Your gift of money and/or marketable securities is invested together with similar gifts from other Goodwill supporters. Each year, you receive your share of the fund’s earning. The shares are taxable as ordinary income.

For example, Mrs. Smith’s $15,000 life income gift is invested in Goodwill’s pooled income fund. The fund yield’s a net income of 6 percent this year, so Mrs. Smith receives $900 as her share of the annual earnings. Mrs. Smith will receive her allocation of the fund’s earnings, based upon any increase or decrease of the fund’s net income.