What wealth transfer?
For the past four years I've heard development offices talking about the "greatest wealth transfer" in history. Baby boomers were supposed to inherit $41 trillion from their parents and nonprofits were destined to receive huge windfalls.
Not so fast. The Philathrophy Beat blog links to a Kiplinger's article which argues the inheritance transfer may have been overrated. Perhaps the old rules of fundraising still apply and we'll have to keep asking donors for individual donations after all.
Thursday, August 31
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1 comment:
I would appreciate more visual materials, to make your blog more attractive, but your writing style really compensates it. But there is always place for improvement
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