431 East Fayette Street Suite 100 Syracuse, NY 13202 Tel: 315.422.9538
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.

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