This PPT discusses the importance of planning for estate charitable gifts that impact your local community.

1. © 2002 Council on Foundations and Community Foundations of America [Your community foundation name/logo] For good. Forever. SM

2. Growth in personal wealth Sources: Spectrem Group; Cerulli Associates; TowerGroup; Packaged Facts; Celent Communications; HNW, Inc. Affluent households 1995 2000 2005 11.2 million 19.4 million 33.5 million Net worth of $500K+, not including primary residence

3. Growth in personal wealth 74% first generation high net worth 276 billionaires 350 deca-millionaires

4. Growth in personal wealth $41 trillion Transfer of wealth Nationwide through 2050: Transfer of wealth for the nine counties of west central Minnesota through 2030: $2.4 billion

5. Securing resources to drive our vision for the future in west central Minnesota Transfer of Wealth Study

9. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota County totals

10. Growth in giving i n v e s t i n g i n c o m m u n i t y

11. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Becker County goal of community fund donations of 5% 2005-2010 $1.7 million 2011-2015 $1.8 million 2016-2020 $2.4 million 2021-2025 $3.0 Million 2026-2030 $3.6 million

12. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Douglas County goal of community fund donations of 5% 2005-2010 $1.7 million 2011-2015 $1.8 million 2016-2020 $2.2 million 2021-2025 $2.6 Million 2026-2030 $3.1 million

13. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Grant County goal of community fund donations of 5% 2005-2010 $937,000 2011-2015 $914,000 2016-2020 $988,000 2021-2025 $1,113,000 2026-2030 $1,301,000

14. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Pope County goal of community fund donations of 5% 2005-2010 $1.4 million 2011-2015 $1.5 million 2016-2020 $1.6 million 2021-2025 $2 Million 2026-2030 $2.3 million

15. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Stevens County goal of community fund donations of 5% 2005-2010 $553,000 2011-2015 $619,000 2016-2020 $550,000 2021-2025 $700,000 2026-2030 $714,000

16. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Wilkin County goal of community fund donations of 5% 2005-2010 $980,000 2011-2015 $1.0 million 2016-2020 $1.1 million 2021-2025 $1.3 Million 2026-2030 $1.5 million

17. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Clay County goal of community fund donations of 5% 2005-2010 $4.7 million 2011-2015 $4.8 million 2016-2020 $4.9 million 2021-2025 $5.5 Million 2026-2030 $6.6 million

18. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Traverse County goal of community fund donations of 5% 2005-2010 $551,000 2011-2015 $560,000 2016-2020 $511,000 2021-2025 $629,000 2026-2030 $684,000

19. Transfer of Wealth Study © 2006 West Central Initiative Transfer of Wealth in West Central Minnesota Otter Tail County goal of community fund donations of 5% 2005-2010 $6.3 million 2011-2015 $7.1 million 2016-2020 $8.2 million 2021-2025 $9.9 Million 2026-2030 $12.2 million

20. a platform for building community foundation foundation community community

21. We are a tax-exempt public charity created by and for the people of west central Minnesota. Our mission is to unite people and resources to improve the quality of life in west central Minnesota

22. e e t r h t o w o e n local expertise local expertise personalized service personalized service community leadership community leadership

23. Personalized service feature one › Educate people on charitable giving vehicles › Customize giving approaches to match personal interests and tax planning needs › Facilitate complex forms of giving › Share knowledge on community needs › Offer grantmaking expertise and administrative services › Help people create personal legacies via named funds › Offer involvement in recommending uses of a gift › Provide the option to give anonymously Creating solutions that fit every situation

24. Local expertise feature two Making a difference where it is needed most Arts and culture Economic development Education Environment Health Human services Recreation Neighborhoods › Gather information and track local agencies and programs › Direct grants and resources to appropriate areas › Local organization with local staff and board members › Knowledge of community issues, opportunities, and resources › Monitor community needs…

26. Tools for giving.

27. named funds A personal legacy of giving Donors can establish a fund in their name, in a family’s name, or in the name of any person or organization they wish to honor. Grants distributed from a donor’s fund are awarded in the name of their fund. This person or organization will always be remembered and linked to good works in our community.

30. People giving back.

31. The Inga Johnson story The power of endowment funding

32. giving back people › Local neighborhood grocery store owner › Life time interest in youth and community non-profits › Started a donor advised fund with WCI during her lifetime. After her death her estate added to the fund for a total of $750,000. Background: The Inga Johnson Story

33. The growth of the Inga Johnson Endowment Fund 1994 2006 $887,000 giving back people $750,000 Since 1994, $144,475 given away! $15,000 in annual grants

34. She is able to make life better for future generations in Fergus Falls Her $750,000 life time and estate gift has grown to $887,000 and has funded over $144,000 in grants Examples of grant recipients: giving back people › Fergus Falls Family YMCA › Lake Region Hospital Foundation › Fergus Falls United Way › A Center For the Arts › Fergus Falls Parks Department › Fergus Falls Public Library › And more

35. The advantages of planned giving People giving back

39. One family’s story Teaching charitable giving

42. Detroit Lakes Community Fund Teaching charitable giving in your community

45. reasons people choose to give through West Central Initiative t n e

46. reasons ten People choose to give through West Central Initiative 1 We are a local organization. 5 We accept a wide variety of assets 4 We connect people and causes through Donor Advised Funds 3 We provide highly personalized service. 2 Our professional staff has broad expertise.

47. reasons ten People choose to give through West Central Initiative 7 We offer maximum tax advantage. 10 We are a community leader 9 We build endowment funds. 8 We multiply the impact of gift dollars. 6 We partner with professional advisors.

48. Two simple thoughts.

51. For good.

52. SM Forever.

53. To learn more about us, call 800-735-2239 or contact us at www.wcif.org © 2002 Council on Foundations and Community Foundations of America [Your community foundation name/logo] For good. Forever. SM

54. To learn more about us, call 800-735-2239 or contact us at www.wcif.org © 2002 Council on Foundations and Community Foundations of America [Your community foundation name/logo] What Now?