pooled income fund
This unique pooled income fund allows individuals to give a gift
of cash, stocks or real estate to the fund, while receiving lifetime
interest income from the gift. An unlimited donors gifts will
be pooled together in the Fund administered by Union Bank, and
re-invested into one diversified portfolio of high-quality stocks
and bonds. The donor or beneficiary will receive the proportionate
share of the total net income earned by the entire fund.