For many viewers, Thirteen’s pooled income fund is a practical option for supporting the future of the programs they favor. The reason is simple: it’s a way to provide themselves (or others) with additional income while making a gift to Thirteen.
How it works
The Thirteen/WNET Pooled Income Fund combines the gifts of many donors and manages them all together. You make an irrevocable gift to the Fund of cash or securities; and the Fund pays you an income for the rest of your life. Each quarter, when the income from the fund is distributed, you’re paid your proportionate share of the earnings.
These payments are made every three months for your lifetime. If you wish, you can name a survivor — your spouse, perhaps — to receive a life income, too. After your lifetime and that of any subsequent beneficiary, assets are withdrawn from the pooled income fund equal to your share and used to further the kind of programming you enjoy.
The Benefits
- You receive a steady stream of income for life
- You immediately deduct a portion of the value of your gift on your federal income tax return.
When you donate appreciated securities, you avoid the tax on the gain that a sale would generate.
You can obtain professional management of your assets, diversify your investment, and eliminate the responsibilities, worries, and costs of personal involvement
To Learn More
Please contact us for more information:
Office of Planned Giving
Thirteen/WNET New York
825 Eighth Avenue
New York, NY 10019
(212) 560-4989
plannedgiving@thirteen.org

