A Golden Age of Philanthropy?
May 17, 2006
By the year 2055, some $41 trillion will pass from one generation to the next in the U.S. and about $6 trillion of that total will go to charities, according to this groundbreaking study by Paul G. Schervish and John J. Havens of the Center on Wealth and Philanthropy at Boston College. Now the authors have applied their methodology to Greater Boston. What kind of impact might the great wealth transfer have on this community and how can we prepare for it?
