Download Pooled Income Fund Application Instructions

SIGMA CHI FOUNDATION
Pooled Income Fund
The Sigma Chi Foundation has offered a Pooled Income Fund since 1977. The fund provides the
opportunity for Sigma Chis to make an irrevocable gift to the Foundation and to be able to receive
income on a quarterly basis generated by the overall investment performance of the fund. The
Pooled Income Fund has a market value in excess of $500,000. Since its inception, the Pooled
Income Fund has appreciated in value by more than 8 percent annually.* The Pooled Income Fund
has a minimum investment requirement of $5,000.
How it Works
The Pooled Income Fund operates much like a mutual fund. A donor makes an irrevocable gift of
cash or appreciated assets (stock, for instance) to the Sigma Chi Foundation and specifies it for the
Pooled Income Fund. The donor can claim the full value of the gift to the fullest extent allowable by
law. The Foundation transfers the funds to a trustee institution for investment purposes. On a
quarterly basis, participants receive income based on the pro rata share of the income earned by the
fund. Upon the death of all named beneficiaries, the fund principle becomes the property of the
Sigma Chi Foundation.
If you would like more information about the Sigma Chi Foundation Pooled Income Fund or about
other planned gift opportunities, please feel free to contact Steve Pracht, associate director of major
gifts and planned giving, at [email protected] or at 847-869-3655, ext. 262.
Pooled Income Fund Trust Agreement Instructions
A Pooled Income Fund Trust Agreement (agreement) must be completed in triplicate. A member of
the Sigma Chi Foundation staff will assist you in the preparation of your agreement.
1. Review the agreement for accuracy and enter any information that is requested.
2. If you are making a gift by check, then include the check with the agreement.
3. If you are making a gift of securities, then make sure your broker has the “Gift of Securities”
instructions and be sure the amount in paragraph No. 1 matches with the settlement amount
in the stock transaction. Gift of securities instructions follow.
4. Sign each copy of the agreement in the presence of a notary public and have each copy of the
agreement notarized.
5. Return all copies of the signed and notarized agreements to the Sigma Chi Foundation in the
envelope provided.
6. An authorized representative of the Sigma Chi Foundation will also sign all copies of the
agreement and a final copy will be returned to you for your records.
*Future fund performance is not guaranteed.
12/31/2007
GIFT OF SECURITIES: SIGMA CHI FOUNDATION POOLED INCOME FUND
Following are the routing instructions for making a gift of stock to City Securities Corporation
for the Sigma Chi Foundation Pooled Income Fund:
DTC # 141
Further Credit to FCC Client SIGMA CHI FOUNDATION
Account #4798-1421
In order to complete this transaction, the donor should do the following:
1. Please provide the stock transfer routing instructions to your broker. As soon as the
transfer has been made and a fair market value has been determined, that
information can be entered in section No. 1 of the Pooled Income Fund Trust
Agreement.
2. Please complete this form and fax or e-mail it to:
MEMO TO:
PHONE:
FAX:
E-MAIL
PETE PETERSON
CITY SECURITIES CORPORATION
(800) 800-2489
(317) 955-2528
[email protected]
THE FOLLOWING INDIVIDUAL(S) WILL BE MAKING A GIFT OF SECURITIES.
DONOR:
PHONE:
___________________________________________
___________________________________________
___________________________________________
___________________________________________
___________________________________________
NAME OF SECURITY:
___________________________________________
QUANTITY:
_______________# OF SHARES
DELIVERING BROKER:
___________________________________________
BROKER CONTACT:
NAME:
PHONE:
___________________________________________
___________________________________________
12/31/2007
NAME:
ADDRESS: