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Click on County name for Transfer of Wealth Numbers for that County. |
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The Transfer of Wealth study was commissioned by the Kansas Health Foundation and conducted by the Center for Economic Development and Business Research at Wichita State University. Future intergenerational wealth transfer for each county in Kansas was estimated based on a model initially created by Boston College. A complete report and explanation of how the transfer of wealth was estimated may be found at Kansas Association of Community Foundations’ website at www.kansascfs.org. Following the Great Depression and World War II, the United States entered a golden age of business growth and personal prosperity. Americans have created, invested and multiplied unprecedented wealth. Over the next 50 years, this capital – a conservative estimate of $41 trillion nationwide – will change hands. Most will go to heirs and taxes, but Kansas community foundations are leading an effort to ensure that a portion is preserved and invested in communities across the state. According to the study, a statewide total of $598 billion will transfer from one generation to the next by 2060 and $66 billion will transfer by 2020. Five percent of this 12-year transfer would bring $3.3 billion to community foundations or local nonprofits across Kansas. |
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