What is a Charitable Pooled Income Fund?  A pooled income fund is one type of strategy for individuals who wish to include charitable giving in their overall estate and wealth planning.  In a pooled income fund, the interests of the donor, the donor’s family and heirs, and the charities involved can all be furthered through the benefits of planned giving. A charitable pooled income fund (PIF) is one of several tools available for those who want to incorporate charitable gifts in their wealth planning.