Planned Giving Opportunities with the Upcoming Transfer of Wealth

Presenter(s): 

Heather Vihstadt, MNM, CFRE, Director of Development, High Desert Museum
Kris Kamann, Chief Development Officer, Idaho Community Foundation
Heather Meuleman, Director of Campaigns, The Peregrine Fund’s World Center for Birds of Prey
Stephen L. Pruss, Partner, Ahrens DeAngeli Law Group

Moderator: 

Heather Vihstadt, MNM, CFRE, Director of Development, High Desert Museum

Track: 

  • Business & Administration

Studies show that $9 trillion in assets will be passed in the U.S. from Baby Boomers to Gen X and millennials by 2027. It is imperative that fundraisers plan thoughtfully for this transfer of wealth because great opportunity exists to secure planned gifts. While many nonprofits focus on immediate funding needs, museums are in a unique position, responsible for long-term institutional preservation and collections care. It is not only prudent, but necessary to develop sustainable revenue.