In this episode of Money to Give, Rick Peck sits down with Randy Fox, founder of Two Hawks Family Office Services and a nationally recognized expert in charitable estate planning. Together, they unpack one of the most versatile yet underutilized tools in philanthropy: the pooled income fund. Randy explains how pooled income funds — often overshadowed by charitable remainder trusts and gift annuities — can provide donors with lifetime income, flexible investment options, and significant tax advantages, all while creating long-term charitable impact. The conversation explores: What pooled income funds are and how they differ from charitable remainder trusts (CRTs) and charitable gift annuities (CGAs) How both major universities and community foundations use these funds to support their missions Why modern “donor- and advisor-friendly” pooled income funds are making a comeback The flexibility to accept a wide range of assets — from real estate and closely held business interests to cryptocurrency Innovative structures like Randy’s “Preferred Pooled Income Fund,” which combine charitable giving with advanced estate planning strategies Randy also shares how younger donors and multi-generational families can use these funds to align income, impact, and legacy in a single strategy. About the Guest: Randy Fox is the founder of Two Hawks Family Office Services, a leading advisor in advanced estate, tax, and charitable planning. With decades of experience helping families and philanthropists design meaningful giving strategies, Randy is known for blending technical expertise with a deep commitment to purposeful legacy building. Contact Randy:
[email protected] more: www.twoharksfos.com Key Takeaways: Pooled income funds are flexible tools that provide lifetime income and charitable impact without the rigid rules of CRTs. Donors of any age can participate, making them ideal for multi-generational legacy planning. They can accept complex assets — from real estate to private stock to digital currency. Modern pooled funds allow donors and advisors greater choice in investment management and charitable beneficiaries. Creativity matters — as Randy shows through innovations like the “Preferred Pooled Income Fund,” philanthropy continues to evolve with donor needs. Subscribe to the Charitable Giving News for You newsletter for more stories, resources, and tips: Subscribe to Charitable Giving News for You.
