Pooled Income Fund
Take an immediate partial tax deduction
The amount of the deduction for each gift is determined by a combination of variables, including the fair market value of the contribution, the ages and number of income beneficiaries, and the Pooled Income Fund's historical rate of return.
Donate appreciated securities to get the most tax savings
Contributions of long-term appreciated securities may avoid capital gains taxes, and you may be eligible to take a deduction based in part on the fair market value of the donation.1 However, short-term appreciated securities are not accepted because these are likely to generate a tax for the Fund.
Reduce estate taxes for your heirs
The Pooled Income Fund can help reduce estate taxes because assets contributed to the Gift Fund are removed from your estate. For more information, please consult your tax advisor.
Contribute cash equivalents or securities
The Pooled Income Fund accepts these types of assets:
- Cash equivalents via checks or wires
- Long-term appreciated publicly traded stock
- Long-term appreciated mutual fund shares
- Long-term appreciated publicly traded bonds
However, the Pooled Income Fund cannot accept restricted or private stock or any type of tax-exempt securities, shares of mutual funds that hold tax-exempt securities, or other types of property that might affect the tax status of the Fund.
Receive confirmations and quarterly reports
We provide a quarterly statement of all balances, including any contribution activity.
1 Information provided is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. Neither Fidelity nor the Gift Fund provides legal or tax advice. Content provided relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. Consult an attorney or tax advisor regarding your specific legal or tax situation.
Call for an income estimate to be generated by a contribution and find out what the tax deduction may be: 1-800-280-6357
Go to the Fidelity Charitable Gift Fund web site to learn more.