NYU POOLED INCOME FUND

Gifts of cash or stock to the NYU Pooled Income Fund are “pooled” together for investment purposes. You may designate yourself only and/or another person as income beneficiaries. In return, you and/or your designated beneficiary will receive a proportionate share of the Pooled Income Fund’s net income for life on a quarterly basis. You will also receive an immediate tax deduction. At the last beneficiary’s death, NYU Langone Medical Center receives the remainder interest for the purpose you have designated.

• The Pooled Income Fund is a “balanced fund” invested to produce current income and to provide growth of principal over time. As the fund appreciates, there may be a corresponding increase in income to combat the effects of inflation. Income payments will reflect the performance of the fund.

• While there is no minimum age requirement, the minimum contribution to the pooled income fund is $5,000. You may make additional contributions at any time.

• Income beneficiaries pro rata share of earnings is paid quarterly. Payments are dependant on the earnings of the fund.

• You may claim an income tax deduction in the year you make the gift. The amount of your tax deduction is based on the beneficiary’s age(s) and the Fund’s historical earnings, using a formula specified in the Internal Revenue Code.

• Donors who make gifts to the pooled income fund with appreciated stock avoid capital gains taxes on their gift.

For more detailed information about NYU Pooled Income Fund, please contact the Office of Gift Planning by phone at 212-404-3677 or 800-422-4483, or by e-mail to: plannedgiving@med.nyu.edu.