POOLED INCOME FUND ADMINISTRATIVE SERVICES

• Maintain individual donor sub-accounts, including donor PIF agreement information, PIF investments, donor contributions and PIF distributions to income beneficiaries and charitable organizations.
• Prepare and distribute periodic PIF financial statements to income beneficiaries.
• Prepare and file IRS Form 8282 when required.
• Prepare and file Federal and State tax returns (as required) for the charitable organization administering the PIF and for the PIF income beneficiaries.
• Monitor donor PIF compliance with the charitable organization’s PIF policy.
• Produce PIF charitable contribution receipt letters, and process charitable remainder distributions, including verification of charitable organization’s IRS tax exempt status.
• Monitor and report PIF income and disbursement activity.
• Prepare quarterly individual and consolidated PIF reports as required.