1 doug friedli, development director nebraska community foundation capturing wealth transfer to...
TRANSCRIPT
![Page 1: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/1.jpg)
1
Doug Friedli, Development DirectorNebraska Community Foundation
www.nebcommfound.org
CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN
Presented to the Indiana HTC Pilot Communities
Indianapolis, IN * February 2008
![Page 2: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/2.jpg)
2
Outline for Today’s Presentation
1. Sustaining Your Community
2. Why and How to Build an Endowment
3. Transfer of Wealth Opportunity
4. Strategic Grantmaking
5. Identifying Leaders and Advocates
6. Next Steps – Plan of Action
![Page 3: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/3.jpg)
3
Wealth Capture Pillar
Lea
der
ship
En
trep
ren
eurs
hip
Wea
lth
Cap
ture
You
th
HomeTown CompetitivenessHomeTown Competitiveness
![Page 4: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/4.jpg)
4
“Charitable” defined
• Relief for the poor and distressed
• Promotion of good health
• Lessening the burdens of gov’t.
• Advancement of religion
• Advancement of education and science
• Promotion of social welfare
![Page 5: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/5.jpg)
5
Learning Activity #1
Who do you make Charitable Gifts to?
From your current income…
From your assets…
![Page 6: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/6.jpg)
6
87%
13%
Donated Money
Nebraska Rural Poll - 2002
No Donation
![Page 7: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/7.jpg)
7
Nebraska Rural Poll - 2002Already in will
Would Consider
Not sure
4%8%
49%
12%Intend to do so
27% Would not Consider
![Page 8: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/8.jpg)
8
Rural Community Fundraising
What’s been successful?EventsAnnual Operating CampaignsCapital Campaigns
What’s been lacking?Endowments to sustain the communityEndowments for economic development
![Page 9: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/9.jpg)
9
What are Endowments . . .
A Community Savings Account
![Page 10: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/10.jpg)
10
![Page 11: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/11.jpg)
11
Community Affiliated Funds Governed by Fund Advisory Committees (FAC)
FAC Responsible for:
– Setting Local Priorities & Agenda
– Engaging the Community
– Donor Targeting & Visitation
– Grant Making
![Page 12: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/12.jpg)
12
![Page 13: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/13.jpg)
13
Helps Communities Spiral Up• Philanthropy for ongoing
funds for leadership, youth, and entrepreneurship
• Cultural capital increases with pride and hope as young people return
• Youth engagement, leadership and entrepreneurship development and capturing wealth transfer creates new social, cultural and financial capital.
• Social, political and financial capital to support HTC and early assessment
• Cultural capital begins to change—We can do it!
• Bridging social capital brings outside expertise together with internal wisdom
SP
IRA
LIN
G U
P
Phase 1
Phase 2
Phase 3
Sustainability
![Page 14: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/14.jpg)
14
Learning Activity #2Asset Mapping Exercise
• Advocates
• History of Giving Locally
• Existing Local Foundations
• Local Resources
• Outside Resources
![Page 15: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/15.jpg)
15
Intergenerational Transfer of Wealth
An Unprecedented Opportunity for Rural America
“Millionaires in the Millennium”Havens & Schervish, 1999
Boston College
![Page 16: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/16.jpg)
16
The Intergenerational Transfer of Wealth: A Critical Opportunity For Rural
• Largest Ever Transfer of Wealth
• Urgency – TOW is peakingAging Rural Populationmany rural counties have 25% or greater 65+Heirs residing outside of Nebraska
• Goal - Capture 5% of Each Estate for HometownCreate an Unrestricted Endowment.Earnings will be reinvested year after year.
