Learn How You Can Help Change the Face of Central New York
In 2010, the Central New York Community Foundation commissioned a study on the impact that imminent estate transfers will have on the region. Over the next few years, local individuals and families will leave an unprecedented $22 billion to their relatives after they pass away. How much of this enormous generational transfer of wealth will stay in this community?
Now, imagine what would happen if a mere 5% of this – about $1 billion – were retained in permanent charitable endowment funds benefiting this region. That would mean more than $50 million in annual support would be available for the benefit of the Central New York charities. While 5% does not sound like a lot, it could actually transform our community.
Take a few minutes to consider this: Central New York is the home of your heritage, your livelihood and your roots. Setting aside at least 5% of your estate for the community could go a long way in enriching its future. Consider the place that the community can have in your future plans. Those interested can learn more at 5forcny.org.