Covenant Hospice has earned The Joint Commission’s Gold Seal of Approval™.

 

Administrative Office
5041 N. 12th Avenue
Pensacola, FL 32504
(850) 433-2155

 
Compliment Card
First name

Last name

Email

Comments
 
Font Size: A A
Increase Font Size Decrease Font Size Print Page Contact Covenant Hospice

Pooled Income Fund

Pooled Income Fund Diagram
Covenant Hospice

How It Works

  • You transfer cash or securities to the Pooled Income Fund. Our suggested initial minimum gift requirement is $10,000.
  • The fund 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 Covenant Hospice at the passing of the last income beneficiary.

Benefits

  • Receive income for life in return for your gift.
  • Receive an immediate income tax deduction for a portion of your gift to the fund.
  • Pay no capital gains tax on any appreciated assets you donate.
  • Income can exceed dividends you were receiving on the securities you donated.

Next


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2013 VirtualGiving.com

United way

Support covenant hospice