![Page 17: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/17.jpg)
17
Transfer of Wealth:A Unique Opportunity
• To build philanthropy and endowments
• To prove that capital is not the limiting resource to community development
• To build sustained community development strategies (by using Asset-Based Community Development, or ABCD)
• To break out of a cycle of dependency
![Page 18: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/18.jpg)
18
![Page 19: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/19.jpg)
19
America's Wealth Transfer:A Likely Scenario
4
5
6
7
8
9
10
11
12
1999 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
% o
f W
ealt
h R
ele
ased
United States Nebraska Rural Nebraska
Rural NebraskaEstimated WealthTransfer = $94 billion
Nebraska Estimated Wealth Transfer = $258 billion
United States Estimated WealthTransfer = $41 trillion
![Page 20: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/20.jpg)
20
Peak of TransferGroup 1 – 2000 to 2014
Group 2 – 2015 to 2039
Group 3 – 2040 and after
County-Based Transfer of Wealth
![Page 21: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/21.jpg)
21
![Page 22: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/22.jpg)
22
Focus on Assets and Future GiftsIn land-rich, cash-poor rural economies,
traditional urban income-based fundraising strategies will not succeed.
Focus on Gifting Assets, not Income.
Therefore, estate planning, and creation of expectancies within those estate plans, is paramount to success.
![Page 23: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/23.jpg)
23
Community Case StudyValley County, Nebraska
• Population = 4,647; 10% loss in ten years
• Primarily farm/ranch economy; strong retail and service sector; little manufacturing
• 50% more low-income residents than state average; 50% less upper-income residents
• 22% elders; 13% over 75 (2x state average)
![Page 24: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/24.jpg)
24
![Page 25: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/25.jpg)
25
VALLEY COUNTY CHARITABLE GOAL SETTING
December 31, 2007
10- Year County Wealth Transfer = $119,400,0005% of 10-Year Transfer = $5,950,000
Current Endowment = $1,557,839Current Expectancies (6 expectancies) = $5,350,000
__________________________
Total Endowment & Expectancies $6,907,839
Percent of 5% Wealth = 116.10%Transfer Achieved
![Page 26: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/26.jpg)
26
![Page 27: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/27.jpg)
27
Many Success StoriesAffiliated Fund Population 31-Dec-07 Total*
Valley County 4,647 $6.9 million
McCook 7,994 $2.4 million
O’Neill 3,733 $2.1 million
Butler County 8,767 $ 897,000
Imperial 1,982 $ 515,000
*total includes endowed assets and expectancies
![Page 28: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/28.jpg)
28
Andy and Geri Anderson Endowed Gift of $346,341 to the McCook Community Foundation
“To us it is important to give while we are still alive. We want to see
the benefits our gift makes to the
community.”
- Andy Anderson
First year grant of $13,500 for:
• McCook HTC Youth Task Force• Entrepreneurship training for
teachers• 4-H ESI Entrepreneurship curriculum• Youth-led community project
First year grant of $13,500 for:
• McCook HTC Youth Task Force• Entrepreneurship training for
teachers• 4-H ESI Entrepreneurship curriculum• Youth-led community project
![Page 29: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/29.jpg)
Examples of Strategic Grants
• Non-Traditional Scholarships • High-quality affordable child care• Microenterprise business development• Build Leadership with a Purpose• Capitalize Youth Foundation• Retaining and recruiting volunteers • Value-added curriculum for K-12 school
![Page 30: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/30.jpg)
30
"To give away money is an easy matter, and in any man's power.But to decide to whom to give itand how large and when, and for what purpose and how,is neither in everyman's power--nor an easy matter.Hence it is that such excellence is rare,praiseworthy and noble. "
Aristotle 384-322 BC
![Page 31: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/31.jpg)
31
Community Endowment Building for Your Hometown
Set a GoalBuild Case StatementDetermine CatalystsTarget and Visit DonorsIdentify Board LeadershipTimeline
![Page 32: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/32.jpg)
32
![Page 33: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/33.jpg)
33
Case Statement
• A case statement is the why to give. It is the rationale for a donor to make a gift.
• In rural communities, the case statement must be crafted in one of two ways: Needs and Opportunities.
