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Investing in Our Future: The Impact of Wealth Transfer in the Fremont area

As we look ahead, the "great wealth transfer"—one of the largest asset shifts in history—presents a unique opportunity to shape the future of our communities. In Nebraska alone, approximately $100 billion is expected to transfer by 2030, rising to nearly $1 trillion over the next 50 years. In Dodge County, an estimated $1.9 billion will change hands in the next decade. If even a small portion of this wealth is directed toward local causes, it could have a lasting impact on community growth and development. 

However, much of this wealth risks leaving rural communities as younger generations relocate to larger cities. Without intentional planning, the Fremont area could miss a vital opportunity for reinvestment in local infrastructure, education, and nonprofit organizations. Across the state, community leaders are encouraging residents to consider leaving a portion of their estates to local causes—if just 5% of the estimated $100 billion wealth transfer were dedicated to local philanthropy, it could generate $5 billion to support communities throughout Nebraska for generations to come. 

Here’s a look at the estimated transfer of wealth throughout the FACF grant area over the next 10 years, and the impact if just 5% was left to local causes:

•    In Burt County, the 10-year transfer of wealth (TOW) is $679 million. Five percent of the 10-year TOW is $34 million.
•    In Butler County, the 10-year TOW is $815 million. Five percent of the 10-year TOW is $41 million.
•    In Colfax County, the 10-year TOW is $673 million. Five percent of the 10-year TOW is $34 million.
•    In Cuming County, the 10-year TOW is $783 million. Five percent of the 10-year TOW is $39 million.
•    In Dodge County, the 10-year TOW is $1.9 billion. Five percent of the 10-year TOW is $95 million.
•    In Douglas County, the 10-year TOW is $22 billion. Five percent of the 10-year TOW is $1 billion.
•    In Saunders County, the 10-year TOW is $1.5 billion. Five percent of the 10-year TOW is $75 million.
•    In Washington County, the 10-year TOW is $1.4 billion. Five percent of the 10-year TOW is $70 million.

Just imagine what just 5% of our collective wealth could do for the Fremont area! 

The Fremont Area Community Foundation makes it simple to plan for future charitable impact and establish generational giving, to ensure the wealth generated throughout our grant area can continue to serve our communities for years to come. Partnering with the FACF can make your job easier thanks to our philanthropic expertise and deep knowledge of local needs and the nonprofit organizations working on solutions. There are a number of ways to fund legacy giving that have tax advantages. Visit our website for more information.