The Pooled Income Fund functions in many ways like a mutual fund. Your gift is combined or "pooled" with those of other donors and invested in bonds and U.S. Government Securities. The Fund is professionally managed by Morgan Stanley Dean Witter. All income generated by the Fund is distributed each quarter to donors based on the amount of shares you own. You will continue to receive quarterly distributions for as long as you live. Upon your death, your shares of the Fund are transferred to AOTF and are used to support occupational therapy education and research. The amount of income received each quarter can vary depending on the Fund's performance. For example:

Ms. Miller gives $10,000 to the Pooled Income Fund. Each share is worth $100 so Ms. Miller now owns 100 shares. If the Fund earns $5 a share, Ms. Miller receives $500.

When you contribute to the Pooled Income Fund, you receive an immediate income tax deduction for the charitable remainder value of your gift. The amount of this deduction depends upon your age. If you are unable to use all of your deductions in the year of the contribution, you may carry forward the excess deductions into subsequent years.

You can get a double tax savings if you make your contribution with appreciated securities. You not only get a charitable tax deduction for the full market value of the securities but you also avoid payment of costly capital gains taxes.

For more information on the Pooled Income Fund, or to get an estimation of your tax savings, please contact the AOTF Advancement Office by email or by phone at (301) 652-6611 x2550.

The examples cited in this home page are for illustrative and informational purposes only. Your personal situation may differ. Please consult your tax or legal advisor about your particular situation.

The American Occupational Therapy Foundation is a 501(c)(3), charitable, non-profit organization. Gifts to AOTF are tax-deductible to the extent allowed by law.