The Trillion-Dollar Wealth Transfer

"The Trillion-Dollar Wealth Transfer to Charities: Why It Has Been Slow to Show Up"
The Chronicle of Philanthropy, April 22, 2008
By Peter Panepento

WASHINGTON -- Many nonprofit groups have been anticipating a surge in donations since the landmark prediction by Boston College researchers that showed at least $41-trillion -- including $6-trillion in charitable bequests -- will change hands when members of the World War II and baby-boom generations die.

What they didn’t anticipate was the fact that the transfer would probably take decades. ... ©

Read the full article in The Chronicle of Philanthropy.

For follow-up reading, please see “The Changing Face of America’s Donors,” The Chronicle of Philanthropy, April 22, 2008.

For a reading related to wealth in the Greater Boston area that might trickle down to the Cape & the Islands, please see The Boston Foundation's A Golden Age of Philanthropy? The Impact of the Great Wealth Transfer on Greater Boston (2006).