Thursday, August 31

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.

1 comment:

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