to introduce certain concepts, and we caution you not to rely on it for any legal, tax, or other purpose. You should obtain the advice of your own legal and tax advisors before making any gift.

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