A pooled income fund is similar to a mutual fund. Your gift of cash or securities is mingled with other gifts in a "pool" of investments managed by the Institute's professional managers. Each gift to the Fund entitles its participants to a proportionate share of the Fund's net income.

The current earnings of the Fund - all dividends and interest - are paid to beneficiaries on a quarterly basis. You may name a second beneficiary to enjoy a life income from your gift after your death, and ultimately, the gift will pass to the Institute to be used in accordance with your wishes.

Participation in the Institute's Pooled Income Fund means that you do not need to spend time or money managing your stocks. If you donate appreciated low-income securities, you may discover that the combination of investment and tax savings actually results in a substantial increase in after-tax income. In addition, the donor is entitled to a charitable income tax deduction based on the age of the beneficiary and the payout rate of the Fund.

The Fund requires a minimum investment of $25,000 after which additional gifts of $5,000 are possible. Each time you contribute, you can take a charitable income tax deduction on a portion of your gift.

For information about contributions to the Institute's Pooled Income Fund contact:

Peggy Jackson
Planned Giving Officer
Institute for Advanced Study
Einstein Drive
Princeton, NJ 08540
Telephone: 609.951.4612
email: