In this decade alone, foundations could build endowments worth $5.3 billion and generate $263 million in charitable donations by tapping into just 5% of the wealth expected to be transferred.
Those tempting numbers are laid out in the report that the Center for Rural Entrepreneurship in Lincoln, Neb., prepared. It follows the work of Boston College researchers in their study 'Millionaires and the Millennium' and projects the philanthropic pot at the state level."
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