January 2012

New Opportunities to Retain Wealth in Nebraska Communities: 2011 Transfer of Wealth Study

www.nebcommfound.org

Outline for Today’s Presentation

1. About NCF & NCF Affiliated Funds

2. Transfer of Wealth Opportunity

3. Library Success Stories & Opportunities for Funding

NCF Philosophy Local control; local responsibility Empower local leaders Build endowments to support core mission Add value to local efforts Convene & build partnerships Belief in power of Hometown

NCF Summary – July 1, 2011

212 affiliated funds serve 230 communities 1,800 Affiliated Fund Leaders Total Assets = $70 million 203 planned gifts totaling $41 million 36,222 contributions in last 5 years $81 million reinvested in

Nebraska in last 5 years

Building Assets for Vibrant Communities

2011 Transfer of Wealth Study Resources

www.nebcommfound.org/

Summary report: tow_news_room/

County-level analysis: programs-research/ transfer-of-wealth/

2011 Transfer of Wealth Study

New Census data

Growth in ag economy

Impacts of the recession

Improved methodology

2011 Transfer of Wealth Study $603 billion will transfer in Nebraska in the

next 50 years

Nebraska’s 2011 estimates represent an 84% increase over original findings

51 of 93 Nebraska counties are experiencing their peak years of transfer now or in the next 10 years

County-Based Transfer of Wealth

10

Transfer of Wealth: A Unique Opportunity

To build philanthropy and endowments To prove that capital is not the limiting

resource to community development Achieve sustainability (by using Asset Based

Community Development) To break out of a cycle of dependency

Wealth Transfer Opportunity by

Region

Transfer of Wealth Scenarios for Endowment Building

Transfer of Wealth is at Work Today

Holt CountyTransfer of Wealth

Holt County

What to do now?1. Establish an endowment for your library

2. Give to your existing library endowment

3. Ask your library patrons to give to the library endowment

4. Create a provision in your estate plan to benefit your library endowment

5. Talk with your library patrons about including the library in their estate plan

2011 Transfer of Wealth Study Resources

www.nebcommfound.org/

Summary report: tow_news_room/

County-level analysis: programs-research/ transfer-of-wealth/

Some NCF Community-Based Affiliated Funds benefitting Libraries:

• Bertrand

• Burwell

• Greeley

• Hebron

• Imperial

• Nebraska City

• Ogallala/Keith County• Pender• Wausa• Waverly• Wilber• Wymore

Kreutz Bennett Donor-Advised FundGrantmaking

Planning, enhancement and facilities grants to public libraries in communities with fewer than 3,000 residents

Application

•Grants awarded annually in March•Short application due October 1 of the prior year (Short applications received by October 1, 2011 will be considered for grants made in March 2012.)

•Invited full applications due January 13

More Informationwww.nebcommfound.org/fund/kreutzbennett

For more information:

Jeff Yost

President and CEO

Nebraska Community Foundation

402/323-7332

jeffyost@nebcommfound.org