Find A Physician

Return to Pooled Income Funds Overview

More on Pooled Income Funds

Newsroom

Return to Pooled Income Funds Overview

More on Pooled Income Funds

Research and Clinical Trials

Return to Pooled Income Funds Overview

More on Pooled Income Funds

Clinical Services

Return to Pooled Income Funds Overview

More on Pooled Income Funds

Pooled Income Funds

With a pooled income fund, you can contribute to NewYork-Presbyterian Hospital and receive lifetime income in return. Similar to mutual funds, these are trust funds in which your gift is combined with others, and you are assigned units in the fund. You receive your pro rata share of the variable income earned by the fund each quarter. The annual yield and quarterly income payments vary every year. You may also provide income to your spouse and/or another individual designated by you. On the death of the surviving beneficiary, a pro rata share of the pooled income fund's principal is removed from the fund and distributed to the Hospital in accordance with the purpose specified by you.

How You Can Save Taxes

You can receive an immediate Federal income tax deduction for a portion of your gift to the NewYork-Presbyterian Pooled Income Fund. By donating appreciated property, you can avoid the long-term capital gains tax. You also can currently realize significant estate tax savings.

How You Can Join the Hospital's Pooled Income Fund

To make a gift, you irrevocably donate cash or marketable securities to the Hospital. The minimum contribution to the Hospital's pooled income fund is $10,000; additional gifts of $1,000 or more may be made at any time. Your account is invested and administered by The Bank of New York Mellon, at no cost to you, and you may designate the future use of your gift at the Hospital.

Note: as you consider any charitable gift plan, please consult with your tax or financial advisor to determine the tax/financial implications for you and your family.

Calculate the benefits of a pooled income fund.

For more information, please contact the Planned Giving Office at

Telephone: (646) 317-7300
E-mail: donate@nyp.org

  • Bookmark
  • Print

    Find a Doctor

Click the button above or call
1 877 NYP WELL


eNewsletters
Top of page