quarterly payments
The iHeart Realty Pooled Income Fund pays a lifetime income for each named beneficiary (maximum of 2), and donor's can name themselves as beneficiaries. The income is taxable and will be distributed on a quarterly basis.
Income can be distributed to beneficiaries concurrently (at the same time) or consecutively to one beneficiary up until their death and then to the remaining beneficiary.
Donations shall be invested into professionally managed real estate, real estate investment trust(s) and funds. The income generated shall be dependent upon the total performance of the Pooled Income Fund and its underlying investments.