Illinois Transfer of Wealth
The 2020 Illinois Transfer of Wealth study estimates $434 billion in wealth will pass across generations in the next 10 years and $3.3 trillion in the next 50 years. With many Illinois nonprofits wondering how they will be able to create positive lasting change in their community, this study highlights the philanthropic potential if even a small portion of that transfer is captured for community projects and long-term investments.
Download the 2020 Transfer of Wealth report here.
How might the Transfer of Wealth impact my community?
In addition to the above report, the Transfer of Wealth study broke down 10 and 50-year wealth transfer predictions by community foundation service area, state senate district, state house district, and county in the supplementary tables below.
Download the 2020 Transfer of Wealth Supplementary Data Tables.
For context regarding data accrual and methodology for the supplementary tables, please refer back to the complete report and to additional information provided by the Alliance of Community Foundations.