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Surprising research on the projected intergenerational Transfer of Wealth in the Holland/Zeeland Area and a variety of opportunities for sustaining the unique Quality of Life we enjoy.
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The power of giving together
Securing Our Future
Wealth Transfer
A likely scenario for Michigan and the U.S.
Surprising wealth: Michigan
Holland/Zeeland Area
Population: 100,000
$9.88 billion in the Holland/Zeeland Area
$228,000 per household
Surprising wealth transfer in next 50 years
$53 trillion in United States
$972 billion in Michigan
$11.57 billion in the Holland/Zeeland Area
$276,000 per household
• For generations, people lived entire livesclose to their birthplace
• Community wealth passed from generation to generation, but stayed in the Holland/Zeeland area
Yesterday
COMMUNITY WEALTH
• Many of the next generation no longerlive in our community
• Once the wealth leaves our community,it will never return
Today
COMMUNITY WEALTH
Three beneficiaries
Taxes CommunityHeirs
PASSING WEALTH FROM ONE GENERATION TO THE NEXT
Secure Our Future
5%
Invest 5% of our wealth asa legacy for future generations
INCREASING OUR COMMUNITY’S SHARE
Community Foundation of the Holland/Zeeland Area
$578 million in 50 years
5% for future generations
$75 million in 10 years
Critical to the Holland/Zeeland area’s future
Opportunity to retain 5% of the Holland/Zeeland area’s wealth for future generations
The next 10 to 20 years
LOOKING AHEAD
• The Holland/Zeeland area has a robust community endowment and a secure future; or
,
LOOKING AHEAD
Two possible scenarios
• Much of the Holland/Zeeland area’s wealth has been transferred to communities in California, Arizona, Texas and beyond.
We’ve lived here
We’ve worked here
The Holland/Zeeland area has been good to us
Give a gift to our future
LOOKING AHEAD
6+ TIMES
One gift, many generations
YEAR 15
$100,000 in cumulative grants and services
$158,000 balance
YEAR 25
$200,000 in cumulative grants and services
$213,000 balance
assumes 5% annual payout and 8.5% rate of return
Initial gift has been invested: 1 TIME 2 TIMES
YEAR 50
$625,000 in cumulative grants and services
$355,000 balance
YEAR 1
Establish a Family Fund
$100,000 gift
LOOKING AHEAD
Many gifts, many generations
If 5% of estates transfer to our community foundation endowment…
YEAR 10
$ 75 million charitable gifts
$ 16 milliontotal grants
$ 86 million community endowment
YEAR 50
$ 578 million charitable gifts
$ 1.16 billiontotal grants
$ 1.25 billion community endowment
LOOKING AHEAD
• Remember heirs and tax obligations
The plan: Securing Our Future
• Give back to the community
for good…for ever
The payoff
Permanent legacy for donor
Source of pride for heirs
Stronger community for all
SECURING OUR FUTURE
Permanent legacy
Endowed named fund
Targeting causes you care about most
Grants awarded in the name of your fund for generations to come
SECURING OUR FUTURE
Source of pride
Give back to your community
Model values for the next generation
Honor family heritage
SECURING OUR FUTURE
Stronger community
Enrich education · Safeguard health ·
Improve neighborhoods · Cultivate arts ·
Protect environment · Strengthen families
Causes that move you
SECURING OUR FUTURE
Enrich education
GRANTS THAT MAKE A DIFFERENCE
Safeguard health
GRANTS THAT MAKE A DIFFERENCE
Improve neighborhoods
GRANTS THAT MAKE A DIFFERENCE
Cultivate arts
GRANTS THAT MAKE A DIFFERENCE
Protect environment
GRANTS THAT MAKE A DIFFERENCE
Strengthen families
GRANTS THAT MAKE A DIFFERENCE
Charities that touch your life
GIVE THROUGH YOUR COMMUNITY FOUNDATION
Evergreen Commons; The Boys and Girls Club; Resthaven; The
Macatawa Greenway Partnership; The Holland Chorale; Zeeland
Public Schools; Zeeland Christian Schools; Community Action
House; The Center for Women in Transition; The Holland Rescue
Mission; Disability Network; Hospice of Holland
Option to designate a local nonprofit
Ever-changing opportunities and needs
Community Legacy Fund
Together, we can grow a permanent endowment that is flexible
and relevant through changing times. We can build security and
prosperity for future generations.
GIVE THROUGH YOUR COMMUNITY FOUNDATION
Securing Our Future: leaders
The power of giving together.
Char Amante
Jack and Marlies DeWitt
Jim and Ginger Jurries
Paul Lane
David and Carol Myers
Jerry and Elsie Redeker
Evelyn Van Dorp
GIVE THROUGH YOUR COMMUNITY FOUNDATION
Securing Our Future: options
We accept a wide variety of assets.
Outright Gifts
Bequest by Will
Beneficiary Designation
Charitable Gift Annuity
Charitable Remainder Trust
Charitable Lead Trust
Life Estate Contract
GIVE THROUGH YOUR COMMUNITY FOUNDATION
Three easy giving strategies
Give highly appreciated assets during your lifetime
Give retirement assets throughyour estate
Designate the Community Foundation as an insurance policy or retirement account beneficiary
GIVE THROUGH YOUR COMMUNITY FOUNDATION
• Assess your estate value• Calculate a percentage for your community• Determine most advantageous asset to give
Secure Our Future today
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Everyone can be a philanthropist
Community Foundation of the Holland/Zeeland Area70 W 8th Street, Suite 100Holland, Michigan 49423
www.CFHZ.org
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