What is the Pooled Income Fund?
The Pooled Income Fund is a plan for giving that commingles gifts from many donors for investment purposes, shares the net income proportionately among them, and distributes the remainder to UT Brownsville upon the death of the designated income recipients.

Does a gift to the Pooled Income Fund make sense for me?
The Pooled Income Fund is ideal if you want to:

• Make an irrevocable gift to The University of at least $10,000
• Receive certain tax benefits and potentially avoid capital gains taxes upon transfer of assets to the Fund
• Receive a return from the Fund during your lifetime and/or that of your spouse or other beneficiary over the age of 55

What kinds of assets can be contributed to the Pooled Income Fund?
Cash and most marketable securities can be contributed to the Fund.  Many donors like to contribute assets such as low-divided stocks that have been generating little or no income.  By making a gift to the Pooled Income Fund, you can assure yourself of a return annually for your life and, if you desire, the life of your spouse or another beneficiary over the age of 55.

May I recall some of the principal of my gift if I need the money?
No. U.S. Treasury Department regulations require that all gifts to the Fund be irrevocable.

How often will I receive income from the Fund?
The Fund makes quarterly distributions.

Must I pay income taxes on these distributions?
Yes.  Distributions from the Pooled Income Fund are taxable as ordinary income.

Who manages the Fund?
As trustee, the Board of Regents of The University of Texas System has fiduciary responsibility for the Fund.

As with any decision involving your assets, we urge you to seek the advice of your professional counsel when considering a gift to The University of Texas at Brownsville and Texas Southmost College.