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Pooled Income Fund

CLICK HERE FOR A DETAILED EXPLANATION

How It Works

  You transfer cash or securities to the pooled income fund.


  The trust issues you units, like a mutual fund, and pays you, or up to two income beneficiaries you name, the annual income attributable to your units for life.


  The principal attributed to your units passes to Nyack when the last income beneficiary passes on.

Benefits

  • You receive gift credit and an immediate income tax deduction for a portion of your gift to the trust.
  • You pay no capital gains tax on any appreciated assets you donate.
  • Income can exceed dividends you were receiving on the securities you donated.
  • You have the satisfaction of making a gift that benefits you now and Nyack later.

More

To learn more about our pooled income fund, Email us, complete the Information Request Form, or call us at (845) 675-4428 so that we can assist you.




Nyack College
1 South Blvd.
Nyack,NY 10960
(845) 675-4428 | Fax: (845) 727-4127




2008 Nyack College and Alliance Theological Seminary. Click here for technical assistance.
1 South Boulevard Nyack, NY 10960 | 845.358.1710
335 Broadway/93 Worth St. 10th Floor New York, NY 10013 | 212.625.0500