Hudson River Stewards: Scenic Hudson's Planned Giving Society

Pooled Income Fund

The Scenic Hudson pooled income fund combines the gifts of many donors and manages them all together. You make an irrevocable gift to the fund (with cash or securities) and the fund pays you an income for the rest of your life. Each quarter, when the income from the fund is distributed, you’re paid your proportionate share of the earnings.

These payments are made every three months for your lifetime. If you wish, you can name a survivor to receive life income too. After your lifetime and that of any subsequent beneficiary, assets are withdrawn from the pooled income fund equal to your share and used to further Scenic Hudson’s mission.

Benefits of a Pooled Income Fund

You receive a steady stream of income for life.
You immediately deduct a portion of the value of your gift on your federal income tax return
When you donate appreciated securities, you avoid the tax on the gain that a sale would generate.
You can obtain professional management of your assets, diversify your investment, and eliminate the responsibilities, worries and costs of personal involvement.

“I love this land and don't want it developed after I'm gone. Working with Scenic Hudson, I've managed my assets and safeguarded this property forever. They took time to understand my wishes and have the integrity and professionalism to turn my vision into a lasting reality.”
—Gerald Morgan, Jr., Hyde Park