![Page 34: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/34.jpg)
34
HTC as a Case Statement
HTC helps Communities to:Start and Grow Small BusinessesProvide Better Employment OpportunitiesExpand Leadership CapacityProvide a Better Reason for Young People to
Live and Work in their Hometown
HTC is a Better Case to Prospective Donors
![Page 35: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/35.jpg)
35
Learning Activity #3The Case Statement: What Does Our Hometown Need? What Opportunities
Should We Pursue?• ________________________
• ________________________
• ________________________
• ________________________
• ________________________
• ________________________
![Page 36: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/36.jpg)
36
Catalysts
Choose and pursue one or more of the following catalysts to get your endowment building started:
Challenge grant(s)Education and trainingOutreach to financial advisorsDonor visitation Award Grants at a Community Celebration
![Page 37: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/37.jpg)
37
Learning Activity #4
What Catalysts should we pursue
that could propel the process?
![Page 38: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/38.jpg)
38
Four Steps to Yes!
• Create a Trusting Relationship!
• Jointly Determine a Common Concern, Need or Problem
• Jointly Determine a Real Solution to the Problem
• Express the Sense of Urgency in Creating a Solution
![Page 39: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/39.jpg)
39
Ask
Trust
Prospect
![Page 40: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/40.jpg)
40
Marketing Motivators
• 50% to 70% have no will or estate plan.• 8 of 12 largest gifts were bequests.• 70% of endowments from bequests• Fewer than 20% of people have ever
been asked• Wealth Transfer
![Page 41: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/41.jpg)
41
Ways to GiveOutright Gifts
• Cash
• Real Estate
• Securities
Planned Gifts
• Bequest by Will
• Life Insurance
• Financial Account
• Retirement Account
• Charitable Gift Annuity
• Charitable Remainder Trust
![Page 42: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/42.jpg)
42
Donor Identification/Targeting Who do you know who …………
• Is over age 60• Has lived here all of their adult life• Is a business owner• Lives a comfortable yet modest lifestyle• Owns real estate (home, commercial, farm/ranch)• Is a compulsive saver and investor• Is concerned about the welfare of others• Loves their hometown
![Page 43: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/43.jpg)
43
Learning Activity #5
Identify Potential Donors
![Page 44: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/44.jpg)
44
Identify Board Members
Board members should be persons who: influence public opinion, are community leaders, and are willing to give of their:
Time (meetings, donor visitations)
Talents (working, celebrating)
Treasure (100% of Board gives)
“Marathon – Not a Sprint”
![Page 45: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/45.jpg)
45
Respected and Trusted Steward
Has history of sound judgment Is believable Demonstrates impeccable record Has respect across diverse groups Reflects nature of community stewardship Role model for contributing time, talent, treasure
![Page 46: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/46.jpg)
46
Learning Activity #6
Identify Leaders &Advocates
![Page 47: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/47.jpg)
47
Action Plan
1. Set the Goal
2. Case Statement
3. Catalysts
4. Advocates
5. Donor Visitations
6. Calendar of Events/ Time Line
![Page 48: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/48.jpg)
48
Learning Activity #7
Next Steps for my Community
to build an Endowment for HTC
![Page 49: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/49.jpg)
49
Summary
1. Sustaining Your Community
2. Why and How to Build an Endowment
3. Transfer of Wealth Opportunity
4. Strategic Grantmaking
5. Identifying Leaders and Advocates
6. Next Steps – Plan of Action
![Page 50: 1 Doug Friedli, Development Director Nebraska Community Foundation CAPTURING WEALTH TRANSFER TO BUILD AND SUSTAIN YOUR HOMETOWN Presented](https://reader036.vdocuments.site/reader036/viewer/2022070412/56649ed15503460f94bdfac3/html5/thumbnails/50.jpg)
50
Workshop Wrap Up. . .
Back Home
WorkshopEvaluation
Next Steps
FinalThoughts