Securing Our Future

Keep your legacy local (sm).

In 50 years, $972 billion is expected to pass from one generation to the next in Michigan. In just 10 years, $140.6 billion will have transferred.

National research projects a $53 trillion transfer of wealth across the United States. But while the average transfer nationwide will peak after 50 years, wealth transfer in many Michigan counties will crest in twenty to thirty years. In Branch County, the greatest wealth transfer will likely happen between 2030 and 2035.

Much of this wealth is currently invested in family homes and farms, retirement accounts and other appreciated assets---some of which may be heavily taxed if given to heirs.

A one-time opportunity to create permanent benefits for our communities.

If only 5% of local wealth during the next 10 years was earmarked for permanent charitable endowment, the resulting $28 million would generate millions every year for community projects and priorities in our communities---forever.

The Community Foundation invites you to secure our future by helping to build permanent endowments dedicated to improving quality of life in our area.

When you give through the Community Foundation, we can establish a fund in your family name, in the name of a loved one, or the name of a cause that's important to you. Endowed funds last forever and grow over time because the principal is never spent. Earnings are used to make grants in the name of your fund---creating a local legacy of giving.

Ways to give

If you are retired, a planned gift from your estate may be more attractive to you and your family than a large gift today. You can leave a permanent legacy of giving, be a source of pride to your family and join others like you---building a stronger community.

Three easy ways to make a planned gift to your community include:

  • Designate your the Community Foundation as the beneficiary of your IRA, 401(k) or other retirement account. These assets can lose up to 70% of their value when passed to heirs; changing the beneficiary designation does not involve modifying your estate plan.

  • Designate the Community Foundation as the beneficiary of a life insurance policy. Again, there is no need to modify your estate plan.

  • Ask your attorney to add the Community Foundation to your estate plan.

Community Foundation staff will work with you to decide what cause or which organizations in the community will benefit from your gift.

Talk to us to learn about all of the giving options and choose the one that's right you or your client and our community.

Transfer of Wealth Resources