Your gift of money, marketable  securities, or both to the American Red Cross's pooled income fund is invested together with similar gifts from other supporters.  Each year, you receive your share, which is taxable as ordinary income, of the fund's earning.

     For example, Mr. Simon's $10,000 life income gift is invested in our pooled income fund.  The fund's net income is 6 percent this year, so he receives $600 - his share of the annual earnings.   Each year, Mr. Simon's payment will reflect any increase or decrease in the fund's net income.

     If you are interested in learning more about pooled income funds, please contact Elaine Hansen  here at the Red Cross at mowerarc@charter.net or call                (507) 437-4589