A Golden Age of Philanthropy Still Beckons: National Wealth Transfer and Potential for Philanthropy Technical Report

Resource title: A Golden Age of Philanthropy Still Beckons: National Wealth Transfer and Potential for Philanthropy Technical Report

Source (copyright holder): Center on Wealth and Philanthropy, Boston College

Resource description: There were two studies in this project. Both studies focused on estimates of wealth transfer and philanthropic giving by households during the period from 2007 through 2061. One study focused on the households in North Dakota. It portrays the remarkable story of a state that avoided the worst ravages of the recession as its economy grew in real terms by18% and the average wealth of its population increased from 13 percent below the national average in 2007 to 21 percent above the national average in 2010. This extraordinary growth portends significantly high levels of wealth transfer and charitable giving especially over the long term of 55 years. The second study focused on household wealth transfer and charitable giving at the national level. Most of these households suffered and continue to suffer from the effects of the recession. This study produced its own set of unanticipated consequences with respect to wealth transfer and charitable giving. This report presents these new wealth transfer findings as well as projections of individual charitable giving during the next half century.

Link for resource: http://www.bc.edu/content/dam/files/research_sites/cwp/pdf/A%20Golden%20Age%20of%20Philanthropy%20Still%20Bekons.pdf

Other notes:


Submitted by: Milan Wall

Organization: Heartland Center for Leadership Development

Contact info:

mwall AT heartlandcenter DOT info

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