In the next few years, $22 billion is expected to transfer from one generation to the next through probate estates. Over the next 50 years, the expected transfer for Central New York is estimated at $240 billion.

If just five percent of the projected transfer through 2019 could be invested at the Community Foundation in an endowed fund, nearly $1.1 million would be gained. Figuring a five percent (5%) grant payout, an estimated $55 million could be available annually to improve the quality of life in our community.

Central New York* Data

2010 Net-Worth		10-Year Transfer of Wealth
($ billions)	Per Household	($ billions)	Per Household
$57.49	$188,900	$21.95	$72,100
5% Capture		Grants Available Annually
($ millions)	Per Household	($ millions)
$1,097.30	$3,600	$54.86

View more Central New York Data

See How Your County Stacks Up:

Onondaga County
Madison County
Oswego County
Cortland County
Cayuga County

*Central New York includes Onondaga, Oswego, Cayuga, Madison and Cortland Counties. Research provided by: RUPRI Center for Rural Entrepreneurship, September 2011.