planned-giving

“Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.”  - Luke 6:38

As a recipient and steward of God’s bountiful gifts, you have an obligation and opportunity to share and return those gifts, providing support to God’s church and ministries beyond your lifetime.

POOLED INCOME FUND

A pooled income fund is one in which your gift of cash or securities is combined with similar gifts of others and managed like a mutual fund.  You or your designated beneficiary(ies) receive your share of the fund earnings each year. Income varies quarterly with the trust's investment performance. This arrangement generally allows for a higher return to you and the opportunity for long-term growth, which will ultimately benefit Sharon Presbyterian Church. The residual value of your pooled income fund shares is distributed as valuable support for Sharon Presbyterian Church after your lifetime. You are entitled to a charitable tax deduction in the year of the gift.  This amount is determined by the number and ages of income beneficiaries.  Additionally, when the gift is made with appreciated securities, you will not pay any capital gains tax.

pooled income fund

Benefits of this type of gift to You:

  • Receive variable income for life, for yourself and for others
  • Simplicity through participating in an existing trust
  • Potential immediate tax deduction and no capital gains on the transfer of appreciated assets

Next Steps:

Contact us to talk more specifically about the benefits of a pooled income fund gift to Sharon Presbyterian Church.

Contact:

Senior Pastor Rob Blumer
Email: robb@sharonpcusa.org
Phone: (704) 553-0869

Associate Pastor Ron Nelson
Email: ron@sharonpcusa.org
Phone: (704) 553-0869

The above gift description is for informational purposes and not intended as legal or tax advice. To ensure that this form of gift is appropriate for your particular circumstances and estate planning, please consult with your professional advisers.

Last Published: September 13, 2017 11:55 AM
Steps to a Gift