Get Income for Life
At Any Age
Donors of any age can make a gift that pays them life income through a UC Pooled Income Funds (PIF). Like a mutual fund, a pooled income fund pays you your share of its total net income each quarter.
You may choose from the UC Regents’ two funds, each with its own investment objective. The UC Long-Term Income Fund holds a portfolio of fixed income securities, while the UC Balanced Growth Fund is invested in a blend of stocks and fixed income securities.
Because income is never paid from principal, your gift will provide generous support to your designated program in the future. In addition, you will get a charitable tax deduction when you establish the gift.
Meet Virginia and Carl Marcoux
Virginia and her late husband, Carl (PhD ’94), shared a passion for Latin American History. They first met through work when Carl was an insurance executive. After retiring, Carl went back to school to pursue graduate degrees. The decision was inspired by Carl’s father, Henry, who only completed six years of formal education but instilled a love of learning in Carl.
Virginia and Carl established the Henry R. Marcoux and Carl H. Marcoux Award for Dissertation Research, which provides a travel stipend to doctoral candidates in Latin American History. They also created a UC Pooled Income Fund that will eventually endow this award, carrying on the Marcoux name in perpetuity.
Virginia has continued to receive the full distribution from their UC Pooled Income Fund after Carl’s passing. She carries on his legacy by generously making annual gifts from her income stream to support an award for a student each year.