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  • K-LIFE Pooled Income Fund

    Invest In The Future - Earn 6% For Life.

    Kadlec’s pooled income fund, K-LIFE (Kadlec Life Income Fund), is a charitable giving opportunity that pays you income for life. Through K-LIFE, you receive financial benefits while also supporting Kadlec Regional Medical Center.

    If you are considering a gift to Kadlec, consider a gift to K-LIFE to take advantage of tax laws intended to encourage and reward philanthropy, and supplement your income for the rest of your life.

    Contact Us

    Autumn Clark, Major Gifts Officer:
    (509) 942-3238 or email us

    How Does K-LIFE Work?

    Kadlec Foundation sells all appreciated assets contributed to K-LIFE, adds the proceeds to other cash contributions, and invests the funds in a medical building leased to Kadlec. Rental income is distributed to donors at an annual amount of 6% or more of the initial gift, over one or two lives. Kadlec’s share goes to fund important capital projects.

    Who Can Participate and How?

    Individuals and couples age 60 years and older can participate with a minimum contribution of $10,000.

    Three Ways To Give

    CASH | The most common asset for charitable giving, it is the simplest, most straightforward and immediate way to participate.

    APPRECIATED SECURITIES | A donor can claim a charitable income tax deduction equal to the full fair market value of appreciated securities held for more than 12 months.

    MARKETABLE REAL ESTATE | In some cases, property may be donated to K-LIFE, and the donor receives a charitable income tax deduction for the fair market value of the property.

    How K-LIFE Benefits Contributors:

    • Receive lifetime income at an increasing rate, starting at 6%
    • Avoid capital gains tax on the sale of appreciated securities and property and possibly reduce estate tax
    • Receive a substantial income tax deduction
    • Leave a legacy to better the lives of others
    Single contributor
    of $10,000:
    2015 Tax
    Lifetime Income:
    Age 60 $7,788 $18,210
    Age 65 $8,135 $14,680
    Age 70 $8,470 $8,830
    Age 75 $8,785 $8,830

    For more information, see our Donor Benefits Summary

    K-LIFE Contribution Information

    If you would like to receive a personalized illustration showing how K-LIFE will work for you, please fill out the form below:
    * indicates required field

    Donor Contact Information
    * Name
    *Email Address
    * Phone Number
    *Address 1
    Address 2
    *Zip Code
    Contribution Information

    *Potential Contribution Amount

    *Date of Birth

    Date of Birth of Spouse or Other Beneficiary