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University of California, Riverside

Office of Gift Planning


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.

Virginia and Carl Marcoux

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.

eBrochure Request Form

Please provide the following information to view the brochure.

Fund Your Donation With:

  1. Contact Tony Truong at 951-827-3793 or tony.truong@ucr.edu to see a personalized illustration of a pooled income fund.
  2. Consult your CPA or tax advisor.

Legal Name: UC Riverside Foundation
Address: 900 University Ave., Riverside, CA 92521
Federal Tax ID Number: 23-7433570

More Information 

General Campus Information

University of California, Riverside
900 University Ave.
Riverside, CA 92521
Tel: (951) 827-1012

Department Information

Office of Gift Planning
Mailing Address:
900 University Avenue, MC063
Riverside, CA 92521

Physical Address:
1955 Chicago Avenue, Ste. 200
Riverside, CA 92507

Tel: (951) 827-3793
Fax: (951) 827-7311
E-mail: giftplanning@ucr.edu

Related Links

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PIF Chart

A charitable bequest is one or two sentences in your will or living trust that leave to UC Riverside a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

“I give to the UC Riverside Foundation (tax ID #23-7433570), a California nonprofit corporation, [a dollar amount], [a specific property], or [all or a percentage (%) of the rest, residue, and remainder of my estate] to support the greatest needs of the campus at the discretion of the Chancellor.”

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to UCR or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

crt chart

CLT Chart

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to UCR as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to UCR as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

CGA Chart

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.