In this life-income arrangement, your irrevocable gifts are combined with those of others in the Purdue Research Foundation’s Pooled Income Fund. As an income beneficiary, you will receive your proportionate share of the Fund’s net income. The annual income received is based on your investment in the Fund and varies with the Fund's actual earnings. The Fund allows you to participate in a life-income plan with smaller initial gifts. The minimum amount required is $5,000.

Taxation: The beneficiary is taxed on income received.

Benefits:

• Tax deduction based on value of assets transferred.
• Avoidance of capital gains tax.

For more information, please call the Planned Giving Office at (800) 677-8780 or e-mail plangift@purdue.edu.