Securing our future…what is your role?
Community Foundation of Northwest Missouri
Americans have created, invested, and multiplied unprecedented private wealth following the Great Depression and World War ll. Over the next 50 years, this capital – a conservative estimate of $56.3 trillion – will change hands. In 50 years, $51.37 billion will transfer in Northwest Missouri alone and most of those dollars will change hands between now and 2060. Some will certainly go to heirs, (and taxes), but a portion may be preserved as your legacy to the future of Northern Missouri. Retaining a slice of that wealth for philanthropy as it transfers from generation to generation is a tremendous opportunity for strengthening our communities.
For generations, people lived their entire lives close to their birthplace, and as wealth passed from one generation to the next, most stayed in the same area. This is no longer true….and once the wealth leaves our communities, it may never return. People are more mobile than they once were and may move out of the area where they have made their wealth. You’ve lived here…. You’ve worked here…Northwest Missouri has been good to you…You can give back!
By securing 5% of the Transfer of Wealth you can provide a stronger future for Northwest Missouri. If our region can reach the goal of preserving at least 5% of the estimated transfer of wealth for our communities – in 50 years, we will have built a $5 billion fund that will generate millions every year for Northwest Missouri communities and projects…. FOREVER!
Much of the wealth in Northwest Missouri is currently invested in family homes and farms, retirement accounts and other appreciated accounts – some of which may be heavily taxed if given to heirs. By designating a portion of your estate good works, you can endow a charitable fund at The Community Foundation of Northwest Missouri. This fund will bear the name of your choice forever and will establish a permanent legacy to help build a stronger community. Talk to us and your professional advisor to learn about giving options and the advantages to you and your heirs. Join other community minded citizens who are making a difference in Northwest Missouri by helping secure future and building stronger communities for generations to come.
“For a community to prosper and grow, it must be able to retain and build on the wealth that is created within its area. Often, when businesses are merged or sold, the wealth they have generated here leaves the area, taking with them the community support that they formerly contributed. This new foundation will provide individuals, businesses, and others with the opportunity to leave a lasting gift for the benefit of designated area charitable organizations. Money earned here stays here!”
Joe Gray
Chairman of the Board
Gray Manufacturing, St. Joseph, Missouri
