Pooled Income Funds

When you make a donation to a pooled income fund, your irrevocable gift of cash or securities is invested with gifts of other fund donors much like a mutual fund. Your proportional share of the income, which varies with the fund's earnings, is distributed quarterly to one or more income beneficiaries named by the donor. When the last income beneficiary of your gift dies, the principal attributable to your gift is removed from the fund and given to Centenary to be used for the purpose you designate.