We live in one of the most desirable places in the U. S. due to our restaurants, shopping, cultural events, beautiful beaches, year-round warm temperatures, and lack of state taxes. In other counties, taxes support human services programs. Here in Collier County, the government sets aside only 5.6% of its annual budget for human services—far lower than other counties such as Miami-Dade that allocates 12.8%. Because of this lack of funding, our nonprofits rely on philanthropy to survive.
The transfer of wealth study conducted by the Florida Philanthropic Network estimates that $34.8 billion of Collier County wealth will change hands from local baby boomers to their children, grandchildren, and loved ones by 2032— funds that could transform Collier County for the next generations.
Our solution is to secure 3% of the local transfer of wealth through estate planning and create an endowment of $1 billion. This $1 billion endowment could generate over $50 million in grantmaking each year, supporting the programs that benefit our local youth, families, seniors and veterans, our environment, and other community needs— forever!