Pooled Income Fund

Penn SOMA Logo

Related Links

·	Gift illustration
·	Complete gift description
·	Is this gift for you?
·	Gift example

Back

Pooled Income Fund
(Gift example*)

At 65, you are an active volunteer in your community, play tennis and golf, and invest for long-term growth. The bulk of your portfolio is Westinghouse stock that you acquired during your years with the company, and, although you are concerned that you are too concentrated in this one holding, you are reluctant to pay the capital gains cost of selling and reinvesting.

You want to support PENN Medicine with a gift of $50,000.

To retain an income stream you contribute $50,000 of Westinghouse stock to our Pooled Income Fund.

Here is a summary of your income and tax benefits:

Donor	Individual, age 65
Amount contributed	$50,000
Cost basis	$20,000
Current dividend income	$1,000
Fund's rate of return	5%
First-year income	$2,500 (thereafter variable)
Charitable deduction	$23,667
Increased annual income	$1,500 ($2,500 from Fund vs. $1,000 dividend)
Capital gain avoided	$30,000
Click here to calculate the benefits the Pooled Income Fund would give you.
*This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.

For more information

Email us, complete the personal illustration form, or call us at 215-898-9486 so that we can assist you through every step of the process.

PENN Medicine
Christine S. Ewan, J.D.
Director, Planned Giving
3535 Market Street, Suite 750
Philadelphia, PA 19104-3309
215-898-9486 | Fax: 215-573-2186
E-mail: cewan@upenn.edu

Pulse

Connect with fellow PENN
Medicine Alumni here.

First-time users click here
to create your account.
Forgot your ID or password?