NEC’s Pooled Income Fund

NEC’s Pooled Income Fund (PIF) is essentially a charitable mutual fund. With an initial investment of at least $10,000, you will receive shares in the PIF and will be paid income based on your pro-rata portion of the fund. When the gift matures at the death(s) of your beneficiary(ies), the remaining principal comes to NEC to be used for a purpose of your choosing.

A Pooled Income Fund Investment offers a number of attractive benefits including:

  • Income for life for yourself, your spouse/partner, or up to two beneficiaries you choose.
  • Charitable income-tax deduction for those donors who itemize deductions.
  • Complete avoidance of capital-gains tax when you fund your investment with appreciated assets such as securities.
  • A variable annual payment based on a secure, conservative investment strategy that aims to pay a strong income while also assuring capital growth of your eventual gift to NEC.
  • You may designate how NEC will use your gift. NEC welcomes the opportunity to consult with you to determine how your gift can best support a particular area of need.

For more information or if you would like a personalized profile of how you can benefit from an investment in NEC’s Pooled Income Fund, please e-mail Simon Welsby, Executive Director of Development or call 617-585-1168.

2013-06-27


IF YOU HAVE TO ASK WHAT JAZZ IS, YOU'LL NEVER KNOW. LOUIS ARMSTRONG
Attention

NEC Update January 27
Due to the continuing weather conditions, NEC will be closed Wednesday, January 28, for classes, rehearsals and administrative offices. Victor Rosenbaum's faculty recital will go on as scheduled at 8 pm in Jordan Hall. The Jordan Hall building will re-open at 6 pm. 2015-01-27


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