Everfund Pooled Trust

What Everfund Pooled Trust does

Everfund Pooled Trust Inc. is a federally approved 501(c)(3) nonprofit organization established in 2018 and headquartered at 15 Perlman Drive, Suite 116, Spring Valley, New York. The company administers pooled income trusts that allow disabled individuals of any age, including elderly persons with age-related infirmities, to deposit monthly excess income that would otherwise be counted against their Medicaid eligibility under New York Medicaid law. By placing income into the trust, beneficiaries preserve funds for standard living expenses — rent, food, clothing, and utilities — while maintaining Medicaid Home Care coverage. The service addresses a specific regulatory gap: Medicaid spend-down rules do not exempt living expenses, leaving recipients without sufficient funds for daily needs.

The core product is the Pooled Income Trust Service, supported by four service modules: Joinder Agreement Processing for enrollment, ongoing Trust Account Management, a dedicated Case Management Service, and a Home Visit Service that delivers in-person support at the beneficiary's residence. There is no proprietary technology platform; the company's value is delivered through trained case managers, regulatory compliance expertise, and personalized beneficiary support. Distribution is direct-to-consumer within New York State, with marketing conducted via the company website (which hosts downloadable Declaration of Trust, Joinder Agreement, Policies and Procedures, and Fee Schedule documents), phone, and email.

The business model is a recurring monthly fee charged to beneficiaries for trust administration services. Specific fee tiers are not publicly disclosed but are available in a downloadable Fee Schedule document. The company operates with 1-10 employees, serves only individual Medicaid recipients in New York, and has no disclosed parent company, venture backing, partnerships, or acquisition activity. There is no public revenue, headcount growth trend, or external funding data available, making this a small, independently operated nonprofit with a geographically constrained footprint and a stable but limited growth profile.

Name

Everfund Pooled Trust

Legal name

Everfund Pooled Trust Inc.

Website

https://everfundtrust.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Everfund Pooled Trust is a New York-based 501(c)(3) nonprofit that administers pooled income trusts, enabling disabled and elderly Medicaid recipients to preserve excess monthly income for living expenses while maintaining Medicaid eligibility.

Ownership category

akta.pro rank

Product category

Trust Administration Services

NAICS

Trusts, Estates, and Agency Accounts (52592)

akta.pro primary industry

Personal & Family Trust Services (FSAAANAA)

akta.pro secondary industry

Personal Trust & Fiduciary Administration (FSAEAKAA)

Keywords

• Pooled income trust
• Medicaid eligibility services
• Trust administration services
• Supplemental needs trust
• Elderly disability services

Headquarters

HQ city

Spring Valley

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Trust Administration Services: Everfund Pooled Trust generates revenue through trust administration fees charged to beneficiaries who join the pooled trust. The company charges fees for processing Joinder Agreements and managing trust accounts. Specific fee amounts are available in the downloadable Fee Schedules document.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Everfund Pooled Trust administers a pooled income trust that enables elderly and disabled individuals in New York to deposit monthly excess income into a federally approved 501(c)(3) trust, exempting it from Medicaid spend-down rules. Beneficiaries maintain Medicaid Home Care eligibility while using the deposited funds for rent, food, clothing, and utilities. The service includes Joinder Agreement processing, ongoing trust account management, and dedicated case management with in-home visits.

Product overview

Everfund Pooled Trust operates as a single integrated service offering centered around a pooled income trust. The core product is the Pooled Income Trust Service, which is supplemented by four key service modules: Joinder Agreement Processing (for enrollment), Trust Account Management (for ongoing account administration), Case Management Service (for dedicated support), and Home Visit Service (for personalized assistance). These components work together as a unified offering to help elderly and disabled individuals preserve income and maintain Medicaid eligibility.

Differentiator

Problem solved

Functional benefit

Products and services

• Pooled Income Trust Service A supplemental needs pooled income trust administered under 501(c)(3) nonprofit status that allows disabled individuals of any age (including those with age-related infirmities) in New York to deposit monthly excess income, exempting it from Medicaid spend-down calculations. This enables beneficiaries to maintain or obtain Medicaid Home Care eligibility while preserving income to pay for rent, food, clothes, and utilities. The service includes Joinder Agreement processing, ongoing trust account management, dedicated case management, and in-home visits.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves2 records

Expansion highlights3 records

Emerging players

• Citizens Disability: Disability-focused services firm offering pooled trust and Medicaid planning for individuals seeking to protect eligibility, providing partial overlap with Everfund's Medicaid-eligibility preservation use case.
• Disability Planning Center: Specialized Medicaid and disability planning practice that helps beneficiaries preserve benefits through pooled trusts and similar instruments, addressing the same income-spend-down problem Everfund targets.

Broad incumbents

• Wells Fargo Wealth Management: Diversified incumbent wealth and trust services franchise with personal trust administration capabilities; comparable on underlying fiduciary administration infrastructure but operates in far broader categories than Everfund's niche.
• BNY Mellon Wealth Management: Large incumbent offering personal trust and fiduciary administration services as part of a much broader wealth platform; overlaps with Everfund in trust administration functionality but not in the Medicaid-pooled-trust specialty.
• Vanguard Personal Trust Services: Major incumbent with personal trust and estate administration capabilities serving a much broader retail wealth audience; comparable as a general-purpose trust administrator but does not specialize in Medicaid pooled income trusts.

Direct peers

• Milestone Financial Services: Operates pooled income trust services for Medicaid-eligible individuals in the greater New York region, directly competing with Everfund on the same beneficiary population, regulatory framework, and recurring-fee trust administration model.
• The Arc New York: Statewide disability advocacy organization that administers pooled supplemental needs trusts for people with intellectual and developmental disabilities in New York, overlapping Everfund's target population and pooled-trust regulatory niche.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/everfund-pooled-trust

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Everfund Pooled Trust