Pooled Income Fund Trusts
As its name suggests, the University of Redlands Pooled Income Fund Trust receives contributions from many donors, much like a commercial mutual fund receives funds from many investors.
Donors to the Pooled Income Fund receive all the net income earned in proportion to their respective interests in it. Income varies primarily with the general level of interest rates in the economy, but may also vary with the net asset value of the Trust.
Because of its low minimum initial contribution, the Pooled Income Fund is suitable to those wishing to make more modest gifts than would be required to fund a charitable remainder trust
Minimum initial contribution: $5,000.
Minimum additional contributions: $1,000.