A Reserved Life Income Fund (RLI) is a pooled income fund. When a donor makes an irrevocable gift of cash or securities gift to the RLI, it is invested together with the gifts of all other fund donors. Each quarter, the donor's proportional share of the fund's income is distributed to the beneficiaries the donor has named. The income distribution varies with the fund's investment performance. When the last income beneficiary dies, the principal attributable to the gift is removed from the RLI fund and given to AIER, to be used for its charitable purposes. Donors may add funds to their RLI at any time.

How RLIs Work:

1. You transfer cash, securities, or other property to AIER's Reserved Life Income Fund.

2. You receive an income tax deduction and pay no capital gains tax. The fund pays your share of its income each quarter based on the number of units assigned to you or to anyone you name for life.

3. When the last beneficiary dies, your share of the fund's principal passes to benefit AIER.