Pooled Income Fund/Trust Fund Donations

pooled income fund imageWhat is a Pooled Income Fund?

A Pooled Income Fund is a type of trust fund. Many donors contribute to the fund, and these gifts are collectively invested to produce a shared income.

When you make a donation to the Pooled Income Fund, you are eligible for an immediate tax deduction. Additionally, you will receive a quarterly income of 5% of the market value* of your shares for your life and the life of a beneficiary.

The Pooled Income Fund allows your income to be paid to you for your own life and your spouse’s when the gift is given jointly. This way you and your spouse continue to receive income for both of your lives.

Or, you can designate the income to go to a beneficiary after your death. It is even possible to set up more than one account in the fund with different beneficiaries. It is not necessary that your beneficiary be related to you. These choices create a good way to provide income security without creating money management worries for a survivor.

After the original donor and his or her beneficiary die, the value of those shares becomes the property of the Theosophical Investment Trust for the Society’s charitable purposes. This ultimate gift to the Society is called a charitable remainder gift, and it ensures the important work of the Society will continue on in future.

The Details

  • There is no minimum donation requirement.
  • Once the gift has been made it is non reversible.
  • In addition to cash donations, you may also make your gift in the form of securities, stocks, bonds, etc. There may be tax advantages to doing so at the time.
  • You may add to your fund at any time.
  • *The market value on March 31 of each year establishes the distributions for the next 12 months.
  • Checks are mailed by April 15, July 15, October 15, and December 15 for earnings from the prior quarter.
  • All income distributed to you or your beneficiary(ies) is taxed as ordinary income.

The Benefits

  • Your gift supports the future work of the Theosophical Society.
  • Receive an immediate income tax deduction for the charitable remainder value of your gift. Please check with your tax advisor to determine how to calculate this deduction.
  • Secure a steady income for the rest of your life.
  • Provide a steady income for the life of a beneficiary.
  • Gifts to the fund are deductible from federal estate taxes.

Contact donate@theosophical.org if you are interested in contributing to the Pooled Income Fund.

 

 

 



Thank You Donation

Thank you for your donation. Your generosity helps us continue to work towards our mission.

Prison Program

For many decades, the Theosophical Society in America has provided educational support for prisoners throughout the United States. Through our published literature and a variety of correspondence courses that we provide at no charge, prisoners are given the opportunity to use their prison time for learning and self-improvement. We also offer reduced membership rates for prisoners wishing to join the Theosophical Society in America. For information on membership rates for prisoners, please contact the membership department (membership@theosophical.org). 

The prison program enlists the aid of qualified TSA members who volunteer their time to mentor prisoners who have enrolled in one or more of our correspondence courses. For members who are interested in becoming a prison mentor, please contact the National Secretary (natsec@theosophical.org) for details. The prison program also coordinates its work with the Theosophical Book Gift Institute, a non-profit organization whose charter includes providing free Theosophical books to prisoners. 

In a typical year we respond to many hundreds of letters from prisoners. At any given time, we have from 50 to 60 prisoners enrolled in courses. Statistics have shown that the recidivism rate among prisoners who spent time studying Theosophy is significantly lower than the national average. Here is a sampling of comments from prisoners who have been part of our program: 

  • "I was very excited and proud to receive my certificate for completing my correspondence course. I feel my Theosophical education gives me a purpose and a sense of being.” Ryan, Texas
  • "I just wanted to thank you for the book you sent; it really made my Christmas.” Don, Illinois
  • "The hardest thing about prison is watching everyone you know forget about you. I believe in my two years of correspondence you’re the first to reply.” Jeffrey, Florida
  • "Believe me when I tell you that in obtaining this information, I am also moved to tears.” Trandoe, Massachusetts 


Your kind and generous donation will enable us to continue this service to men and women who are incarcerated. Donations will be used to defray the costs of books, instructional materials, and postage.


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